Archive for May, 2009
Making the Most of Credit
Credit’s twin demon is debt. In addition, while credit can leave you for another, well-paid soul, debt will continue to haunt you until you’re completely down for the count. This is where your financial knowledge comes in. Are you even aware of what a FICO score is? When was the last time you read your [...]
The Beef with Adjustable Rate Mortgages
Let’s forget what Allan Greenspan said about adjustable rate mortgages a few years ago. When you’re dealing with something that could potentially make or break your financial standing, base your opinion and your choices on what’s happening now and not what happened twenty years ago.
Since we live in a world where world markets are as [...]
Why People Lease Luxury Cars
People who lease luxury cars don’t do it because they need transportation. No, they need their egos to be massaged every now and then. That’s why people take out leases for vehicles whose actual values can reach nearly a million dollars. While most people won’t mind, is this a wise decision?
Of course, it’s not a [...]
Don’t Let Your Wedding Destroy Your Finances
We know how important this special day is. However, let’s face it; weddings are notorious for unhinging finances to such an extent that immediately after the wedding, couples face the problem of making ends meet.
Why are weddings so expensive? It’s not really the price of the items; it’s the sheer number of things that you [...]
What to Do In the Event of a Lay Off
If you’re suddenly laid off your work, take note that you have several options. The first option is to find two or three short-term jobs that would fill in the gap that the first job has created. If you’re not willing to do this, then ask your employer whether a distribution of your retirement plan [...]