market interest rates

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 [...]

I believe that cash flow is one of the most powerful concepts in personal finance. People tends to know how they feel about their personal finance — e.g., whether they are comfortable or are struggling. Unfortunately, not too many people truly understand cash flow and how important it is to your finances. When you understand [...]

The following is a list of top online banks that offers high yield savings account, high interest savings account, or high yield money market account. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive nominal return on investment. For March 2010, the average interest rate [...]

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. …

If you’re a savvy investor, you most certainly have a fair bit of cash tucked away for general spending and emergencies. The stock market is a long term investment and if 2009 taught us anything, it was to not have money you need to spend in the stock market. So where do you put the [...]

During college, I stayed close to campus every summer in order to work. Plus, I liked living on my own. The second summer I stayed, I got a job as a waitress and rented a room in a house to get me by until the new school year, when I would have a free room [...]

It’s easy to be down in the dumps these days. The economy is bad, and may or may not be improving. Unemployment remains high, savings account interest rates low, and the stock market shaky. It’s getting colder outside, which some people (ok, me!) may hate. And yet, there is much to be thankful for. If [...]

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, [...]

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 [...]

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 [...]