November 5, 2009

Convenience credit card users are not perfect customers

This article on MSN Money misses a bit in the title: Banks punish perfect customers The article is another one on how credit card companies are hitting otherwise conscientious users with annual fees.  The users that are being targeted now are those who pay their bills on time and don’t carry a balance. These are not perfect customers as far as the bank is concerned.  They are close to the worst, a […]

Personal Balance Sheet, October 2009

Although it’s a little late this month, it’s now time to share my personal finances. I’ve been doing this roughly every month since Consumerism Commentary started in July 2003. I did recently make one important change — I am no longer counting my “business” bank accounts in my net worth. […]

Congress Extends $8000 Homebuyer Tax Credit, Adds New $6500 Credit

This just in… The House of Representatives has voted to extend — and expand — the first time homebuyer tax credit. Extending the $8000 credit, adding a $6500 credit According to the NY Times: The bill extends an $8,000 tax credit for first-time home buyers that was due to expire on Nov. […]

How to Get the Best Deal on Cable or Satellite TV

Bible Money Matters has a great piece on how to get the best deal when signing up for cable or satellite TV. He details the process he went through to get a cable package that retails for $84.99/month for only $36.99/month and offers several tips along the way. […]

Lending Club Update – October 2009 Performance

As October came to a close, things were still going well with my Lending Club investments. The one loan that has gone bad has stayed bad, but everything else is being paid on time. Even with that delinquency, however, my “High Risk” portfolio is back in the black, as I’ve earned more than enough in interest to cover the loan that I lost. […]

Best Ways To Invest Small Amounts of Money

Investing simply means putting your money to good use with the expectation that you’ll receive a return or reward for doing so. A lot of us don’t have much money to spare. Sometimes you may find yourself with an extra $100; maybe someone finally paid you back for a long-forgotten debt (it’s happened to me!) or your mom sent you over a cash gift for your birthday. […]

A Reflection of Your Closest Friends

It’s often said that people are reflections of their five closest friends in many ways: behaviors, income levels, values, and so on. Five years ago, almost all of my closest friends spent money like it was water. […]

BVC #22: Big Impact of Small Everyday Spending

All too often we go through our lives spending a little here, a little there. We make these purchases automatically because they can be so small and so routine that we forget we even make it. A lot of these things are habits, like smoking, or they’re part of our daily routine, like a cup of coffee in the morning. […]

American Express Cardmember Gift Offers

If you’re an American Express cardmember, you probably recognize the annual mailings from American Express about their cardmember gifts. They usually send out a couple of these types of offers each year and if you’re like, many of them go into the recycling bin. […]

Americans Not Ready for Retirement

Here's a piece from MarketWatch about how your home equity figures into your retirement plans. But what struck me were these figures on what Americans have saved for retirement: The equity in your home represents a big part of your wealth. […]

The Law (of) Suits: Insurance for Men

By Jabulani Leffall In this blog, on this site, I usually explore ways to think about spending rather than ways to actually spend. That’s not my blogcallojob (blog calling or job) to tell you how to spend. But I’d like to pop a sales tag of conversation for fellow men, or women with fellow men in mind, reading this right now and speak plainly. […]

Best Deals For Thursday 11/05/09

By Paul Michael Today's WISEBUY. 50% To 75% Off Toys At Target Target takes 50% to 75% off select clearance toys. […]

Book Review: Becoming a Category of One Second Edition by Joe Calloway

By Xin Lu In Becoming a Category of One, business consultant Joe Calloway writes about how companies can successfully beat their competition by creating their own category of business and being the only one in it. […]

Way to Save #109: Plant A Tree

A tree planted on the south side of your house can provide shade in the summer. Don’t plant an evergreen, though: you want those leaves gone in the winter. […]

24 Ways to Save Money Today

A big part of successful frugality is the routine with which you live your day-to-day life. Here are twenty four little things that you can incorporate into your daily routines that just trim a little money away from your spending – and puts it into something more important to you. 1. Brush your teeth. An unclean mouth is a perfect place for unwanted bacteria and germs to take root. […]

Dry Cleaning: Hazard to Your Wallet (and Maybe Your Health)

By Tisha Tolar Of course we all like to look good. For some of us, professional attire is a job requirement. We spend a lot of money to look good but we are also doing a lot more homework about how to look good for less money. Dry cleaning seems to be one of those areas where people still spend money without giving it much thought. […]

Are Loyalty Affinity Credit Cards Worth It?

One of my friends absolutely loves his Penn State-branded American Express card (I think it’s a “skinned” AMEX Blue card) because he gets to earn “points” towards various Penn State-related products and services. An example is the annual Alumni Association Annual Membership which is available for 7,100 points. Sometimes I think he gets amped up seeing Joepa on the face of the card. […]

Knocking Out the Beliefs That Hold You Back

This post is from GRS staff writer April Dykman. A college professor once told my journalism class that freelance writing is something you should do on the side. It’s not anything you could make a living at full-time.  I graduated and worked at an office job until I decided I wanted to become self-employed and do something that would give me more free time to write. […]

Why Your Resume Gets Trashed

Yahoo lists the following reasons your resume may get trashed by potential employers: Numbers Don't Add Up -- If accomplishments can be quantified, do it -- but use discretion. Brandishing borderline performance numbers signals a lack of experience and bad judgment. Formality Takes a Vacation -- Don't succumb to the informality of email. […]