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An Absurd Way to Separate you from your Money

March 20th, 2008   ·   Email This Post Email This Post   ·   URI

I received a letter from my mortgage company earlier in the week that contained a fascinating proposal. If I were to take my monthly mortgage payment and pay half of it every two weeks, I could pay off my mortgage six years early, and save tens of thousands of dollars in interest.
By itself, […]

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Tags: Financial

Credit Card Interest Rates Drop Again

March 20th, 2008   ·   Email This Post Email This Post   ·   URI

The Federal Reserve sharply cut the Fed Funds Rate by 0.75% earlier this week, leading to a corresponding decrease in the prime rate. Most credit card interest rates are tied to the prime rate, so carrying a balance on these cards just got a lot cheaper.
If you don’t have a variable rate […]

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Tags: Credit Cards


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