Overdraft Fees: What Are They and How Can You Avoid Them?

ways to send money

Have you ever been hit with an overdraft fee? That could be one of the most infuriating things to happen to you on a given day. It’s led many to start questioning the point and even the morality of charging someone money for not having enough money. Where is the sense in that? But it […]

Thisthatandthemba.com, this that and the mba, bathroom, ways to save, cut costs

From My Frugal Side: 5 ways to cut costs in the bathroom

I don’t know where this one came from.  I was sitting there yesterday thinking (not thinking in the bathroom) and I started rattling off ways to save some money in the bathroom.  These ideas are not going to require any major design changes to your bathroom.  Sure you look at the picture above and think where can I possibly save any money.  The bathroom is probably one of the most frequented locations in the house and these simple changes can add up over the year. Water Saver – add a water saving showerhead to your shower and this can cut up to 33% of your water consumption.  We added one of these to our rental unit and our unit and instantly began to notice our consumption go down.  With … [Read More...]

Week 5 Recap: A Month in and I am here to stay for the long haul!

Well here it is the Five For Friday.  Another week has come and gone and we continue to pump out the articles.  It has had its share of ups and downs over there past month and a half, from late nights to early mornings.  A lot of great comments and plenty of feedback received via email.  Thank you and keep those suggestions coming.  I really appreciate it.  Here is what I have been reading this past week that has really kept my interest and even provoked some commenting.  Homeownership may not be for everyone but here are some lessons learned.  Take a look at what Robert at My Multiple Incomes has to say.  I just found this blog this week and it is great a must read! A great blog that … [Read More...]

Peyton Manning, Peyton, Manning, Compounding, compound interest, analysis

The Peyton Manning Story: A few days short of that big bonus!

Peyton Manning – Franchise Quarterback of the Indianapolis Colts is a free agent.  I am not a regular follower of football but I have heard who this gent is.  Potentially the best quarterback to ever play in Indy or maybe best quarterback ever in all of football.  This article isn’t going to talk about all those statistics that he has amassed, but we really could because finance covers stats and various ratios.  If he was on the roster at the start of the league year he was to be owed $28 million dollars as a bonus.  Did you hear that right, a BONUS!!! I don’t know if you have been over to see J. Money at Budgets Are Sexy.  If you are over there check out his Million Dollar Club and … [Read More...]

Monopoly, interest rate, interest rates, adjustable rate mortgage, arm, fixed rate mortgage, vha

What to do Wednesday in Personal Finance? Is the Adjustable Rate Mortgage becoming extinct?

I was reading an article last week that made the motion that adjustable rate mortgages (ARM) are dying.  For starters, adjustable rate mortgages are loans where the interest rate changes periodically.  Generally they are a good option when you are buying a house and the prevailing fixed rate mortgages rates are high. This notion did not surprise me because interest rates are at historic lows for fixed rate mortgages.  You would be silly not to lock in a mortgage at these rates now, the interest rates are likely not going to get any lower than they are in your life time.  Listen they are at rock bottom now, I was having a water cooler discussion at work just looking for a consensus with my … [Read More...]

Part 1 of the Retirement Roundtable: What is a 401k, and why is it all over this material HR gave me?

We just graduated college and just got our first real job.  Great! Congratulations! Now what?  As we make our way through our first few weeks on the new job we are bombarded with emails, packets of information on everything under the sun from employee discounts to the dreaded RETIREMENT word, eeek.  Well you stumbled across the right website to point you in the right direction.  I will have you sipping those dirty martinis out at the beach house enjoying the afternoon rays. You are set up at your desk and looking around at the mountain of paperwork that HR has given you.  I need you to look through everything for the packet that says 401k!  Great you found it.  Take a deep breath I know … [Read More...]

The 3 C’s to Car Buying

Do you buy a new car for looks or based on what you can afford?  Hopefully this will help you. I have noticed many friends buying cars that are way out of their price range and struggling to make the payments.  Ever heard of the saying “house poor” well that is them except it is a car Cost There are many sites that you can go out on to find the true cost of ownership of the vehicle.  There are a lot of factors other than just the price of the vehicle that you need to be concerned with.  The one that I like is Edmunds True Cost to Own.  Consider insurance, the insurance premiums on your new ride may cost more than your old clunker.  There are many factors that go into determining this … [Read More...]