Archive for January, 2008

While we are waiting…

Thursday, January 31st, 2008

As January comes to a close, there is still no definite word about if or when the proposed tax rebate checks might be on the way to mailboxes and bank accounts across the country.  While we are waiting, it would make sense to focus our time and attention on something ...

Wait Until The Check Is Actually In The Mail

Monday, January 28th, 2008

Based on news reports from Washington, D.C., there is reason to think that millions of Americans will receive tax "rebates" before the end of this year.  The 2008 Economic Stimulus Plan will send $600 - $1200 to approximately 117 million American families.  Regardless of the final details of the legislation, ...

Nothing Else Is Quite The “Same As Cash”

Thursday, January 24th, 2008

It is virtually impossible to watch television or read newspapers without seeing ads for "same as cash" financing options.  On first look, those options seem very appealing, especially for large purchases.  In fact, there doesn't SEEM to be a downside to "same as cash" promotions.  What's not to like about ...

How much are you worth?

Monday, January 21st, 2008

If someone put an actual "price tag" on you, what would it read?  In other words, how much, in dollars and cents, are you actually worth?  If you don't know the answer to that question, there is a way you can find out.  A "personal balance sheet" is a financial ...

Finding and Fixing “Cash Leaks”

Thursday, January 17th, 2008

When reviewing your bank account, do you find that more money is gone than you thought?  Do you struggle to remember where and when the money was spent?  If so, chances are good that you are leaking money.  Not, literally, leaking money.  Leaking money, rather, in ways that can be changed.  If ...

Online Banking: 8 Reasons To Love It!

Monday, January 14th, 2008

When midnight struck and calendars were flipped from December 31, 1999, there was great concern about whether or not banking systems and computers would make the transition to the new century.  Thoughts of widespread use of online banking were definitely few and far between.  Today, just 8 short years later, online ...

Q & A: Is “cashless” really where we want to go?

Thursday, January 10th, 2008

I admit it.  Since debit cards have become readily accepted, I rarely have cash.  I like the fact that I can use a debit card for $3.51 or $351, whatever the situation calls for.   And I like NOT having to think about whether or not I need to go to ...

Discovering The Danger In A Debit Card

Monday, January 7th, 2008

According to the Federal Reserve, the number of debit card transactions is increasing by more than 20% each year.  Debit cards seem to be the ideal balance between carrying cash and using credit cards  (i.e. increased debt and interest charges).  After all, don't debit cards look, act and get accepted like credit ...

Deal With Debt Differently

Thursday, January 3rd, 2008

It's the time of year when DEBT becomes a "four letter" word.  Consumers that spent more than they should have for Christmas gifts are dreading the arrival of the next credit card bills.  This dread and a promise to not get into this financial situation "ever again" has become an ...