October 31, 2008
- Gas Prices Continue to Fall
Gas Prices Continue to Fall
When gasoline prices were climbing like a rocket, we touched on the topic several times on this site, wondering how the rising prices were affecting you and your driving and spending habits.
Now, prices for gas are dropping like a rock, tumbling to prices of a year ago. There are even some [...]
October 30, 2008
- Going Green - Myths Busted
Going Green - Myths Busted
There are a lot of misconceptions about environmentally friendly ways to save money, and Money Editor Stacy Johnson busts some of those myths in this short video (runs 1:24)….
October 29, 2008
- Debt - How to Get Out of It
Debt - How to Get Out of It
Have you ever thought that if you could just find a way to make more money it would solve all your financial problems? The problem is, those who are bad at managing money will always be in debt regardless of how much they make.
Here are a few tips [...]
October 28, 2008
- Foreclosures Rise Again
Foreclosures Rise Again
U.S. foreclosure activity in September rose 21 percent from a year earlier but fell by double-digits from the prior month as some state laws slowed the foreclosure process.
Foreclosure filings—default notices, auction sale notices and bank repossessions—fell by 12 percent from August to 265,968 in September, according to a monthly report by research firm [...]
October 27, 2008
- Avoiding Overdraft Traps
Avoiding Overdraft Traps
There are some ways banks are zapping depositers for fees and you need to be aware of them and not fall into these traps. Money Editor Stacy Johnson explains… (Video runs 1:29)…Have you been hit by any of these fees? Were you able (or did you even try) to get any of those [...]
October 26, 2008
- Housing Recovery: Greenspan Speaks Out
Housing Recovery: Greenspan Speaks Out
According to an article he wrote recently for Emerging Markets magazine, former Federal Reserve Chairman Alan Greenspan says he sees the U.S. housing market will begin to recover in the first half of 2009.
Greenspan wrote that the recent slowing in the rate of decline in U.S. home prices is [...]
October 25, 2008
- Bankruptcy: Won't Help Foreclosure
Bankruptcy: Won't Help Foreclosure
Can filing for bankruptcy help homeowners facing foreclosure? Apparently, not much.
For most people, trying to negotiate changes in their loan with help from a housing counselor or lawyer is a much better option. While bankruptcy judges can reduce or eliminate certain kinds of debt, they aren't allowed to alter the total amount [...]
October 24, 2008
- Financial Meltdown: Who's Really to Blame?
Financial Meltdown: Who's Really to Blame?
If you watch a lot of cable TV, you've no doubt been hearing all the nonsense about unqualified borrowers who got loans as a form of economic affirmative action.
They claim that the entire weight of the global financial collapse rests on the shoulders of unqualified poor, minority borrowers who got [...]
October 23, 2008
- Crash 08: Should You Be Scared?
Crash 08: Should You Be Scared?
With the Dow in a free-fall one day, back up the next, down the next, you may be wondering: should I be scared?
History will show, we've been here before, and we'll survive this time, just like before. Money Talks editor Stacy Johnson explains… (Video runs 1:40)…So, with the markets going [...]
October 22, 2008
- Saving Money: Is This Being TOO Thrifty?
Saving Money: Is This Being TOO Thrifty?
When the Rachel Ray show was looking for the thriftiest mom in America, they found Margie Read. Is this being a tad bit too thrifty? (Video runs 1:36)…So, have you ever picked up the condiments when you left McDonalds and taken them home to use them? We'd love to [...]
October 21, 2008
- Making This a Green Fall
Making This a Green Fall
Summer is a thing of the past and fall is upon us. In some parts of the country, you may already have turned on your furnace during cold nights. In many northern U.S. states, temperatures have already dipped into the 40s and high 30s, and snow has already fallen in some [...]
October 20, 2008
- Lenders Don't Want Your House
Lenders Don't Want Your House
With the huge number of homeowners facing foreclosure, it is true that your lender does not want your home. In fact, mortgage lenders are also victims in this crisis (believe it or not) as well. Your problem has become their problem!
With 8 homes in every 1000 currently in foreclosure (and many, [...]
October 19, 2008
- 3 Best Credit Cards, and Why
3 Best Credit Cards, and Why
How many credit card offers do you get in the mail every week? How do you know which cards are best? Money Editor Stacy Johnson looks at the best 3 cards to consider, but all have their advantages and disadvantages, depending on how you use them. (Video runs 1:43)…
What's in [...]
October 18, 2008
- Economy: How Have You Been Affected?
Economy: How Have You Been Affected?
We're interested in knowing how you have been affected by the nation's economy.
Have you done anything different, like taking on another part time job? Cut back on driving due to gasoline prices? Put off making large purchases? Or have you not been affected at all?
Have you pulled out of [...]
October 17, 2008
- Selling Your Home: Will Anyone Want to Look?
Selling Your Home: Will Anyone Want to Look?
According to statistics, 80% of all new home buyers will use the Internet to check things out and then do a "drive by" on their own before ever contacting the seller or a real estate agent to see the house. Will anyone want to even see your home? [...]
October 16, 2008
- Banking Crisis: What's Next?
Banking Crisis: What's Next?
Money Editor Stacy Johnson explains the banking crisis. How we got here, who's to blame, and what's next. This video was recorded just prior to the house approval of the bailout plan, but his points are still valid. Video runs 3:41…
Any thoughts on what Stacy had to say? We'd love to hear [...]
October 15, 2008
- Mortgage Costs to Watch Out For
Mortgage Costs to Watch Out For
Faced with plunging property values and rising defaults, lenders are charging borrowers higher mortgage rates and adding fees. Not all of these added costs are set in stone, however. If you're looking for a loan, vigilant shopping and a little haggling can go a long way toward landing a better [...]
October 14, 2008
- Holiday Shopping: What Are Your Plans?
Holiday Shopping: What Are Your Plans?
With the big year-end shopping holidays fast approaching, the credit market freeze couldn't come at a worse time for consumers, retailers and the broader economy.
Despite Congressional and House approval of the infamous $700 billion bailout for financial institutions, industry watchers say it doesn't guarantee that nervous lenders will unstick credit [...]
October 13, 2008
- Bailout: Will it Work?
Bailout: Will it Work?
The $700 billion bailout plan that has now been signed into law may get banks to start lending to each other again. But it remains to be seen how long that will take to jumpstart an ailing economy.
The goal is to unfreeze the credit markets. Financial institutions have become paralyzed with fear [...]
October 12, 2008
- 3 Ways The Bailout Will Cost Us
3 Ways The Bailout Will Cost Us
Many experts consider the bailout a short-term solution, but in the long-term, you could be paying for it in a least three different ways. Money Editor, Stacy Johnson, explains… (video runs 1:21)
So what do you think? Think we're all going to be paying for this bailout in even more [...]
