Master Your Card

It doesn’t matter whether you’re the potential lender or the potential borrower - having a loan between two friends opens the potential for some real problems. Even the best of friends can find their relationship soured once money enters into the equation. The fact remains, though, that sometimes there are people who need money and people who care about them willing to lend it. It may seem cut and dry, but it’s a situation that should be entered into with caution…

I’m disgusted. Ok, perhaps that’s a bit harsh. Irritated really isn’t, though.

We got an email at work today saying that our company may participate in this new program that allows debit and credit cards to be issued for 401(k)s – something called ReservePlus. Essentially, if our company signs up for this program, there’s a limit set for how much you want to spend from the account and this becomes the “limit” of the card.

What this boils down to is this card gives employees a different way to access a 401(k) loan…

Another week has gone by and it literally feels like only a few days to me. I went and saw ‘The Dark Knight’ last night and if you haven’t seen it, you should! It is phenomenal! I loved all of the action scenes and the tension between the Joker and Batman was awesome. [...]

If you’ve found yourself in the dubious position of having racked up a ton of credit card debt, you may feel like you don’t have a lot of options. While these tips are specifically geared towards the senior community, anyone can follow them.

Tip # 1: Draw up a financial road map…

The fall of IndyMac Bank makes the sixth bank this year to go under. People are rightfully concerned about their money and I’ve gotten an influx of questions from members about protecting their money. So, let’s revisit how to protect your money with financial institutions.

First and foremost, if your bank or credit union is not FDIC or NCUA insured, dump them. You’re not protected and if they go belly up, you will probably lose your money. FDIC insurance covers banks and NCUA insurance covers credit unions…