Oct
23
5 ways that credit card companies are evil
October 23, 2009 | 1 Comment
Credit card companies are sticking it to consumers left and right. They raise interest rates to as much as 36% and double minimum monthly payments on customers who are already struggling and low on cash.
In an effort to put them in their place, President Obama signed into law a credit card reform act in May [...]
Sep
24
Bank of America, Chase reform overdraft fees
September 24, 2009 | Leave a Comment
On Monday Bank of America and JPMorgan Chase said they will reduce overdraft fees and overhaul checking account options. Overdraft fees mean billions of dollars for banks annually, but with financial system reform in the national spotlight, consumers and lawmakers want banks to ease up on the penalties.
On Oct. 19, Bank of America says it [...]
Sep
4
More Airline Fees
September 4, 2009 | Leave a Comment
Airline fees just keep on coming. Pretty soon people are going to prefer trains and blimps. The latest trend appears to be charging some overseas travelers for checking a second bag. Continental and American have recently announced such fees.
Earlier this week Hawaiian Airlines announced that they will be charging $10 for the first checked [...]
Jun
25
Airlines Launch More Fees At Fliers
June 25, 2009 | Leave a Comment
I'll be honest. The airlines really piss me off. Everytime you turn around, they have a new fee taking a bite out of your wallet. You know, we might not mind so much, except that they can't seem to keep a damn plane in the sky lately. Which brings me to another gripe I have [...]
Nov
4
Fire Your Financial Advisor
November 4, 2008 | 2 Comments
This week I finally got around to doing something I've wanted to do for a long time. I fired my "financial advisor." Here's why you should consider it.
History
I had some 401(k) roll over money and Roth IRA. I wanted to move them to the same place for convenience. A new "advisor" had taken over my [...]