Another nice guest post from Noreen… Confusion abounds about the difference between credit reports and credit scores. Many people mistakenly think they’re one and the same, perhaps because the terms are often used interchangeably when discussing the condition of their credit. Both credit reports and scores are reviewed by potential lenders and can influence the …
Welcome to the Q4 2012 edition of Maximizing What’s in Your Wallet! As a reminder, this post is for all the credit card deadbeats out there looking to maximize cash back rewards. So, if you never carry a balance on your credit cards, have them set to auto-pay in full every month, and want to make …
First, my apologies. I accidentally did something that put my anonymity at risk so I had to rip the whole site down while I worked that out. It appears as though my anonymity is preserved. However, as a precautionary measure I've removed all of my net worth posts. They are permanently removed. I'm still …
July has not been a particularly interesting month. The coolest thing to happen this month is my son became an UNO expert and is learning how to play a competent game of 5 card stud. It's amazing how much math you can teach a 6 year old while playing poker with chips. And, we …
The following is guest post from Noreen Ruth on personal finance podcasts. My personal preference goes to NPR's Marketplace Money and Freakonomics Radio. How about you? Which ones are your favorites? Anyone interested in the latest financial trends and expert advice will find a treasure trove of information online, especially by following a well-researched …
Many of you read my recent review of the Upromise program and the associated credit card. It seems that the folks at Upromise are transferring the business from Bank of America to Barclays Bank of Delaware. As a result, there are some major changes afoot. Most of these are actually going to streamline the rewards …
I just wanted to share these with everybody. Two fascinating articles. ENJOY! The 11 Ways That Consumers Are Hopeless at Math by Derek Thompson at The Atlantic – great thoughts on the way we shop The Money-Empathy Gap: New research suggests that more money makes people act less human. Or at least less humane. …
2 Awesome PF Articles on Behavioral Finance and Class Differences Read More »
Most of you read my Maximizing What's in Your Wallet articles that I put out each quarter. For a person like me that carries 8 credit cards at a time and has 2 others in a drawer that I use occasionally, the article serves as a way to organize my thinking in order to maximize …
In psychology, there is a term called 'cognitive reframing'. It's a term that basically refers to finding different ways to look at the same situation. For example, while many bloggers were bemoaning their net worth dropping last month, I instead reframed it as a buying opportunity. By the looks of things this month, I was …
I just received an email from PenFed offering me a $100 statement credit for spending $1,000 on airfare, car rentals, or lodging during Q3. A lesser deal (5%) also exists with a $25 statement credit if you spend $500 in the same category. Look for the email from PenFed or if you don't have this …
