Moolanomy Personal Finance

credit card

A credit card represents an unsecured loan. You are borrowing money. If you pay off a credit card balance each month, it is an interest free loan. If you spend money you don't have and carry a balance, fees and interest start to add up -- putting you into financial trouble.

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thumb 9 Great Personal Finance Articles to Start Your September

It’s unbelievable that August is over and September is upon us already. Next thing you know, it will be Christmas! To kick off the last trimester of the year, I’ve scoured the blogosphere to bring you some interesting personal finance articles from around the web. Check out these articles at your leisure and enjoy. Are [...]

thumb How to Support a Family on a Single Income

I often get asked the question – “How can my family live comfortably off of a single income?”. In my response, I always let people know that it is possible and is not that hard. My wife and I have chosen to support our family on one income (by me) and have her stay at [...]

National Money Night Talk: Money Tips for Teen Giveaway

Families around the country are encouraged to sit down and talk about money and financial responsibility on September 16, 2010 in honor of National Money Night Talk. In a joint effort by American Express and Jean Chatzky, parents can visit www.moneynighttalk.com to make a pledge and get prepared to have “the money talk” with their [...]

thumb Should You Live at Home While Attending College?

One of the biggest decisions that college freshmen need to make is whether or not to live at home while attending college. If your university is far away from your home town, the decision is a pretty easy one, since you don’t have much choice. However, if you are attending school within an hour of [...]

thumb 4 Ways to Flex Your Credit Muscles

Credit scores are all the rage these days. Granted, they are important to your finances. But where do they come from? How are they calculated? Who’s the scorekeeper? There are a lot of questions about credit, which is why I’m talking credit today. I’m not going to talk just about credit tips, but instead I [...]

Summer Promotions And Personal Finance Reading List

Over the past few weeks there has been some good promotions in the personal finance space that I would like to gather in one place for your convenience. If you’re thinking about trying out one or more of these services, this is a good time to give it a go. Here are some of the [...]

How To Get The Most Bang For Your College Buck

There are two fundamentally different ways to approach a college experience. The first is to use your time at school for self-discovery, taking varied classes and studying subjects that allow you to grow spiritually and philosophically, such as art, music and philosophy. The second way to approach college is to see the money you spend [...]

thumb 7 Secrets to Smart Shopping on the Web

I’ll admit it – I’m a shopping addict. But the last place you’ll see me, if I can help it, is at a shopping mall or retail store. I’m an online shopper and greatly prefer it for its convenience, ability to provide endless options and the freedom it allows me to browse and comparison shop. [...]

thumb 5 Tips for Choosing Your First Credit Card

One of life’s rites of passage — whether right or wrong — is getting that first credit card. When used properly, a credit card can help you create a good credit history that will serve you well when it comes time to buy a car or a home. When used irresponsibly, though, credit cards can [...]

thumb Your Income Is Your Greatest Wealth Building Asset

For those of us who like to read (and write) information on personal finance subjects, we spend energy on a wide range of wealth building strategies.  Too often we ignore the concept of making money because we feel it’s something outside our control.  After all, our employer pays us, we don’t pay ourselves, right?  The [...]

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