Although there hasn’t been nearly enough time for the effects of the Credit Card Accountability Responsibility and Disclosure Act — passed into law by the Congress of the United States of America in the late spring of 2009 (and implemented at the beginning of last year) — to be properly assessed, commentators and pundits have...
Month: July 2011
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Gold and Silver – Wearing your investments on your sleeve
From hoards of Roman coins to the glittering weddings of modern India, gold and silver have proved to be the oldest and the most popular of investments. Throughout history, both precious metals have been a ‘haven’ investment, in some cases one that you can wear. Gold and silver are both finite resources and there is...
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Acquiring Assets: Your Ticket To Financial Independence
I was playing Cashflow 101 the other day with my friends when I realized a very important truth: passive income is what truly matters. Passive income equals freedom. For those who are not familiar with Cashflow 101, it’s an educational board game created by best-selling author and financial advisor Robert Kiyosaki. It’s a great game...
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Setting Short Term Goals for Long Term Savings
Saving money for the long term can be one of the hardest things to sustain and accomplish over a prolonged period of time. With all the various emergencies, repairs, and replacements that can pop up throughout the year, it can often be a near-impossible task to keep your finances in check. Whether you’re saving for...
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How Much is Your City Costing You?
Most people choose to stay put right where they grew up or at least someplace close by. Your family is there, so are most of your friends, and all the places you like to go and things you’re used to seeing. It’s comfortable. So comfortable that very rarely does someone stop and wonder whether or...
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Are you using the wrong credit card?
You may be thinking a credit card is a credit card, so there’s really no difference between two squares of the same plastic. This cannot be farther from the truth. Credit cards, like anything else in life, have a certain quality to them and your current card may be completely wrong for your lifestyle and...
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Steer clear of bad credit score to avoid being turned down by lenders
An individual’s past ability to handle his payments and repay a borrowed amount is known as his credit history and in most countries, banks, lenders, landlords, insurance companies, and even employers check your credit report before lending you a loan or hiring you into their organization. Your credit score is just like a passport to...
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A College Freshman’s Guide To Credit Card Debt
When surveyed about the reasons that they first take out a credit card, college students inevitably rank a concern for credit scores as their primary motivation, beating out even convenience and protection in case of emergencies. To a degree, of course, this is utterly specious, and we would expect our most responsible and ambitious young...
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Social Networking, Meet Billable Hours
If you’re a lawyer and you’re playing it by the book – like we all know that you are – then there are long, seemingly interminable stretches of your life lived in six-minute increments. The ticks of the clock are both a thorn in your side and a nugget of gold in your (or your...
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5 Tips for Reducing the Cost of Your Auto Insurance
Auto insurance is one of the rare monthly bills that you actually have some control over. To begin with, you can shop around for insurance to find the best rates. Additionally, there are certain things you can do to lower the cost of your insurance once you have it. You can’t say that about your...