It wasn’t that long ago that we were talking about how far home sales had dropped (a new record low at the time) and the causes behind it. It was just announced (yesterday or today) that new home sales have “unexpectedly” dropped another 12.4% to a new all time record low. To be completely honest, [...]
So, are you surprised by that news? That new home sales dropped like a rock in May? I can’t say that I am. I try hard to keep my politics out of this site, but what the heck were they thinking? If you look at the chart that CNNMoney has posted, you can clearly see [...]
There’s a new bank in town. It’s called banksimple, and it might just turn a few of the more “traditional” banks on their heads. Why? Transparency. I know, you think I’m joking. But, I’m not. Let’s start with no overdraft fees. None. No overdraft fees. If you have no money immediately available, we will draw [...]
It struck me the other night, as I was reading a book and came upon a section on Ponzi Schemes, that insurance companies are borderline ponzi’s themselves. The definition of a ponzi scheme is when the broker/banker/agent takes money and promises a unusually high return and then pays said return from the incoming money from [...]
April, besides having a horrible day for pranks, is National Financial Literacy Month. It’s been promoted as such since 2000 and was officially recognized by the U.S. Congress in 2003. Too bad they haven’t improved their own financial literacy since then. But, I know many of us have. There are several ways you can improve [...]
LifeLock will pay $12,000,000 in a settlement with the FTC and 35 states. The states and the FTC claim that LifeLock’s Identity theft and data security claims were not true. In one of the largest FTC-state coordinated settlements on record, LifeLock and its principals will be barred from making deceptive claims and required to take [...]
I’ve long been a fan of ING Direct. The ease of use of their accounts is unbeatable in any other bank that I’ve tried. I’ve never had to use it, but I’ve been told that the customer service there is top-notch as well. Now, today, I’ve read from Consumerism Commentary that the ING Direct branch [...]
The Mint.com personal finance service that took the webs by storm is being picked up by online rival Intuit. Techcrunch is reporting the price to be $170 Million. I can only imagine that Intuit will be melting the Mint service into it’s line of Quicken software. Maybe making it an advanced version of the Quicken [...]
J.D. at Get Rich Slowly has a great review up of a new exhibit at the Epcot center at Disney World, Orlando. He and his wife went down to Orlando and gave “The Great Piggy Bank Adventure” a test drive. The Great Piggy Bank Adventure features five stations, each of which allows kids to play [...]
There’s been all kinds of buzz bouncing around on Twitter over the last few days about a big announcement that Dave Ramsey is going to make on his show this coming Thursday (3/26/2009). At the moment, nobody is saying what it is, and I’ve only been able to figure out that the name for the [...]
