Posted by admin on March 11, 2010
Personal finance from around the web:
- A 46-year-old Pittsburgh woman is suing Bank of America for mistakenly repossessing her home and confiscating her prized pet parrot. The woman's mortgage was up to date, but she says it took her a week to recover her beloved bird and six weeks to get BofA to clean up the mess it left. As foreclosures rise, mistakes like this become more frequent, experts say. [ABC News]
- Everybody knows how important it is to diversify your investments. But don't stop there: Put some thought into diversifying your income. [Five Cent Nickel]
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Posted by admin on March 3, 2010
Personal finance from around the Web:
- Banks 1, Consumers 0? Many in Washington are crying foul after this morning's buzz about a bipartisan compromise in the Senate Committee on Banking which would nix a proposed independent consumer finance agency by incorporating it into the Fed. [Bloomberg]
- Social Security saviors: your wife, sister-in-law and daughter could all be keeping this payout alive for the next generation. [Economix]
- From pancakes and sausages to a Bahamanian cruise: You can get a lot of free stuff for showing up on your birthday, or by joining a company mailing list. [Generation X Finance]
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Posted by admin on March 2, 2010
Personal finance from around the Web:
- Reviewing the tax-exempt status of the U.S Olympic Committee uncovers some interesting details. In 2007, $35 million went to administrative salaries, benefits, and other compensation. The athletes that year got about $14 million in “grants.” [Tax Policy Center]
- A historical comparison of Detroit and San Francisco incomes: not a pretty picture. [Infectious Greed]
- Skirts are getting shorter and shorter and, according to some, this can only mean the economy is about to improve. [Walletpop]
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Posted by admin on February 25, 2010
Personal finance from around the Web:
- If you live in Chicago and need your car fixed, good luck. You'll need it. AutoMD.com sent mystery shoppers to car repair shops in 50 markets to rank which ones had the fairest quotes. The cities with the lowest rankings — based affordability, price variation and shop integrity — were Chicago, Honolulu and Albuquerque. On the bright side, Memphis was the best place to get a repair, followed by Jacksonville, Fla., and Omaha. [AutoMD.com]
- Frustrated by foreclosure, one homeowner bulldozed his home to prevent the bank from seizing it. [CreditBloggers]
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Posted by admin on February 24, 2010
Personal finance from around the Web:
- Exploding Ford Pintos, lead-laden toys — take a trip down memory lane with "the worst product recalls of all time." This gallery might just take your mind off of your Toyota anxiety. [The Huffington Post]
- You've probably compared incomes using every other variable in the book. What about religion? Here's the breakdown of finance by faith. See which religions are America's most affluent. [Good]
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Posted by admin on February 23, 2010
Personal finance from around the Web:
- Cuban cigars are not immune to the recession, but Cuba's cigar distribution company hopes it can improve sales by getting more women to light up. [Economix]
- The Small Business Administration this week is offering Webinars (Web-based seminars, that is) to educate teenagers about entrepreneurship. Oddly enough, the online discussions are scheduled during school hours for most of the country. [Money & Company]
- No one likes paying fees. But before you pick up the phone and beg, check out these tips for getting them canceled. [It's Your Money]
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Posted by admin on February 9, 2010
Personal finance from around the Web:
- Only 15 million or so American workers belong to a union. With this infographic, you can see you're most likely to find them in New York or somewhere around the Pacific Ocean. [mint.com]
- Whether it's the economy or the thrill of it that inspires you to haggle, you'll enjoy this reporter's journey towards bargaining nirvana. Too shy? You'll learn about a company that will haggle for you. [The Washington Post]
- Coupons are all the rage. In 2009, 3.5 billion coupons were redeemed, 700 million more than in 2008. [The New York Times]
- Bankruptcy filings in January, roughly even with December's numbers, grew 20.6% from year-earlier figures. But the rate of increase in filings appears to be decreasing. [Credit Slips]
Posted by admin on February 8, 2010
Personal finance from around the Web:
- To circumvent competing with unbeatable deals on the Internet, many brands are removing the price tags from listings on e-commerce sites. Consumers must put items in their "shopping cart" and proceed to the virtual checkout before they know their total. [The New York Times]
- S&P 500 slump got you down? It's just the second stage of a bull market, says one commentator. Look to auto and house sales instead as the benchmarks for recovery. [Bloomberg]
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Posted by admin on February 3, 2010
Posted by admin on February 1, 2010
Personal finance from around the Web:
- No more being pennied and nickeled: President Obama's 2011 budget, released Monday, points out that it costs the government 1.8 cents to make each penny and nine cents to manufacture a five-cent coin. The administration proposes fiddling with the composition and weight of US coins to save money. [Infectious Greed]
- Under new British law, new dads will be eligible for paid paternity leave starting April 2011, enabling them to take the place of a female partner returning to work. The legislation would provide up to £123 per week, or about $200. [The Guardian via Bucks]
- Consider these four factors before converting your Roth IRA. [Bargaineering]
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