On Monday, the folks on Pennsylvania Ave that run US America announced the budget deficit for 2009 will exceed $482 billion.  If you include war costs it passes the $500 billion mark.  Both would be records.  I’m sure George Bush has a bucket list that includes setting some type of record.  Worse though, is that [...]

Well I knew it was bound to happen at some point.  I’ve got posts written, but they aren’t on my home machine and I have no way to get them up and running until tonight. So instead of writing up a quick BS post about personal finance of questionable quality, I’m going to open it [...]

This morning you read about the commissioned study from CreditCards.com and hopefully you went to read the article from Yahoo! Finance.  If you didn’t then you should now.  We aren’t going to analyze the results this time and instead analyze the analysis.  Surely you’ve read about how the media manipulates statistics to sensationalize results.  This [...]

 And you should be since the average debt is in the thousands.  CreditCards.com commissioned a study from GfK Custom Research North America to find out what are the safe conversation topics with strangers.  What did they find?  You’d rather talk about your salary, political and religious views, love handles, health problems, and even your sex [...]

Smartmoney.com thought they’d be clever and write a better post on some things your bank won’t tell you.  So maybe they didn’t copy me, probably because they’ve never heard of me.  But that’s okay.  You’ve heard of me and that’s all that matters.  Actually that’s a lie, I want more people to have heard of [...]

Welcome to the weekend edition! Its been quite a rough week for me. As you may know, many of the banks announced their 2nd quarter earnings this past week and the previous one. The news was not great, however it was better than expected. Those of you owning stock in our financial institutions likely noticed [...]

Today my parents are going to meet with their financial adviser.  A year or so ago I suggested they work with their bank to consolidate their money.  As my parents approach retirement age the importance of organized finances increases.  My mother asked me to jot down a few things she should discuss with their adviser. [...]

By now you’ve heard that IndyMac Bank was taken over by the FDIC.  Its pretty much the end for the mortgage provider.  But you probably don’t know the whole story.  Stick around because this does have an “I am your father” moment. Way back in 2007 IndyMac found themselves in the middle of a mortgage [...]