RSSArchive for February, 2010

Credit Card and Debit Cards No Longer Have Automatic Overdraft and Over Limit Protection

Credit Card and Debit Cards No Longer Have Automatic Overdraft and Over Limit Protection

New Credit Card Law Puts a Hold on Over Limit Charges As you have probably heard by now, the CARD Act takes effect on February 22nd. Many of these changes are part of the law, but a lot of banks are also making voluntary changes to their programs. There are a lot of changes to [...]

Friday Finance Findings for February 19th

Friday Finance Findings for February 19th

This week I wanted to kick off the Friday Finance Findings with a few fun pieces of trivia about money. China was the first country to use paper money. Ancient paper money can be traced back to the Pai-Lu P’i-pi (white deer-skin money) of Han Dynasty (140 BC) and the Fei-Chien (flying money) of Tang [...]

Couples and Money: Learn How to Stop Fighting Over Your Finances in Marriage

Couples and Money: Learn How to Stop Fighting Over Your Finances in Marriage

Married Couples Spend a Lot of Time Fighting About Money Apart from sex, money is one of the leading causes of stress in a marriage. When couples fight about money it’s not only bad for the marriage, but it can also lead to bigger financial problems as well. One of the problems is that one [...]

The 401k Loan: How to Borrow Money From Your Retirement Plan and What You Need to Know

The 401k Loan: How to Borrow Money From Your Retirement Plan and What You Need to Know

The 401k Loan May Have Benefits, but it Isn’t Without Pitfalls Roughly 75% of 401(k) plans have a loan provision. This is good news for participants who find themselves in a bind and need quick access to some cash, but it also potentially puts a lot of retirement nest eggs at risk. In fact, about [...]