As expected, ING Direct was the first bank to lower savings and checking interest rates today in response to the Federal Reserve Board’s interest rate reduction.
ING DIRECT’s Orange Savings Account has changed to 4.20 percent APY.
The rates for the Electric Orange Checking Account have changed as well. The new tiers are:
$0-49,999.99 earns a 3.25 percent APY
$50,000.00-$99,999.99 earns ... Continue reading this article…
Money Magazine has tips for getting the most out of a Best Buy shopping trip, which reminded me to share my story of yesterday’s experience.
In my circle of friends, the big box retail store known for its bright blue and yellow logo is known as “Worst Buy” thanks to the multitude of headaches their shopping ... Continue reading this article…
It has been my tradition over the past few years, I will be traveling to visit my family in California over Thanksgiving. As usual, I waited too long to purchase the airline tickets. I checked prices a few weeks ago, was discouraged by the high rates, and procrastinated even further. A few ... Continue reading this article…
I’m a regular reader of this blog, Get Rich Slowly, Five Cent Nickel, Cheap Healthy Good, and a number of other blogs which encourage me to live more frugally, to save my pennies for retirement.
Save, save, save, they say. And so I am.
Like a squirrel storing up nuts for an endless ... Continue reading this article…
Consumer Reports surveyed customers in an effort to find the best credit card companies when it comes to incidences of interest rate problems, incidences of bill-timing problems, and effectiveness of problem resolution. If you’ve paid for a subscription to Consumer Reports, you can view the results here.
At the very top of the list is ... Continue reading this article…
Welcome, Consumerist and The Simple Dollar readers. Feel free to subscribe to the Consumerism Commentary RSS feed and stick around for a while if you like what you see.
Whether you’re Joe Torre or Joe Cubicle, your at-will (more aptly, fire-at-will) contract may come to an end unexpectedly. If you’re smart, you may have ... Continue reading this article…
From now into the foreseeable future, I will be presenting weekly giveaways. Each weekend, though this is a guideline and not a promise, I will select one commenter who has added value to Consumerism Commentary to be the recipient of a surprise gift. This is just a way of me thanking regular and ... Continue reading this article…
In case you missed them, I’ve picked out a few excellent articles from the MoneyBlogNetwork that were published last week, as well as a few from other blogs. I’ve now split my weekly roundup into two posts, spaced within a few days of each other, because there are many articles I’d like to highlight. ... Continue reading this article…
Are you looking forward to a Red Sox win in the 2007 World Series? Even if you are, you’re probably not anticipating the win as much as some Sox fans. Jordan’s Furniture, a company in New England owned by Warren Buffett’s Berkshire Hathaway, is giving some customers a reason to root, root, root ... Continue reading this article…
Here are some articles I’ve enjoyed from the MoneyBlogNetwork and beyond in the past week. I’m splitting my round-ups into two weekly posts, separated by a few days, as the network has grown and I’d like to highlight more posts without presenting an overwhelming post that begins to look more like the Carnival of ... Continue reading this article…
Over 100 of the most common prescription drugs are listed in the New Jersey Prescription Drug Price Registry, maintained by the New Jersey Division of Consumer Affairs. This website lets you search by medication name, type, and form to find the prices for these drugs by zip code.
For example, if you search for 100 ... Continue reading this article…
Anyone who knows me, or anyone who feels they know me after following Consumerism Commentary since 2003 or my personal blog since some time in the previous century, will know that I always turn a critical eye towards the so-called benefits of the “productivity” movement.
Techniques like those popularized by Getting Things Done and ... Continue reading this article…
Countrywide, the country’s largest mortgage lender, is stepping in to “rework” 82,000 loans totaling about $16 billion. I believe that the lenders and the borrowers are both partly to blame for the mess. Lenders offer risky loans, and customers, happy to hear they can afford more than they anticipated, sign up without realizing ... Continue reading this article…
I get great satisfaction from reading personal finance stories from personal finance columnists. One columnist I usually like is Terri Cullen, who writes the Fiscally Fit column at the Wall Street Journal. Recently, her husband was offered a chance to buy his dream car, a like-new Chevrolet Corvette, for a too-good-to-be-true-but-is price.
Gerry and ... Continue reading this article…
I wrote earlier about the JumpStart Coalition’s highlight of the Citi Curriculum for children in kindergarten through young adults. I thought this curriculum had excellent suggestions for teaching students of a variety of ages about basic tenets of money management. Janet Bodnar, an author and seminar leader, thinks these lessons have too many ... Continue reading this article…
Here are some more articles from Octobers past at Consumerism Commentary. Articles here have changed over the past few years, so you may notice some stylistic differences as you go back in time. Here are some selections from the second half of October, 2006:
* The Virtual Reality Economy of Second Life
* Wall Street ... Continue reading this article…
Many of us depend on our employers for our livelihood. Even those not living paycheck-to-paycheck count on being employed to build up savings, invest and insure for the future, and of course pay the bills. Here are some things to look out for. If these apply to you, start hedging your bets ... Continue reading this article…
I have contacted the winner of the Sumo Lounge Omni Bean Bag Chair, who will have 48 hours to respond. Check your e-mail to see if you are the winner.
Congratulations to commenter 28, Jon H!
Earlier this month, I mentioned that the Do Not Call list was about to expire, but today the Federal Trade Commission has decided to keep expiring phone numbers on the list. While the original intent was to expire phone numbers after five years to ensure accuracy, the FTP says they’ve managed to scrub the ... Continue reading this article…