Jen landed her first personal finance assignment the week Lehman Brothers collapsed. Since then, she’s written about how to navigate through the personal finance world, from the best places to park your money to when bankruptcy might be the only option. She writes a “Stupid Bank Fee” column for bankaholic.com, and is a regular commentator on Marketplace Money for American Public Media.
Vacation should be about one thing: relaxing. If your credit cards are stolen, though, you’ll spend more time in your hotel room undoing fraud than lying on the beach sipping a drink decorated with a tiny umbrella.
Lost or stolen wallets, checkbooks, credit and debit cards make up 43 percent of all fraud cases where the person knows how their information was stolen, according to Javelin Strategy & Research’s 2009 identity fraud report.creditcards.comRead Article
Admit it: You have too much stuff, whether clothes spill out of closets, toys fill your basement or you can’t actually park your car in the garage. You’re not alone. Americans spend $20 billion per year on storage units, according to the National Storage Association.
If you’re sick of the mess, or want to stop spending money to store stuff you don’t use, sell your junk.Bankrate.com Read Article
Most home buyers need a down payment of 3.5% to 20% of the purchase price to qualify for a mortgage. A few can still get away with putting no money down through one type of government-guaranteed loan.
A few may have to come up with more than 20% to buy very expensive homes or condos in overbuilt markets burdened with foreclosures such as Miami. But most buyers will fall somewhere in between the extremes, which is good.Interest.com, April 14, 2011Read Article
If you’re receiving unemployment benefits through a prepaid debit card, you’ve got to pay close attention to the fees you’re being charged to access that money.
A recent study from the National Consumer Law Center found that most of these cards are littered with what it calls “junk fees.”Interest.com, June 23, 2011Read Article