Consumers are watching every penny in the current weak economy. Several new websites seek to capitalize on this bargain hunting, and they attempt to leverage the power of group purchasing. Individuals can band together on these sites in order to obtain deep discounts on everything from groceries to luxury vacation travel. Although there is not [...]
Continue reading...3. August 2010
Financial literacy in America is currently in a sorry state, and Visa is seeking to improve the financial acumen of both American kids and adults. To this end, they have introduced a free iPhone App titled The Practical Money Skills Calculators. A wide array of features comes along with this app, and it can be [...]
Continue reading...28. July 2010
HelloWallet and Mint.com have emerged as two of the most popular websites seeking to give consumers financial advice. Upstart HelloWallet recently fired a shot at Mint asserting that Mint does not truly look out for the best interests of their users. The claim is that Mint derives its revenue from advertisers — most of whom [...]
Continue reading...19. July 2010
The legislative process and compromises often result in laws and policies which can be quite illogical. Take for instance the current status of the estate tax. Several years ago there was a pitched battle between the parties over future rates for the estate tax — which spawned the very effective GOP tactic of referring to [...]
Continue reading...15. June 2010
Taking a few bucks out of an ATM is as reflexive to most of us as breathing. Most of us assume that those in charge of crafting financial regulations are intimately familiar with the financial issues which face average citizens on a day to day basis. This apparently is not the case. The Washington Post [...]
Continue reading...9. June 2010
The foreclosure epidemic in America is ongoing, and many desperate homeowners are seeking any tactic possible to stave off losing their home. Arising from this backdrop is the “produce the note” movement. This is a strategy propagated by many lawyers and foreclosure defense specialists, and it entails demanding that your lender produce the actual note [...]
Continue reading...6. June 2010
Current unemployment levels are at historic highs — in some areas upwards of 15% of the population are now unemployed. Many eager — if not desperate — job seekers are constantly looking for ways to outshine their competition and quickly get back to receiving a dependable paycheck. In this arena, the spoils most often go [...]
Continue reading...16. May 2010
Europe is in crisis. You’ve surely witnessed scenes of rioting and anarchy playing out on the streets of one of the world’s oldest democracies. What exactly is happening in Europe? Think of the EU (European Union) as your family. One family member (Greece) engages in reckless financial practices and runs up a huge amount of [...]
Continue reading...9. May 2010
A new financial advice website, HelloWallet.com, has recently launched. The site is the brainchild of founder Matt Fellowes who came upon the HelloWallet concept while doing research for the prestigious Brookings Institution. Fellowes ascertained that average Americans lose over $100 billion each year due to a lack of financial information resulting in bad decisions when [...]
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6. August 2010
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