Michael on March 13th, 2008
Bookmark and Share

Lately, everyone’s writing about the housing market.
You: Why?
It’s nearly spring.
You: Nearly? It’s March. Are you a little down?
I live in New Hampshire. It snowed today. For me, nearly spring is actually being optimistic!
You: Oh. Today, our high was –
CAN’T HEAR YOU!
Anyway, I recently compared the housing market opinions of Time Magazine and Bankrate.com. I [...]

Continue reading about Bull market on housing market related articles

Michael on March 12th, 2008
Bookmark and Share

I just received the following email:
I have a question about credit cards. Which is preferable for FICO score and credit-worthiness in general: to pay off the balance of your card each month or to pay a large % of your bill and leave a small amount “running” on your card from month to month? [...]

Continue reading about Credit Score Q & A

Michael on March 11th, 2008
Bookmark and Share

I’ve often said that simple is better because simple gets done. Yet too many people make too many things take too much time. Previous posts have highlighted both the monetary and general benefits from financial simplification.
Few financial experts understand the benefit of providing simplicity to their audiences. Liz Pulliam Weston is [...]

Continue reading about Easy Money: A Conversation with Liz Pulliam Weston

Michael on March 10th, 2008
Bookmark and Share

After participating in personal finance carnivals for just a few short weeks of, my post How home affordability has changed now that the boom is over was selected one of the top 7 posts of the week (out of 75+ that were featured)  The host, Quest for Four Pillars is a Canadian and so he [...]

Continue reading about Canadian Carnival

Michael on March 7th, 2008
Bookmark and Share

In Wacky Credit Gyrations Yield Some Easy Money, recently posted to WSJ.com, the author Brett Arends reports the spread between the rate you can earn on tax-exempt money market funds (which aren’t Federally taxable) and regular taxable money market fund (which is taxable) has shrunk.
Although this is caused by weird and extremely complicated market [...]

Continue reading about Free Money for less than 10 minutes of effort

When I recently wrote about whether now was the right time to buy a home, I argued that the price of the home was more important than the interest rate you received. Assuming you maintain good credit, you should have the opportunity to refinance a high interest rate downwards at some point in the [...]

Continue reading about How home affordability has changed now that the boom is over

Michael on March 4th, 2008
Bookmark and Share

Housing prices have decreased significantly over the past year or two. So say people like Fed Reserve Chairman Bernanke, numerous articles in The Wall Street Journal, and my brother—who just bought a house for quite a bit below an already dramatically reduced asking price.
Although I’ve also read about specific locations which are “protected” or still [...]

Continue reading about Time magazine vs. bankrate.com on the housing market

Michael on March 3rd, 2008
Bookmark and Share

This week’s personal finance carnival not only provides links to dozens of informative personal finance articles, including Beyond Paycheck to Paycheck’s The 45-cent strawberry: Are organic foods worth it?, but also educates readers about homelessness in America. Talk about a buy one, get one free deal!
One of my favorite articles from today’s carnival [...]

Continue reading about Allowance for a Carnival