credit accounts

While traditional brick and mortar banks can be very convenient, they can rarely compete with the high interest rates offered by online high yield savings accounts. Personally, I think these online high interest accounts are the best place to stash your emergency fund and save up money for your short-term goals, such as, saving money [...]

As April 15 inches closer, many are beginning to get their tax documents together and prepare to file their tax returns. However, there are many who don’t have all their tax documents by the requisite time, or who want a little extra time to make some savvy tax moves for their 2009 returns. In such [...]

Whether you invest in the stock market or not, bank accounts are a vital investment and savings vehicle. No matter how much or little money you have, everyone needs to set aside money that is guaranteed to be there when you need it. …

iPhones are often criticized as expensive and ostentatious. Why buy a smart phone when you can make calls from a $10 pay as you go phone? It may seem like a waste of money, but used properly an iPhone can be a powerful tool in your personal finance arsenal. Here is just a small sampling of [...]

There are less than two months until Christmas — do you have a plan for holiday spending yet? Some people have already finished their holiday shopping. Others have been diligently saving all year long. Still others might be dreading the upcoming holiday season because of the cash outlay it usually involves. If you fall into [...]

It has been a while since I write about Lending Club. I haven’t written about peer-to-peer lending, because there hasn’t been much to write about except for the chance to win $2,500 from Lending Club. Otherwise, I am still an investor on both Prosper and Lending Club, and I continue to buy more notes when [...]

Just over two years ago, I started a personal finance blog called Moolanomy. Over the years, I poured my heart and soul into it, and it became the key to my life dreams. I have many dreams and amongst them: working full-time on web sites and moving my family to Northern Virginia. It so happened [...]

Some people think credit cards are evil — for example, famous debt reduction guru Dave Ramsey is completely against it. Some use their credit cards without giving it much thought. Personally, I think credit cards are financial tools that can be used to my advantage, but they must be used with caution. How about you?

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You may know that your credit report and credit score are important, but do you know why? And do you know how to improve them? Instead of giving you another boring list, here are 10 quick quiz questions to test your credit quotient. Write your answers down on a piece of paper and check them [...]

There’s no question that these are trying times. With car payments, house payments, credit card debt, and the cost of daily life, saving for the future can feel like an impossible task, but by harnessing the power of small, each of us can achieve whatever we set our minds to, one baby step at a [...]