What is a Reverse Mortgage?

Posted on October 18, 2007
Filed Under Finance, Household, Money | Comments Off

If you watch any TV at all then you have probably seen one or more commercials urging older homeowners to take out a reverse mortgage. To most [uninformed] people, a reverse mortgage is often mystifying and possibly even thought of as a scam. This article will hopefully provide you with the information needed to make an informed decision about reverse mortgages.



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Current Interest Rates for Online Savings

Posted on September 30, 2007
Filed Under Finance, Saving | Leave a Comment

Emigrant Direct:

Savings Account: 4.75%
CD (6 months to 10 years): 4.55%

ING Direct:

Savings Account: 4.30% APY
12 month CD: 4.9%

HSBC Direct:

Savings Account: 4.50%
6 month CD: 4.59%

Optimize Your Budget

Posted on September 13, 2007
Filed Under Budget, Finance, Household, Saving | Leave a Comment

So, you finally did it. You sat down and created a budget and you are even sticking to it. Now what should you do? In order to make your budget truly effective you should optimize it by finding a way to trim your expenses in each of your categories.


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