Financial News Headlines

Like elephants, some card companies never forget

September 26th, 2011

I was recently solicited by a credit card company. I didn’t need another credit card, but this offered airlines miles that I collect, so I applied. They didn’t approve the application because: “You have filed for bankruptcy and your previous account(s) with us was included in that filing. This includes any of your accounts issued by (us) such as Visa, MasterCard, store cards or gas cards.” Liz, the bankruptcy was 12 years ago, and I am very well financially situated now. I thoug

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Tags: Card, Card Companies

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Offbeat Ways to Make Money

August 26th, 2011

We’ve all heard people’s claims that they were able to get rich quick by employing one program or the next. These money making schemes typically involve some sort of enrollment fee and usually involve watching videos or listening audio recordings. Rather than invest all that time and money into learning how to get rich, why not try a few of these offbeat gigs on for size? Not only will you earn money, you’ll also have a whole lot of fun doing it. Here are a few of the most lucrative offbeat ways to make money online:

Thinking outside the box pays off in today’s economy. If you have a wacky way that you’ve been making money and you want to share it with us, please feel free to comment below. We love g

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Tags: Money

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Bankruptcy — Should You List Your Potential Lawsuits?

August 25th, 2011

Sometimes when we file bankruptcy we are doing it because of the wrongdoing of someone else. Maybe a drunk driver ran a red light and hit us and we can’t work. Maybe a debt collector called our work and got us fired.

Any potential lawsuit we have should be listed in our bankruptcy papers. If we don’t list them, then we may have lost the right to bring the suit forever.

Here is the concluding paragraph to a good short post by David Leibowitz:

So if you are filing a bankruptcy case, list all your assets. And that includes all lawsuits you have against anyone for anything. It includes any claims you have even if you don’t know what their worth. I

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Tags: Bankruptcy, Bankruptcy Should

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Social Security IRA

July 27th, 2011

As experts debate potential changes to Social Security to improve is deteriorating financial situation, one of the ideas thats been offered is that of a Social Security IRA. I first read about it when it was mentioned by the founder of the Association of Mature American Citizens in the wake of the news that the AARP was in favor of changes to Social Security. AMAC said that in order for them to support increasing the full benefit age from 66 to 69, they would require the mandatory offering of a Social Security IRA.

What exactly is this Social Security IRA? It sounds a lot like the privatization of Social Security (which was a red hot political term for many election cycles), by putting it into an IRA and letting the wage earner direct the investments.

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Tags: Ira, Security Ira, Social Security, Social Security Ira

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Jean-Claude Trichet, President of the ECB, Lucas Papademos, Vice President of the ECB 14 January 2010

July 26th, 2011

Introductory statement with Q&A

Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our first press conference in 2010. Let me take this opportunity to wish you all a Happy New Year. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by Commissioner Almunia.

Based on its regular economic and monetary analyses, the Governing Council decided to leave the key ECB interest rates unchanged. The current rates remain appropriate. Taking into account all the information and analyses that have become available since our meeting on 3 December 2009, price developments are expected to remain subdued over the policy-relevant horizon. T Read more…

Tags: President, President Ecb

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Big Ten: Wisconsin reloading

July 26th, 2011

Wisconsin head coach Bret Bielema talks about reloading his roster with hopes of defending their 2010 Big Ten championship.

Big Ten: Wisconsin reloading is categorized as sports.

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Tags: Big Ten, Reloading, Wisconsin Reloading

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