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 193)

Posts of the Week

Here are a few articles from around the web I suggest reading. Dangerous Personal Finance Magazine Headlines: The Attraction of High Yields. Jonathan points out some recent examples from magazines featuring enticing headlines on the cover. This is done to inspire sales of magazines. The investing advice found within is dubious, and important facts are often not included. […]

Lie to Yourself for Better Security

This week, TechCrunch made a big to-do by publishing internal Twitter business documents that they apparently received from an enterprising hacker. […]

The Watergate Hotel is in Foreclosure

The real estate recession doesn’t discriminate. While foreclosures have soared to one out of 84 households over the course of the first six months of 2009 and the Obama administration is considering more aid to help families in this situation, the threat is also affecting famous properties. The owner of the famous Watergate Hotel in Washington, D.C., Monument Realty, has defaulted on its loan. […]

Anniversary Giveaway: Enter to Win Free iPod If You Find All Four Clues

Today is the sixth anniversary of Consumerism Commentary! Long-time readers know that this blog was one of the first of its kind to focus on personal finance and money-related topics. Thanks to the readers, we are still going strong. I have learned much about money, especially from visitors and commenters, throughout the past few years. […]

Safeguarding Your Income

When it comes to financial success, your most important tool is your income. Without an income you can’t pay the bills, reduce your debt, or even buy the simple things you need to survive. With a properly maintained income, however, nothing is impossible. […]

How to File an Amended Income Tax Return (Form 1040X)

If you have filed your taxes for the most recent year but would like to take advantage of a new credit, such as the $8,000 first-time home buyer tax credit, without waiting for next year, you will need to file an amended income tax return. You cannot file an amended tax return electronically. […]

Variable Rate Loophole in the Credit CARD Act

I’m still looking for a second news source to back this up, but the circumstantial evidence is strong. We got a notice to our “tips” e-mail address about a loophole in the recently-passed Credit CARD Act of 2009, namely: The law requires credit card companies to give 45 days notice of a rate increase, but only if the card has a fixed rate. […]

California IOUs: Buying, Selling, and Inherent Value

The state of California is in poor fiscal shape. Without an agreed-upon budget, the state has resorted to sending people and businesses IOUs rather than the money owed. California has distributed $335 million in the form of these documents. […]

Podcast 12: Stupid Financial Advice and 5 Myths of Personal Finance

The twelfth episode of the Consumerism Commentary Podcast features an interview with Ramit Sethi, author of I Will Teach You to Be Rich, the book, and I Will Teach You to Be Rich, the blog. […]

Posts of the Week

I suggest reading these articles gathered from around the web. Emergency Fund Is For Emergencies ONLY – 6 Ways To Leave It Alone. Matt Jabs suggests keeping your hands out of the emergency savings account except when the need is due to a true emergency, not just when you have unplanned expenses. […]