WaMu (formerly Washington Mutual) has announced that their interest rate on their Online Savings has been changed from 3.30% to 3.75%. This is the second announced interest rate for a online savings in the last several weeks, so it is hopefully the beginning of a new trend.
Currently, I believe, the only way to use the [...]
Popularity: 17% [?]
If you own a home, you know that you quickly accumulate lots and lots of stuff. If you were to ever have a fire or a flood, it could be hard to prove to the insurance company what you had and in what condition. In fact, if you have a fire and can’t prove you [...]
Popularity: 15% [?]
With all of the discussion about the price of gas that has been going on lately, and rightly so, it’s easy to blame your current financial troubles on the higher cost of gas. Don’t. While the higher cost may be hitting you hard, it isn’t the cause of your situation. But we all like scapegoats [...]
Popularity: 16% [?]
One of the tenet that I am trying to live by financially is to pay cash for as much as possible. There are certain things that I won’t be able to do that for. A house is the most likely example there. Many people would lump a car in with that category as well. Not [...]
Popularity: 18% [?]
There are many theories as to how best to pay off your credit card debt. One, the Debt Snowball, was popularized by Dave Ramsey and has many followers. In it, a borrower pays off the lowest balance rate card first and then “snowballs” the payment from that card onto the next lowest balance until they [...]
Popularity: 34% [?]
Here’s the Carnivals that we participated in this week. Three total and each is a great one.
The Carnival of Personal Finance
The Carnival of Debt Reduction
The Carnival of Financial Planning
Give each one a few minutes to at least skim through. Stop and read a few of the entries as well, I’m sure you’ll find something that [...]
Popularity: 21% [?]
I know some of you are probably not Americans, but for those of you who are, Happy 4th of July! I hope it’s nice and sunny for your celebrations and the fireworks are great tonight!
Independence day is also a great day to think about your financial independence. Take a look around you and think about [...]
Popularity: 23% [?]
If you’ve ever been involved with a company’s financials or been an investor researching a company, you likely know that they all have budgets. In fact, they would have a pretty big problem if they didn’t have budgets. And even with budgets, they still have problems when those budgets are unbalanced at the end of [...]
Popularity: 25% [?]
I just heard that the interest rate on the etrade high yield savings accounts will be upped to 3.30% as of Wednesday, July 2. What a great opportunity to open up an account and start on your emergency savings. Or to move your emergency savings to take advantage of the better rate. According to the [...]
Popularity: 20% [?]
I’ll spare you the pre-story except to say that my wife and I both did a lot of things wrong financially in our college years. Lots of college loans, credit card debt, and little to no savings to speak of. We got married, and still we continued on our merry way. We bought a house [...]
Popularity: 39% [?]