Personal Finance and Investing

I went to a yard sale this weekend that was disappointing, to say the least. Everything on sale was either broken, damaged, dirty, or trash (one half-used crayon, a moldy mattress, a shirt so faded and tattered that it would only suffice for rags, and board games missing most of the pieces and with the decals peeling or missing from the base). I was there right after the sale opened, so I know it wasn’t a case of all the good stuff being snapped up already. Making matters worse: Things were just strewn on tables and tarps on the ground without any sort of organization. N

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We would love to start a great new experiment, where everyone would catalog all of their impulse purchases for the course of one year. Everything from that cheap pack of gum to the “whatsit” that we really don’t need would have to be recorded. At the end of the year, everything would be totaled up to see just how quickly we are all nickel and diming ourselves to the poorhouse. The old saying is true, “The rich are rich because they don’t spend any money.”

So, how can you put this to work in your life, without being excessively frugal? Chances are

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When it comes to a trusted source for financial news and information, it’s hard to beat the Wall Street Journal. They have introduced a line of guidebooks on many financial topics, but for this review we’ll be taking a look at their Personal Finance guidebook. While it may be a little simplistic for the financial whiz, it is certainly a must-read for those that are still struggling with their personal finance issues, or just starting out in the world.

It should be noted that there is a companion book to this title, called the The Wall Street Journal. Personal Finance Workbook. We

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June 24th, 2010

What is a thin file?

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In the world of credit, thin is not a good thing. If you have a “thin file”, it means you have a limited or brief credit history or not enough credit accounts to generate a credit score.

Consumers with thin files often cannot pull their credit score or credit report, which also means that most lenders, issuers, and banks will reject thin file applications because they are unable to see the consumer’s credit report. Consu

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