J.C.’s Money Blog

Quitting your job has adverse effects on your net worth and I have the data to prove it:

Click on the thumbnail for a better view.

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I noticed ING Direct quietly lowered their interest rate on savings accounts once again. About a month ago, I speculated that this would happen, because their rate was higher than the Fed’s discount rate. At 3.1% APY, they are just slightly above the Fed’s rate, so I imagine they will stay at […]

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I just set up my Microsoft Money file to tally up my spending for the month. Ouch! I estimated I could live on about $500 this month, but after only 12 days, I have already managed to spend over $500. I had some unexpected expenses to the tune of about $150, and I also blew […]

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I have a Bank of America Keep the Change savings accont. If you don’t know about it, it works as following: You need a checking account and a savings account with Bank of America. When you enroll in the program, every time you make a purchase with your debit/ATM card, the amount charged is rounded […]

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Oh man, now that I am back in the States, I can feed my bad habit of watching the Suze Orman Show on CNBC. Her advice, while generaly very sound financial advice, is completely predictable and she delivers it in the most annoying, obnoxious fashion, which is kind of like listening to someone scratch their […]

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Oil prices are running at nearly $100 a barrel, which means gas prices are high as well. Besides working on increasing fuel efficiency and cutting back on driving, there is another solution to make gas prices less painful: hedge them.
By finding an investment that increases as oil or gas prices increase, you can eliminate the […]

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