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Fannie Mae in Need of Federal Aid
Despite mortgage buyer Fannie Mae’s mission of “providing liquidity, stability and affordability to the U.S. housing and mortgage markets”, the company reported an $8.7 billion loss for the first...
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Do You Suffer from ‘Groupon Remorse’? (via It’s Your Money)
After I watched the video clip, “Groupon, LivingSocial ‘deal of the day’ pros and cons“, which concerned the most recent version of buyer’s remorse on CBS’ “The Early Show” this morning, I searched for...
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Effect of Japan’s Earthquake & Tsunami on America’s Auto Industry
It may take some time before the earthquake and tsunami that struck Japan in March 2011 really affects America’s car industry, but when it does, here are some things you can expect to happen. Since...
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What the U.S. Supreme Court ruling of “releasing” inmates really means
The United States Supreme Court ordered a massive inmate transfer to relieve California’s crowded prisons. The Los Angeles Times stated, “The U.S. Supreme Court ruled that California must remove tens...
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How FEMA Works
The Federal Emergency Management Agency, or FEMA, has been a federal disaster relief agency since 1979. FEMA’s mission is to support our citizens and first responders to ensure that, as a nation, we...
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Do consumers spend more for moms on Mother’s Day than dads on Father’s Day?
Naturally, we love both our parents equally, but when it comes to their special days of recognition, Mother’s Day and Father’s Day, who are we spending more on? Whether it is time or money, do moms...
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Changes to California’s 529 college savings plan: What to expect
The 529 plan, implemented in 1996, it is an education savings plan operated by a state or educational institution formatted to help families set aside funds for future college costs. Fidelity...
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Five Best Ways to Save Your Money While on Vacation
Saving your hard-earned cash can be tough on vacation because of expenses such as buying fast food on the road, going to nice restaurants, doing fun activities, and paying for gas and souvenirs. You...
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How Groupon Works
Groupon is a deal-of-the-day website that is localized to major markets in the United States and Canada. The website was launched in November 2008. It was first used in Chicago, later expanding to...
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18 Types of Residual Income
When deciding how you would like to structure your personal finances with multiple streams of income and you are a full-time worker, you may wish to supplement your income with a second job. However,...
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