May
1
How do you define fiasco? One definition might be the Economic Stimulus Payment from the IRS and the H&R Block Emerald Card. Those taxpayers who’ve filed with H&R Block and opted to get their tax refund through the H&R Block Emerald Cards are scratching their heads. Will they get their stimulus check [...]
Apr
30
TurboTax Direct Deposit Stimulus Payment Questions
April 30, 2008 | 229 Comments
Due to the large number of questions regarding direct deposit tax refunds, the economic stimulus payment and TurboTax, I’ve written another article dedicated to TurboTax questions.
What is TurboTax?
Many people file their taxes with TurboTax. I’ve always used TaxCut by H&R Block but I’m sure the services are very similar. TurboTax is software that [...]
Apr
21
PayPal is an Expensive Way to Transfer Money
April 21, 2008 | 2 Comments
Do you use PayPal? If you do business on the internet, there is a good chance you do. Many web sites accept PayPal for payment. Our small business used PayPal quite extensively in the beginning, but now we are moving away from it. Why? It’s too expensive.
Most people associate PayPal [...]
Apr
18
Prosper Increases Maximum Interest Rates
April 18, 2008 | Leave a Comment
I’m a Prosper.com lender. One of the problems I’ve noticed is the low maximum interest rates for borrowers in some states. Prosper has now fixed this problem for most states. Previously max rates had been as low as 6%. Now most states in the US have a maximum interest rate of [...]
Apr
11
Making Up Excuses to Keep Your Mortgage?
April 11, 2008 | 4 Comments
Do you still have a mortgage on your home? If you’re like most people I’m guessing you do. However, most people aren’t wealthy. There are many myths about why you should keep your mortgage. I’m going to dispel them in this article.
Before we get started, let me just say that I [...]
Apr
8
Lending Money on Prosper: What Are the Risks?
April 8, 2008 | 1 Comment
This is the 3rd post in a series of articles about Prosper.com. Prosper is a person to person lending site with an auction format similar to EBay. If you’re a lender you may want to consider the risks of lending money on Prosper before you start loaning money.
In my previous article on Prosper, [...]
Apr
7
What is Prosper and How Does it Work?
April 7, 2008 | 4 Comments
What is Prosper and how does it work? Prosper.com is a website for personal loans that allows borrowers and lenders to find each other in an Ebay style auction. I’ve been a member of Prosper for over a year. In this article I’ll tell you how Prosper works.
In a previous article about [...]
Mar
7
Will Your Bank Fail?
March 7, 2008 | Leave a Comment
I’m sure you know that your bank account is FDIC insured. This means that in the event that your bank or financial institution fails (goes out of business); the FDIC steps in and takes over the bank.
When we say bank we really mean financial institution. Because the line is so blurred [...]
Dec
30
Are Credit Unions Better Than Banks?
December 30, 2006 | 4 Comments
I was listening to the radio the other day on my way home from work and heard an advertisement for a bank, then a few seconds later I heard and advertisement for a local credit union. Then I drove by a bank and then I passed a credit union. I had been mulling [...]
