Bank of America announced it will begin charging certain checking accounts a $5 fee for debit card usage. They are actually late to the party as other larger banks (Wells Fargo, Suntrust, Chase) have already announced they’ll be giving away feebies. Most consumers will immediately become outraged …
Economics
The Double Standard Of Car Buying
Imagine I come to you with “an investment.” I ask you for $20,000. A second after you sign on the dotted line, this investment will be worth $15,000; a year later $14000. Your investment value will continue to diminish each and every year. If you decide you want out, you can return the investment …
Should My Gym Ask My Income?
I received an email yesterday that I found frustrating. It came from the YMCA, more commonly referred to as the Y, the primary gym where I roll. (Right now I pay $36/month which I’m completely fine with). The email explained that they will be adopting a new pricing schedule, but as a current member …
Our Economy Has Chickenpox?
Did everyone see all that red today? HOLY RAVIOLI! You would’ve thought the stock market has chickenpox! Here’s the truth: it does; but we’re going to need more than an oatmeal bath to rid our symptoms. The bad news our economy has seen in the recent weeks is just as contagious as chickenpox. …
Thoughts on the Debt Ceiling Crisis
If you’ve turned on the tube recently, it’s been dominated by debt debates and dividing NFL dollars (although now everyone should be tuning into Shark Week and/or the last season of Entourage). Appropriately, there are many similarities between the two cash-clashes. If you knew anything about …
QE3
Link: QE3 Quantitative Easing Explained …
What’s For Dinar?
Investing is “putting your money in something with expectation of profit.” Investing is the best way to accumulate wealth. Instead of working extra yourself, your money will be working for you. The most common investments include stocks, bonds, and real estate. People have made ridiculous amounts of …
