July 2012

Should the Bush Tax Cuts Be Extended?

July 9, 2012

Today President Obama called for a one-year extension on the Bush tax cuts for the middle class. In contrast, he wants to raise the top two income tax rates from 33% and 35% to 36% and 39.6%, respectively. These higher rates would affect those making more than $250,000 a year. So here’s the big question [...]

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Is the Barclaycard Ring MasterCard’s Profit Sharing Plan for Real?

July 9, 2012

Kiplinger’s is quickly becoming my favorite personal finance and investing magazine. I find it has some very useful articles that help me manage our money and investments. Last month Kiplinger’s had an article about a new kind of credit card called the Barclaycard Ring MasterCard. In this month’s magazine, a reader named Corey wrote a [...]

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Are Housing Prices Ready for a Rebound?

July 5, 2012

Late last month the S&P/Case-Shiller housing index was released. The Case-Shiller index tracks housing costs in 20 major metropolitan areas (there is a 10-area composite as well). Between March and April 2012 prices were up, yes up, 0.7%. As compared to the prior year, they were down 1.9%. But that was a smaller decline than [...]

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Reader Question: How to Find a Good Checking Account for a Teen

July 3, 2012

A reader named Ann recently published the following question on the Dough Roller Facebook page: Why are banks not opening checking accounts for teens, even though their parents are on the account? My 16 year old granddaughter has only the option of her salary being direct deposited into a checking account or receiving a card [...]

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