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With unemployment and foreclosure numbers climbing, chances are high that you have friends or family members affected by this recession. When a close friend or family member loses their home, or their job (or both), it is frightening on several levels. You begin to wonder if the same could happen to you. This fear of [...]Post by Frugal Dad
Have you ever wondered how banks make money?Banks are in the business of making money, that much isn’t a secret. But how do they do it? And how can some banks offer much higher interest rates on savings and checking accounts than their competitors, or on the flip side, offer much lower interest rates for [...]
GM announced this week that the Chevrolet Volt’s battery will be guaranteed for 100,000 miles or eight years. That’s a long time to warranty anything, let alone a lithium-ion battery that is expected to power the car for up to 40 miles (more than other gas/electric hybrids). Electric and hybrid cars are back in the [...]Roundup: Electric and Hybrid Cars from personal finance blog Barg
This guest post from Anna is part of the “reader stories” feature here at Get Rich Slowly. Some stories contain general “how I did X” advice; others are examples of how a GRS reader achieved financial success — or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes.My experience with money is probably the opposite
We are more than halfway through 2010 and yet many major economic indicators are still showing the economy is not recovering as many would have hoped. The US economy lost 125,000 jobs in June and new home sales recently dropped about 33% (the most in 40 years), with pending home sales falling another 30% as [...] Related posts:2009 Minimum Wage Increases – Will $5 Extra Really Help or HurtB
Remodeling your home is often just wishful thinking, but you can turn that dream into reality without going bankrupt if you make a few wise decisions. There are places where you can save money without compromising quality, and other areas where you should plan to spend more to ensure a good result. Here are a [...]
Man, you guys are full of good ideas. When I put out the call for story requests on Thursday, you came through with over 150 suggestions. And some of them are stellar.I’ll get to work on some of these, farm some out to guest authors, and see if the staff writers want to take a stab at a few. Between us all, we may be able to hit some topics that GRS has never covered before.Note: A couple o
When you mention the term Sallie Mae, the first thing that comes to mind is probably student loans. While student loans are a large part of their business model, they also have a solid online savings account worth considering as a primary option, especially if you are saving money for college. That may sound ironic [...]
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