The Wesabe blog

Good reading for December 8th:

• Teaching Teamwork, but With Real Money - New York Times - “Six years ago, when they ranged in age from 5 to 15, he and his wife decided to entrust them with $5,000 each year. The children were to invest the money, which would be used for the family’s summer vacation.” FANTASTIC idea!
• The Finance Buff: Why Banks Push Debit Cards - Another excellent article from The Finance Buff. If you understand how banks are doing business, you can avoid fee traps and set yourself up to get the most (and lose the least!) from your accounts.
• Ka-Blog! — Blog Archive — Year-end financial goals - A good list of year-end financial goals, things that we should all do year-round, really.
• Lower Your Credit-Card Rates - Kiplinger.com - A *fantastic* article for people to read right now. If you get hit with a credit card rate increase, try this out and see what you can do to roll back the increase.
• Charge the Rent, but Only if You Don’t Need To - New York Times - I have to say that these types of schemes generally scare me a lot — it’s so easy to get caught out and then have a lot of debt. But, if your credit usage is under control, this is a good way to take advantage of cash-back cards
• Health Blog : Even With Insurance, Hospital Stay Can Cost a Million - How depressing is this? One of the most common reasons we here that people are in financial distress is because of a health problem eating away at savings and keeping them from work.
• Setting and Achieving Financial Goals — Get Rich Slowly - J.D.’s notes on setting financial goals.
• The Finance Buff: Unsure About Socially Responsible Investing (SRI) - An older post, but this topic comes up all the time in Wesabe’s Green Spending group. Very much worth a read.
• Exploding piggy-bank aims to scare Japanese into saving - Yahoo! News - “Greying Japan has a new weapon to scare people into saving for their retirement — an exploding piggy bank.” Um, wow.
• Big Fees for Little Credit - New York Times - “Some issuers of credit cards are ‘quietly collecting hundreds of millions of dollars in profits selling nearly worthless, predatory credit cards targeting vulnerable consumers, including those with bad credit,’ according to a report published this week b

This entry was posted on Saturday, December 8th, 2007 at 5:23 pm and is filed under random. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.