Archive for March, 2009

Put your credit card to work

Tuesday, March 31st, 2009

In my previous post, I explained the terms 'balance transfer arbitrage' and 'App-o-rama'. Both strategies are risky, but there are definitely instances where an introductory rate on a credit card can be leveraged in order to give your family finances some breathing room. If you have good credit, if you ...

What is BTA and an AOR?

Saturday, March 28th, 2009

A zero percent introductory rate on a credit card is a good deal, but not necessarily a great deal. In the mid-2000's and even into 2008, 0% balance transfer cards were all over the internet and in your mailbox. Every credit card company was offering introductory rates of 0% interest. Eventually, ...

$125 Chase bonus extended to June 15th

Friday, March 27th, 2009

These $125 Chase Checking bonuses must really be paying off for J.P. Morgan Chase and Co. because they just extended the date for which you can apply for a checking account with direct deposit and qualify for the $125 bonus. They initially set April 15th as the deadline, but now ...

Friday Stack: Please step down, Mr. Geithner Edition

Thursday, March 26th, 2009

You are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning. -Andrew Jackson, President Father of the Democratic ...

Some AIG thoughts

Tuesday, March 24th, 2009

Does it bother anyone else that Congress gave $180 billion of your money to American International Group and now they are all upset about how AIG spent less than 1/10th of one percent of that money? Why are Americans angry that AIG executives received the bonuses that were included in their ...