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Top Personal Finance Blogs for August 2009

These are the top personal finance blogs according to this blog’s quality traffic score. How does it work? Glad you asked… I took the top 15 personal finance blogs in terms of visitors referred to this site. Then I created a quality score which I define loosely as engaged traffic. Rigorously, my quality score is [...]

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  • differentWhat Does Diversify Really Mean? Whether you are into investing or running your own business, the term diversify is thrown out quite a bit. However, there are some varying opinions on what this term really means and the implementation of diversifying your money or resources can be difficult. While diversifying is vital for anyone, the......
  • creditreportThe Meaning of a Credit Score I do not suppose you know what your credit score means do you? Do you really? I think you might want to take another moment to think good and hard on that, because in September of 2004, the Consumer Federation of America reported that of one thousand Americans they surveyed,......
  • debtWhat is Debt Leverage? Leverage is a term that is often used synonymously with debt, and for this reason, it is important that people come to understand what debt leveraging actually means, and how it works in an ordinary financial transaction, such as buying a home for example. Let us suppose that you are......
  • couponsSaving Money The Right Way Many people end up spending money they simply do not have, or not saving nearly as much money as they should be saving. Do you feel that this is true about yourself? There are a wide variety of different ways that you can save money without breaking any laws. You......
  • moneyGetting Out of Debt 103 Debt Elimination Step #3 - Finally, you have to implement what is known as a debt snowball. The third and final step of this process, implementing a debt snowball, is a step that could easily require several years depending on how much debt you are dealing with. Once you have......

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Choosing a Great Investment Manager

You know that past returns are not indicators of future performance, right? You’ve read that on a billion mutual prospectuses. Nonetheless people tend to use their past returns as their primary motivation for selecting new ventures and speculations. This is probably a combination of everyday human nature, the historical charts and graphs they feed us, [...]

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  • stockManaging Stocks in an Economic Crisis 2008 is showing all of the hallmarks of being a difficult year financially, and for this reason, having control over your cash flow is absolutely vital. Managing stocks in an economic crisis is one of the best possible defenses that you can take during the credit crunch. By monitoring the......
  • mutualfundsMutual Funds 101 One way that investors can pool their money is mutual funds, which allows them to invest together in a variety of different stocks. Each of the participating investors is charged a percentage fee based on what they invest so that the professional fund manager can receive payment for his work......
  • blog traffic exchangeReview: The Motley Fool’s You Have More Than You Think By David and Tom Gardener For many people, the ability to invest is a pie in the sky dream that will never be achieved, due to the fact that they may not believe they have “enough” money to invest. This book promises to allay those fears and help readers get a better view on personal......
  • folioHow to End Paycheck Reliance There are numerous ways to end paycheck reliance in your life, however some are obviously more feasible than others in terms of implementation. For example, winning the lottery is an excellent way to overcome your reliance on a paycheck to paycheck way of living, but how much can you really......
  • rcdlBeginner's Tips for Smart Investing Investing is an endeavor that can be both challenging and complicated. If you are new to investing, then you may end up paying the price if you do not know where to turn for the most reliable investing tips and investing advice out there. Fortunately for you and other beginners......

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Mortgage Home Possessions Continue to Rise

The last two quarters of 2008 have seen a steady increase in the number of mortgage possession orders reaching the county courts, and this is according to data and statistics that have been released by the UK’s Ministry of Justice. In England and Wales, there have been a total sum of 29,516 issued orders for [...]

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  • penTransUnion Reveals National Credit Card Debt on the Rise TransUnion.com, one of the three major credit bureaus, released the results of an analysis study of the trends in credit card lending specifically for the third quarter of 2008, revealing that credit card debt is on the rise. The report is one part of an ongoing series of quarterly consumer......
  • blog traffic exchangeReview: The Teen's Guide to Personal Finance: Basic concepts in personal finance that every teen should know. Time is a resource that many teenagers don't realize is their greatest resource for finacial independence. "The Teen's Guide to Personal Finance" is a tome that will provide teenagers with important financial lessons, in a manner which will pull their interest and convey itself effectively in its intended task. The......
  • mortgageIntroduction to Mortgages pt 1 of 5 The housing market is an interesting beast, because it comes and goes, rises and falls, allows some people to flourish and brings others to ruins. If you want to understand how the housing market works, you should begin with an introduction to home mortgages. This is part one in a......
  • moneyhomeSaving Money with a Government Loan Option Buying a home is part of the American dream. For more than half of a century, Americans have been set on finding homes to hang their hats. Owning a home is a sign of stability and pride. However, financing a home can be a nightmare that interrupts the American dream.......
  • foreclosureWhat We Can Learn from the Housing Crisis The housing crisis has a lot of people taking a closer look at their finances and worrying about whether they too may be at risk for losing their home. There are a lot of great lessons that can be learned from this crisis, and they can be applied to all......

