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Entries from July 2009

How to Choose a Money Market Account

July 31st, 2009 · No Comments

If you’ve decided to use a money market account to benefit from higher interest rates and to avoid the risks associated with other investments, your next decision is deciding which money market account to open. Money market accounts are just like savings accounts in that the money you deposit is insured by the Federal Deposit Insurance Corporation (FDIC), so even if the bank holding your money goes bankrupt – the government guarantees you will not lose your money. This government guarantee makes

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Tags: Credit Cards · Debt Consolidation

Financial Woes

July 31st, 2009 · No Comments

What is debt consolidation? Benny, a close friend of mine asked me that question. He said that an agent from a certain financial institution asked him if he’s interested in combining all his loans into one at a lower interest rate. I laughed and told him that that is exactly the meaning of debt consolidation . He gave me an amazed look, as if to say, “You’re brillant!” But actually I’m no financial expert, I was just lucky enough to view a site that provided a lot of information about d

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Tags: Credit Cards · Debt Consolidation

5 Steps To Prosper In Hard Economic Times

July 31st, 2009 · No Comments

As I write this article the stock market has seen historic declines, property values are declining, unemployment is on the rise, and inflation is increasing. A lot of people are justifiably worried and glued to the TV news every chance they can get. So what can you do about all this? Actually, quite a lot. You may not be able to change what’s happening in the world, but you can absolutely change how it affects you and actually profit by it in a big way. First of all, stop watching the news so

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Tags: Credit Cards · Student Loans

Rudiments of Finance

July 31st, 2009 · No Comments

Finance Basics: The three rules you must know These days lots of people are looking for ways to better manage their money . There are many resources available to help you stay on top of your finances, but you really need to focus on three rules. This conventions bequeath help channelise your decisions, help you make the most of the money that you have and help you keep your books balanced. These rules are to spend less than you are bringing in, use the money that you have wisely and plan for

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Tags: Credit Cards · Student Loans

Success: Trappings v. Substance

July 31st, 2009 · No Comments

Lance’s fantastic blog post about how accomplishment makes you more attractive really got me thinking. I feel like what he says is relevant to the negative effect of the BF’s job on his health and decision-making , which has really got the BF and I revisiting a lot of things. See, he went to grad school for a terminal degree in his field because he knew that he could become very wealthy working in private practice in that industry. What he didn’t bank on was: He won’t even be on the

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Tags: Credit Cards · Student Loans