5 Credit Card Traps to Watch Out For

by Miranda Marquit · 9 comments

The Credit CARD ACT passed in 2009 has had some positive effects. Some of the measures protect consumers, and there are changes that can encourage consumers to pay off their credit card debt faster. Indeed, Consumer Reports says that there are indications that the requirement to include pay off date information on credit card statements is helping consumers see just how costly their credit card debt is — and they want to do something about it.

However, even with these positive changes, there are still ways to become ensnared in credit card traps. Credit card issuers are good at what they do, and determined to make money. They are businesses, after all. Here are 5 credit card traps you need to watch out for:
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5 Housing Options to Help you Save Money During the Recession

by Jamie Simmerman · 7 comments

With today’s “slow” economy and no relief in sight, saving money is becoming an ever-important task on the minds of consumers. Cutting back on splurges like eating out and vacations may have been the first to go, but when the recession showed no sign of relief after several months, many consumers began looking for ways to cut back on necessities as well to conserve more cash. One major source of budget cut backs is the cost of housing. Some consumers spend as much as 80% of their income on housing costs, so finding ways to shave even a few dollars off keeping a roof over your head can provide huge relief to a strained budget. Here are five options.
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How to Reduce the Expense of Gasoline

by Guest Contributor · 12 comments

Even though gasoline prices usually stay low during the cold months we have seen an increase at the pump. Lower production is often cited as the reason for the continued increase but it is hard not to suspect pure greed when it is public knowledge that barrels of crude oil are back from its all time high prices. Given that the fuel business is a business just like any other, you need some strategies that allow you to get around while spending the least amount possible.
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10 Common Mistakes People Make When Investing

by Guest Contributor · 20 comments

Almost everyone makes investment mistakes. Yet, these mistakes may benefit us in the future, as we utilize our knowledge to make better and more informed business and investing decisions even if they cost us money the first time around. Like the advices from our parents, we must often experience it ourselves before we truly learn from them. However, if we know about our tendencies before we make them, it is much easier to recognize the problem and learn from it. Here are 10 common mistakes that people make when it comes to investing.
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How To Teach Your Kids The Concept Of Investing

by Vered DeLeeuw · 14 comments


There are some conversations with your kids you don’t really look forward to. “Mom, Where do babies come from?” is certainly one of them, as are the topics of safe sex, disease, death, and – yes – investing.

But the more experience I have under my belt as a mom, the more confident I am that even the most difficult, complex subjects can be simplified enough so that young children can understand them. In fact, the very need to simplify a complex topic so that a child might be able to grasp it makes many difficult topics much easier to explain. When you get rid of the subtle nuances that complicate adult behavior and interaction, what remains is often straightforward and not too difficult to understand.
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