Effect of Paying Off Your Mortgage on Your FICO Credit Score

Have you ever wondered what sort of impact paying off your mortgage would have on your credit score? I have. In fact, that’s the primary reason that I signed up for a free trial of MyFICO ScoreWatch late last month. Well… I now have my “before” and “after” credit score, and guess what? It went down! At the time we paid off our mortgage, I had a FICO credit score of 781. […]

The Volcker Rule: Obama Proposes New Banking Regulations

If President Obama is able to enact the new plan for banks called “The Volcker Rule,” the era of banks too big to fail should be over. […]

Your Take: What Do You Look For in a Bank or Credit Union?

This week Liz Weston wrote about how to shop for a new bank and it made me think about how we chose the banks we work with now. For us, the criteria for judging a checking account differed from the criteria for judging a savings account. […]

Learning to Use Money as a Tool

It’s pretty clear by now that I have a different relationship with money than when I started Get Rich Slowly. I’m by no means perfect with the stuff, but I’ve become firmly entrenched in the camp that sees money as a tool. (I used to see it only as a means to instant gratification.) Here’s a tiny example. Taking a page out of Trent’s book, Kris has been on a crock pot kick lately. […]

Friday Finance Findings for January 22nd

By the time you’re reading this I will be on my way to New York. I’m spending a few days there to party with the rest of the crew over at Bundle.com, which launched just this week. It should be fun since this will be my first time in Manhattan. It’s interesting that I’ve been to many of the great cities in Europe, but I’ve never made it to NYC which is right in my back yard, relatively speaking. […]

Benefits and Dangers of Changing Careers and Paths

The following is a guest article by Flexo from Consumerism Commentary. Flexo is currently on a ten-day, ten-venue tour. It would be wonderful to live in a perfect world. There would be no war and no poverty, and you could eat dessert before your meal or whenever you like. […]

Star Money Articles and Carnivals for the Week of Jan 18

For weekday updates of what I find to be some of the most interesting personal finance articles on the web, follow me on Twitter. And before I get to this week's roundup, I wanted to say that I have three giveaways going on right now. […]

Work From Home Jobs: How To Find Legitimate Opportunities

This is a guest post from MD of Studenomics — the perfect place for those who are looking to destroy their credit card debt, who want to have more money now and wish to enjoy life a little bit. Come on over to check out my new design! […]

Last Chance for a Segregated Roth Conversion

The following is a guest post from Marotta Wealth Management. For more thoughts on this topic see 2010 Roth Conversion: Factors to Consider Before Making a Decision. A tax tsunami is coming at the end of this year. The higher your adjusted gross income (AGI), the closer you live to the coast where the tsunami will hit. […]

Trimming the Average Budget: Housekeeping Supplies

This is part of an ongoing series about how to trim the budget of the average American. As this series focuses on such broad-based tips, some will work for you and some will not. […]

Help a Reader Who Inherited $10,000

Does anyone have advice for Sibyl? She commented on an article reviewing Jane Bryant Quinn’s latest book with a question pertaining to her own finances. Sibyl was kind enough to include many details about her family’s finances.I have some suggestions, but this is always a good opportunity to have readers provide theirs as well.Here is her story:I just inherited $10,000. […]

How to Find Really Free Freebies

By Linsey Knerl This article shares tips from the newest episode of Dealista, our new podcast that'll help you get more for less. Click play to listen, or subscribe via iTunes to take the episode with you! Everybody loves free stuff, provided it’s actually at no cost to you. Finding it can be a challenge, however. […]

How to Check the Status of Your Tax Refund

It seems a little early but I’ve been getting a lot of “where is my refund?”-type of emails lately. While I won’t know the answer to that question (and I shouldn’t, the IRS should be that loose with your personal information!), the IRS will. […]

Maybe You Only Need So Much to Be Happy in Retirement

Here's an interesting bit of information I found in Consumer Reports' recent review of great retirement principles: Retired subscribers' satisfaction with their retirement reached a plateau when their net worth was between $500,000 and $1 million. Having more didn't make much of a difference. […]

Credit Cards and the Minimum Payment – Don’t Fall Into the Minimum Payment Trap

To some, credit cards represent everything that is evil. It’s true that credit cards have done their fair share of damage to people’s finances, but they are also a useful tool. But what makes credit cards bad for most people is the minimum payment. That’s it. […]

The 5 Worst Forms of Debt

I suppose you could live your entire life without going into debt, though modern middle class society in the United States seems to be designed to require at least some debt. Even if young adults can complete their education without taking on student loan debt, just about all new homeowners need a mortgage in order to afford a house. […]

Cash in Your Gift Cards

A couple of gift-card related tidbits… For starters, be sure to use your gift cards. According to an article in the WSJ, Americans spend $65B per year on gift cards (no including bank issued, pre-paid cards), with $6.8B going unredeemed. In some cases, that money becomes “abandoned property” that is collected by the state. […]

Best Deals for Thursday 01/21/2010

Sarah Jarosz "Song Up in Her Head" MP3 album download for $2 Black & Decker 4-Slice Toaster Oven $29.99 plus Free Shipping Dell E2210H 21.5" Widescreen Flat Panel Monitor Only $149 after $50 Coupon Savings Free sample of Cream of Wheat Hot Cereal Etnies Footwear up to 75% off today only! […]

Dealing With Debt: Credit Counselors

By Stacy Johnson If you're in debt trouble, get help. I just published my third book about living debt-free. It's called Life or Debt 2010. […]

Trimming? What About Earning More?

During the entire “Trimming the Average Budget” series, the focus has been on spending less money. […]