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Finding Extra Money

by Flexo

Money Magazine has a feature this month about finding extra money or “hidden assets” as they call it. I’m not going to do a whole series on these suggestions, but I will simply summarize and add a few thoughts. 1. Cash in old savings bonds. If they’ve matured, you have money that’s not earning any ... Continue reading this article…

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Student Loan Consolidation: The Countdown Begins

by Flexo

As I mentioned last week, it’s time to consolidate your student loans. The U.S. News & World Report has a timely article about conslidation as a way of cutting back your costs. Student loans are basically a way of life for many college graduates. Lately, the interest rates have been so low it’s practically free ... Continue reading this article…

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Thank You For Supporting The Troops (of the Spanish-American War)

by Flexo

Good news! The Spanish-American War is over. Mission accomplished! We can now stop paying the government for it. There has been a 3 percent tax added to long distance telephone service charges since 1898, before income tax took effect. The funds from this tax were used to pay for that particular war. While it seems from ... Continue reading this article…

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Carnival of Personal Finance #46

by Flexo

Welcome to the latest Carnival of Personal Finance, edition number 46. For those coming to Consumerism Commentary for the first time, you can learn a little bit about me, Flexo, and this blog. You can also peruse through what I’ve arbitrarily decided were my “best” blog entries of 2005. Thanks to everyone who submitted an ... Continue reading this article…

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Raising Interest Rates

by Flexo

Everyone is affected by raising interest rates, but different people are affected in different ways. CNN Money describes how a typical American (homeowner, spender, etc.) is affected by interest rates. Interest rates are simply the cost of borrowing money; the prices paid by institutions trickle down to the consumer. So if you’re in the market ... Continue reading this article…

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Yield Curve Flipped

by Flexo

Earlier today, the yield on long term Treasury notes was lower than that on short term Treasury notes, creating an “inverted yield curve.” This is a fairly popular economic indicator, and just about every time this has happened in the last thirty years, the U.S. economy headed into a recession. It’s likely not a cause-effect ... Continue reading this article…

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And Here They Are

by Flexo

As promised, here is the new design for the $10 bill, issued by the U.S. Department of the Treasury. There’s a good amount of information available on the new security features. While I believe there’s no harm in having artistic (or at least colorful) money, not everyone agrees.

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New $10 Bill Design Coming

by Flexo

There’s a new design coming for the $10 bill. There will be an announcement later this week in which the Department of the Treasury will release the new look. I like the idea of varying the designs on currency.

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