Bank on this. from Crestock Creative Photos I guess some banks are feeling the ‘hurt’ imposed by the new regulation regarding bank fees. SIOUX FALLS, S.D. — TCF National Bank sued Federal Reserve chairman Ben Bernanke and the Fed’s board of governors on Tuesday, saying regulations limiting the fees a bank can charge retailers for debit card transactions...
I’ve been seeing an increase in credit card offers in my mailbox recently. The increase of junk mail has got me thinking about whether or not I want a new credit card. I really don’t need one right now, and I am happy with my current cards. But that doesn’t mean I wouldn’t consider getting a new credit card — if the terms were attractive enough. Before...
As the old adage goes, “a penny saved is a penny earned”. Every dime that you save counts in this economy. One of the easiest ways to save some dough is by lowering your monthly bills. These savings can be used to pay down other debts, fund your retirement, or build your savings. All of these purposes will help to put you on the road to financial freedom. Let’s...
Have you ever wondered what a stock, bond, or mutual fund are exactly? If so, then this is the post for you. These terms are thrown around daily on stations like CNBC. It’s just expected that the average person knows what they are and the differences between them. Well I have found that this is not always the case. Stocks A stock is simply ownership in a corporation....
Do you still believe in long term investing? The last economic recession caused many investors to change from long term investors to short term traders. Over the last 10 years the total return of the stock market index has been nothing. Market experts used this data to bemoan the death of buy and hold investing. Although the lost decade has hurt the retirement accounts...
[ad#Left-Align Content Ad]Do you need help finding a new place to store your money? Be sure to do some research before you go and open a new bank account. Most people skip the step of checking out their new bank first. It’s important to investigate the financial soundness of your bank, interest rate paid on your account, and any perks that you bank is offering. Here...
The President is currently stumping for another stimulus package. This package would be directed towards improving the infrastructure of the United States. Money would be used to fund public projects and put state and private sector employees back to work. The $50 billion plan is being discussed but has a ways to go before it gains passage in the House or Senate Here are...
What’s the best investment that you can every make? It’s not a stock, bond, mutual fund, C/D, real estate or any other security. It’s the one asset that will remain with you for the rest of your life. The best investment that you can ever make is in yourself. Increasing your knowledge base will not only increase your marketability but it will increase your self esteem...
Remember the days when you had to pay for personal finance information. You had to buy books, magazines, and financial publications for access to financial strategies. Even personal finance software applications charged money to help individuals structure a budget and plan their expenses. Programs like Quicken and MSN Money charged $39.95 and up to its customers. Today,...