August 2010

Taking a 401k loan – Rules and limits

For most of us, putting money away for our retirement in a 401k account is the first and only act of real savings.  These savings are intended for our retirement, so it is widely acknowledged that this money should not be touched for anything other than retirement purposes. But what if you have no where [...]

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Credit cards take from the poor and give to the rich?

A couple of weeks ago, I read about a study in Wall Street Journal that talked about a “Reverse Robin Hood” theory.  The actual study was done by the Boston Federal Reserve and can be found here. I am pro- credit cards. So am I taking money away from the poor?  Are my frequent flier [...]

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How to save money with discount, cheap, unrestricted movie tickets!

Summer blockbusters always attract a lot of movie lovers.  These days a lot of movies are in 3D for which the ticket price alone is $15-$20 per person. Add in popcorn and a drink and you are looking at atleast a $100 night out for a family of 4. A lot of discount movie ticket [...]

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Weekly Favorites

My favorite posts for the week: How To Simplify Your Life @ Frugal zeitgeist Retiring Before the Age of 40? How Realistic Is That? @ Everyday tips and thoughts Make Money Freelancing – Through Networking @ Rainy Day Saver Is It Better to Rent to Males or Females? @ Financial Samurai Seven Ways to Attend [...]

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Go green and make some green!

Who doesn’t love saving money, especially by going green? Recycling is an excellent way to go green. Reusing is taking it a step further. We all know the traditional way to get rid of stuff we no longer use/need. We could sell it in eBay or Craigslist or give it away on Freecycle. But all [...]

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How to get your FICO & FAKO credit scores for free?

1 Getting a free credit report is relatively easy (for help see: What is in your credit report and why should you care?337). Getting your credit score on the other hand can be more challenging. Agencies may be promising to show you your credit score for free but is it your FICO score or a [...]

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Credit score types, what they mean & what matters

1 What is your number? Today more and more businesses are checking your number. To be employed you are not only required to be qualified for the job but also need to have a good number. What is a good number? What does this “number” even mean? This number, your credit score, essentially means how [...]

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