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If you have a personal finance book on your shelf at home, there is a good chance that the author recommends you put your emergency fund savings into a money market account. Historically, that was good advice as money market accounts have offered higher interest rates than either savings accounts or checking accounts.However, for at [...] Related Articles:Looking for New Checking Account? 4.25% a
Today, Prosper & Budgets Are Sexy team up and celebrate the season of Lent! (Didn't see that coming, did ya?). If you've ever heard of "peer-to-peer lending" before, you're probably already aware of Prosper.com - one of the biggies in the industry. The site's based on the premise that consumers should be able to help each other financially by borrowing & lending from one another, instead
Depending solely on other people for your investment decisions can mean dying a slow death.Over the last few decades, the switch from employer-managed pension plans to self-managed retirement accounts (i.e., IRAs and 401k’s) has turned each person into his or her own pension fund manager.Financial advisors often compare this switch to a scenario in which [...]
Tired of spending money on things you don’t use or get very little results out of? I’m referring to your gym membership. Don’t get me wrong, I’m a big fan of gyms and love going to them, but when they cost an average of $33 per person per month, it comes down to a combined [...]
I had lunch with a friend this week, and she told me about a barter exchange that her husband joined. The concept is pretty simple: you provide a service and earn barter credits, then you spend barter credits to purchase services from other businesses. And in a down economy, barter is appealing. My biggest fear would be ending up with a bunch of barter credits that I can’t spend on anything
This article is by staff writer Adam Baker, whose own blog featured the hit post 42 Ways to Radically Simplify Your Financial Life.When I was 14 years old, I opened my very first checking account at Bank One. That’s where my Dad banked and so that’s where he drove me when I asked to open an account. Over the years, I continued to give them my business.By 16, I had opened another check
Life insurance sucks. If you outlive your policy, you spent a lot of money for not much of anything. If you don’t outlive your policy, well shucks you didn’t waste your money on premiums… but you’re dead.So when my insurance company sent me a package detailing one of their newest offers, a “return of premium [...]What is Return of Premium Life Insurance? from persona
The last three nights I’ve found myself in the grocery store after work. Three trips in as many days is highly uncharacteristic for us, but I forgot something after my first trip, and a menu plan change sent me back last night. Naturally, I was guilty of picking up a couple things that caught my [...]Post by Frugal Dad
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