Archive for March 2011

Capital One Venture Card Matching Miles Being Credited

Written by Nickel - 3 Comments

I just received an e-mail about the Capital One Venture Card matching miles promotion from a reader that I’ll call Jason. In it, he wrote:
I applied for the Capital One Venture Card back when you first talked about their “matching miles” promotion. I got the card, spent $1000, and have already received the 100k in [...]

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Published on March 31st, 2011 - 3 Comments
Filed under: Credit Cards, Travel
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How Debt Can Be Good for You

Written by Neal Frankle - 4 Comments

Is debt good? Yes… At times it can even be great for you.
As a general rule, I encourage you to avoid debt like the plague. I stand by that in the vast majority of cases, but there are some situations where you really benefit by having debt. For example, as long as you know how [...]

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Published on March 31st, 2011 - 4 Comments
Filed under: Debt Reduction
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Lending Club Update – March 2011

Written by Nickel - 14 Comments

Hmmm… I just realized that it’s been awhile since I last updated my Lending Club progress. With that in mind, I thought I’d share some data to bring everyone back up to speed. For starters, my net annualized return (NAR) stands at 8.92%, which is a bit lower than where I closed out 2010.
Why the [...]

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Published on March 30th, 2011 - 14 Comments
Filed under: Saving & Investing
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PayPal vs. AmEx Serve

Written by Nickel - 8 Comments

While browsing the web last night, I ran across an interesting article about “Serve,” which is a new online payment service from American Express. AmEx is touting this as “the next generation digital platform,” and it’s clearly intended to compete with PayPal. I haven’t had a chance to play with it myself (yet!), but the [...]

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Published on March 29th, 2011 - 8 Comments
Filed under: Credit Cards, Online
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Adjusting Our Life Insurance Coverage

Written by Laura Martinez - 7 Comments

About a year and a half ago, I wrote about how we decided on our life insurance needs. Recently, Neal mentioned that he has re-evaluated his own life insurance needs, and now we’re thinking about modifying our coverage as our circumstances have changed.
The fact that we’re expecting a baby this summer has encouraged us to [...]

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Published on March 29th, 2011 - 7 Comments
Filed under: Insurance
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Time to Start Paying Back the $7500 First-Time Homebuyer Tax Credit

Written by Nickel - 16 Comments

Remember back in 2008/2009 when the federal government was trying to stimulate the housing market by handing out an income tax credit to first-time homebuyers? As you may recall, these “credits” came in two flavors. The first was essentially an interest-free loan worth up to $7500 that ultimately had to be paid back – nice [...]

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Published on March 28th, 2011 - 16 Comments
Filed under: Real Estate, Taxes
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What Happens if I Forget to Sign My Tax Return?

Written by Nickel - 3 Comments

With income tax returns due in less than a month, many of you are probably planning on working on your tax returns this weekend. While I realize that the majority of you (80% according to our recent poll) are planning on e-filing*, there are still a number of people out there who file paper returns.
If [...]

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Published on March 25th, 2011 - 3 Comments
Filed under: Taxes
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How to Budget if You Hate Budgeting

Written by Nickel - 9 Comments

One of the most common pieces of financial advice that you’ll hear is to create a budget – and then stick to it. But, in many ways, budgets are like diets. They involve discipline and self-deprivation, and neither of these things are fun. Thus, most budgets end up failing, just like most diets end up [...]

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Published on March 25th, 2011 - 9 Comments
Filed under: Planning, Saving & Investing
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Credit Card Signup Bonus: 50k Points from Chase Sapphire Preferred

Written by Nickel - One Comment

If you didn’t have enough miles to make the Capital One Venture Card mileage-matching offer worthwhile, here’s another one that might be of interest to you…
The Chase Sapphire Preferred card is offering a signup bonus of 50k points. You can redeem these points for $625 toward airfare or hotel accommodations. Use 20% fewer points when [...]

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Published on March 24th, 2011 - One Comment
Filed under: Credit Cards, Travel
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Divorce and Life Insurance: How to Secure Your Settlement

Written by Neal Frankle - 2 Comments

My wife and I are very happily married and have no plans on divorce. But I see clients who have to go through this process all the time. When they do, it’s a tough ordeal. I see people get taken advantage of for no good reason. Many times, the problem boils down to protecting the [...]

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Published on March 24th, 2011 - 2 Comments
Filed under: Insurance
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