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Many people will remember September 29, 2008 as a historic day in financial history due to the [...]

Update: Congress did not pass the bailout!! More details to follow.
The $700 billion bailout plan designed to buy toxic mortgage securities has been finalized by the lawmakers and the bush administration over the weekend.  Now that the only hurdle remains a vote on congress, it seems to likely pass.
Here are some of the details [...]

While we are all so focused on the outcome of the $700 billion bailout and whether there were will more banks that fail, it’s easy to loose sight of the time we should put into educating ourselves in personal finance.
It’s important to remember that although the US economy is in serious trouble, those of us [...]

Faron from Financial Learn was so kind in sending me 2 x $15 Starbucks gift cards to give away to my readers! Winning them presents the perfect way to enjoy Starbucks coffee without feeling guilty that they just spent money paying for it! So without delay, let’s first talk about how you can [...]

I remember when we were looking at a house about 18 months ago, the real estate agent would show us a house that is $500k, then one at $550k and another at $600k. On the seller’s perspective, this is called up-sell (which I’ve covered before here).
This time around, let’s talk about the consumer’s (our) [...]

During the frugal week when I spent just $34.01, I found that walking was a great activity for the mind and wallet. I told myself that when my wife came back, I will need to include her in this new activity. Last night, we went out for a nice walk and it was [...]

There are headlines everywhere about the Bush administration’s $700 billion bailout plan these days.  The bad news is that as much as $700 billion sounds, we will already be on hook for potentially $839 billion if this legislation passes. So far, our government has:

$29 billion to support JPMorgan Chase’s buyout of Bear Sterns
$85 billion [...]

As I get ready to become a full time blogger, I’m finding more and more accounts and potential gotchas that I need to take care of before it’s too late.  I’ve hence come up with a checklist to remind myself to find a solution to everything still outstanding so my finances won’t be affected unexpectedly.
401k
The [...]