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November 18th, 2008 — , Financial Security, Income Streams, Long Term, bank failures, banking, banks, biggest mistake, car market, economic hardship, economy, footing, good time, great depression, guarantees, interest payments, money, personal finance, real estate, rush, scoffing, smart investor, speculation, stock market, taking stock, taking the time, tank, ugly thing from Rich Leverage @ Rich Credit Debt Loan
While many are reacting to the news of bank failures and bailouts badly, there are a few people that are taking the time to assess the situation and figure out what they can do to stay on top, and keep their money safe. Panic is an ugly thing, especially when it involves money. Britain has [...]
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Continue reading → Keeping Your Money Safe in Economic Turmoil
October 21st, 2008 — , bad news, bailout, bank failure, bank failures, banking, company policies, credit karma, curtain, different company, doom, fdic insurance, frenzy, gaps, human nature, money in the bank, new management, personal finance, privacy rules, sev, stock market, trouble in the air, washington mutual, whirlwind, worst case scenarios from Credit Karma @ Credit and Personal Finance Blog | Credit Karma
As the news gets into a frenzy over the recent bank failures, the failed bid for a bailout and the continuing bad news about the economy, many consumers are left wondering just how these bank failures and other events will affect them personally. While there is no one answer, this is a time for caution, [...]
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Continue reading → How Will Bank Failures Affect You?
October 13th, 2008 — , Credit Crunch, Retirement, Standard of Living, bailout plan, bank failures, diversification, diversity, emergency fund, government officials, high interest, insurance policy, large portion, mattress, midst, money, new ways, pension fund, pension plan, personal finance, personal finance advisor, savings accounts, stocks, streams of income, ways to make money, whiz from Rich Leverage @ Rich Credit Debt Loan
As news of bank failures continues, and government officials are debating a $700 billion bailout plan, many consumers are starting to worry about the state of their pension plan. If you have it invested in the wrong stocks, you could end up losing it all, or at the very least, a large portion of it. [...]
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Continue reading → How to Protect Your Pension in the Credit Crunch
October 10th, 2008 — , Credit Cards, Credit Crunch, aplomb, arm mortgages, bank failures, consolidation loan, credit card debt, credit karma, credit score, critical mass, debt, doom and gloom, economic trouble, extra money, home values, housing, late payments, mortgage payments, personal finance, personal finances, rising interest rates, stock market, time interest, vicious cycle, ways to save money, whirlwind from Credit Karma @ Credit Karma
If you are paying attention to the news about the credit crunch, it is all too easy to get caught up in the whirlwind of bank failures, rising interest rates and the prospect of doom and gloom everywhere you turn. While there is no denying that we are in economic trouble at the moment, there [...]
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Continue reading → How Bad is the Credit Crunch - Really?
October 9th, 2008 — , Insurance, bank failures, bank fdic, banking, best banks, best solution, consumers, credit karma, debacle, economic state, financial institution, financial institutions, fly, food for thought, investment account, money, personal finance, radar, reputation, risk, smart idea, washington mutual from Credit Karma @ Credit Karma
As news of the Washington Mutual debacle started to trickle out, people with money in that bank began wondering if it was a smart idea to keep depositing. As a result, the overall amount of the bank’s daily deposits dropped sharply, which compounded the problem. While no one likes to think about bank failures, this [...]
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Continue reading → Should You Put Your Money in a Bank That May Fail?
October 2nd, 2008 — , In the News, bailout plan, bank failures, banking, biggest banks, chatham, credit karma, dives, early tuesday, energy prices, global contagion, good time, heating oil tanks, investment circles, mindset, monster, propane, reuters, saluzzi, stock market, term investors, term strategy, tuesday morning from Credit Karma @ Credit Karma
The big news this week was the defeated bailout plan and the stock market immediately answered by dropping more than 700 points. As investors quake and consumers wonder just how safe their money is, this is a good time to look at the bailout and what the failure really means to the rest of [...]
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Continue reading → Bailout Defeated - What That Really Means
