The Rule of 72

Finance 101

I’m a huge fan of math tricks, especially when it makes solving complex issues just a little bit easier. There’s a great trick that can be used to easily figure out how long it will take compounding interest to double your investment: it’s called The Rule of 72. This is an easy trick. You simply [...]

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Credit Repair For Sale: Just Say No

Loans and Credit

We will clean your credit up, no matter how bad it is. Bankruptcies, bad loans, judgments and liens – we can remove it all. You’ve probably heard lines similar to this before. Maybe you heard it on the radio, maybe you saw a commercial on television, or maybe you saw an ad online or in [...]

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Fix Up Old Furniture and Save Your Funds

Miscellaneous

Today we’re featuring a guest post from moneybargainideas.com. In a difficult economy, there are many creative ways to save money that don’t necessarily require searching for discounts or clipping coupons. For example, do you have a beloved, but old chair that’s starting to look a little rough around the edges? Maybe a flea market find [...]

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Fighting a Crisis of Confidence

The Economy

Many people have been comparing the current economic crisis that we’re facing to that of the Great Depression. While we are seeing some similarities between the Depression and the economic crisis of today, they are largely a different beast. In fact I’d like to argue that while the Great Depression seemed to have been largely [...]

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Determining Your Future Return With A Fixed Income Investment

Finance 101

If you’ve ever wondered how much money you’ll have at the end of a certain amount of time after investing in a fixed-income investment then this formula will come in quite handy. It’s called the compound interest formula and is actually quite easy to work with. Future Return = P(1 + R)^T Don’t be intimidated [...]

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What Would You Tell The Grad Student with A Loan Maturing Soon?

Loans and Credit

Ann R. writes: I have a 5 year fixed rate mortgage loan that will be maturing April 1, 2009. The current balance is $20,500 and the rate is 6.75%. I am no longer living in the property and have been renting it for the past three years (same tenants) and I resigned from my job [...]

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I Need Your Help

Miscellaneous

I’m at a loss for words here. As you may have noticed I’ve lost most of my recent posts (within the past month and a half) due to some wordpress malfunctions and a little bit of being too hasty on my part. I am really bummed about losing so much of my hard work so [...]

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