While on a recent business trip, I witnessed something that made my jaw drop. I was standing at the hotel registration desk when I heard someone say “See, this is why I don’t need any more cards.” I turned to look and saw an older woman showing her pocketbook to two kids – possibly her [...]
Archive for April 2011
How Many Credit Cards Do You Have?
Filed under: Credit Cards
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Using British Airways Bonus Miles for Domestic Travel
Earlier this month, I pointed out a 100k mile bonus for signing up for the Chase British Airways Visa Card. This is a pretty generous offer, in that you can immediately trade those miles for a pair of Transatlantic flights. But what if you don’t want to leave the country?
As it turns out, you can [...]
Filed under: Credit Cards, Travel
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How to Get a Loan from Your Friends or Family
Even if you’ve been less than stellar with your finances in the past, you can still borrow money that you might need from family or friends. This is especially important if you currently pay high interest rates and want to refinance at a lower rate. If that describes you, your friends and family are a [...]
Filed under: Debt Reduction
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Make Yourself Indispensable
Even though the Great Recession is behind us and the economic recovery is (by most accounts) well underway, good jobs are hard to come by. So how can you be sure to keep yours once you’ve found it? Simple. By making yourself indispensable.
An example of indispensability
I was recently talking to a friend (let’s call him [...]
The Goof’s Guide to Money Management
It was a typical evening in the mid 1980s, and I was working late at my job as an advertising copywriter in Chicago. Down the hall, a colleague named Mary, not many years out of college, was also toiling away in overtime. I could hear her in her office, humming, shuffling papers and twirling the [...]
Filed under: Credit Cards, Debt Reduction
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Banks With the Highest Interest Rates
If you’re anything like me, you’re always on the lookout for ways to get more from your money. Unfortunately, recent years haven’t been kind to savers, with saving account interest rates averaging just 0.15% nationally. The good news is that it’s not hard to find to find a better deal.
As evidence, I offer a recent [...]
Filed under: Banking
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Struggling to Survive on $250,000 Per Year?
Over the past year or so, we’ve seen a lot of debate over the definition of wealthy. Much of this discussion has centered on whether or not individuals (or families) earning $250k or more per year are “rich” and should see their tax rates rise.
Without getting into the underlying politics, I think that one thing [...]
Filed under: Education, Frugality, Real Estate, Saving & Investing, Taxes
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When Do You Stop Being a Beginner?
When do you give yourself credit for knowing what you’re doing? This is not a rhetorical question in the least. Knowing the answer to this question will have a huge impact on both your personal life and you career, as we’ll discuss shortly.
This question occurred to me today as I was doing some blog-related work. [...]
Filed under: Miscellany
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Fidelity to Rename Bond Index Fund
This is just a quick heads up for those of you that are investing through Fidelity… I received an e-mail this morning stating that they’re renaming the Fidelity US Bond Index Fund to the Spartan US Bond Index Fund. This isn’t a huge deal, but it’s worth knowing about if you’re looking for this fund.
Here’s [...]
Filed under: Saving & Investing
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Travel Reimbursement Tips
As you may know, running this site isn’t all that I do. I also have a full time job, and that job sometimes requires travel. Unfortunately, I don’t have a corporate credit card for charging my travel expenses. I do, however, get reimbursed (within limits) by my employer – though I have to track and [...]
Filed under: Travel, Working
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