US markets fell 200 points on news that Greece could be on the precipice of defaulting on its debt. Wait, haven’t they been talking about that all summer? Yes, but this comes after the Germans, key players in resolving the crisis, are now publicly saying that Greece may default in a messy way. [More]
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Personal Finance Roundup
By 9.6.11
How to create financial security in retirement [Market Watch] “The three biggest worries that clients of financial advisers face seem somewhat easy to solve.”
5 Questions to Ask the Hiring Manager [US News] “Here are some of the best questions to ask when you’re looking for a job.”
Buyer Beware, as Damaged Cars from Tropical Storm Irene May Soon Arrive on Dealer Lots [NY Times] “This is a time just to be wary if you are buying a used vehicle.”
6 Surprising Benefits of the One Car Household [My Dollar Plan] “I have been surprised at the benefits a one car household has brought us.”
What Would You Do If You Got Let Go? [Yakezie Personal Finance] “All of us should be wondering what we should do if we got let go.”
Chart: This Is How Dead Free Checking Is At Big Banks
By 9.1.11
This chart from American Banker shows just how many nails are in the coffin of free checking at big banks in a post-Durbin amendment world. That is a whopping drop from 96% of large banks offering free checking in 2009 to only 34.6% in 2011. What’s also amazing is just how resilient free checking is at the credit unions and smaller banks, which continue to use it as a marketing tactic to attract customers. [More]
Discover Ends Disposable Credit Card Number Program
By 8.31.11
Discover sent around an email last night informing customers that it would be ending the “Secure Online Account Numbers” service. This feature helped you mitigate the potential for online fraud by letting you generate unique credit card numbers you could use per online retailer or even per transaction. A few Consumerist readers were bummed to see it go. [More]
Wells Fargo And Chase Waive Fees For Irene-Affected Customers
By 8.30.11
Wells Fargo and Chase announced that they are waiving some fees for customers in NY, NJ and CT to help them out after Irene. [More]
Personal Finance Roundup
By 8.30.11
Want an Unbeatable Résumé? Read These Tips from a Top Recruiter. [Forbes] “It has to be simple. No more than two pages. The average résumé gets read in 10 seconds.”
50+ Ways to Have Free Outdoor Fun [Wise Bread] “There are lots of ways to have free outdoor fun.”
Where to get free stuff : Mega Guide to freebies [Wealth Informatics] “A free feast is being served, so lets dig in.”
10 Things Economists Won’t Tell You [Smart Money] “Why their forecasts should be taken with a shaker of salt.”
Stay tough, stay employed [CNN Money] “While the job market is certainly far from ideal for recent graduates, a new study sheds light on a few qualities that could keep recession-era entrants to the job market at work.”
FDIC: Fewer Banks At Risk Of Failure
By 8.24.11
According to the Federal Deposit Insurance Corporation, fewer banks were at risk for failure in the second quarter. This marks the first time the number of institution’s on the FDIC’s endangered banks list has fallen since 2006, and is a sign that the finance industry is stabilizing. [More]
Personal Finance Roundup
By 8.23.11
How to Maximize Your Lifetime Earnings [Free Money Finance] “I wanted to look at which strategy would help you make the most over your career — starting at a higher salary or getting larger annual increases.”
Where the jobs are [CNN Money] “These 25 counties have experienced the most job growth over the last 10 years.”
How to Save on School Supplies Without Going Crazy [Wise Bread] “I have already gathered about half the items on my second-grader’s list — without spending any money at all.”
3 college myths that will cost you [MSN Money] “Certain misconceptions about financial aid and the price of higher education are all too frequent. The facts show why they’re not to be taken seriously.”
How to Talk to Your Landlord [US News] “Here are some quick tips to help to maintain and improve landlord-tenant relations.”
Check Out This Nearly Undetectable ATM Skimmer
By 8.18.11
Reader Andrew noticed this picture of an an incredibly high-end professional ATM skimmer that is virtually undetectable. [More]
"I Don't Doubt It" Is BofA's Response To You Saying They Transferred You To Foot Fetish Phone Line
By 8.16.11
When David tried to report some fraudulent activity on his debit card, Bank of America transferred his call to a 1-900 type phone line that specialized in feet-related activities. [More]
Personal Finance Roundup
By 8.16.11
10 Ways to Annoy a Hiring Manager [US News] “Want to annoy a hiring manager and lose out on the job? Here are 10 surefire ways to do it.”
Protecting your parents: Keep the sharks at bay [CNN Money] “One out of every five older Americans has been sold an inappropriate investment, paid excessive fees for a financial product or service, or been a victim of fraud.”
For Spenders, the Down Market Has an Upside [Smart Money] “Market woes may lead to significant deals and discounts on travel, cars and other big-ticket items.”
Fido’s bite could cost $26,000 [MSN Money] “Last year, the average cost of a dog bite claim was $26,166.”
10 Weird And Unconventional Ways To Save Money [Bible Money Matters] “Yeah, I know, great way to start the list – by telling people to stop using toilet paper!”
SunTrust Sunsets Free Checking
By 8.12.11
The next bank to do away with free checking is SunTrust, and they’ve got their own unique twist on it. [More]
Wouldn't It Be Nice To Find Out Your Checking Fees With A One-Pager Like This?
By 8.11.11
Wouldn’t it be really cool if your checking account disclosure form looked like this nice one-pager the Pew Research Group mocked up? Naw, just kidding. We know you love reading paragraphs of tiny text that have the important clauses buried in the middle of longer sentences. Playing a scavenger hunt to find out what fees you have to pay is part of the fun of having a checking account! [More]
Even Paying On Due Date Won't Save You From Late Fees
By 8.10.11
Even though he thought he paid on his credit card’s due date, Russel still got dinged with a late fee. Turns out that he needed to make his payment before 5pm Eastern, otherwise it would get counted as being the next day. Rarg! [More]
Personal Finance Roundup
By 8.9.11
Is It Safe to Post Photos Online? [US News] “Users might be sharing too much personal information by posting on social networking sites.”
47 Cheap, Fun Things to Do This Weekend [Wise Bread] “Here’s a list to help free you from boredom without emptying your wallet.”
Your best friends’ bank: You [MSN Money] “How should money work among friends?”
How the Debt Deal May Affect You [Smart Money] “Many experts think the plan will require some new strategies. Here’s what to consider.”
5 Ways To Save Money On Food While Staying At A Hotel [Yes I Am Cheap] “Here are 5 simple ways you can save hundreds of dollars on your next trip.”
If You Want To Lose Money, Sell Your Stocks Now
By 8.8.11
The plunges in the past week in the stock market are gut-wrenching but those who panic and sell off right now are going to be kicking themselves later, says legendary economist and former director of The Vanguard Group Burton Malkiel. The most you should do is rebalance your portfolio. [More]
Wells Fargo And Wachovia Merger Is Bad News For Divorced Couple
By 8.5.11
When Wells Fargo and Wachovia got married, it was bad news for this divorced couple. Merging the two bank’s databases resulted in the husband getting bills and statements for his ex-wife. After trying to fix it and deal with some Wells Fargo customer service reps who clearly needed counseling, the man is ready to break it off with his bank too. [More]
Setting And Staying On A Budget In College
By 8.4.11
Before you even step foot on campus this fall, you should know your budget as well as you know your class schedule. If you graduate with an A+ in personal finance management, that might be the best lesson you learn in your years of higher education. Here are a few tips, reminders and resources you should take advantage of. [More]
