The Federal Reserve issued its final rules as part of the CARD Act of 2009. Their new rules work to help protect consumers from high late fees and other penalties.
Here’s a rundown of the new rules:
You always hear from people how they saved money on this or that. That’s great and all but sometimes I wonder – Did you really save? I mean, what did you save? Did you put money into your savings? Did your wealth grow?
Let’s start with the obligatory disclaimer – this is not an encouragement nor a discouragement to buy or sell particular securities, stocks carry risk, consult a financial advisor but you don’t have to, etc. That was for that infinitesimally small segment of the population that is a) literate enough to read this post, yet b) dumb enough to do whatever a disembodied online voice suggests. There, now you can read the post absolved of any obligation to think.
With health costs rising, and with frustration over ever-higher health insurance premiums, it is little surprise that many are looking for alternatives to the types of health insurance plans we are used to. In an effort to provide more options for paying for health care, the Health Savings Account was signed into law in 2003 as part of the Medicare Prescription Drug, Improvement, and Modernization Act. It provides a way for consumers to set aside money for medical expenses, and provides a way for that money to grow tax free in an account that bears a striking resemblance to an IRA.
Do you wonder if your TV provider (Cable, Satellite, Fiber-Optic) is giving you the best deal possible?
For years credit scores were the best kept secret from consumers by credit bureaus that calculated them.
Only lenders and other credit providers knew what went into a score and how much it weighed on the score’s compositions.
But thanks to pressure from consumer groups and other government agencies, over time not only the credit score number itself has been made available to consumers, but also how the score is determined.
Knowing what affects their scores and by how much, consumers will have a better means in managing their finances.
In a previous article I talked about small steps to eat healthier.
Well, a study is out showing a possible link between certain pesticides and ADHD. The survey studied over 1,100 children between the ages of 8 and 15. Interviews with the parents determined which children had ADHD.
The findings then found that for those kids with the most frequent pesticide found in their urine samples, 20% had ADHD as opposed to 10% in kids with no trace amounts.
I'm Glen Craig - I used to live paycheck-to-paycheck, drowning in credit card debt. I turned that all around and now I build wealth rather than debt.
My goal is to make personal finance easy for you.
Join our email list (FREE) and never miss an article!
Free From Broke is for general information or entertainment purposes only and does not constitute professional financial advice. Be smart and do your own research or contact an independent financial professional for advice regarding your specific situation.
In accordance with FTC guidelines, we state that we have a financial relationship with companies mentioned in this website. This may include receiving access to free products and services for product and service reviews and giveaways.