MilkYourMoney.com Comments On Proposed Credit Card Rules
Federal banking regulators (Board of Governors of the Federal Reserve System, the Office of Thrift Supervision, and the National Credit Union Administration) recently proposed rules that would curb abusive credit card practices that we have long been against. For a detailed summary of all of the proposed rules, click here. Today, August 4, 2008, was [...]
Mortgage Buster: Scam or Savior?
We were recently approached with an interesting question regarding making interest payments. While there are many different ways of manipulating money, the absolute hardest way is to manipulate it to the advantage of the average consumer or homeowner. The house is stacked against us and we are given the pesky task of paying interest on [...]
MYM Mailbag # 1
We weren’t sure what to expect when we decided to open up our mailbag to you, the readers. Frankly, we were worried that we wouldn’t get any responses. We were more than happy with the number of great questions that came in; it’s great to have such active readers! We still have a few more [...]
Your Guide to House Hunting
Both Freddie Mac and Fannie Mae have gotten quite a bit of media attention on their recent bailout, a la Bear Stearns. While the consequences for this hasn’t been felt yet (and I am pretty sure that we as tax payers are going to be integral in footing the bill) the ramifications of them going [...]
The 8 Worst Habits for Saving Money
We have written before about “Saving” and being “Frugal” and things like that but we haven’t really addressed what to look for when you might be in danger of not saving adequately. Here’s a short list and the resolution for each, take them with you!
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