Financial Solution News

The March 24th edition of Time Magazine has an article titled, “10 ideas that are changing the world.” I was excited to see that one of them on the list was living within our means. Dave Ramsey was labeled as one of the strong forces creating this change in our time.
The article made mention of how our national savings rate (savings as a percent of disposable income) has been decreasing quickly – especially over the last 30 years (10% in 1980 to 0.4% in 2007).
But the good news is that they are saying culturally we are making a shift. People are beginning to realize how out of hand this debt thing really is. Granted, many people still are not taking action, but at least people are  beginning to realize that it is a problem. This is always the first step.
As Dave said, “Maybe a whole generation [...]

Original post by bob

I had another down month in March to round out a very poor quarter.  This was my worst quarter for returns since both Q2 and Q3 of 2002 when my returns in each quarter were nearly twice as bad as this Q1 2008.  I learned a lot six years ago and think I’ve learned a good bit again and hope to continue to reduce my bad quarters’ losses and frequency again.
In my quest to reach my goals layed out last year I’m still cutting it close after losing more in March.  If I can contine depositing $2,000 each month (April, May, June, July) and can bring in $2,000 in April, May and June, I’ll reach my goal with a few pennies to spare.  I’m not against digging deeper in our checking account to push me over the mark if I’m close.  Actually, I might have more to deposit than planned.  We’re still [...]

Original post by Alex Fotopoulos

Big changes are in store for the U.S. financial system. Treasury Secretary Henry Paulson announced a list of goals earlier today that include a broad expansion of the Federal Reserve’s powers.
Under Paulson’s plan, the Fed would essentially serve as a financial markets moderator. If enacted, the changes would reportedly be largely invisible to consumers but would drastically alter how the financial services industry is regulated.
The Secretary of Housing And Urban Development is stepping down amid several ethics investigation. Alphonso Jackson said earlier today that he’ll resign April 18 to attend to persona and family matters. The resignation comes after criticism from members of Congress that Jackson has refused to respond adequately to allegations of impropriety.

Federal Reserve, Housing And Urban Development, Mortgage Implosion, mortgage news, Mortgage Video

Original post by Admin

It dawned on me today that Monday Blues is really something we sell to ourselves. Every time we complain about the end of the weekend or desire that it should really be the end of the week instead of the start, we are convincing ourselves even more that Monday is bad.
We tell ourselves that Monday is bad because we can’t sleep in. We cannot spend time with our family and we have to endure all the frustrations that come with work. We hear ourselves saying that we are tired but still have to solve everyone else’s problem when we don’t even think it’s our responsibilities to begin with. We tell ourselves all of this, and we should stop because we will train our minds to dislike Mondays more and more.
Every time we make negative comments about Monday, we are convincing ourselves that Monday is no good. [...]

Original post by MoneyNing

Have you bought a diamond in a while?
I did. I bought my wife’s ring from Amazon a few years ago. What about you? If so, there may be some money sitting on the table for you from the class action suit.
De Beers class action lawsuit
It turns out that there is a major class-action lawsuit going on against diamond supplier De Beers for allegedly violating federal antitrust laws. The suit is still pending final court approval, but if it is approved U.S. residents who purchased a diamond between January 1, 1994 and March 31, 2006 would receive a pro-rated amount of the $295 million settlement.
These are a few of the notes I found on the claim submission website:
Please be advised that if your pro rata share of the Settlement Fund is a payment of less than $10.00, no check will be sent to you as a result of prohibitive administrative [...]

Original post by bob

My life has changed since I got married because I’ve gotten much busier! With me starting to prepare for the CFA, my work and also the blog, things are just going crazy around here. This weekend, I even had friends come over and will have a house warming party today!!
I really wish everyone a happy Sunday and chat with you more later! Check out the links as always since these are good ones

The Digerati Life discusses about how money challenges prevent us from building the life that we love.  Remember that it shouldn’t  always be about the money!
My Two Dollars has an article about what we should do before we go on vacation!  I have to remember this article before I go on my honeymoon!
Mayank Rocks gives us a glimpse about the poverty situation in India. Being from HK, I’ve got to say that [...]

Original post by MoneyNing

The Down Jones ($DJI) remains range bound still as we finish off the end of the first quarter on Monday.  It appears to be destined to stay within a few hundred points of 12,000 and 12,500.  A longer-term down trending line helped to keep it within this range as the DJIA tried to angle up on Monday.
The DJIA has been above its 10 day moving average for more than a week until Friday when that finally broke.  Luckily the 20 day was just below that point to offer support.  If the 20 day continues to provide support, the 10 day will be able to have a fighting chance to come back into play.  The longer the DJIA stays below the 10 day, the worse it is in the near term.
I’m not making any huge bets until I us below 12,000 again and back on an upswing.  Caution should be your friend [...]

Original post by Alex Fotopoulos

I really feel bad for taxi drivers. It’s almost as if the ones that work in the US are really getting unfairly treated. Today, I went to Las Vegas for business and took the taxi twice. Here are my two experiences.
From the convention center to the airport – When I asked for a receipt after I paid my fare and tip, the taxi driver said I needed to pay another $5 to get it. The reason he claimed was because he gave me good service, and also because he did not go the long route. I’m not sure if demanding an additional $5 tip when asked for a receipt equals good service, and I’m also not quite sure why going the normal route means a good service. Is it standard for them to take the long route so they can make more money off [...]

Original post by MoneyNing

When you are in the market for a new credit card, there are so many features to choose from that it is quite daunting. Low interest rates and the frequent flier miles, shopping points, and a whole myriad of other choices are available to you. If you have good credit you can even get a card that has, if you can believe it, 0% APR(although this is only an introductory period of about a year that goes along with the new card)
First step to choosing the right rewards card is to think about your lifestyle. Credit Cards are a highly lucrative field and are thus very crowded with competitors. This is good for you the consumer because there are hundreds of offers for you to choose from. Reward Cards are the new big thing in the industry and the offers that come with reward cards are as different as possible. [...]

Original post by admin

Though it’s not the most difficult thing in the world, safely writing a check is something that everyone needs to know before it is all said and done.Use Ink, Never Lead
Always use a pen to write a check to prevent any kind of tampering with the check. Never use a pencil when you are check writing because someone could fill in the blanks with the amount they would like to receive and easily erase your pencil marks. To avoid dishing out blank checks to people, be sure to use some kind of ink. Although a pen is acceptable according to most people, it is wise to use a permanent marker if possible. This is significant due to those occurrences in which people have committed “check washing”, which is a process in which criminals use chemicals to remove checks’ ink. A permanent marker prevents this possibility.

Dating and Identifying Tips
When you first [...]

Original post by Everything Finance