Finance

How to Protect Your Credit From Unscrupulous Landlords

Lori seems to have had bad luck with landlords. When she left her first apartment, she says she cleaned it thoroughly but her landlord charged her $1,200 for a cleaning fee. They kept her $500 security deposit toward that cost, then charged her another $675, which they turned over to a collection agency. In the second case, she…

The Secret Math Behind Early Retirement

Early retirement often seems impossible. It’s difficult enough these days to retire at age 65, so the thought of retiring early is a pipe dream for most people. Yet somehow this dream has become a reality for some diligent savers. In extreme cases, a few people have retired at an age when most of us…

Extended Warranties for Your Gadgets: Are They Worth the Money?

Holiday shopping season is in full swing, and smartphones, tablets, and other electronic devices once again top many shoppers’ gift lists. Given how expensive many popular gadgets have become, one big question many shoppers are facing is whether or not to tack on an extended warranty to protect themselves should their electronic devices come to…

The Fast Track to Retirement: Reduce Consumerism

The quickest way to grow a nest egg is to cut expenses as much as possible. It’s almost Thanksgiving and retailers are going all out on advertising this year. Plus, 2013 has a shortened shopping season because Thanksgiving is later than usual. As a result, retailers are opening even earlier on Thursday. For example, Kmart will…

10 Things Consumers Don’t Understand About Credit Scores

Credit card experts debunk common misconceptions about credit scores. ST. LOUIS — Three numbers can affect everything from securing a mortgage or loan to how much interest you’ll pay when you’re approved for a house. And while they’re just three numbers — that typically range from 300 (very bad) to 850 (very good) — there’s…

JPMorgan Pays $100 Million, Admits Fault in London Trades

WASHINGTON — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimately cost the bank $6 billion. The settlement announced Wednesday by the Commodity Futures Trading Commission comes less than a month after JPMorgan (JPM), the nation’s largest…

Where Are Gold Bullion Prices Going from Here?

The key to a great investment opportunity is to get in before everyone else. As most readers who follow the markets know, the results of the latest Federal Reserve meeting were quite a surprise, as the central bank determined that now was not the time to reduce its asset purchase program. That news was a green light…

Is U.S. Hiring on the Rise?

With the number Americans applying for unemployment benefits at an all time low, things are looking up for those looking for a job. Just last week, the number of applicants fell by 27,000 indicating that hiring is steadily improving. These trends are not volatile, evidenced by Jim O’Sullivan, an economist at High Frequency Economics. In…

Short Term Loans Due to Sandy

The recent Hurricane Sandy has left a lot of destruction and property damage, but where does that lead people with loans?  If you happen to live in the northeastern portion of the United States, you do not need to be informed of the devastation that your state or town has endured due to the recent…