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3 Credit Lessons from the Economic Crisis

Governments are meant to lead by example, regardless of whether they intend to or not. Sometimes they give us examples of what not to do as well as examples of what to do. Wall Street executives also happen to be unwitting role models to people all over the world. Still, mistakes can be made at [...]

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  • boxreceiptsBasics of Budgeting 1 For many people in this day and age, the word "budget" is spoken and immediately images of penny pinching and unpleasantly crunching numbers are conjured. Luckily for you, this could not be any further from the truth when it comes to understanding the basics of budgeting and what budgeting is......
  • marigoldsDebt Consolidation Credit cards are financial devices which their users end up digging themselves too deep with. Pay it later is too easy with a credit card. Too many users will buy stuff that is outside of their means and as such will get into trouble. Compound this with numerous cards, and......
  • phoneHow to Negotiate with Credit Card Companies to Reduce Your Debt Today's article is a guest post by Andrew Wang... With consumers facing tough times in the wake of the financial crisis of 2008, it's a good opportunity to discuss the possibility of getting your credit card debt sorted. Most people assume credit card companies care only about the profits they......
  • small businessSmall Business Financing: Taking Advantage Of Credit Cards And Knowing When To Avoid Them If you’re looking at starting a small business, you may be overwhelmed by the prospect of finding a way to fund your new venture. While there are a variety of options out there, one size does not fit all, and you’ll want to take a careful look at your own......
  • banks6 Steps to Get Back on the Right Financial Track Millions of Americans have found out this year that they are in dire financial straits and this came as a shock to most. Whether it’s a new variable rate on a mortgage, higher gas prices or just the higher cost of living, many of us are not as financially secure......

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TransUnion Reveals National Credit Card Debt on the Rise

TransUnion.com, one of the three major credit bureaus, released the results of an analysis study of the trends in credit card lending specifically for the third quarter of 2008, revealing that credit card debt is on the rise. The report is one part of an ongoing series of quarterly consumer lending analyses that are focusing [...]

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  • marigoldsDebt Consolidation Credit cards are financial devices which their users end up digging themselves too deep with. Pay it later is too easy with a credit card. Too many users will buy stuff that is outside of their means and as such will get into trouble. Compound this with numerous cards, and......
  • truthThe Truth about Credit Cards and Debt pt 1 This is part one in a two part series about credit card debt and where we actually stand as a nation when you consider the pure numbers. You have probably heard figures like "The average American carries more than $8,000 in credit card debt on average." But what does this......
  • erasedebtAvoid Relief Shortcuts or Face These 8 Bad Credit Consequences! While no one wants to be burdened under big piles of debt, no one should want to live with the potentially life-long consequences of maintaining bad credit. A popular misconception among consumers today is that the only time a person needs good credit is when they plan to get a......
  • save moneyThe Very Best Money Saving Tips Always trying to save money but somehow you always end up spending more than you save? I will try and detail my very best money saving tips for you to make use of. Saving money can be easier than many people think, but only if you go about it the......
  • pricelessDebt Repayment Methods Paying back all of the money that you owe to your credit card debt is not nearly as easy as it was for you to go into credit card debt in the first place. Still, it can be done. When you put together a good working plan coupled with discipline......

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Consumer Confidence in United States has Increased

The level of consumer confidence in the United States rose unexpectedly in November, rebounding from a record low. This surprising change apparently came as concerns about the rising rate of unemployed coupled with tumbling financial markets was alleviated by falling gas prices. The Conference Board’s index of consumer confidence suddenly climbed to 44.9, which while [...]

