January, 2010
Making The Move To Community Banks
Fed up with your "too-big-to-fail" bank? Well, you can always downsize. That's the message of the "Move Your Money" campaign, which urges big-bank customers to switch to community banks. But what's it like to actually make the switch, and could this movement ever register as more than a blip on a big bank's radar? ...
4 Tips to Living On Half of an Income
Half the income: My story
I was married for 14 years before my income was reduced to a little less than half because the marriage ended and we separated. I am relieved that I still get supported through the alimony payments. Of course, this is a bit less than half of the income I was used ...
Love and Money: Do Savers Seek Spenders?
This post is from GRS staff writer April Dykman.
Social psychologists have found that people tend to choose their significant other based on similarities—similar attitudes, values, and even similar names.
Those findings would seem to suggest that people with similar spending habits would be attracted to each other, too. But a working paper published last year found ...
Borrowing Money and Government Aid Can’t Stop Foreclosures
Foreclosures on the rise
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Despite credit cards, borrowing money and government aid, many homeowners lost their homes to foreclosure. A recent Mortgage Banker's Association survey held that one in seven home loans in the US were foreclosure or at least past due. That's the highest delinquency rate since the survey began ...
Important Information Involving Bankruptcy
Reorganization or liquidation process is what bankruptcy is referred to. Bankruptcy is finished in federal court to erase the debt that people or businesses have. People want to qualify for total debt elimination. You can pay off some of what you owe instead. Some choose to liquidate what they own. A portion of your debt ...