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Summertime is here, and now is a great time to take your family on a much needed summer vacation. However, not everyone has a large vacation fund that they can dip into every time they want to go somewhere new, but fear not, we’ve got some great tips to share!
1. Have a Huge...
After years of waiting, we’re getting the itch to buy a home. However, for most people, the process of beginning to thinking about buying a home to actually buying one is usually several years, largely because you need to get your finances in order and save for a hefty down payment.
Before you...
Published on Mar 08 2013
// TaxesPerhaps you were surprised to find that you would be receiving a gift from Uncle Sam in the form of a hefty tax return. Or maybe you planned it this way all along. So how do you spend your tax return now that you have it?
If you’re like most Americans, your first instinct is to take a trip to Vegas,...
We all know that social media is a great tool for connecting with others. However, even the savviest #hashtagger might not be using social networking to its fullest potential, especially when it comes to making and saving money. So, below we’ve included our top tips for using social media to improve...
Your credit history may not be in terrible shape, but if you have experienced a few problems here and there, you could find that lenders are taking a much tougher line.
Although the economy is technically out of recession, growth has not yet returned and the cautious stance taken by many banks and building...
Published on Oct 19 2012
// Banking
http://www.biblemoneymatters.com/find-a-better-bank-how-to-choose/
Interest rates are just about invisible these days. As a result, more people are going to greater lengths in order to find the highest interest rates they can on bank CDs. But is it a good use of time?
Not always. Here’s why I...
It’s never too early to start saving for a home. It is a process that takes time, determination and patience. Whether buying a house is in your immediate future, setting aside money now will help ensure you are ready when the time comes. Generally, you want to save about 20 percent of the selling price,...
Personal Capital is online personal finance software that allows you to organize all of your accounts and display them in one place. According to the website, you can manage your assets and plan for the future. I decided to sign up for a free account to find out what it was all about, and I’m writing...
Peer-to-peer (P2P) lending is definitely the most creative of the investing models, and I’ve recently become a huge fan of the movement. There are quite a few reasons to love P2P, and I’m going to break down my top five right here in this post.
#1 – You Can Cut Out the Middleman
P2P lending companies...
I’ve written quite a bit about the merits of Lending Club in the past because I love the idea of peer-to-peer (P2P) lending. However, I’m skeptical and scared to invest in anything but the most reputable of P2P lending platforms online. The two big dogs in the industry are Prosper and Lending...
You may need to transfer money between bank accounts if you have money in two different banks. There are several ways to do this beyond the obvious of driving to one bank, withdrawing the money and then depositing it at the other bank. Which way works best for you depends on how quickly you need...
If you write a check or pay a bill electronically from your checking account but do not have sufficient funds to cover that check, you will be charged a non-sufficient funds (NSF) fee which often ranges from $20 to $30, depending on your bank or credit union. In addition, the person you gave the bounced...
If you have had insufficient funds in your account or written several bad checks, chances are good that you have been reported to the ChexSystems. This system is used to keep track of customers with delinquent or mismanaged accounts, and all banks use the system. That means if you have a problem...
Currency conversion taxes are those taxes utilized in the financial sector for financial transactions as opposed to taxes on consumers for purchases and other consumables.
One of the currency conversion taxes is the Tobin tax, named for James Tobin who won the Nobel Memorial Prize in Economics in 1981....
With today’s economy and the increasing need to save money and be more financially stable, more and more people are looking for ways to cut expenses and build the bank account. It may seem like a difficult task, but saving money is really quite simple. Becoming aware of how you spend your money...
Mortgage lenders show their interest rates prominently, but they hardly ever illustrate exactly how these rates work. If you have a $200,000 mortgage for 30 years at, say, 7.5 percent interest, your monthly payment would be about $1,400. But the question is why the rate of interest if 7.5 percent? The...
