At the beginning of March, the banking arm of Sallie Mae, a publicly-traded corporation whose main business is student loans, began offering high-yield savings accounts. As I’ve mentioned before, “high-yield” is currently a joke; just a few years ago, you could deposit cash in high-yield savings accounts and count on slightly beating inflation.
It is ... Continue reading this article…
Last year was the first year I abandoned my own tax return preparation, deferring to a professional to do the dirty work. I’m glad I did; he suggested I restructure my business retroactively, resulting in a savings of about $15,000. I still haven’t seen most of this; the IRS is still processing my amended 2008 ... Continue reading this article…
Interested in opening a savings account at Discover Bank? Read this article first.
A few weeks ago, I noted that E*TRADE Bank will be moving some customers’ accounts to Discover Bank. The only customers affected by this move are those who do not have brokerage accounts. I have a brokerage account through E*TRADE, so my savings ... Continue reading this article…
Author Jane Bryan Quinn took her massive personal finance book published in 1997 and revised and updated the information to create Making the Most of Your Money Now: The Classic Bestseller Completely Revised for the New Economy, which will be released on December 29, 2009. I got my hands on a copy of this 1,242 ... Continue reading this article…
Update: The giveaway has ended and the winners will be announced shortly.
Note: This is a long article containing an in-depth review of the new version of Quicken. If you are just interested in the giveaway of Quicken 2010 Deluxe, scroll to the bottom of this article.
It took me a long time to warm up to ... Continue reading this article…
As I’ve mentioned recently, my maternal grandmother passed away a few days ago, my second of two grandmothers to pass away in the past few weeks. A few years ago, she moved out to California to be cared for by my mother and brother who had also moved out to the west coast several years ... Continue reading this article…
If you’re a frequent reader of this (or any other personal finance blog) you’re familiar with credit scores and credit reports, and the advice to check them often.
These resources detail your financial history and provide a measure of your supposed financial risk. They’re also useful tools to determine the safety of your identity. However, when ... Continue reading this article…
See the review of the best online savings accounts – updated August 18, 2009.
A few weeks ago, I noted the interest rates offered by EverBank and decided to open the “Yield Pledge Money Market Account” to take advantage of the generous “bonus” interest offered in the first three months of holding an account. The account ... Continue reading this article…
American Express created a frenzy among the wealthy when it decided to take advantage of rumors of an exclusive black-colored charge card, used by movie stars and music celebrities for purchasing jets and other items beyond the financial reach of us mere mortals. In 1999, American Express introduced the Centurion Card, a black charge card ... Continue reading this article…
See the review of the best online savings accounts – updated February 2010.
A brief history of Ally Bank and its parent, GMAC
In the turmoil engulfing General Motors there have been some changes related to banking. 51 percent of GMAC, which was originally established as a wholly-owned subsidiary of GM to provide financing for automotive purchases, was ... Continue reading this article…
A number of bloggers who write about personal finance have branched into the world of print. Here are some of the latest offerings.
Ramit from I Will Teach You To Be Rich has published a book by the same name. I reviewed the book back in March.
Trent from The Simple Dollar has written a document in ... Continue reading this article…
A little over a year ago, Russell Bailyn, an investment adviser who crossed the barrier into the blogosphere with his Financial Planning Weblog, contacted me to let me know he was beginning work on a book. As Russell and I were both music education majors in our respective undergraduate universities, I was eager to ... Continue reading this article…
The other day, I arrived home to see two boxes, one large, one smaller, waiting for me on my doorstep. A quick inspection verified that the shipment came from Sumo Lounge, who were sending Consumerism Commentary some product samples for review.
Sumo Lounge sells hip, urban furniture in the form of huge nylon sacks filled ... Continue reading this article…
Seven years ago, you would have found me blissfully unaware of my spending practices and their impact, flourishing my credit card without a second thought as I ran up my tab at restaurants and shops. I defined living life fully as having the things and experiences I desired, and I thoroughly enjoyed myself, imagining ... Continue reading this article…
Wall Street Journal Complete Real-Estate Investing Guidebook
David Crook
(9/10)
Occasionally, publicity agents, publishers, or sometimes even authors, send me books with the request that I read and review what they send. That was not the case with this book.
A few months ago, I wrote about the cost of owning a home over 30 ... Continue reading this article…
When I decided that I didn’t want to break my back moving my heavier furniture down one flight and up at least one more, I also decided that I wanted someone else to do that for me. I could have done more research when choosing a moving company, as I was hoping for a ... Continue reading this article…
Cash, Cars & College: A Young Person’s Guide to Money
Janine Bolon
(6/10)
When it comes to book reviews, I am usually contacted by the publishers, press agents, or public relations teams. When an author takes the time to email me directly, I pay more attention. I was contacted a few weeks ago by Janine ... Continue reading this article…
Excuse Me, Your Job Is Waiting: Attract the Work You Want
Laura George
(7/10)
A few days ago, I finished reading Excuse Me, Your Job Is Waiting, by Laura George. This book follows in the footsteps of another, Excuse Me, Your Life Is Waiting. The premise of both books is the “law of attraction,” which ... Continue reading this article…
Cameron Johnson features testimonials from T. Harv Eker and Donald Trump on the dust jacket for his new book, You Call the Shots. The book also includes a foreword by David Bach. However, this book outshines in many ways what I am used to seeing (over and over) from the typical financial gurus like ... Continue reading this article…
The introduction of The Maui Millionaires by David Finkel and Diane Kennedy, CPA read like a sales pitch. This turned me off immediately. I felt like I was sitting in one of those free seminars with one of those energetic, motivational speakers, whose goal was nothing more than to sell me some abstract ... Continue reading this article…