Refinancing when interest rates are low may seem like a no-brainer, but some homeowners should think twice before changing their mortgage.
So is it a myth? Can you demagnetize the little black strip on your credit card just by carrying it around with other cards?
Compound interest is neither inherently good nor bad and how it affects you depends on the situation.
Mortgage rates have fallen close to the all-time lows set in January, so what are the best options right now?
Maybe you’re tempted by the big incentives out there. Maybe your old ride is on its last legs. Whatever the motivation is, if you’re thinking about buying a new car, you’ve probably considered this question: should you buy or lease your next vehicle?
With the recession still going strong, it's increasingly important to stay flexible with your available cash. At times like this, you may be better off paying only the minimum on your credit card, and not a single cent more.
With all the attention on foreclosures and “underwater” mortgages, it’s easy to forget that millions of Americans have owned their homes long enough to have substantial equity. It’s still possible for many to tap that wealth through a home-equity loan.
Investors often confuse money market accounts and money market funds for obvious reasons. These two investments have some similarities, but also some key differences. Before you decide which one is right for your investment portfolio, it’s important to understand the fundamentals of these products.
With a huge array of companies eliminating positions, almost everyone has at least considered the possibility that their job could be the next to go. Preparing for a worst-case scenario means you need to have a game plan for your finances ready to go in case that dreaded pink slip arrives on your desk.





