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Yielding Wealth | Personal Finance

Archive for the ‘News’ Category

July 18th, 2008

Barack Obama: Boost Our Infrastructure, Boost the Economy

Right now, there is a lot of focus on the economy, and on how the economy affects personal finances. This is a Big Deal in this year’s election. The major presidential candidates, Barack Obama and John McCain, are bending over backward to convince us that each of them has the right idea when it comes […]

By miranda -- 4 comments

July 17th, 2008

Money Saving Tip: Get a Discount Credit Scores and Reports at MyFico.com

While it is nice to get an occasional free credit report or free credit score, getting all three credit reports from the major bureaus at once, complete with credit scores, can get a little pricey. If you are interested in getting all three credit reports and scores in one fell swoop, you can get Credit […]

By miranda -- 0 comments

July 15th, 2008

Ben Bernanke: Economic Risks Remain. President Bush: Don’t Panic.

Today, Federal Reserve Chairman Ben Bernanke went before Congress and testified that economic risks remain. Indeed, departing from his usual, “the economy is on the road to recovery” line, Bernanke made it clear that he is uncertain about a great deal in the economy. He also pointed out that inflation is a very real concern. […]

By miranda -- 0 comments

July 15th, 2008

Don’t Panic! Most Banks are Safe. Probably.

Yesterday, what with the news that the weekend had yielded plans to keep Fannie Mae and Freddie Mac from complete insolvency and that IndyMac was open again — run by the FDIC — after the government shut it down, people are starting to wonder how safe their money is in a bank.
The good news is […]

By miranda -- 0 comments

July 9th, 2008

Consumers Spending Less

After a brief spurt of spending in May (thanks, no doubt, to economic stimulus checks), it appears that consumers are starting to cut back again With gas prices what they are, many are spending less at the store and going back to the old “recession diet.” Indeed, it appears that purchases that would have been […]

By miranda -- 0 comments

July 1st, 2008

Can Prepaid Gas from MyGallons.com Save You Money?

A couple of years ago, when we were worried that gas might (gasp!) reach more than $2.50 a gallon, there was talk about prepaying for gas through a card, or for buying gas through such organizations as Gas Bank.
Back then, we though it would be the height of ridiculousness if gas prices cracked the $3.00 […]

By miranda -- 15 comments

June 6th, 2008

Jobs Data Shows Increasing Unemployment

Jobs data was reported this morning, and the verdict is in: Increasing unemployment is the trend. The Wall Street Journal reports on unemployment:
The U.S. unemployment rate posted its sharpest one-month increase in 22 years last month, suggesting U.S. consumers already facing a housing slump and soaring gasoline prices now confront growing pressure from a weakening […]

By miranda -- 1 comment

May 27th, 2008

Getting the Economic Stimulus Check Earlier Than I Thought

We received a notice over the weekend that our economic stimulus check should arrive “by May 30.” This is very exciting for me, since I figured we wouldn’t see the thing until sometime in July. I’ve always been the primary filer (since I make most of the $$$), and the last two numbers of my […]

By miranda -- 4 comments

May 27th, 2008

Want Lower Gas Prices? Pray for Them…

With worries about a recession coming in the midst of higher oil prices, it has come to my attention that my 5 tips for saving money on gas is missing something: Prayer. That’s right. We should be praying for lower gas prices. The Baltimore Sun has this story about one man’s quest to get God […]

By miranda -- 8 comments

May 21st, 2008

Oil Prices Keep Climbing: 5 Tips to Save Money on Gas

Oil prices breached $130 a barrel this morning. Yesterday they prompted a sell-off on Wall Street. And across the country they are affecting people’s every day activities.
But why are oil prices climbing? Didn’t the Saudis up production at the request of President Bush? Isn’t the US going to stop stockpiling? Shouldn’t this supply help keep […]

By miranda -- 12 comments

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