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Federal Reserve Cover-Up

by Flexo

In 1999, the stock market was experiencing a bubble, which as most people know, popped, and caused many stock market speculators to lose money. During the time leading up to the crash, the Fed chairman did not publicly acknowledge the bubble. However, according to an article in today’s Wall Street Journal, the Fed was aware ... Continue reading this article…

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Trying Out Emigrant Direct

by Flexo

It’s been about three months since Emigrant Direct started offering a 3.0 percent interest yield on their savings account, beating out ING Direct for the favored spot in the minds of many. I’ve held out with ING for these three months and witnessed my favorite raise their rates, though not quite to the top. ING Direct’s ... Continue reading this article…

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Future Millionaires

by Flexo

I’ve been following CNN Money‘s Millionaires in the Making series for some time now. Deshundra Jefferson has posted a new profile online. The featured couple, Ryan and Danielle Quilling, are saving their way towards millionaire status. Danielle is 25 and Ryan 27. They have no credit card debt; the only debt they have is their ... Continue reading this article…

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Personal Finance Blogs in the News

by Flexo

Terri Cullen for The Wall Street Journal Online profiled personal finance blogs in an article today. The journalist had contacted me for an interview, but unfortunately we couldn’t hook up. That’s too bad; I could have used the free publicity and it’s always nice to be recognized. She did mention MyMoneyBlog, PFBlog, The Budgeting Babe, ... Continue reading this article…

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ING Direct Moves Up

by Flexo

Perhaps ING Direct has been feeling the heat from competitors. Today the online bank raised the interest rate offered on its savings account from 2.35 percent to 2.6 percent. The rate is still below Emigrant Direct, but I’ll still stick with ING for now. ING also offers referral bonuses; if I refer you through email to open ... Continue reading this article…

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Super Saver

by Flexo

This is what I should be thinking about for 2005. The article paints a picture of Rick Kuhlman who has found some ways to save that I think could apply to me. He replaced all the lightbulbs in his house with energy-efficient ones. At first I thought that it would be better to wait for ... Continue reading this article…

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Tax Time

by Flexo

I’ve started working on my tax forms with TurboTax Online through taxfreedom.com, a site that offers free federal and reduced-price state filing. I have almost all the information I need, so I went through to see where I was heading. Thankfully, I took classes last year towards my MBA. If I hadn’t, I would have ... Continue reading this article…

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My Latest Statement

by Flexo

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…

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