My Money

May 2012


10 Ways to Avoid Airline Fees

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According to the U.S. Bureau of Transportation Statistics, annual U.S. baggage fees and ticket cancellation and change fees continue to generate roughly $3.4 billion and $2.4 billion, respectively, for U.S. airlines. Despite this consistent stream of revenue, the airlines continue to charge ...

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TAGS:
personal finance
travel

Can Freezing a Credit Card Hurt Your Score?

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Credit card companies try their hardest to offer the latest and greatest in rewards, cash back, and other incentives to get you to sign up. When you sign up for a new card, chances are it'll replace a credit card you're currently using. What are you supposed to do with this now-obsolete card? You ...

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TAGS:
personal finance

4 Ways the IPO Will Change Facebook Forever

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Get ready for the Facebook feeding frenzy. On Thursday afternoon, the company priced its initial public offering at $38 a share, giving it a market value of $104 billion. The stock begins trading Friday on the Nasdaq.

The result for Mark Zuckerberg, Facebook employees, and early investors is clear.

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personal finance

5 Ways to Avoid Filing for Bankruptcy

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The B Word. We know what it is but don't like to say it, and we hope we never have to go through it. The mere thought of bankruptcy sends shivers down our spines and makes our bank accounts quiver in fear. It has its reputation as the ultimate nadir of personal finance.

Bankruptcy, according to ...

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personal finance

Will the Occupy Movement Embrace Prepaid Cards?

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This week the Occupy movement has zeroed in on Bank of America. The big bank has been a frequent target of Occupy’s wrath. Recall that BofA’s failed attempt to charge a $5 monthly debit card fee helped give birth to Occupy Wall Street.

As consumers continue to rage over the high cost of banking, an ...

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personal finance

7 Weird Ways to Hurt Your Credit Score

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The FICO credit score equation might be a black box, but there have been thousands of articles written about what you should and shouldn't do when it comes to your credit score. Most of them are pretty obvious—pay your credit card bills on time, don't apply for a lot of credit, and keep your nose ...

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TAGS:
personal finance
credit

6 Myths About Starting Your Own Business

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If you have an entrepreneurial spirit and are inspired to launch your own business, don’t let some common myths hold you back. Your big idea or venture may never come to life if you think that certain obstacles are standing in your way. Maybe you know someone that launched a business and failed ...

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TAGS:
personal finance

How to Finish College with No Debt

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Student loans have been in the news lately. The current brouhaha comes as interest on student loans is about to double. That sounds a bit more ominous than it really is. The rate will go from 3.4 to 6.8 percent—still quite low by historical standards. But if you are sporting $200,000 in school ...

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TAGS:
colleges
personal finance