Free From Broke

A Personal Finance Blog for Regular Folks

Glen Craig

Google Wallet and the New Wave of Paying for Things

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Imagine going to a store or a restaurant and you forgot your wallet or purse.  No credit cards.  No cash.  No problem!  Whip out your cell phone, enter your pin, tap, and paid.  “What,” you say?!?

Google introduces Google Wallet

Google is revolutionizing the way that we pay for things.  Google has introduced a new application available on your phone that turns your phone into your digital wallet and gives you an alternate form of payment.  This will allow shoppers to pay for groceries or a new outfit at the mall with their mobile device.
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Credit Sesame Review – Free Credit Score and Monitor Loans and Debts

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There are no shortages of businesses that want to help you manage your debt.

Debt is something we all want to have less of and there are certainly a lot of companies out there that make a variety of claims when it comes to helping you out. 

Credit Sesame is another company that makes numerous claims but this company truly is the real deal.

In addition, Credit Sesame doesn’t just focus on band aid solutions; they take a holistic look at your financial situation and make suggestions that are long-term, not quick fixes.  See more below in this Credit Sesame review. [Read more…] about Credit Sesame Review – Free Credit Score and Monitor Loans and Debts

What is Private Mortgage Insurance and Why do you Need it?

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Private mortgage insurance (PMI) is an insurance policy required by a lender that a borrower must purchase if the borrower has less than 20 percent or more in down payment when purchasing a home. The lender is in a safe position against default when the lender’s investment is 80 percent or less of the home value.  Private mortgage insurance is included in the monthly mortgage payments.

How does the borrower benefit from private mortgage insurance?

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Can Your Loved Ones Inherit Your Debt?

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There is an alarming trend that shows more and more people are carrying their debts into retirement with them. Some of these people are intentionally increasing their credit card debt with no plans to pay them off.  Their reasons vary from necessities of life to vacations and everything in between, but this leaves their loved ones with a question that needs answering – can family members inherit debt?
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How to Avoid Free Trial Scams and What to Do if You Suspect You are a Victim

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With the economy still stuck in limbo, many people have been looking for a way to save money and cut back where they can. Couponing has had a boost in popularity lately, and deal websites like Groupon and Living Social have been thriving.  Along with these trends, people have been increasingly signing up for free trial offers.  “Try before you buy” has allowed many consumers to give a product or service a test drive before purchasing.  As sweet as that sounds, the FTC has some concerns and want you to be aware of potential scammers, taking advantage of you.
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