From the category archives:

Banking

How Knowing the Right People Can Improve Your Commercial Banking

The advantages of your Commercial Banking can be skewed towards you if you know the right people in the banking sector. Like in all business today networking is not just a buzzword but a real way to get things moving as per your desire, and getting to know news before they hit the stands. Information […]

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Who Do You Need to Know at Your Bank

by Heidi on October 6, 2013

Knowing the people at your bank

Doing business with the bank is a real chore for most people, especially those who just want to see results without having to deal with all the bureaucracy that it entails. Most people wish to have short encounters with the bank especially businessmen who spend a lot of time worrying about their investments but who […]

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what do interest rates mean

There are many ways that people and institutions give interest rate definitions, mostly depending on their field of interest, but the long and short of it is that interest rate is what a borrower suffers in comparison to the capital attained. What the borrower suffers is ideally what the lender is foregoing in order to […]

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Accounting advice

When you’re starting up a new business, taking care of your accounts can seem like a daunting task. You’re aware that it’s an extremely important aspect of your business and that getting this part wrong could lead to major problems and the potential failure of your company. Being organised with your accounts can dramatically reduce […]

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Peer to Peer lending

Payday Loan Alternatives If you need to borrow money, for whatever the reason, there are a lot of payday loan alternatives that you should consider when borrowing.  Payday loans are typically very short term loans, so depending on your needs and situation, there may be better lending alternatives out there for you. Peer to Peer […]

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When many people think of corporate finance, they probably think about their own personal finance on steroids.  For example, instead of paying monthly bills like a mortgage, corporations have to make thousands of different payments per day, to hundreds of different companies.  Or instead of just having a saving account, corporations have huge savings accounts […]

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no money down mortgages

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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Rank my Banks

by Mike on July 9, 2010

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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Ugh Overdraft!

by Mike on July 2, 2010

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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Finding your benefits with a VA Loan

by Mike on June 16, 2010

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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The Difference between VA and FHA loans

by Mike on April 19, 2010

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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FHA Insured Loan Costs to Increase

by Mike on April 2, 2010

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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My Experience with ING Direct

by Mike on March 22, 2010

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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Automated Payments vs Online Bill Pay

by Mike on February 17, 2010

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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How to Get Overdraft Fees Refunded

by Mike on February 8, 2010

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 […]

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7 Ways to Prevent Bank Overdraft Fees

by Mike on January 25, 2010

7 Ways to Prevent Bank Overdraft Fees

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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