Archive for July 2009

401(k) Rollover Mistakes

Written by Guest Contributor - 12 Comments

This is a guest post from Dawn of Frugal for Life. If you like what you see here, please consider subscribing to her RSS feed.
I’ve twice been given the opportunity to rollover my 401(k) instead of cashing it out, and I’ve twice failed to do so. In both cases, I mistakenly placed today’s concerns ahead [...]

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Published on July 31st, 2009 - 12 Comments
Filed under: Retirement, Saving & Investing
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Cash for Clunkers Program Suspended

Written by Nickel - 18 Comments

Big news out of Washington today… Apparently the Cash for Clunkers program has been a bit too popular, and is reportedly being suspended out of fear of running out of money. This program was set to run through November 1st, or until the $1B allotment was used up, and it appears that the money might [...]

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Published on July 30th, 2009 - 18 Comments
Filed under: Automotive, Economy
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Good Deals Don’t Always Pay

Written by Matt Jabs - 27 Comments

While I am a staunch frugalite, I am not a cheapskate! In fact, price is but one of many factors I consider when making a purchase, no matter how large or small. Like anyone else, however, I’ve made mistakes in the past that serve as continual reminders that good deals don’t always pay!
You get what [...]

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Published on July 30th, 2009 - 27 Comments
Filed under: Frugality
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Another Reward Credit Card Change?

Written by Nickel - 8 Comments

A couple of months ago, I wrote about the new Citi Forward card. In case you don’t recall, it’s a relatively new reward credit card that offers ThankYou points instead of cash back rewards.
While I much prefer cash rewards, the reward structure on the Citi Forward card is pretty attractive… You get five points for [...]

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Published on July 29th, 2009 - 8 Comments
Filed under: Credit Cards
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Buying Foreclosures Can Be Risky

Written by Guest Contributor - 5 Comments

This is a guest post form Carson Brackney of Personal Finance Analyst. If you like what you see here, please consider subscribing to their RSS feed.
There’s always someone trying to find a silver lining when the skies are gloomy and gray. So it is with home foreclosures. Amidst all of the hand-wringing and sad tales [...]

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Published on July 29th, 2009 - 5 Comments
Filed under: Economy, Real Estate
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How to Get Off Junk Mail and Telemarketing Lists

Written by Laura Martinez - 15 Comments

Do you receive a lot of junk mail? What about annoying calls that interrupt your evening? If you do, you’re not alone. Read on for some tips for reclaiming your solitude.
An ounce of prevention
I used to work at a call center that tried to get people to try out a time share. I once asked [...]

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Published on July 28th, 2009 - 15 Comments
Filed under: Miscellany
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Lending Club: Invest in Your Friends

Written by Nickel - 24 Comments

Over the weekend, our very own Matt Jabs (FCN contributor and finance blogger extraordinaire) dropped me a line to say that he and his wife have applied a loan through Lending Club.
Why Lending Club?
As you’re likely aware, Matt is working hard to get out of debt, and has also become somewhat dis-illusioned with big banks. [...]

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Published on July 27th, 2009 - 24 Comments
Filed under: Saving & Investing
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Switching to an iPhone: The High Cost of Awesome

Written by Nickel - 38 Comments

Just over two weeks ago, I did something decidedly un-frugal. I dropped my Sprint SERO plan in favor of AT&T and an iPhone. That’s right… I willingly ditched a plan that gave me 500 anytime minutes, unlimited text messages, and unlimited data for $30/month. And do you know what? I’m glad that I did.
What was [...]

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Published on July 27th, 2009 - 38 Comments
Filed under: Miscellany
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Prosper Resumes Peer-to-Peer Lending

Written by Nickel - 13 Comments

Just over a week ago, Prosper got permission from the SEC to re-launch their lending platform. For those that don’t follow this sort of thing, Prosper is a peer-to-peer lending company similar to Lending Club, and they’ve been in an SEC mandated “quiet period” since October 2008 while they registered with the SEC.
Similar to Lending [...]

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Published on July 24th, 2009 - 13 Comments
Filed under: Saving & Investing
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Creative Budget Balancing

Written by Nickel - 6 Comments

States across the country are hurting. High unemployment numbers and reduced corporate profits have gutted tax revenue. At the same time, every state besides Vermont has a law requiring a balanced budget. As such, state governments are getting desperate to make ends meet.
A recent article in Forbes highlighted the lengths to which some states are [...]

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Published on July 24th, 2009 - 6 Comments
Filed under: Economy, Taxes
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