Category Archives: Link of the Day

Link of the Day: Foreclosed Family’s Last Goodbye to Home

Over the past few years home values across America increased at a substantial pace.  This led many homeowners to treat their homes like ATMs and take the equity out of it.  While many people used their home’s equity for legitimate purposes, some homeowners used the money on vacations, new cars and other luxuries.  Today’s link from the San Francisco Chronicle tells the story about one family that did not use good judgment when it came to managing their house and ended up losing it to foreclosure.

Matt / Google+

Link of the Day: Yes, You Can Create Your Own Financial Plan

Some investors are leery of making investment decisions on their own. When finances are involved, many people opt for a professional to make decisions for them. While it certainly is beneficial, professional investment advice is costly. This article from Morningstar encourages investors to think long and hard before opting for help creating a financial plan. While a lot of people will still prefer to have outside investment help, it might be worth it to try doing it yourself first.

Matt / Google+

Link of the Day: The Declining Value of Airline Credit Cards

Many consumers sign up for credit cards that offer frequent flier miles every time they are used. The idea of free travel has increased the popularity of these credit cards. Due to the recent turmoil in the industry, airlines are not only charging for checking bags and eliminating some travel routes, but are also reducing the benefits for their credit cards. You may want to reconsider applying for one of the airline’s credit cards and look into getting an American Express Blue Cash card or one of the many other available options.

Click here to read more about the declining value of airline credit cards.

Matt / Google+

Link of the Day: The Outrage in Your Credit Card’s Fine Print

Credit cards are a convenient way to purchase items and offer many protections to the consumers that use them. Important to note that they also carry with them some disadvantages. It is no secret that credit card companies make money from late fees and overdraft fees. However, it might be surprising to some that nearly half of all credit card company revenues come from penalty fees. You should be cognizant of this fact when it comes to managing bills in order to ensure that you are not one of those having to pay penalty fees on your credit card.

Check out today’s link of the day from the Christian Science Monitor.

Matt / Google+