The Federal Reserve Approves Sweeping Credit Card Reform

The Federal Reserve yesterday approved final rules aimed at protecting consumers by prohibiting certain unfair acts or practices by credit card issuers. The new rules were adopted under the Federal Trade Commission Act, and similar rules were concurrently adopted by the Office of Thrift Supervision and the National Credit Union Administration. The good news for […]


Starting a Business During a Recession–A Real Life Story

This post comes from good friends of mine who recently designed, manufactured, and are now marketing an educational board game that helps children learn to read. Through this article and a few more to come, they will share with you their experiences running a business. Have you ever had an intriguing business idea? How many […]


Discover More Card Review

Updated: The Discover More Card is no longer offered by Discover. It’s been replaced by the Discover it Credit Card. I recently took advantage of a 0% balance transfer offer on the Discover® More® Card. Because I take advantage of just about every balance transfer opportunity I can find, I’ve gotten to know the websites […]


Morningstar User Guide

Morningstar is the premier destination for investment research, news, tools and analysis. Whether you invest in individual stocks, mutual funds, ETFs, derivatives or even hedge funds, Morningstar can help make you a smarter (and richer) investor. I’ve been a premium member of Morningstar for a long time, but even its free level of membership offers […]


How to Set SMART Financial Goals

There is only one thing worse than not setting financial goals–setting ineffective financial goals. A perfect example of a worthless goal is, “I want to achieve financial freedom.” While it may sound good, we don’t know what financial freedom is, so how will we know when we have arrived? A slightly better goal is, “I […]


Carnival of Money Stories Edition No. 88