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  • stock-pileHow to Go Into Debt to Get Out of Debt This really sounds like the ultimate oxymoron, but one of the best ways to get out of debt is to go a little bit further in. What’s that? First, to help this make more sense, let’s clarify – if you need to get out of bad debt, going into good......
  • stocksProtecting Your Investments In Times of Economic Crisis The United States economy is currently experiencing a serious financial shake up. No one really understands just how deep or how far reaching the damage is going to be, but what we do know is that there is going to be damage, and that we are going to be at......
  • paycashGetting Rich While Paying Debt Off One of the wisest things that you can possibly do this year, if you are not already doing it, is to become debt free. Here is something that you may not currently be aware of: Gaining a control over your finances that you did not previously have could actually make......
  • bushBush Plans to Host World Summit to Address the Current Credit Crisis The United States President George Bush recently announced his intention to hold a world summit involving leaders from all around the world in order to discuss the global financial crisis in the near future. What he did say however is that any financial reform should absolutely not come at the......
  • penniesRecession Not Through With Us Yet While it may seem that the nation's economy is taking a turn for the better and strides toward the positive are being made, the recession times we have been experiencing are not exactly over. With so many people starting to regain confidence in their personal finances again with just the......

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2009 Federal Energy Tax Credits

What you may know as the $700 billion dollar bailout is actually called the Emergency Economic Stabilization Act of 2008. Much of this act probably made you feel upset and even alienated. One of the positive things that is coming from this Emergency Economic Stabilization Act of 2008, however, is the reintroduction of something known [...]

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  • harmlessSeemingly Harmless Activities May Harm your Credit Your credit score is a vital number that determines how businesses and financial institutions treat you. Everything we do financially has an effect on our score, for good or bad. What surprises many people is how seemingly minor or harmless activities can have a big, negative impact. Described here are......
  • easyWhat is the Best Credit Score? The calculations that are used to arrive at your credit score are actually based on a lot of different statistical data, and they are based on objective evaluations. You receive points based on a number of different unique credit factors. Then, creditors are going to take all of this information......
  • crunchyResisting Panic: A Quick Guide to Surviving The Credit Crunch A few years ago if you referenced the term "credit crunch", most people would be puzzled. Today barely a single day can pass without the phrase seeing consistent if not constant use in the newspapers and on television. The credit crunch is a crisis that is affecting numerous financial institutions......
  • erasedebtAvoid Relief Shortcuts or Face These 8 Bad Credit Consequences! While no one wants to be burdened under big piles of debt, no one should want to live with the potentially life-long consequences of maintaining bad credit. A popular misconception among consumers today is that the only time a person needs good credit is when they plan to get a......
  • no-moneyPersonal Finance Credit Crunch Budgets are unfortunately quite the necessary evil when it comes to managing your own personal credit crunch. Everyone is going through a credit crunch, even those who have relatively healthy credit. The only practical way to keep yourself financially stable in this volatile market is to get a grip on......

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The Mortgage Crisis and Investments in Real Estate

According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: – Interest rates that were historically low. – Flight-Risk Safety Investments for Foreign Investors hailing from [...]

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  • 2392037612_70b6f152bb_mAre ETFs a Good Way to Create Secondary Streams of Income? ETFs, or Exchange Traded Funds, are all the rage in the investment world, but so far, they really don’t have much of a track record. This is a fairly new method for investing and the long term data just isn’t there to determine how effective these investments can be over......
  • foreclosedWhat You Need to Know Before Buying a Foreclosed Property As housing prices keep falling, many people are considering getting into the property market like never before. If you are looking for an investment property, now is certainly the time to strongly consider your options. However, before you get in over your head, there are a few things you need......
  • blog traffic exchangeJuly 20th Roundup Sunday Money Madness is back again this week with more great mid-afternoon reads. Don't miss out on: Low Cost Weekend Idea: Borrow Library Videos from Blueprint for Financial Prosperity is a great idea for those who don't have Netflix and are looking to watch movies without having to go to......
  • real_estate2Get Rich In The Long-Term Housing Market -- But Be Mindful of Current Trends, Past Mistakes Although there have been recent signs of a thaw in the frozen housing market, the overall picture remains as dismal as it’s been for the last couple years: fewer people are selling homes, prices are still stagnant, and millions of homes lay shuttered and foreclosed. While a good buyer’s market,......
  • debtWhat is Debt Leverage? Leverage is a term that is often used synonymously with debt, and for this reason, it is important that people come to understand what debt leveraging actually means, and how it works in an ordinary financial transaction, such as buying a home for example. Let us suppose that you are......

