September 05, 2006
February 20, 2006
Credit card debt is a big freakin' problem - especially in America and especially within college students' generation. This weekend I found a very nifty tool to assist people in planning their attack on credit card debt. This tool is most helpful because it incorporates the time-value of money with regards to the interest rate...
February 08, 2006
Ok. There is no better time to drink beer than in college. However, there seems to be this unwritten rule – if you are in college you have to drink beer – which I think is ridiculous. However, if you are going to drink beer, do it economically.
January 24, 2006
I stumbled across some helpful software for college students. It is called BillMonk. It is an application designed to assist roommates and friends in keeping up with borrowed money. The application is based online and does not require a download. You can sign up for a free account HERE. BillMonk also supports a nifty little feature than enables users to text message any IOU’s to their BillMonk account to keep record of a transaction as it occurs. Check it out and let me know what you think.
January 23, 2006
Today I opened an ING Direct Orange Account. The Orange Account is nothing more than a savings account offered by ING Direct, an online bank. Currently, ING Direct is offering a 4.75% interest on their Orange Accounts – until April 15th. It seems almost too good to be true. ING allows you to keep your savings in a “CD” environment while providing “savings account” access. From all the reading and word-to-mouth reviews I have heard, it seems like ING is the way to go. Plus, it is FDIC insured.
January 19, 2006
Honestly, who uses cash any more? A good friend of mine once swore by it. He called the ‘universal currency’. Even after the emergence of debt cards, he was still a cash only kind of guy. These days, he swears by the plastic too. He is just one of the many credit card converts of our college generation.
In a given year, I can count the number of checks I write on my own two hands and you will rarely find me with more than $20 cash in my wallet. I feel certain that others share with me these financial habits.