Consumerism Commentary

This informative group blog was honored by Kiplinger as a “must-read” blog and named as one of Yahoo!’s “Ten Money Blogs Everyone Should Read.”

Profile of Consumerism Commentary

Latest Posts from Consumerism Commentary (page 178)

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. […]

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. […]

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. […]

Debt Relief: Reminders of What You Are Doing Right

This article is presented by Kelly Whalen, Consumerism Commentary staff writer.Like many Americans my family has debt. We are working diligently to pay off our debt. We’ve slashed expenses, given up hobbies, and even become a one car family.We have a plan. A timeline. […]

Donations For Haiti Relief Will Be Deductible For 2009 Taxes

Earlier today the House of Representatives passed a bill to encourage more charitable contributions for recovery in Haiti. Once this bill passes the Senate and is signed into law by the President, and I expect it won’t be long until this law is official, those of us who have donated or will donate cash before the end of February will be able to count those donations as 2009 expenses. […]

19.99% APR On My Citi Credit Card, True Cost of Credit

Because I check my credit card activity online almost every day to ensure nothing unexpected has been charged to me, it’s rare that I examine my paper statements. […]

Between a Rock and a Hard Debt

Well, I didn’t want to have to make this decision, and I know that all of you smart people will think I’m making a mistake, but I’ve decided for the time being to stop making pre-tax investments into the 401(k)-like thing that my company operates.Over the last year I’ve directed $1,879.18 out of my paycheck into that IRA, and as of yesterday the account was worth $2,181.61, which is an increase of […]

U.S. Mint: Making Money By Making Money

I hardly use cash anymore. Almost every financial transaction I make as I go about my business is accomplished electronically or with plastic. […]

Don’t Tell Others How To Spend Their Money

This is a guest article by Outlaw, who lives and works in New York’s financial district and writes on the blog Credit Card Outlaw.I don’t believe in conspiracies.A few weeks ago someone I vaguely knew from college forwarded me an email about how the World Trade Center was likely destroyed by government “beam weapons.” I don’t even know what a beam weapon is, but it sounds absurd. […]