The Federal Open Market Committee (FOMC) – a bunch of smarty-pants from the Federal Reserve Board and Federal Reserve Bank – meet eight times a year to talk about money issues, one of them being the federal, or “fed,” funds rate. The fed funds rate is the rate at which banks lend money to one [...]
Archive for September, 2009
What the Heck Is the Fed Funds Rate and Why Should I Care?
September 23, 2009Fed Leaves Key Rate Unchanged, Sees Signs of Economic Improvement
September 23, 2009The Federal Open Market Committee, aka the “Fed,” announced today that it will keep its fed funds rate at the 0% to 0.25% target range. The fed funds rate is the rate at which banks loan money to one another and may impact the interest rates on your credit cards, savings accounts, short-term loans (like [...]
55 Money Saving Tips (Your Wallet Will Thank You)
September 14, 2009Whether you’re strapped for cash or feeling comfortable, we could all stand to make a few tweaks to our personal budgets. Save more, save faster and save smarter with these money saving ideas: 1. Pay yourself first. Save money without thinking about it. Set up direct deposit into a savings account and watch your nest [...]
Free Credit Report & Free Credit Score Websites: A Comparison
September 10, 2009Check it out: According to Wikipedia, Quizzle.com is the ONLY website that offers both a free credit report AND free credit score, no catches, no trial subscriptions, no credit card required. Click Chart for A Closer Look Quizzle is also the ONLY site that doesn’t ask you for your Social Security Number. That’s right, keep [...]
Best of Home, Money & Credit – Week of Aug. 30
September 4, 2009Here’s this week’s roundup of the most interesting articles and blog posts about your home, money, credit and life from the Quizzle Twitter page: Credit Reports, Scores & Cards 7 Ways to Improve Your Credit Score (Quizzle Blog) Good credit opens the door to better interest rates, lower payments and ultimately, money in your pocket. [...]
7 Ways to Improve Your Credit Score
September 1, 2009Big changes are coming. The bulk of the new Credit CARD Act provisions go into effect in February, which may change the way many of us use credit. While some consumers will benefit, others may find it difficult to access credit at all. In fact, a few credit card companies have already begun cutting off [...]
Best of Home, Money & Credit – Week of Sept. 20
September 25, 2009Friday’s here (yippee!) and so is your weekly roundup. The most interesting articles and blog posts about your home, money, credit and life straight from the Quizzle Twitter page: Credit Reports, Scores & Cards 6 Credit Card Traps to Avoid Now (Smart Money) Rates, fees and awards – Oh my! Don’t get stuck with a [...]