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Posted in Saving Money , Savings Account

Men want women and women want money. That’s a fact of life, or at least what most people are led to believe. Though the notion seems archaic, influences in media, entertainment and marketing machines oh-so-subtly suggest and continue to reinforce the idea that the common bond between most men and women comes down to a few dollar signs. So how accurate is this characterization of gender money matters?

I’m Not Saying She’s a Gold Digger, But… What Women Really Want In a Man (and His Wallet)

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Posted in Filing Taxes , Tax , Tax Credits , Tax Deductions

2011-clock

It’s already the end of the year (where did the time go, right?), which means it’s also time to put together some year-end tax strategies that will help place you in a good financial position for when it’s time to file for the 2010 tax year. There are so many considerations, including how your taxes will be affected if Bush tax cuts expire on Dec. 31, 2010. That’s why it’s good to do your tax planning now.

To help you get started, we will first look at some general year-end tax strategies that would apply according to current tax standards. Then we can zero in on how your taxes might be affected (and what strategies you could consider) if the Bush cuts actually do expire. End-of-Year Tax Planning (With and Without Bush Tax Cuts)

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Posted in Credit Card Rates , Economy , Financial News , Mastercard , Visa

julian-assangeImage: fieldsy.org via Flickr

The controversy revolving around international media site Wikileaks is escalating quickly as supporters sent a shot across the bow to Mastercard, successfully taking down the credit card company’s website. The cyber attack was a direct retaliation of the credit card company refusing to process donations to Wikileaks. However, Mastercard isn’t alone. The “hacktivists,” operating under the group label “Anonymous,” also targeted transaction processing site Paypal just a few days prior for the same reasons. Wikileaks Supporters Take Down Mastercard: Economic Impact of Hackers and Cyber Attacks

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Posted in Credit Card Rates

rewards-credit-card

This article was written by Odysseas Papadimitriou, CEO and Founder of Card Hub, an online marketplace for credit card applications.

If you are looking to acquire a rewards credit card, you must realize that not every option within this credit card category is created equal, at least not for each individual user. In fact, there are intricacies within this card type that can make or break the overall benefit one garners from the use of such a card. The first thing that you must understand about rewards credit cards is that they are broken into two primary groupings: Points/miles and cash back. Credit Card Points, Miles or Cash Back: Which Option Is the Most Rewarding?

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Posted in 401k , Retirement

401k-theft
You may not have heard much about 401(k) theft, but it happens–not the kind where employees take money from their own accounts illegally, either. This is a different type of theft–one that results in an employer stealing money from your retirement plan.

Many people believe their employer has their best interests at heart, but in a cash-strapped economy, everyone is trying to get their hands on free money and people can become desperate. If you don’t want to lose the funds you’ve worked for years to save, learn about this type of theft and the 401(k) protection that’s available to keep it from happening to you. Reverse 401(k) Theft: What to Do If Your Boss Steals from You

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Posted in Budget , Saving Money , Savings Account

Do you set a budget for the holidays but wind up going into the red every year? It’s a common problem and one that many of us share. In fact, the average American spends about $700 on gifts during the holidays and that’s not including décor, food, gift wrap and other expenses. 4 Ways to Cut the Fat from Your Holiday Spending (Video)

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Posted in Entertainment Finance , Investments

michael-jacksonThere’s nothing more amazing then watching celebrities who died years or even decades ago continue to earn money. If we could only do half in life of what they do in death, we could be millionaires! Of course, for most, it was the financial choices made before they died that helped to keep them rich after they’ve passed on.

Let’s explore what you could do to keep earning money even after you no longer need it just like them: 5 Ways to Make Postmortem Money: Lessons from Dead Celebrities Who Still Earn More than You

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Posted in Debt , Fraud

sarah_fergusonPhoto courtesy of Klem via Wikimedia Commons

This guest post is brought to you by The Digerati Life, a general personal finance blog. What You Could Learn from Fergie’s Money Mistakes

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Posted in Economy , Financial News

Soccerball

The economic and cultural impact of hosting a FIFA World Cup is significant for any nation, even one as developed as the United States. Aside from creating new jobs and generating billions of dollars in revenue for the lucky cities, hosting the quadrennial event also propels the metropolitan destinations into the global spotlight, making them a prime location for tourism and industry.

So when the U.S. was passed over for the 2018 and 2022 World Cup bids–which went to Russia and Qatar, respectively–it certainly stung. Given that Chicago was passed over not too long ago as a potential host for the 2016 Olympics, the U.S. has now scored nil on three tries as a suitor for major international sporting events. But despite the ego check, what exactly is the U.S. losing out on in terms of economic impact? Did Losing the World Cup Hurt the U.S. Economy?

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Posted in Saving Money , Savings Account

What if I were to tell you that you can get $8 for every $1 that you save? Would you be interested? Of course you would. You’d be crazy not to be. So it’s odd that more people aren’t taking advantage of the special savings accounts known as Individual Development Accounts provided by some government, non-profit and financial organizations to promote savings within low-income communities.

However, before you start seeing dollar signs in your eyes, understand that most IDA programs offer a one-to-one to three-to-one match for every dollar you save, which is more than generous, but there is a catch before you can take advantage of those benefits. Even those requirements are designed to help you achieve your financial goals, though. IDAs sound almost too good to be true, right? Get Paid to Save Money With an Individual Development Account

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Best Banking Rates

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Ally Bank
Ally Bank Open Account with Ally Bank
1.15%
Date: Feb 6, 2012
2-Year CD Rate
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G.I.C. Credit Union 2 Year CD Account
2.25%
Date: Feb 8, 2012
Self Reliance (Ny) Credit Union 2 Year CD Account
2.07%
Date: Feb 1, 2012
Houston Police Credit Union Savings Account
2.02%
Date: Feb 10, 2012
Pentucket Bank 2 Year CD Account
1.41% to
1.30%
Date: Feb 10, 2012
Houston Police Credit Union 2 Year CD Account
1.34% to
1.29%
Date: Feb 10, 2012
Houston Police Credit Union 12 Month CD Account
1.26% to
1.25%
Date: Feb 10, 2012
 
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