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Bankruptcy: The Basics

I started out to write one long post about bankruptcy when I realized there’s just too much information to write one post. So, I’ll be breaking this [...] read more »
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Would You Rent Out A Room?

So a good friend of mine is in the precarious situation of owning a home that 1.) has lost value, and 2.) she can’t afford by herself if her fiancé looses his job. She called me up the other day and asked me what I thought about her renting out one. read more »
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Hot Checks - Lesson Learned... The Hard Way!

Just to make sure we’re all on the same page, hot checks refer to checks written and then returned for insufficient funds, or those that are paid by the bank, but they charge you a fee for it. In reality, anytime you write a check with which... read more »
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Banking 101: The Difference Between Checking and Savings Accounts

This post is really geared more towards those just starting out in banking and finance, but hopefully you savvy folks will find some things of interest, too. With that said, I’m going to just jump right into this piece because it’s quite lengthy... read more »
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The Rule of 72

he rule of 72 is used to calculate how long it will take an investment to double at a given interest rate. So, for example, let’s say you had $50,000 in an account that earned 4%, you would take 72/4 = 18. Therefore, it would take 18 years for your. read more »
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What Would You Do With Ten Million Dollars?

If you won the lottery and got $10 million, what would you do with it? Well, I guess technically, the first question would be, do you take the lump sum or do you take the annualized payments for 20 years?
At any rate, I ran across a story today t read more »
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What the Banks are Doing With Our Money…

Mark Twain once said: ‘If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man.’
How right he was.
When we, the taxpayers, picked up the starving banks and made them read more »
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10 Signs You're Addicted To Debt...

It’s pretty clear that America has a debt problem. Americans have been spiraling out of financial control for some time. Debt is increasing and sav..[...] read more »
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42 Ways I’m going to make my 2009 Awesome…

Last year I made a bunch of New Year’s resolutions and by the end of January I had broken pretty much every single one of them. And you know what? 20[...] read more »
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The ‘12 Days of Christmas’ - Greedy bank edition!

What would the holidays be without the ‘12 Days if Christmas?’ Well, I guess we could live without one more Christmas carol, but I’d have less materi[...] read more »
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When Daycare Costs More Than Your Salary

Daycare is a pretty big expense for most households. The trouble is, the price of daycare is going up, even in hard economic times. With parents losi[...] read more »
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Gifts vs. Charity: The Fine Line

People are funny about money. Most people, myself included, tend to view an offer of money as charity. Our independent natures rebel at the idea that[...] read more »
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Why I Rent Instead of Own a Home

After I wrote my article, ‘A Little Something Learned About Apartment Living,’ a coworker asked me why I didn’t just buy a house. I got the entire sp[...] read more »
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