Each week I scour the internet for entertaining and informative articles. Here are my Favorite 5ive from this past week: Darwin's Money: What If Unemployment Benefits Were Structured As A Loan Instead Of A Freebie? Retire By 40: Should I Invest In 401(k) Or Roth IRA? Weakonomics: Jobs And …
Banking
What is the Difference Between Interest Rate and APR?
I told you in my last post, I was going to do it. Did you not believe me? Important Disclosure: Skip to the bottom if you’re in a hurry. Picture this: Every conversation with your friends includes one of them telling you how low their mortgage rate is. You research mortgage refinancing …
Wells Fargo Charges $35,000 for Overdraft Protection
Chill out Wells Fargo. A few days after Wells Fargo announced a pilot program to begin charging for debit cards, I read an article that continues to portray the bank in negative light. For those that don’t know, I live in Charlotte, North Carolina. Much of the local news revolves around the …
Wells Fargo/Suntrust Give Away Feebies!
That’s not a typo. Remember when banks used to give everything away for free? You could go into a bank and get all sorts of freebies (read this article from 2003: http://www.bankrate.com/brm/news/bank/20030919a1.asp). The free toaster sounds awesome. Boy! Have times changed… In June, Suntrust began …