Archive for May 2010

Credit Card Offers: Excellent-Credit Credit Cards

Written by Nickel - 3 Comments

This week we’re taking a look at card offers for those with excellent credit. The better your credit is, the more likely it is that you are going to be able to qualify for cards that offer you terrific perks, rewards, terms and conditions. Your excellent credit tells the credit card companies that they can [...]

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Published on May 29th, 2010 - 3 Comments
Filed under: Credit Cards, Reviews
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How to Spot Counterfeit Money

Written by Nickel - 7 Comments

Have you ever gotten stuck with a counterfeit bill? The LA Times recently ran an interesting story about a guy who cashed in a $1000 Postal Service money order and received ten $20 bills along with eight $100 bills in return.
Unfortunately, all eight of the $100 bills turned out to be fake. Even worse… Once [...]

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Published on May 28th, 2010 - 7 Comments
Filed under: Miscellany
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0% Balance Transfers: 18 Months from Citi Platinum Select

Written by Nickel - 5 Comments

As many of you know, the credit crisis of 2009 killed off the most attractive credit card balance transfer offers. The plethora of no-fee, 12-18 month 0% balance transfers disappeared almost overnight, and we were left with a bunch of fee-laden, six month offers.
But there’s good news for those of you that are looking to [...]

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Published on May 27th, 2010 - 5 Comments
Filed under: Credit Cards, Debt Reduction
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Our House is Worth a Ton of Money – No, Really, It Is!

Written by Guest Contributor - 4 Comments

This is a guest post from Christian of Money Obedience. If you like what you see here, please consider subscribing to his RSS feed.
Mortgage rates hit bottom again at the end of last year, which is when we started the process of refinancing our mortgage – finally. (Note: Mortgage rates are currently at the [...]

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Published on May 27th, 2010 - 4 Comments
Filed under: Miscellany
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Lending Club Update – April 2010 Performance

Written by Nickel - 14 Comments

I’m a bit late with this update, but I wanted to get it out there because I’m closing in on one year of lending money through Lending Club and will be doing a big, year-end post sometime soon. As April came to a close, my “net annualized return” (NAR) was 10.65% — not too shabby. [...]

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Published on May 26th, 2010 - 14 Comments
Filed under: Saving & Investing
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Financial Reform: What’s in It for Me?

Written by Nickel - 4 Comments

The House of Representative passed their Wall Street reform bill back in December, and the Senate just passed their own version last week. All that remains now is to reconcile the differences between the two bills.
While this legislation seeks to put restrictions into place to prevent another financial meltdown, there are also a number [...]

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Published on May 26th, 2010 - 4 Comments
Filed under: Banking, Credit Cards, Mortgages, Saving & Investing
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Recasting or Shortening Your Mortgage – Pros and Cons

Written by Laura Martinez - 22 Comments

What would you do if you had a little windfall come your way? Would you spend it all, or would you look for ways to improve your finances, such as paying off some of your debt? Right now, many people are struggling with this question as they decide how to use their tax return and/or [...]

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Published on May 25th, 2010 - 22 Comments
Filed under: Debt Reduction, Mortgages, Real Estate
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The Worst Banks in America

Written by Nickel - 26 Comments

Do you like your bank? A lot of people don’t. In fact, according to the JD Power & Associates Retail Banking Satisfaction Study, average customer satisfaction with retail banks has dropped for the fourth straight year in 2010. Would bad service make you want to find a better bank? Interestingly, only 34% of retail [...]

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Published on May 24th, 2010 - 26 Comments
Filed under: Banking
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Credit Card Offers: American Express Credit Cards

Written by Nickel - Leave a Comment

The purpose of this weekly Saturday series is to highlight the best credit cards in different categories so that you can find the card that has the features that are right for you. We’re making that easier this week by focusing on the top 3 credit credit cards in the category (which is American Express [...]

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Published on May 22nd, 2010 - Leave a Comment
Filed under: Credit Cards, Reviews
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Traditional IRA vs. Roth IRA: What’s Your Preference?

Written by Nickel - 25 Comments

I recently wrote about the advantages of tax-deferred (traditional) vs. Roth retirement contributions. That post sparked an interesting discussion about the value of Roth vs. traditional accounts in the long run.
Each approach has its advantages, and the optimal strategy may vary based on your circumstances. For example, if you’re currently in a low tax [...]

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Published on May 21st, 2010 - 25 Comments
Filed under: Polls, Retirement, Saving & Investing
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