From the category archives:
I call it pre-coffee ergophobia. It’s that 30 minute window between the time the coffee begins brewing until the time when the coffee has fully stimulated all of the neurons in your brain. During that time, you’re awake but still fearful of doing any type of work which might require brainpower. It’s also the time [...]
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Banks and Credit cards are really pushing hard for us to opt-in for overdraft and over-the-limit protection. Before the recent CARD laws were passed, these “services” were the default on most accounts. Now, financial institutions are encouraging us to opt-in. My answer? Thanks…but, NO THANKS! Here is an email I just received. Of course, it [...]
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Personal Finance Journey is a partner in GRABBBR, that is Giveaway Reaching All Bible Based Blog Readers. This is my featured GRABBBR blog post. By leaving a comment on this post, you will gain 5 ENTRY POINTS and may win cash or prizes. Discussion is encouraged! However, only 1 comment per person will be counted [...]
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It is so important to watch those bank accounts, especially if you have any accounts that you don’t use that often! Here’s the story: Part of my car insurance claim from April’s accident includes tax and title reimbursement on a new vehicle purchase. Since this check came after I moved, I had to relay my [...]
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This is a guest post from Adam Gibson, author of Accrued Interest, a popular financial world blog. Check out Accrued Interest for the latest on the bond market, treasuries, mortgages and other financial news. With World War II still raging, the U.S. government created a unique home lending program to help spur home ownership among [...]
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According to CNW Marketing Research, 70.5 percent of people finance their cars. Those with higher interest rates, longer loan terms (60 months or more), and little to no down payment may find themselves in a situation where they are underwater with their vehicle. In other words, more is owed on the vehicle than it is [...]
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OK friends, here’s the deal, my financial journey is taking one of those unexpected sharp turns. I was rear ended by a drunk driver on Friday night and my car is going to be totaled. Fortunately, I have all the right types of insurance (uninsured motorist & GAP) so my out of pocket expenses should [...]
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A couple weeks ago, I wrote about the upcoming FHA loan insurer increase. While the premiums have increased, an FHA insured loan is still a good option for home buyers. However, if you qualify, there is a better option. The VA loan is a mortgage loan backed by the U.S. Department of Veteran Affairs. The [...]
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A couple days ago, I wrote about the quickly approaching expiration of the Homebuyer’s tax credit. If you were already looking to buy, it’s a great incentive. However, there is bad news on the horizon for the approximately 30% of buyers that will receive FHA-insured mortgages. The costs of an FHA loan are slated to [...]
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Back in 2004, a co-worker came in excited about this new bank account he has set up. He was ranting and raving about the great interest rates and if I wanted to open an account they would give me $25 reward and he would get a $10 bonus. Sounded like a good deal to me. [...]
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While I appreciate the Internet and all the convenience it has to offer; I am not ready to set my payments on autopilot. Automatic payments are offered by most companies you would owe money to (utilities, debtors, etc). When you set up an auto payment, you give the receiving company your bank account information and [...]
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Would you pay $36 for a cup of coffee? Of course not, but that is what runs the risk of happening if your account becomes overdrawn. Banks and credit unions are charging between $20 and $35 for the “convenience” of allowing you to overdraft. high fees mean that someone who overdraws their account at the [...]
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Overdraft fees are the amount you pay for the “courtesy” of the bank allowing your payment to go through when the funds were not available in your account to cover the payment. If gone unnoticed, these fees can rack up very fast. At an average of $30 per transaction, 4 transactions could result in $120 [...]
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