Capital One Venture Card Matching Miles Being Credited

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 […]


How Debt Can Be Good for You

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 […]


Lending Club Update – March 2011

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 […]


PayPal vs. AmEx Serve

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!), […]


Adjusting Our Life Insurance Coverage

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 […]


Time to Start Paying Back the $7500 First-Time Homebuyer Tax Credit

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 […]


What Happens if I Forget to Sign My Tax Return?

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. […]


How to Budget if You Hate Budgeting

One of the most common pieces of financial advice that you’ll hear is to create a budget – and then stick to it. It’s one important step to gaining control of your money. But, in many ways, budgets are like diets. They involve discipline and self-deprivation, and neither of these things are fun. Thus, most […]


Credit Card Signup Bonus: 40k Points from Chase Sapphire Preferred

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 40k points after you spend $3, 000 in the first 3 months. Bonus points are worth $500 toward […]


Divorce and Life Insurance: How to Secure Your Settlement

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 […]