As featured in The Wall Street Journal, Money Magazine, and more!

Search: credit

Credit Card Rates Up

by Luke Landes

Selena Maranjian from The Motley Fool writes about credit card rates going up in an article aptly titled, How to Owe $40,000 by Doing Nothing. She includes tables showing just how damaging having a 40 percent APR on your credit can be. That’s a pretty high rate, and apparently it’s a more common penalty rate for ... Continue reading this article…

Read the full article →

Financial Disasters

by Luke Landes

Gerri Willis at CNN Money gives us five tips for handling financial emergencies. Create a safety net. This requires thinking ahead. Everyone will have at least one kind of financial emergency in their lifetime. The author suggests having three to nine months’ worth of living expenses in an accssible account. Break into the piggy bank. ... Continue reading this article…

Read the full article →

Nine Millionaires

by Luke Landes

I believe that this article from MSN Money is better than most of CNN Money‘s “Millionaire in the Making” stories. This article profiles nine individuals and the stories behind their first million dollars. Only one of them has anything to do with real estate; they are mostly stories of taking a chance with an idea ... Continue reading this article…

Read the full article →

Investing While In Debt

by Luke Landes

An article by Dayana Yochim at The Motley Fool gives the reader license to invest in the market while in debt — as long as the debt is good debt and not bad. Even if the debt is bad debt (credit cards), she suggests investing what you can while keeping to a plan to get ... Continue reading this article…

4 comments Read the full article →

Debt Help

by Luke Landes

From MSN Money and Bankrate.com, 15 signs you need help with your debt. Seek help from a credit counselor if you do: Any trip to a credit counselor should be preceded by a thorough analysis of your family’s personal finances: how much money you have saved, how much you owe, how much you have coming ... Continue reading this article…

Read the full article →

Fed Moves Up

by Luke Landes

You may have heard that the Federal Reserve Bank (aka. The Fed) has raised its interest rate by one quarter percentage point to 2 percent. (Another way of saying one quarter percentage point is 25 basis points—a “basis point” is a hundredth of a percentage point.) Digressing for a second, I should clear up any confusion ... Continue reading this article…

Read the full article →

Above Average

by Luke Landes

It doesn’t always feel good to know you’re above—way above—average. According to the Bureau of Labor Statistics, who just released the results of their National Compensation Survey, the average annual health insurance premium for singles is $810.84. I enrolled in my 2005 medical and dental plans last night. For medical I chose the least expensive ... Continue reading this article…

Read the full article →

My Latest Statement

by Luke Landes

I checked my credit card statement online today and discovered that my APR has increased from 11.7 percent to 14.7 percent. Now, I don’t think I’ve paid a finance charge in several years because I pay my balance off every month, but still the change disturbed me slightly. I sent a note to customer service asking for ... Continue reading this article…

Read the full article →
Page 199 of 202« First···50100150···197198199200201···Last »