Understand Credit Crisis Visually

Sunday, March 1, 2009, AM | Leave Comment

Searching for banking, credit and finance in general using my favorite search engine, I came across this rather fine explanation of the credit crisis from Jonathan Jarvis. If you have ten minutes and want to understand how we got into this mess, watch the video. Jonathan offers an overview of the credit crisis. If you […]



The United States Now Ranks No. 6 In Innovation

Thursday, February 26, 2009, PM | Leave Comment

Long the unchallenged global leader in innovation and competitiveness, the United States now ranks No. 6 among the 40 most developed economies, according to a report published on Wednesday. The United States now lags behind Singapore, Sweden, Luxembourg, Denmark, and South Korea in that order and placed dead last among the top 40 economies in […]



Consumers Making Bare Minimum Payment

Wednesday, February 25, 2009, PM | Leave Comment

These days, the economy is so bad – no kidding – some credit card issuers are patronizing consumers to just close down their accounts. They are the consumers who have a history of paying the bare minimum on their credit cards every month. These consumers used to be money-making machines for the credit card companies. […]



Are good companies to work for good companies to invest in?

Wednesday, February 25, 2009, AM | Leave Comment

Every year, Fortune magazine publishes “100 best companies to work for”. The latest such issue was in January 2009. Some economists and behavioral scientists, for example, Alex Edmans of Wharton business school, suggest that choosing to invest in a portfolio comprising companies that have happy employees is likely to bring rewards. Mr Edmans suggests that […]



New withholding tables now available from IRS

Tuesday, February 24, 2009, PM | Leave Comment

The IRS has released new withholding tax tables that will result in more take-home pay this spring for millions of American workers. The new tables incorporate the new Making Work Pay credit, one of the key tax provisions included in the American Recovery and Reinvestment Act of 2009 that became law in mid. February. No […]



Understand How FICO Credit Score Works

Sunday, February 22, 2009, AM | 2 Comments

Up until, perhaps 2006, credit was in abundance. You went to the bank, someone would be waiting for you, would even open the door for you. Credit from the credit card companies was rushing towards you like a mountain stream, fresh untainted. In some communities, at times, there is shortage of water. The credit back […]



How sure is your insurance?

Friday, February 20, 2009, PM | Leave Comment

The last few months, the banking industry has not been doing good, to say the least. Many consumers have been understandably preoccupied with the fate of their bankers and their banking relationships. Along with banking, there are other financial services that have been experiencing difficulty lately. Consumers have been so busy trying to shore up […]



Today’s financial news – Feb-19-2009

Thursday, February 19, 2009, AM | Leave Comment

Breaking news about Personal Finances, Banking, Budgeting, Saving & Investing, and a lot more topics are presented here for Feb 19, 2009. The news is mostly current and rather than going from one website to the next, I bring the financial news right to your door step. I present links to the good (Clint), the […]



Tips When You Can’t Make Mortage Payments

Monday, February 16, 2009, AM | Leave Comment

In most people’s cases, housing is their biggest expense. If you are having trouble making mortgage payments, you have some potential options to think about for modifying your housing cost. As home prices continue to fall and more borrowers find themselves in need of a modification, correctly dotting the i’s and crossing the t’s has […]



Beware Of Jobs Scams

Thursday, February 12, 2009, AM | Leave Comment

As unemployment reaches levels not seen in decades, job and business-opportunity scams are flourishing. Consumer-protection, law-enforcement groups and better business bureaus are reporting a growing number of phony job-recruitment and work-at-home schemes targeting desperate Americans looking for a way to pay the bills. The Federal Trade Commission (FTC), the consumer-protection agency received nearly 6,000 complaints […]