Best Personal Financial Planning and Personal Investment Articles this Week from Personal Finance Blogs Welcome to the July 16, 2010 Edition #150 of the Carnival of Financial Planning. The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security. This edition is arranged by subject heading, so that you can ...
Comparing Credit Cards and Debit Cards
As more people are cutting back on their spending and are paying more attention to managing their financial affairs, many have made the decision to cut out credit cards from their life and rely solely on cash or debit cards. It can be a good plan if you can’t trust yourself with credit cards but there are differences between credit and debit cards that may affect you more than you ...
How to Protect yourself From Identity Theft
The occurrences of identity theft continue to grow despite the fact that the average consumer is becoming more educated about the frequency of this crime. Identity theft occurs when someone other than yourself uses your identity to open lines of credit and various utilities. If you have been the victim of identity theft, by the time you realize what has happened, the damage is usually done. This ...
Heroes Earned Retirement Opportunities (HERO) Act
One of the requirements of establishing and contributing to an individual retirement account (IRA) is that the contributions are made from taxable earned income. This is true for both the traditional and Roth IRA. This stipulation is in place for all taxpayers, however exceptions are made for military servicemembers who are on active duty. Due to the fact that combat pay is tax-free, servicemembers who spent an ...
10 Tips for Buying a New Car
Buying a new vehicle is stressful. Think about it for a moment - most car buyers are at a distinct disadvantage when buying a new car. Most people only buy a new car at most, once or twice a decade. And you are going up against people who do this for a living. That's like me stepping up to the plate against a Major League Baseball player. Sure, I might ...
How To Negotiate A New Car Price
People who are looking to buy a new car are historically anxious about getting a good deal because of the legacy of the car salesman. Well-versed salesmen know how to make a deal seem like the best thing since sliced bread only to have the buyers later find out the deal made was only in the best interest of the dealership. The Lowdown on the 4-Square Tactic Caveat emptor – let the ...
Types of Mortgages
My wife and I recently started looking at homes, and one of the topics we have discussed is the type of mortgage we want to get when we buy our new home. We thought our biggest decision would be choosing between a 15 Year and 30 Year Mortgage - that is, until we saw the wide variety of mortgage options available. The good news is you can usually find VA ...