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Welcome to the Carnival of Credit Report Stories

Welcome to the November 10, 2008 edition of credit report stories! Rich Credit Debt Loan is happy to host the latest edition of the Credit Report Stories carnival. We hope you enjoy the posts and find many worthwhile articles. Below are our editorial picks: Credit Karma presents Balance Needed As Credit Card Rules Experience Change [...]

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  • blog traffic exchangeSunday Money Madness - Can you buy an entire chess set in a pawn-shop? Just another Sunday roundup here at RCDL. Here's what I found interesting around the blogosphere this past week: Credit and Debt Credit Karma has a slew of excellent posts on credit, here's one I thought readers would enjoy: The Biggest Four Credit Mistakes. Stop Buying Crap writes Got Debt from......
  • blog traffic exchangeSunday Money Madness Welcome to another edition of Sunday Money Madness. The posts below are from several blogs in the financial blogosphere that I found to be well worth reading. Have a great finish to your weekend and as the summer wraps up good luck with your back to school shopping. Free Money......
  • blog traffic exchangeRoundup - Tis the Season To go shopping, hang out with friends, gather families, share food, bring laughter, and build memories. Happy Holidays! Banking, Credit, and Debt Credit Karma writes How Does Bankruptcy Affect Your Credit? The Sun's Financial Diary posts How to Use Your Credit Card without Going in Debt. The Consumerist with How......
  • blog traffic exchangeSunday Money Madness - Go for Broke Welcome to the Go for Broke edition of Sunday Money Madness. The breakdown is once again by category for easy searching for weekend reading material. Tell us what you think! Save Money | Frugal Tips: Mighty Bargain Hunter answers a Reader question: Tips for newbie collectors. Looking to fill out......
  • blog traffic exchangeRCDL Roundup - Eggnog and Carols Break out the eggnog! It's Christmas time! Credit and Debt Credit Karma presents 2009 Credit Score Tips. My Two Dollars posts this Reader Question - Keep Emergency Fund Or Pay Off 0% Balance Transfer Credit Card? New Regulation on Credit Card Unfair Practices Approved details over at Blueprint for Financial......

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Loans and the Credit Crunch

The credit crunch is a hot button issue right now, raising red flags in the eyes of consumers not only all over the United States, but also elsewhere in the world. When the economy in the United States begins to have difficulties, the rest of the world is going to feel the pain as well. [...]

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  • crunchyResisting Panic: A Quick Guide to Surviving The Credit Crunch A few years ago if you referenced the term "credit crunch", most people would be puzzled. Today barely a single day can pass without the phrase seeing consistent if not constant use in the newspapers and on television. The credit crunch is a crisis that is affecting numerous financial institutions......
  • smallWhere Do Small Businesses Go Now? Credit and money are still in really tight places, and this is absolutely no secret. What is unknown in the current economy is what small businesses should do and where they should go now. Many small businesses are finding themselves struggling and even drowning in an attempt to overcome the......
  • line9 Steps for Establishing Credit Credit is the catch all term for the act of lending money. It can take the form of a credit card, in which the lender buys the things you want and you pay them back. Loans are where you have the money given to you with the promise to pay......
  • flowerMaking Extra Money With P2P Lending Peer to Peer lending is quickly becoming one of the hottest new ways to create multiple streams of income. While there is risk involved, there are various methods that can reduce the risks that individual investors face and provide protection against non-payments. If you're looking for an potential way to......
  • securedWhat is a Secured Credit Card? If you have poor credit, or less than perfect credit, you may be excited by offers in the mail for credit cards that appear to be designed specifically for you. They promise no credit checks, excellent interest rates, no annual fees, and if you have bad credit, it's ok! But......

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