Rate Cuts
Is Your Patience Tanking with the Market?
If you have been paying any attention to the markets lately, then you probably have noticed the huge fluctuations the past couple of weeks. Key market events, like the Fed’s decision to keep the interest rate idle, and the rise and fall of the price of oil, seem to mean more to investors than companies actual [...]
Top Financial Leader Thinks Second Wave of Foreclosures Coming July 1
“We have a wave of foreclosures coming after July 1, which may make the first wave look small by comparison.” - Sen. Christopher Dodd (D-CT)
Earlier this week, Senator Christopher Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, expressed his less than enthusiastic financial forecast for the coming months during a Securities [...]
United State’s Newest Epidemic - Insufficient Financial Literacy
Opinion -
Congress, regulators, and the financial services industry are pointing fingers at each other in an attempt to pass the blame regarding who is at fault for our current credit crisis. In reality, everyone probably shares a piece of the blame; however, to leave a lack of sound financial literacy out of the equation [...]
My Student Loan Decision
In a recent post, which you can view by clicking here, I broke down a recent offer my student loan lender, Iowa Student Loans (ISL) has presented. Because of the recent turmoil in our credit markets, the Federal Reserve has been cutting the Federal Funds rate, which for many has been a good thing. These [...]
Potential First-Time Homeowners Should Take Advantage of our Current Housing Market
Our current housing market, which is giving homeowners around the country financial headaches, is providing a grand opportunity to a certain class of potential buyers – first time homeowners. One man’s trash is another mans treasure is a saying that accurately reflects our current housing mess. Aside from those with a substantial amount [...]
Emergency Funds are NOT Investments
At this time last year; we were all enjoying money market returns nearing 5 percent. Many were not only parking their money in these liquid funds for emergency cash, but using them as active investments. Unfortunately, one of the downsides of the Federal Reserve’s recent interest rate cuts is the declining returns [...]
Should We Worry About Inflation?
Today, the Washington Post reported that, “prices have risen 9.2 percent since 2006 for the groceries, gasoline, health care and other basics that a middle-income American family has little choice but to consume.” Usually I would be happy with a 9.2% raise, but apparently, Americans need this just to keep pace with purchasing everyday essentials. [...]
Words From The Wise…
Quotes have the potential to inspire people to make changes in their lives for the better or to keep them on their chosen path. As passionate as we are about our writing, we know others in the world simply say things better. Having said that, we have picked five financial related quotes that we hope [...]
What Would You Do With $1 Million Dollars?
This topic is not really in line with saving day to day or financial managment, but since its Friday, we thought we would have a little bit of fun. Shown below, is a couple that won $270 million dollars and looked as though it was an inconvenience. Very entertaining to watch to say the least. [...]
Monthly Round Up for February
Every month we will gather up some of our most well received posts and quotes, in case they were missed as well as to give some financial highlights to consider for the month ahead. We will also discuss some of our sites traffic activity.
We had quite a successful first month! We had well over 3,550 visitors this [...]
