Archive for the ‘Financial Glossary’ Category

How to Save Money on Road Trips

June 14th, 2011 Travis Brown

I’m a big fan of the road trip. Whether we’re just going up to my parents’ for a couple of days, or planning something more substantial, I just like being on the road. It’s fun to see new things, and visit interesting places. However, with rising gas prices, hotel costs and the expenses associated with eating out while on the road, the cost of a road trip can quickly add up. And that doesn’t include admissions to some of the attractions you might want to visit along the way.

Of course, like so many other things in life, you can save a little money if you do some planning. If you have a general idea of your route, and what you would like to do, you can create a plan that will cost a little less than you might think. Here are some general ideas for saving money on your next road trip:

Look for Discounts

The first thing you should do is look for discounts. If you will be going through a major city, CityPASS is a great option. You can save money on a number of different attractions in different cities with the help of a city pass — and you get to skip ticket lines in some cases. (This worke Read all post…

Tags: Road, Road Trips

Citi Credit Card Data Hacked

June 13th, 2011 Travis Brown

Last week, while I was away on vacation, I received a call from Citibank about my credit card. Since I wasnt keeping up to date on the latest financial news and gossip, I wasnt aware that Citi had been hacked. Normally, when systems get hacked like this, Ive dodged the bullet. This time, I wasnt so lucky because my Citi mtvU card was a victim, part of the lucky 1% of North American credit card holders. While on the phone with Citi, they agreed to ship out a new card to me as soon as possible, which is standard procedure.

What gets a little annoying is that replacing a card, especially one so intertwined in my financial network map is time better spent elsewhere. This does, however, force me to update my map to reflect its current state something Id been too lazy to do. Thankfully, due to my desire to simplify our finances, the updated map has fewer lines on it.

Whats not cool is how Citi allegedly knew about the hack for weeks before going public.

Tags: Card, credit card

Financial Planning & Investment

June 8th, 2011 admin

There are certain factors or basics of investment that one needs to know before making any kind of financial planning and investment. It all involves proper management and appropriate selection so that you may accomplish your financial goals. In order to start with proper planning, the first major step is towards setting your goals. It may be a short term goal involving setting aside money for the near future to buy something or it may be a long term goal that will help you survive after retirement. Your goals will then specifically decide the strategy and method of financial investment and planning.

Short term goals depend on two factors: safety and liquidity. Bank CDs, fixed deposits, savings accounts, money market mutual funds, and short term bond funds are various forms of short term investment to set aside a desired amount of your money for a fixed amount of time meant specifically for short term goals.

Long term financial planning in most cases is done with the motive of saving money, post retirement. Read all post…

Tags: Financial Planning

What to do when your debts are beyond your control?

May 18th, 2011 admin

With innovations such as plastic or credit card the idea of lifestyle has been revolutionized. Whether a luxury Swiss watch or antique vase, you are able to buy anything to your pleasure. With these costs it will definitely increase your debt. After a period of time you understand that your debts are beyond your control, so you need to use a reliable debt relief service.

During your search for debt relief or other related information about debt consolidation loans, take some time to view the information described below. It offers a refreshing enough knowledge of the debt relief you need. After going through it you will be better informed about all possible debt solutions.

Debt consolidation is largely a fusion of all your existing debts to one lower monthly payment. At first, you should evaluate your arrears and the rate of interest payable to banks. Then you should really know exactly how much the amount you are able to afford simply to meet monthly payments after meeting current expenditure. Read all post…

Tags: debt relief

Are Banks Failing Less Often?

May 16th, 2011 Travis Brown

It’s not looking good.

As of this past Friday, 123 banks have failed through the first twenty weeks of the year (they release data on Mondays, so I counted weeks by the number of Mondays in 2011). We’re on pace for around 319-320 bank failures this year.

The number of failures isn’t everything though. Fortunately, despite the frequency, the size of these failures is much smaller. Most of the banks had less than or around $300 million assets with just a few in excess of a few billion (two – United Western Bank in Colorado and Superior Bank in Alabama). It’s the smaller guys going under, which doesn’t make for interesting news on a national scale, but they’re still going.

That said, don’t be concerned that your bank is going to fail. The FDIC has your back.

Tags: Banks, Banks Failing

Your Take: Have You Cut Back On Spending?

May 15th, 2011 Travis Brown

When the economic crisis hit, a lot of people cut back on their discretionary spending. Whether it was to bolster their emergency fund or just a gut reaction to a pretty ugly time, it was a sign that America’s hunger for credit and debt wasn’t insatiable. There was talk about new frugality and of a new normal, but I’m wondering how much of that stuck?

Debtor Finance has been one of the fastest growing forms of cashflow finance Australia over the last 10 years and Liberty Financial provide you with the best debtor finance solutions.

Personally, I know that we live a pretty “financially lean” lifestyle because we are frugal by nature. The things we splurge on are few and far between (though they are splurges, since things like traveling are by nature somewhat more expensive) but one thing we did change a few years ago had to do with eating out. We used t Read all post…

Tags: Cashflow Finance, Spending
Page 10 of 23« First...89101112...20...Last »