Thumbnail image for The New Auto Game That’s Taking The Poor For A Ride

The New Auto Game That’s Taking The Poor For A Ride

October 31, 2011

In an ironic catch-22, many of the nation’s working poor need reliable transportation to get to work or search for a job. But with low salaries and often spotty credit histories obtaining an auto loan can be a nearly impossible challenge. A new breed of entrepreneur has stepped in to take advantage of such dire […]

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CBO Report: The Rich Get Even Richer

October 28, 2011

Telling us what we’ve probably already suspected, the Congressional Budget Office has released a new report revealing that the rich got much richer over the last three decades. The rest of America, however, hasn’t fared as well. According to the CBO, the top 1% of the wealthiest households saw their after-tax incomes rise 275% between […]

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Thumbnail image for President Obama Offers Much Needed Student Loan Relief

President Obama Offers Much Needed Student Loan Relief

October 26, 2011

Speaking to students today at the University of Colorado, President Obama unveiled plans to help students struggling with loan debt. The President’s plan would allow current students to cap their student loan payments at 10% of their discretionary income in 2012, two years earlier than originally proposed. Previously students were required to pay 15% of […]

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Jay-Z Joins Warren Buffett’s Quest To Teach Kid Entrepreneurs

October 19, 2011

(Video Plays After Commercial) Warren Buffett has always stressed the need to give back. The billionaire investor has pledged $3.25 billion dollars of his own wealth to charity. Now he’s looking to educate the next generation of entrepreneurs through a web based cartoon series called The Secret Millionaires Club. And trust me, this is no […]

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Thumbnail image for Why Bank of America Doesn’t Care If You Hate Their $5 Debit Card Fee

Why Bank of America Doesn’t Care If You Hate Their $5 Debit Card Fee

October 15, 2011

Recently Bank of America raised a firestorm after announcing it would start charging $5 a month for debit card users. Of course they understood they’d face a backlash of consumer resentment, but truth be told, they didn’t care. That’s right. They knew we’d holler, protest, and make a fuss. But in the end they calculated […]

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Thumbnail image for Let Your Light Shine – A Lesson From Steve Jobs

Let Your Light Shine – A Lesson From Steve Jobs

October 8, 2011

Earlier this year I came across this commencement speech by Steve Jobs on YouTube. It described brilliantly what made Jobs such a business sensation. His passing reminded of a song I once learned in Sunday school: This little light of mine I’m gonna let it shine. Let it shine, let it shine, let it shine. […]

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Money Tip: Make Your Credit Card Statement Your Best Friend

October 1, 2011

On Monday mornings NFL coaches around the league spend countless hours reviewing game film from the previous Sunday’s games. They understand that studying past performance is the surest way to guarantee future success. Every detail of every play is scrutinized. What mistakes did the players make? How could the defense have reacted better to audibles […]

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Thumbnail image for Conquer Your Financial Problems One Bite At a Time

Conquer Your Financial Problems One Bite At a Time

September 24, 2011

Sometimes it appears hopeless. Who has gotten tired of living paycheck to paycheck, avoiding creditor phone calls, or robbing Peter to pay Paul? Feeling overwhelmed is natural. It’s tempting to bury our heads in the sand, throw in the towel and resign ourselves to the fact that our situations will never change. But don’t let […]

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College in America

September 19, 2011

The folks over at Online Schools have created an interesting infographic on college costs in America. From their work we can conclude that college is definitely worth the investment. The median salaries of college graduates is between $41,000 and $50,916. Yet, it comes at a cost. The average college graduate leaves with a debt of […]

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Can You Be Stuck With a Relative’s Bad Debt?

September 16, 2011

Are you one of those people with fantasies about coming into a rich inheritance, which are similar to the following: a relatively you really don’t know passes away (after a long and fulfilling life, of course) and you are left with lots of money, riches, etc. that cause you never to work ever again, hire […]

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Thumbnail image for Potential Employers Looking to Cyber Detectives to Track Down Your Online Sins

Potential Employers Looking to Cyber Detectives to Track Down Your Online Sins

September 13, 2011

As if job hunters didn’t have enough to deal with in this tough economy, now comes the social media background check. That’s right, employers are increasingly checking social media footprints to weed out “questionable” employees. But firms are going beyond the simple Google or Facebook searches. They’re hiring companies to sniff out your digital bread […]

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Thumbnail image for What Christmas Shopping Reveals About Your Wealth Mindset

What Christmas Shopping Reveals About Your Wealth Mindset

September 10, 2011

The financially successful work with a different mindset. They don’t think or act like the rest of us. That’s why they’re not drowning in debt or living paycheck to paycheck. It’s said, for instance, that the financially successful think long term. They plan ahead. The rest of us? We plan day to day or week […]

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Thumbnail image for Lessons Learned From the Great Wealth Wipe-Out

Lessons Learned From the Great Wealth Wipe-Out

September 5, 2011

The recent foreclosure crisis sucked over 371 billion dollars of wealth from communities of color, and nearly 8% of African-Americans lost their homes. Here are four lessons new home buyers can take away from the mortgage meltdown that will prevent their home ownership dreams from going up in flames. Know Your Credit Worthiness If you […]

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5 Things You Should Never Charge On Your Credit Card

August 25, 2011

It’s tempting, that’s for sure. When faced with a huge expense, a credit card feels like a guaranteed fallback. Be careful of falling into that line of thinking, though. It can be more harmful than anything. Sure, there are reward programs falling out of the sky these days, and cash rebates, as well as the […]

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Don’t Fall Victim to Tax Related Identity Theft

August 11, 2011

We’re pleased to provide you with this guest post by personal finance expert Michael German. Last year, identity theft overtook credit card fraud as the most common type of fraud perpetrated in the U.S.  One type of identity theft that is growing significantly is tax related identity theft, which affected more than 350,000 taxpayers last […]

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Are You Being Pummeled By The Great Corporate Squeeze?

August 9, 2011

Does your boss own you? Is work sending your stress levels through the roof? Have your kids seen you so rarely that they’ve forgotten your name? Don’t worry, you’re not alone. We’re all being asked to do more, suffering under the weight of ever expanding job responsibilities. According to Mother Jones magazine, Americans have become […]

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How Brides and Grooms Can Slay The Money Demons That Threaten Marriage

July 25, 2011

Money conflicts can destroy the foundation of even the strongest of marriages. But according to Dr. Taffy Wagner, author of the new book Bride and Groom Money Talk FAQ, it doesn’t have to be this way. We had the chance to chat with Dr. Wagner and discuss how new couples can tame the money conflicts […]

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Fight the FEAR

July 23, 2011

FEAR It makes wimps of us all. It binds us into lives of desperate mediocrity. We know there could be more, there must be more. We could unleash our God given talents on the world, build our dream business, find a job we truly enjoy, or give back in ways we’ve only begun to imagine. […]

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I Feel Guilty Over Borders Closing, But Won’t Be Suckered By Their Liquidation Sales

July 20, 2011

Well Borders is going out of business and I must admit…. I feel a little bit responsible. You see, I treated Borders as my very own personal library, all be it a library with a built-in cafe. It was a wonderful place to study, meet friends, or read magazines as I sipped on my Seattle’s […]

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Success Is Not An Accident

July 18, 2011

It’s a simple fact of life. The best way to achieve success is by learning from those who’ve already done it. In business, sports, and finances the Michael Jordan’s, Oprah’s, Warren Buffett’s, and Steve Job’s of the world have already given us templates for success. That’s why I find this video of Will Smith, one […]

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