I hate insurance.Actually, I take that back, I don’t hate insurance. I hate paying for insurance.Every time I get an email from GEICO or a mailing from Traveler’s, I think about how I pay them every six months and, in the nearly ten years of driving and four years of living in this house, I’ve never filed a claim. At least with medical and dental, I get some regular checkups and routine cleanings (I hate getting a teeth cleaning but I love getting stuff for “free”). Don’t get me wrong, I’d still get insurance even if I wasn’t required to by law, Read More »
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In another move to simplify my personal finances, I closed by HSBC online savings account today. At the current interest rate of 1.45% APY, it was in the bottom half of the online banks listed on my high yield savings account rates table; simply not worth keeping around anymore.HSBC Account Closing ProcessClosing the HSBC online savings account was simple. Log into your account and find the BankMail button in the left navigation menu. It will be one of the last buttons at the bottom. When you click on it, another window will pop up (disable pop-up blockers if you don’t see the window ap Read More »
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This week’s Personal Finance Hour will feature a chat with Jeremy from GenXFinance.com. In his day job, he’s a retirement planning specialist for a large 401(k) provider. Participants of the plan that he services usually come to him for advice on what to do and today we, despite not being participants of the plan he services, will turn to him for advice on how to plan for a successful retirement.The Personal Finance Hour is a riveting one hour online radio show broadcast live every Monday starting at 6 PM Eastern, 3 PM Pacific. At that time, you can listen to it by clicking on thi Read More »
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My friend Matt started a business and wanted to know what the best business credit card was. I’ll list what I consider the best options below but in general here’s what I look for:No annual fee: If you’re a startup, you want to keep costs as low as possible until you get your revenues up. Having to pay a hundred dollars a year, as little as that sounds, is a hundred dollars you can’t put back into your business to grow it as quickly as possible. Just as I wouldn’t get a consumer credit card with an annual fee, if I was a startup I’d avoid a card with an ann Read More »
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Now that you are aware of what happens when debt collectors violate the FDCPA and you have some recorded phone calls, credit reporting violations, and false or misleading statements by a collector, what do you do then? You sue them.Nothing gets a company’s attention like slapping them with a lawsuit. As the saying goes, it’s all fun and games until someone gets sued.From here, you have two choices and both will take you to the courthouse:You can retain a lawyer to represent you, or,Do it yourself.I’ll explain both.Retaining A LawyerIf you retain a lawyer, the standard agreem Read More »
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The outlook: You may not feel as if we're out of the woods yet. But the consensus among the 50 leading economists regularly surveyed by the Blue Chip Economic Indicators is that the recession is indeed over, and from a technical standpoint at least, probably ended in the summer. Read More »
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For a month or so before our wedding, my wife and I used Crest Whitestrips to help whiten our teeth. We thought about doing one of those “professional” dentist teeth whitening sessions but between the cost and the discomfort (my wife has sensitive teeth and her dentist said these were just as good… and cheaper!), we opted for a do-it-yourself kit because we figured it was a good value. In the end, we were very happy with the results.Just this last week, a representative from Crest asked if I’d be interested in getting a box of their new Crest Whitestrips Advanced SEal Read More »
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New, groundbreaking features can alert you to danger before you even know it's there. But added safety comes at added cost. Read More »
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While most of us don’t believe we’re out of the recession, no matter what the statistics say, we can all agree that we made a few sacrifices over the last year and a half. Some have made a lot of sacrifices. One of the things my wife and I cut back on was dining out. We would go out to restaurants several times a week, not counting weekend festivities with our friends. For a dual income, no kid household, it’s not uncommon because our other expenses are generally low. However, with the uncertainty of the recession and my wife starting a PhD program, we thought that cutting b Read More »
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The Great Recession has forced some people to find creative ways to cut back on their spending. CNNMoney.com looks at what five people are doing to save money. Read More »
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When the U.S. dollar gained ground on the Euro and other currencies last year, glossy travel magazines celebrated the affordability of once-pricey locales. Cheap lattes in Paris! Read More »
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In the last few months, there have been two big “stimulus” related items discussed in the House and Senate. The first was talk of extending the first time homebuyer credit in both time (when you could use it) and scope (who qualified). The second was about extending unemployment benefits by an additional 13 weeks. Well, it turns out both are going to become a reality as the Senate passed H.R.3548 – Worker, Homeownership, and Business Assistance Act of 2009 two days ago. The House passed their version in late September and just yesterday agreed to the Senate amendment to the Read More »
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