Just received this email from MIT, so I thought I would forward it along! __________________________________ *Global Education & Career Development Center (GECDC) and Society of Women Engineers (SWE) Present:* *Personal Finance 101* *Date: Tuesday, April 13* *Time: 7:00 PM – 8:30 PM* *Venue: Room 4-231* ** Dinner will be provided! **** Thinking about planning and [...]
Continue reading...7 April 2010
Image by herzogbr via Flickr Now that tax season is fully upon us (you’ve got about another 8 days if you haven’t already filed), there are always some latent questions. One of the more confusing questions for some people (especially if you are self employed or have significant personal investments) is why you might need [...]
Continue reading...8 March 2010
Image via Wikipedia I just came across an interesting site called CreditKarma, thanks to a close friend of mine. It’s been around for a few years, but I hadn’t yet heard about it. It offers to provide you with a quick, easy and FREE credit score, unlike other sites which cost money each time you use [...]
Continue reading...25 February 2010
Image via Wikipedia The Wall Street Journal has a pretty revealing article on changes coming to credit cards. Due to the attempts by the Obama administration to cut down on certain credit card shenanigans, the industry as a whole has responded with, guess what, more shenanigans! Read the fine print the next time you sign [...]
Continue reading...10 February 2010
Image by sburke2478 via Flickr Or if you don’t have BoA, dump your Wachovia, Wells Fargo, et. al. accounts where you are saving money at abysmally low rates for below average customer service and ATM fees. It’s insane how much control these guys have of your money. Where should you put it instead? Try your [...]
Continue reading...2 February 2010
For those of you who haven’t checked out the About section, Hapi is the Egyptian deification of the Nile flooding. I just found this hymn written to Hapi and it made me smile. Lightmaker who comes from the dark Fattener of herds Might that fashions all None can live without him People are clothed with [...]
Continue reading...21 January 2010
Image via Wikipedia There are a lot of different ways to do this, and a variety of different results will come because of it. Personally, I choose to stick to more conservative methodologies, but you can be as aggressive as you like. Here’s how I calculate the amount you need to retire: 1. Figure out [...]
Continue reading...10 January 2010
Image by Getty Images via Daylife Credit cards are 1 part genius, 2 parts evil. Credit card companies make their money in 2 ways: 1) They charge stores and merchants for the ability to even accept credit card payments in the first place- between 2% and 5% of every transaction goes through payment processors, payment [...]
Continue reading...4 January 2010
Image via Wikipedia In our last post, we covered exactly how much cash you should keep on hand. 6 months worth of expenses plus any additional known large cash outlays should do just the trick. One thing that wasn’t mentioned is that this assumes that your income is greater than your expenses. If you are [...]
Continue reading...3 January 2010
Image by Lab2112 via Flickr A question that people often come across is how much cash to keep on hand (not literally on hand, obviously. Put it in the bank). The short answer is 6 months worth of expenses + the value of any large expected cash purchases within that time frame. If you spend [...]
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13 April 2010
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