Monthly Archives: October 2010

Most people write out their budgets from time to time in search of little costs that could be eliminated in order to stretch their paycheck a little further. The problem is that it’s easy to identify the big costs that we are responsible for each month, but think about all the small things that we […]

In spite of the recession that has weakened the economy over the past two years online shopping continues to increase. One recent survey showed a 13% year over year increase in online shopping and the trend is expected to continue. There are several benefits to shopping online, from convenience to selection to price. But there […]

Savers have been doing a lot of complaining recently about the low interest rates they’re being offered for CD’s and money market accounts. A low interest rate environment is a risk for people holding a lot of cash, especially if inflation picks up like many economists are expecting. However, a low interest rate environment has […]

The wave of foreclosures that has been growing for the past two years continues to swell and experts fear that the flood of foreclosed homes hitting the market during the coming months could derail the recovery in housing that appears to be underway. It is estimated that at current sales volumes, it would take over […]

Homeowners are paying a lot of attention to the housing market right now, and with good reason. For most people, their home is their biggest investment. As home values nationwide have fallen over the past few years, it has become apparent that real economic recovery can’t happen without at stabilization in the housing market. There […]

The Fed concluded their two day meeting this week and, as usual, they released a few statements at the end of the meeting. Economists, analysts, and investors watch these announcements for two types of information. First, they listen for what the Fed is actually telling the public. The secondary pieces of information they watch for […]

Debt consolidation is becoming so popular, it’s practically the new American pastime. With the amount of debt soaring, more and more people are realizing that they’re in deeper than they’d like and are looking toward a consolidation loan for some relief. As the holidays approach and the costs of airline tickets and gifts loom, the […]

We often spend time and effort trying to find ways to reduce our dependence on credit cards to avoid the burden of credit card debt. Carrying balances on high interest credit cards can be one of the most difficult financial challenges to overcome, but losing access to valuable credit lines that you might need in […]

The highly publicized CARD act that passed earlier this summer as a result of credit card companies treating their customers in unfair and sometimes abusive ways have done a lot to streamline the rules governing the credit card industry. However, many cardholders seem to think that this new legislation completely handcuffs card issuers into never […]

With the companies behind your credit cards facing new laws that curb their ability to make money like they used to, many card users are seeing their credit limits cut or their cards canceled outright. The most disturbing trend for some credit card customers, however, is the sharp rise in interest rates that some companies […]