personal finance

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A reader reports that thanks to a big update over the weekend, customers haven’t been able to connect to Chase services via Quicken, MS Money, or Quickbooks, though web browsers still work. Seamus writes, “The worst part is that only about half of their support staff are even aware of the problem, and no resolution time has been given. Another “upgrade” gone wrong!”

Personal Finance Roundup

Personal Finance Roundup

Investing With Nickels and Dimes [Kiplinger] “Earl Crawley, 69, better known as Mr. Earl, earns $20,000 a year as a parking-lot attendant. But he has amassed a stock portfolio worth more than $500,000.”

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Historically, September is the worst month for the S&P 500. Now we don’t feel so bad about our portfolio. [All Financial Matters]

Cars Cost Half Of A Family's Income

Cars Cost Half Of A Family's Income

Bankrate is reporting that the average new car will cost half of the average family’s income. How depressing!

My Best Financial Advice: Get Rich Slowly

The Consumerist asked some top personal finance bloggers to give a short summary of their single best piece of financial advice. Get Rich Slowly quipped, “Personal finance is easy. It’s simple. There is one fundamental law that governs your money. If you master this, you have mastered the entire game: To gain wealth, you must spend less than you earn.”

Paperless Personal Finance Can Save You Money?

Paperless Personal Finance Can Save You Money?

Blueprint for Financial Prosperity has listed 5 ways that going paperless in your personal finance can save you money.

10 Stupid Ways That Smart People Waste Money

10 Stupid Ways That Smart People Waste Money

Some people are bad with money and they waste it constantly on stupid crap that they can’t afford and they are sad all the time and have no friends… That’s not you.

Personal Finance Roundup

Personal Finance Roundup

FREE MONEY FINANCE

Congratulations Maryland, You're Now The Wealthiest State

Congratulations Maryland, You're Now The Wealthiest State

New Jersey is no longer the wealthiest state according to new data from the U.S. Census Bureau. Maryland, you’ve finally arrived!

Caution Advised Before Paying Medical Bills By Credit Card

Caution Advised Before Paying Medical Bills By Credit Card

Thanks to universal default, in which one credit card issuer can elect to raise your interest rate if you fall behind on the payments on another credit card, consumer advocates urge extra carefulness when paying large medical bills by credit card. Instead, first try working out an extended payment plan with the care provider.

Lyn's 2-Person Budget Spreadsheet

Lyn's 2-Person Budget Spreadsheet

Reader Lyn sent us a budget system he drafted that has worked well for his household, as well as friends and family.

iCache Is The Credit Card To Control All Credit Cards

iCache Is The Credit Card To Control All Credit Cards

Like using different credit cards for different rewards programs but get tired of the bulk? Enter the $99 iCache, an electronic device as thin as a Razr cell phone, that carries all of your credit cards in the writer portion, and then temporarily writes the credit card info onto a card. The card is good for one swipe and then the card goes blank again and ready to be rewritten. The unit is protected by a fingerprint scanner.

Personal Finance Roundup

Personal Finance Roundup

(Photo: Jeff Keen)

10 Reasons Credit, Debt and You Should Be BFF

10 Reasons Credit, Debt and You Should Be BFF

Rebutting “Ideas For Living Without Credit Or Debt,” Blueprint For Financial Prosperity came up with 10 reasons why credit and debt can be great. Here’s a good one (and one that we ourselves have made in the past):

Ben Stein Talks Retirement

The series is full of good, basic information on the fundamentals of retirement planning — a great resource for those wondering how to plan for retirement as well as those who need a brief refresher course on the subject.

Personal Finance Roundup

Personal Finance Roundup

A primer: Hedge funds, private equity, venture capital [USA Today] “Can you explain the difference between hedge funds and venture capital?”

Global Market "Correction" Just Like Pork Chops And Sausages

Global Market "Correction" Just Like Pork Chops And Sausages

It’s easier to understand the subprime mortgage meltdown and how it’s erasing gains in the global markets with the humorous little metaphor we heard offered on the BBC world service this morning from the editor of Britain’s MoneyWeek magazine. She likened the “eventuality” (seeing as we’re not quite ready to call it a crisis yet) to a butcher shop. It used to be that retail banks kept mortgages on their books for the life of the loan, but within the past five years, they realized that you instead of just eating the porkchop among your family, you can chop it into “tiny bits” and make them into “loads and loads of sausages” and sell them to everyone.

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Smaller-fries investing diversely will still experience queasiness, but they’re seen as pulling ahead in the long-term; it’s more the fancy pants cats using esoteric financial instruments like hedge funds and derivatives who have the most to fear in the current crunch, NYT reports.