Anytime I have a conversation with somebody about banking, it typically turns out the same; I end up chuckling at the similar responses. "I remember when my bank gave away free toasters. I remember when I didn't have to pay for checks. I remember when I could receive a loan on just a handshake." As …
Why Do Banks Sell Mortgages?
One common question I've gotten recently has been around mortgages. "Why did my bank sell my mortgage? I want to find a bank that holds onto my loan." While this may be a big deal to someone who is shopping around to refinance, it's rather insignificant so a high-level overview is all that's …
How To Effectively Use Credit Cards
I received a blog comment the other day that wasn't too favorable. In a "real life" face-to-face situation, I would quickly become defensive and feel the need to justify myself; but in the realm of blogging I don't have to. Not everything I say is going to resonate with readers. I realize that not …
What To Look For In A Startup
Startup companies have been all the rage lately with this mini tech boom that has overtaken Wall Street. Just last week, a little startup called Instagram sold for $1 billion – and it only had 13 employees and a 26 year old CEO. And starting next year, new rules take effect that potentially allow …
Girl, What Chu Readin?
Here are a few articles to sift through this weekend. The first two are from two of my favorite "celebrity" bloggers followed by three reputable personal finance bloggers. Take a few minutes out of each day to visit these: Mark Cuban: Don't Follow Your Passion, Follow Your Effort Bill Gross: …
Should You Sell Your Timeshare?
Timeshares soared in popularity over the past 15 years, but recently, as the economy has dipped; many individuals are reconsidering whether owning a timeshare is really worth it. During boom years, people thought timeshares were a great investment, similar to owning a vacation home, but without all …
Link Wit It, Rock Wit It
There were some phenomenal posts in the Personal Finance blog-o-sphere this week. Here are a few of my favorites: Disadvantages Of The Roth IRA: Not All Is What It Seems Financial Samurai Why You Should Rollover Your 401(k) Life And My Finances Good And Bad Reasons To Contribute To A Roth …
