Elisa Cundiff is the guest blogger today, she is the Outreach Coordinator at Thrive, a free online budgeting tool.
Every morning I review all my financial accounts on Thrive, but last Thursday, I noticed something strange: a “$3 non-Citi atm fee”. This was an additional $3 that my bank was penalizing me with for not [...]
Back in February 2008, I wrote a post titled “Why I Started Lending Money With Prosper And Lending Club” that outlined why I had veered from my savings account mentality into the world of peer-to-peer lending. Basically, I wanted to try to beat the rate that my online bank was offering at the time (which [...]
What did you think you knew about money as a kid? Most of us were told at one time or another that money didn’t grow on trees, but I am not sure that I ever thought it did — I just thought that my parents had an endless supply of it, and why weren’t they [...]
Alright guys and gals, I need your help on this one. With banks closing left and right and their fees going up, many people are changing where they do their banking, either by force or by choice. Even though I live 23 miles from the closest Bank of America, I still have my main [...]
Seriously, I don’t know how much more of this I can take before my head falls off. I am so done hearing about these “poor” executives and their million dollar bonuses. Why would any company, who was actually interested in doing well, need to retain people (with our money too, mind you) who [...]
From the category of “Yea, no kidding” comes this gem over at Salon:
Sen. Dick Durbin, on a local Chicago radio station this week, blurted out an obvious truth about Congress that, despite being blindingly obvious, is rarely spoken: “And the banks — hard to believe in a time when we’re facing a banking crisis [...]
Not really sure what purpose it can serve, but it is interesting to see who/where/what is receiving bailout funds around the country. Each marker represents the headquarters of a financial institution that expects or has already received money from the Treasury Department under the TARP (Troubled Asset Relief Program). The size of each marker [...]
Do you have “enough”? Are you working extra hard to buy extra stuff that you don’t actually need? How many hours of your working day go towards unnecessary expenses? Could you work less hours if you required less stuff? Wanted less stuff? Had less stuff?
First of all, because Bank of America is still in business…for now. So many banks have folded and/or merged that I am glad that BofA is still around. I have been a customer since 1995 when I moved to California from Massachusetts (before BofA was even in MA) and have always had great luck with [...]
Thought I would pass along these little gems first thing this morning, just a “pick-me-up” to start your day with.
In 2007, the top 5 firms paid out $39 billion on bonuses, even as their shareholders lost $74 billion. Those same firms have now received $60 billion in bailout funds.
In December, after just 3 months [...]
Um, uh oh…
WASHINGTON – The federal agency that insures bank deposits, which is asking for emergency powers to borrow up to $500 billion to take over failed banks, is facing a potential major shortfall in part because it collected no insurance premiums from most banks from 1996 to 2006.
The Federal [...]
“If I’d only followed CNBC’s advice I’d have a million dollars today…provided I’d started with $100 million.”
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The Daily Show With Jon StewartM – Th 11p / 10c
CNBC Gives Financial Advice
Daily Show Full EpisodesImportant Things With Demetri Martin
Political HumorJoke of the Day
It’s nice to see a CEO taking some responsibility instead of either A. going on expensive retreats, B. blaming someone else, or C. laying off all their employees:
Embedded video from CNN Video
Um, ok… I imagine we are going to start seeing more stuff like this as the credit crisis gets worse, no?
In a stinging note of support for the laid off workers that have taken up residency in Chicago’s Republic Windows & Doors factory, the Governor of Illinois has suspended business with Bank of America until [...]
Yep, it just keeps getting better, doesn’t it?
American International Group, the insurer getting a $152 billion federal bailout, in a regulatory filing late on Tuesday disclosed it would pay roughly $3 million to several executives under deferred compensation plans that are being terminated. IG last week said the monies being paid under the deferred [...]
