closure

Many Americans find themselves in quite the situation financially these days.  Their situation is nothing short of bondage.  They are completely trapped because of years of borrowing money to finance a lifestyle that was unattainable without debt.  They aren’t the only guilty party.  The government has encouraged it and the banking system was more than [...]

A computer these days is almost a necessity for everyone, and an expensive necessity at that. Whether for fun or for work, it is not uncommon to see multiple computers in a household. More and more people are even purchasing laptops for their size and convenience. Purchasing a computer can be tricky and intimidating with [...]

Last week, when the President signs the expanded aid package, my husband and I (and many others) breathe a collective sigh of relief. The expanded aid package includes a seven month extension of the First Time Home Buyer Credit. While many people do not support the extension, I am grateful for it. Granted, my position [...]

Due to the credit crisis and recession, there are a lot of houses for sale. Homeowners who are trying to avoid foreclosure are selling many of these homes. Needless to say, it’s a buyer’s market and homeowners need to know all the tricks to help them sell their homes quickly. Fortunately, there are proven techniques [...]

I began investing in single family homes with a good friend and business partner about 4 years ago. In that time, we’ve purchases and remodeled 5 single family homes, all of which are rented by reasonably reliable tenants. Over that time we’ve learned a thing or two about investing in real estate. In this article, [...]

Bad economy and high unemployment means there are a lot of families facing financial crisis and possibly home foreclosure. Making Home Affordable refinancing and loan modification program is helping, but unfortunately, not everyone is eligible. This crisis creates opportunities for scammers who promise to stop foreclosure are out to make a quick buck. And this [...]

I have been a Discover customer since 1996 — right out of college — and for good reason. I believe that Discover is one of the very few financial institutions that put their customers first and continue to innovate. As of today, Discover Bank announced their Penalty-Free 12 Month CD. Despite the added feature, the [...]

This is an early edition of my weekly highlights, as I am getting ready to head out for a road trip vacation. Next week, I’ll be featuring a few guest articles from various personal finance bloggers.
Highlights
This week Moolanomy was mentioned in the Examiner.com in P2P Followup: Growing up is hard to do by Barbara Bryn [...]

How do you find a good home lender? How to find the best mortgage rates? These are some of the questions that popped up in Moolanomy Answers a few times. This is probably a good time to buy a house or refinance your existing mortgage, because interest rates are low and the housing market continues [...]

When I was a little boy, my dad told me that I’ll never be poor if I avoid 3 habits. These three habits are drug use, gambling, and overspending. He calls them wealth banes. As an adult, I have to agree with him. If your life is mired in any of these, your finances will [...]