Google And The 100-Mpg Car
Posted on June 20, 2007 - Filed Under Energy Savings, Saving | Leave a Comment
Google is again breaking new ground and pushing further into uncharted territory. This time instead of dealing with search and web 2.0 apps, they are investigating plug in hybrid electric cars under the ResearchIT.org Project. Google is providing $1 million in grants and another $10 million in funding to develop plug in hybrid electric cars with the […]
Read More..>>Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders on DVD
Posted on June 19, 2007 - Filed Under Net Worth, Credit Cards, Credit Repair, Credit History, Saving, Spending | 1 Comment
The ultimate personal finance documentary was released recently on DVD, Maxed Out. This is a must see for every consumer. Take an inside look at some of the predatory tactics used by debt collectors and the credit industry in general.
Read More..>>Price Protectr: Price Protection Guarantee App
Posted on June 12, 2007 - Filed Under Financial Apps, Home Savings, Saving, Spending | Leave a Comment
I cannot tell you how many times I have been in the store and saw the item I purchased came with a price protection guarantee. Consistently I would tell myself I will check before the guarantee expires and see if there is a better price. I never end up doing it. I just came across this new […]
Read More..>>Portrait of a Pentamillionaire
Posted on June 10, 2007 - Filed Under Net Worth, Financial Planning, Saving, Income, Stocks | Leave a Comment
SmartMoney.com recently had an article entitled, “Reaching the $5 Million Club Takes an Open Mind” in which research and marketing firm The Harrison Group paints the portrait of a pentamillionaire in today’s economy. With a net worth of $5 million you will be placed in the top 1% joining 930,000 others. 70% of these high […]
Read More..>>Emergency Fund: Personal Finance Blog Archives
Posted on June 8, 2007 - Filed Under Emergency Fund, Saving, Spending | 2 Comments
Everyone that has read even a few personal finance blogs has come across the popular “How to Start an Emergency Fund” post. It’s typically an insightful read as you can learn a lot about the writer’s saving philosophy. Some say to save a modest amount (about $1000 or less) in an emergency fund and use a home […]
Read More..>>Meeting Employer’s 401K Match: Now What?
Posted on May 25, 2007 - Filed Under 401K, Saving, Investing | 3 Comments
After meeting your employeer’s 401K match, what is the next best place for more retirement savings? As I see the hierarchy of retirement savings tends to go in this order:
Employeer’s 401K with Match. This is free money. You need to be saving as much as possible here for retirement. This should also be the last […]
Read More..>>Open Citibank Ultimate Savings Account and Get $100 Bonus
Posted on May 19, 2007 - Filed Under Banking, Saving | 1 Comment
I just came across this post on John Chow dot Com and am thinking about signing up for this one myself. Citibank is offering new customers a $100 bonus after 90 days of opening a savings account. That is a pretty good rate of return for not much effort. I received $25 with INGDirect, $50 […]
Read More..>>A Financial Meltdown Deconstructed
Posted on May 4, 2007 - Filed Under Financial Planning, Saving, Income, Spending | Leave a Comment
The Simple Dollar recently posted about his immediate reactions after coming to terms with the fact he had to change his spending habits and financial situation. By properly educating yourself and spending some time understanding where all your money is going, decision making will become much more clear to correct mistakes.
Read More..>>Is an Emergency Fund Really Necessary?
Posted on April 30, 2007 - Filed Under Unexpected Expenses, Emergency Fund, Saving | Leave a Comment
I recently came across an insightful survey provided by the Pew Research Center concerning an emergency fund. Most people recommend having approximately three to six months of living expenses in a conservatively invested, yet accessible savings account. The survey concludes about a third of adult Americans said they had unexpected expenses in the past year that they […]
Read More..>>Americans’ Savings Rate At Great Depression Levels
Posted on April 28, 2007 - Filed Under Saving | Leave a Comment
According to the U.S. Department of Commerce, Bureau of Economic Analysis the personal savings rate was a negative 1% for the year. During the Great Depression the savings rate was a negative 1.5% just to put things in perspective. The personal savings rate is calculated by subtracting personal spending from disposable personal income.
Read More..>>
