Archive for December, 2009
Merry Christmas and Happy New Year
I hope you all have a wonderful holiday season and a Happy New Year. It’s been quite a year on the economic front. I hope you have weathered the storms! If you haven’t, may 2010 bring you new prosperity and great opportunities! Merry Christmas!!! On a separate but related note. I just checked outside and, [...]
Credit Card Rate Hits a New High: 79.9%
With the changing regulations on credit cards, banks are giving their card fees and rates a makeover. The latest bank to do that is First Premier Bank, which caters to the subprime market. Previously the bank charged a whopping $256 in first year fees for a credit line of just $250. Incredible. Now, due to [...]
Shame on Me. Why I Definitely Won’t Use a Commercial Bank Again.
It didn’t take long for me to remember why I hate banks and love credit unions. In October, we finally bought my wife a car. She had been driving her Honda Accord for nearly 10 years and we decided now was the time to take advantage of great deals on cars. After doing a lot [...]
Is it Human Nature to Want What We Do Not Have?
I was doing a little browsing and stumbled upon this graphic. There is a lot of truth to this simple comic. It’s rare to find someone who is satisfied with what they have. I’m no exception. I am always thinking of what I want next, where I want to go, what I’d like to do [...]
Hate The Changes to your Credit Card? Ditch the Bank for a Credit Union!
As I’ve said more than a few times on this blog, have you considered a credit union? CNNMoney has an article on their site today that points out some of the benefits to switching to a credit union if you are unhappy with some of the changes that banks are making to their credit cards. [...]