Articles on Personal Finance

Book review: Life Inc.

Corporations were invented a few hundred years ago--created to increase the wealth and power of favored businessmen (and the governments that favored them). They have become such

How To Avoid Gambling Away Your Investments

Some consider participating in the stock market as a form of gambling. While I agree that not everyone should be risking their money in certain investments, I believe that by takin

Making Home Affordable expanded again - borrowers allowed to refinance loans up to 125 percent of value

When the Obama administration first announced the details of the Making Home Affordable program in March, the guidelines for the refinance portion stated that the loan refinanced c

Shareholder’s Agreement: What It Is and Why You Need to Review Your Own

A Shareholder’s Agreement is designed to help you and your business navigate life’s tricky twists and turns. Here are 10 common clauses to look for in your Shareholder's Agreeme

Are the new home appraisal rules good for consumers?

On May 1st a new set of home appraisal rules called the Home Valuation Code of Conduct was put into effect by Fannie Mae and Freddie Mac in order to distance realtors and mortgage

The new normal economy

The economy is way short of full employment, so naturally, consumer spending is down. Sooner or later employment, I think, will return to normal levels. Consumer spending will re

Americans' savings rate up to almost 7% - who benefits?

According to the Bureau of Economic Analysis, the personal savings rate in May 2009 was 6.9%. This a 15 year high and a far cry from the negative savings rates of just a few yea

Things wear out

I have a pair of shoes that are about to wear out. This sucks because they're shoes I wear pretty often (which is no doubt why they're wearing out). I'll probably have to replace

Car Sharing: Why Own When You Can Just Share?

Car sharing is taking off in urban centers around the world. Here's what you need to know.

47 Simple Ways To Waste Money

How are you doing with your money? Do you have everything under control, or are you spending a little more than you should? Well, if you'd like to blow even more of your money, thi

Look Out Consumers: Debt Collections Get Scarier

While consumers already have to be on constant alert about so many things involving their personal finances, there are still those that find ways to take advantage of a bad situati

Book review: The Education of an American Dreamer by Peter G. Peterson

The Education of an American Dreamer: : How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond is the personal memoir of Peter G

Not Taking Jack: How To Deal With Identity Theft

Identity theft can happen to anyone. I should know, I've been jacked twice! Here are two major themes to consider when reacting against and deterring identity theft.

How Dissatisfied Do You Need to Be to Use a Satisfaction-Guaranteed Rebate?

Many brands offer them: satisfaction-guaranteed rebates. While this helps to build reputation in the industry and gives genuinely disgruntled consumers an easy fix for their probl

Getting by on a lot less money: 3 ways it's easier than you think

I spent my whole adult life trying to figure out how to get by on a lot less money, because I wanted to be a full-time writer and knew that it wouldn't pay enough to support the li

"Cash for clunkers" bill passed by Congress - what does it mean for consumers?

A few months ago I wrote about several car buying incentives that were floating around. This was before the bankruptcy of Chrysler and GM and there was a rumor going around that t

10 Tips To Lower The Cost of Banking

When shopping for a money market savings account or other bank products, I don't believe it should be all about the yield. You should also be aware of how much it costs to bank wit

How to save BIG

A friend recently told me that someone she knows is so cheap that he would not let her use paper towels at his place. Yet at the same time he complains about not having enough mon

The Different Types of Loans: A Primer

Do you know the basics of various loans? If not, then check out this loan primer.

Rebel with a Cause: ING Direct CEO Arkadi Kulhmann Talks Shop

According to Arkadi Kuhlmann, CEO and President of ING Direct and author of "The Orange Code: How ING Direct Succeeded by Being a Rebel with a Cause", credit cards are the opium of