The 10 Largest Banks in the World

Although signs of recovery appear to be on the horizon, the financial crisis continues to plague the global banking system.  Banks are being shut down on a regular basis and interest rates continue to fall, making it harder and harder to find a reliable and trustworthy bank, that also has a high savings account rate. […]

OptionsHouse Launches Two New Free Trial Services

When it comes to online discount brokers, offering free-trials is not commonplace.  Most discount brokers simply don’t have services that charge monthly fees but OptionsHouse does.  To prove that their services are worth the money they cost, OptionsHouse is offering their coaching service, as well as a subscription to two Morningstar newsletters, free for 90 […]

The 10 Most Expensive Homes in the World

During a time when many of us are struggling to make monthly mortgage payments, the idea of living in or maintaining one of the world’s top ten most expensive homes is difficult to fathom.  Nevertheless, for ten “lucky” individuals, their homes serve as their playgrounds, boasting luxuries and unique amenities.  Below is a brief description […]

What is Social Security?

Have you ever wondered how Social Security works?  It’s actually a somewhat complex system established by the 1935 Social Security Act due in part to the Great Depression.  President Franklin D. Roosevelt wanted the Federal Government to assist the elderly during their retirement years and establish aid for the disabled and survivors benefits for spouses […]

How I Survived a Gambling Addiction

If you’ve read around other personal finance blogs, you can sometimes catch a glimpse into their lives with a sentence here and a sentence there, but the best post I’ve ever read was written by Lazy Man and Money.  One day, for whatever reason, he decided to tell his mother for the first time what […]

Thinking of Refinancing? Better Read This First

With mortgage rates at historic lows, we’ve been looking into refinancing our home loan. We have 24 years left on a 30-year fixed rate mortgage at 5.625%. I called Wells Fargo and for what’s called a super conforming loan, we can refinance down to 5% for 30 years. So should I refinance or not? The […]