How Long Do You Have To Live In A Home To Justify Buying It?
I recently heard an interesting discussion on Dave Ramsey’s radio show about the length of time you need to live in a home in order for it to make sense going through the process and expense of purchasing it. It’s a rare occasion that I disagree with Dave Ramsey, but in this instance, I [...]
Why The First Time Home Buyer Credit Is Terrible For The Economy
The first-time home buyer tax credit extension cleared a hurdle in the Senate today with a 98-0 vote, and it could be a done deal if approved by the House this week. All over the U.S., there is an increasingly heated argument over the benefits of the First Time Home Buyers Credit and this extension. [...]
Market Timing Versus Market Awareness
Most financial advisors will recommend against any attempts to time the market. It can’t be done, they will tell you, and I agree. Timing the market or specifically identifying market tops or bottoms as opportunities to buy or sell is usually a futile effort. What financial advisors fail to tell you, however, is that market [...]
Reverse mortgages are one way senior homeowners who are 62 years and older may be able to tap the home equity. A reverse mortgage gives the homeowner money they need without having to leave the house and without having to repay the loan until the owner dies, the home is sold, or the house is [...]
Weekly Highlights: January 23, 2009
Last week, Moolanomy’s Extra Income Guide was featured as part of the 25 most helpful articles written by PF bloggers, and it was also part of the Free Money Finance March Madness, Round 1, Posts 1-4 competition. Thank you Bob and FMF. It’s an honor to be included in the list and be part of [...]
Weekend Highlights, December 21, 2008
Christmas is quickly approaching and some of you may already be on your way to visit your family. I just want to wish every one a safe journey to your destination and back home.
Giveaways
To celebrate the Holidays, several PF bloggers are hosting giveaways this week. Here is a list of them according to the deadline:
Epson [...]
Weekend Highlights, December 14, 2008
This week Moolanomy feed was transferred from FeedBurner to Google, and there was some problems. The results? I had to burn a new feed, the subscribers count is down to 570, and I lost all email subscribers in the process. Darn. If you wants to get free daily email updates, you’ll have to go through [...]
9 Year-End Money Moves
This article is part of an M-Network group writing project, the 12 Days of Christmas – Personal Finance Style. As the project moves through its days, I will be adding each article at the bottom of this post. We’ll be posting from December 1st to December 12th.
The year is quickly coming to an end, and [...]
6 Ways To Give
This article is part of an M-Network group writing project, the 12 Days of Christmas – Personal Finance Style. As the project moves through its days, I will be adding each article at the bottom of this post. We’ll be posting from December 1st to December 12th.
I know it’s tough to think about giving when [...]
Now that we know Obama is the next president, we can evaluate his proposal regarding 401k plan more closely. If you recall from my last article, I didn’t like his proposal that would allow people to early withdraw from their retirement funds — i.e., 401k and IRA — without penalty (McCain’s plan was even worse). [...]
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.60% |
| High Yield Checking Accounts | 1.46% |
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 12 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |