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Archive for February, 2008

3

Wachovia’s “Way2Save” and Bank of America’s “Keep the Change” Saving Programs

Posted by Frank
February 19, 2008

The personal savings rate in the United States is around 1%, an embarrassing number for one of the richest countries in the world. Why aren’t we following the saving generations that came before us? We can think of a few reasons: ARM mortgages, easy access to credit, ipods, 5+ year car loans, and rising college [...]


0

Gassing Up

Posted by Frank
February 17, 2008

Everyone knows of a gas station in their area where they can save a couple cents on a gallon of gas. Have you ever wondered if it is worth going out of your way to fill up at these cheaper stations? We have determined it is not.
Idling
I live close to a Costco that offers [...]


0

Bush Administration’s Next Rescue Plan: Project Lifeline

Posted by Ben
February 15, 2008

As we all know by now, this country is in a rapidly increasing downward spiral in real estate, credit and mortgage lending. About a week after Bush released the economic stimulus plan, he and six large mortgage lenders unveiled a plan to come to the rescue of a majority of foreclosing families. The question [...]


1

Take Your Lunch to Work

Posted by Frank
February 14, 2008

We estimate the average cost to go out to lunch in most major cities costs anywhere from $9-$13. In contrast, the cost to bring a lunch to work will most likely cost you around $2-$4. This simple decision if turned into a habit has the potential to save you $11/day (cost of a haircut) $55/week [...]


1

Milk Your Economic Stimulus Rebates

Posted by Frank
February 13, 2008

The U.S. House of Representatives and the Senate have finally passed H.R. 5140, an economic stimulus measure that will put money into taxpayer’s hands. President Bush is expected to sign the bill into law in the coming days. The IRS thinks they should get the checks in the mail sometime in May, which leaves [...]


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