What is Debt to Income Ratio?

Photo: Images_of_Money A debt-to-income ratio, otherwise known as DTI, is the percentage of a consumer’s monthly gross income that goes toward paying debt. In simple terms, a consumer’s DTI is calculated by dividing the amount of monthly debt payments by gross monthly income. The DTI ratio is extremely important when it comes to qualifying for a […]


7 Ways to Prevent New Account Fraud

Identity Theft takes many forms. In some cases, your identity can be used to withdraw money from existing accounts or to use existing credit. One of the more difficult types of identity theft to detect, however, is called new account fraud. With new account fraud, your personal information (e.g. social security number, date of birth, […]


AMEX National Money Talk Night $100 Giveaway!

As we mentioned in our last giveaway, we’re hosting giveaways around family finances in celebration of the National Money Night Talk! For those of you who don’t know, American Express teamed up with personal finance expert Jean Chatzky to launch the “National Money Night Talk” program, encouraging parents around the country to have “the talk” […]


7 Ways To Invest in Gold

Gold investments offer an excellent way for investors to store wealth in tough economic times. Investors looking to buy gold will find that there are numerous options available, depending on an investor’s goal. The seven most popular gold investing options are listed below. Physical Gold Investors who invest in physical gold will most often select […]


What is Tax Form 1040 Schedule A?

If you’ve always filed your taxes with a 1040EZ, you may not be familiar with the Schedule A.  This is the schedule that allows you to take an itemized deduction, rather than the standard deduction for the year. The schedule walks you through possible deductions you can take on your taxes. (Filers using a 1040EZ […]


The Bottled Water Industry is Out of Control

Over the past ten years, the global bottled water industry has taken off; however sales and profits have slumped amidst the global recession. Following double digit growth at the beginning of the decade, bottled water volume declined by 1.0% in 2008 and by 2.5% in 2009. These declines took producers’ revenues down with them. Bottled […]