May 10, 2010

Sallie Mae Increases Interest Rate and 10% Upromise Bonus

Earlier today, Sallie Mae Bank increased the interest rate offered on its savings account 50 basis points to 1.4% APY. This is one of the highest interest rates available. I’ve shared my thoughts about opening a Sallie Mae Bank savings account in this review.Sallie Mae ties directly into the Upromise savings plan, a program which gives you cash back for purchases. […]

Is Buying a Car through Costco a Good Deal?

In the April issue of the Costco Connection, they tout their car buying service with the following facts and figures: 96.5% rated the professionalism of the authorized dealer contact as "good to excellent." (86.4% said "excellent) 96.4% would recommend the Costco Auto Program to others 96.3% rated the value of the Costco Auto Program "good to excellent" (84% rated it "excellent") 20 […]

Why You Shouldn’t Buy Gold as a “Hedge” Against Devastation

Shaun writes in: You need to be telling your readers to invest in gold because the dollar is about to become worthless. I wrote about this idea a year and a half ago. […]

Last Minute Food Shopping Tips: Shop Late For Big Savings!

How I push the envelope on food shopping. Don’t you just love a bargain? I do, which is why I’ve started doing my food shopping later in the day. I’ve instilled two rules into my food shopping expeditions of late, and they apply no matter what shop I go in. […]

Should ATM Fees be Capped?

According to the Wall Street Journal, Senator Tom Harkin of Iowa has introduced an amendment to the financial reform legislation that would cap fees for ATM withdrawals at $0.50 per transaction. Banks are currently charging an average of $2.66, so capping the withdrawal fee would remove a huge cash cow from the banking industry. […]

Best of Money Carnival

This week's the Best of Money Carnival is now up. Congrats to all participants and especially the winning post, 6 Financial Lessons From Johnny Appleseed. Enjoy! […]

New Server Test

Testing. This post should only show up on the new server. If you’re reading this you’re viewing the site on the new server. Stay tuned for updates shortly! About the Author: Jeremy is a retirement planning specialist and founder of Generation X Finance and the guide to Financial Planning at To learn more, follow Jeremy on Twitter.New Server Test […]

Sovereign Bank $150 Checking Promotion

If you live in the northeastern United States, need a bank account, and could use an extra hundred fifty bucks… do I have a bank deal for you. Sovereign Bank is offering a $150 cash bonus for new checking and savings account customers. The requirements are fairly standard – setup a checking and a savings account, enroll in online banking, and make five debit card transactions. […]

Help a Reader: Getting an MBA

Here's an email I recently received from a reader: I am in my mid-thirties with an Engineering background in IT. For the last 3 years, I have been in a managerial position. […]

Reader Mailbag: Travel

Did you know that ten hours of road travel with a four year old, a two year old, and a newborn is a really bad idea? I have just signed a loan modification for my (large) mortgage. They fortunately gave me a starting payment at 2% for the first 5 years. I have been able to pay up ALL of my bills (no credit cards or outstanding debt) and have $2000.00 in savings. […]

Keep Your Family Safe with these 6 Must-Have Smartphone Apps

Everyone wants their home to be a haven from dangers, and thanks to a recent roundup of some of the best smart phone apps designed to  keep you safe, you can sleep a little sounder tonight!  Check out 2 of the 6 that we recommended in a recent My Life Scoop article! WebMD Mobile Cost: Free Compability: iPhone While a smart phone app can ne […]

How to Intelligently and Responsibly Buy a Car

Car companies want you to buy their products on impulse. They would, generally, prefer that the step of thinking is removed from the consumer’s process. […]

Read Your Financial Statements Like a Banker

Link: ShareThisLet’s face it — financial statements aren’t the most fascinating things to read. […]

Grand Plan: How to Make $1000 Risk Free

How would you like to make $1000 risk free starting with just $1? It sounds too good to be true right? It sounds like a scam? Well, 99.999% of the time it’s a scam. This is that 0.001% time it isn’t and when you read through my Grand Plan, you’ll know it’s not a scam. You won’t get rich with the Grand Plan, you’ll just get a little bit ahead. […]

Further Adventures in Home Maintenance

As much as I’ve learned about money in the past five years, and as much as I like to share what I’ve learned, there are still times when I fail to follow my own advice. As I’ve mentioned, we live in a hundred-year-old house. This is a great and terrible thing. The house is beautiful and full of character, but it’s also a pain in the ass. […]

Win $200 in Gift Certificates!

Here's a great way to start off a Monday! The folks at BigCrumbs (summary of their site: offers a free online loyalty program that pays the highest overall cash back available at eBay and popular online retailers, including Target, Wal-Mart, Best Buy, Gap, Nordstrom and HP. […]