Yesterday the Federal Reserve reduced the cap on swipe fees from the 44 cent average currently charged down to a maximum of 21 cents. Swipe fees are the fees that merchants pay every time you use your credit card, regardless of the size of the transaction. That's why many businesses dislike or forbid you from …
I know. I know. You don't come here for relationship advice. You come here to get a greater understanding of personal finance, and I try very hard to play only in that niche. Today is different because one of the best relationship articles I've ever read was posted in the NY Times, and it prominently features …
I received the email this morning. This was only a matter of time I suppose. I remember when PayPal rates were competitive with ING. According to a SmartMoney article: “Due to market conditions, financial advantages of the money market fund have diminished for our customers,” said a PayPal spokeswoman. Advantages for the company have diminished, …
Welcome to the Q3 edition of Maximizing What's in Your Wallet! The big news is that I have a new grocery card that I can't wait to tell you about. As a reminder, this post is for all the credit card deadbeats out there looking to maximize cashback rewards. So, if you never carry …
As if keeping up with your credit score wasn't enough, I read in today's NY Times that FICO has now developed a methodology for predicting your likely adherence with taking prescription medication. For those wondering what I mean by medical adherence, it's basically the combination of compliance (the extent to which a patient acts in …
I know it may not seem like it from the title, but I actually am a fan of PerkStreet (a sponsor on this site). It is by far the best debit rewards card program out there offering 2% back on all purchase with various rotating rewards in the 5% range. If debit rewards are your …
I joined Prosper.com (a sponsor of this site) in May, 2006. This was about a week before I became a parent and about the same time Osama was moving into his new home. I say this because I would love to blame my joining on pregnancy brain or some terrorist plot. However, as in so many …
I think it's time to move your money out of the NC State Employees Credit Union bridge account for the remainder of the quarter. If you don't know what I'm talking about or want to know more about a risk-free investment that could earn you 3% per quarter, go back and read this post. Here's my …
I consider being able to pay one's mortgage by credit card to be one of the holy grails for a credit card rewards maximizer like myself. It's also next to impossible to achieve, especially in today's economic environment where default is a massive concern among the banks. Thus, I was incredibly excited when I thought …
Paying My US Bank Mortgage by Credit Card (FAIL) Read More »
It's been a very busy month from the perspective of my real job so unfortunately my blog has gotten shortshrift. I apologize for the dearth of posts, but hopefully we'll get back on track with this net worth posting. There were no major financial events that took place in May so basically we're just seeing …
