RSS FeedGetting the Best from Timeshares
Timeshares is a plan that popped up many years ago to enable people to vacation for more affordable rates, as well as a variety of other reasons. When the idea was first put into practice, it was quite popular. The premise of a timeshare is that several individuals or families make a monthly payment that [...]
Holidays on a Shoestring Budget
It’s only a few more weeks before the commercials and advertisements about holiday gifts will begin. Many of you dread this time of year for the simple reason that there is never enough money to get loved ones “nice” things. The thing you have to remember is that just because the television and newspapers say [...]
Funding your Own Small Business Without a Loan
You may be one of the many people who choose to start a small business each year. You might just want to be able to work from home, be more available to your family, or just be able to get away from a boss peering over your shoulder everyday. Whatever your reason is, you most [...]
The Foreclosure Process
If you are faced with the dismal prospect of losing your home, you will want to take any action necessary to keep yourself from becoming homeless. To fight a foreclosure, it is vital to understand how the process works. As the process of foreclosure varies from state to state, homeowners need to be aware of [...]
Rent-to-Own: Blessing or Trap?
Most people hit a point in time where they truly need something such as new furniture or appliances, yet just don’t have the money to pay for them. Their credit may also not be the best it could be either. This is usually when they flock to the nearest rent-to-own store. They know that, here, [...]
Teaching Children Money Management Skills
One of the most important things that everyone needs to know is how to manage money. It’s the one thing that can either make or break you in life. If you are not great at managing your money, you will most likely find yourself in debt all of your life, along with the bad credit [...]
How to Improve Your Credit Rating Fast
All potential lenders, landlords and employers seem to require a credit report before going any further with your loan, apartment application, or job interview. This report shows them exactly what your credit score is, and will alert them to how good or bad your money managing skills are. It also tells these people you really [...]
What is the FDIC for?
It would likely be safe to assume that almost everyone in the United States has seen the “Member FDIC” signs that are displayed at banking institutions. Even if you don’t have a bank account yourself, you have still probably seen one at least once in your lifetime thus far. The signs are as common in [...]
Finance in the News: Bear Stearns
Before its recent collapse this year (2008), The Bear Stearns Companies, Inc. was one of the largest securities trading and brokerage firms and one of the largest global investment banks in the world. The main areas of business that Bear Stearns covered were the following: capital markets (fixed income, equities, investment banking), wealth management, and [...]
What is Subprime Lending?
With the current economic crisis the United States is experiencing, there is a lot of talk about subprime lending practices, with specific attention on subprime mortgage lending. The term is fairly new and has been promoted via its use in the media. It refers to lending that financial institutions do that carries more risk than [...]