Would You Use Real Money to Buy Virtual Products?
I recently read an article in The New York Times (hat tip for bringing it to my attention: MAPping Company Success) about the increasing trend of using real money to pay for virtual goods. The article also addresses the rise of credit, via a company called Kwedit.com, to pay for virtual purchases online. This article [...]
Investing in Gold: A Case for Why You Should Buy Gold Now
Given recent economic news, more and more investors are turning to gold as a way to preserve the value of their financial portfolio. Gold has traditionally been considered a safe haven for investment, since it tends to maintain its value during times of economic crisis and upheaval. Gold is an especially good hedge against inflation [...]
Top 10 Financial Blogs To Follow In 2010 By Category
Today, I’d like to share with everyone blogs that I read and think you should check out. For each blog, I will provide details on what is great about it so that you can understand better which blogs might be best for you. I hope that the following blog recommendations will help you find additional [...]
21 Gadgets Which Actually Save You Money
We are inevitably going to be divided into two groups — the people who can’t live without their gadgets, and those who believe that the saturation of gadgets in our everyday lives has simply made things more complicated. However, we can all agree that there is a place in our lives for the gadgets which [...]
Forex Trading Basics and How It Works
Forex trading is becoming more popular in the recent years due in part to the fact that it is more accessible to the general public. It used to be that the currency market was the province of institutions and the wealthy, but technology and other factors have made forex investing, like other types of investing, [...]
I’m a firm believer that your 20s is the most important decade of your life financially. This was a driving reason on why I chose to start my blog 20smoney.com. This is a crucial decade; unfortunately, it is often the most abused decade as well. Rather than saving, investing, and building a career, many 20-somethings [...]
Even Good Debt Can Be Bad
One of the debates that goes on in the personal finance world revolves around the concept of whether or not some debt can be good. It is true that some debt (like a home mortgage) is viewed more favorably on your credit report than other debt (like a car loan). But, in practice, you are [...]
Best of Money Carnival #18
Welcome to the Best of Money Carnival, a weekly listing of the top 10 personal finance posts. The carnival gathers submissions from some of the best personal finance and investing bloggers on the web, and permits the hosting blogger the privilege of choosing his or her top ten favorite articles. Below are the ones I [...]
Kiplinger’s Best Credit Cards For The Way You Spend
Kiplinger recently listed their favorite credit cards, from the lowest interest rate credit card to those that give you various types of rewards toward your mortgage, college savings, investment, and trip.
Photo by Classyshot via Flickr
Here are their top 7 credit cards:
Bank of America Upromise World MasterCard – Deposits a 1% rebate in your Upromise account. [...]
The Difference Between The Multiply-By-25 Rule And The 4-Percent Rule
There are two rules often cited by investors that sound similar but that in fact make very different claims. In this article, I’ll describe the differences between the two rules — the Multiply-by-25 Rule and the 4-Percent Rule.
The Multiply-by-25 Rule
The purpose of The Multiply-by-25 Rule is to tell an investor how much he needs to [...]
| 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% |