Monthly Archives: January 2013

Payroll tax affecting consumers (as reported by Hadley Malcolm via usatoday.com)

In the month of January, employees may have noticed that their pay check became a bit smaller. One explanation for this change is the expiration of the Social Security payroll tax, which had been cut since 2010, but rose again at the end of 2012. A recent article offers some early notions of how this […]

Tools to reduce debt (as reported by Anne Tergesen via wsj.com)

There are a number of new and free online tools to get your financial house in order, writes Anne Tergesen of the Wall Street Journal. With a growing number of Americans headed to retirement with a mortgage, there are now several resources that consumers can use to reduce and consolidate their debt. Click here for […]

New Year’s financial resolutions! (as reported by Divya Rahhavan via nerdwallet.com)

  It is a new year, time for resolutions! Many people include a financial resolution or two on their list. Check out what Nerd Wallet has compiled as some of the best New Year’s financial resolutions—you’ll find the traditional ones like paying off debt, and many others that might just give you an idea of […]

Untraditional bank proving popular with consumers (as reported by Jenna Wortham via nytimes.com)

In a time of increased regulation and pressure on banks, consumers find themselves on the hook for more fees and penalties. Simple, an online banking startup based in Portland, Oregon is looking to change that. Not only does the company refuse to charge any fees to its customers for banking products, but Simple offers customers […]

Author working to dispel financial planning myths (as reported by Sam Knight via bloomberg.com)

Sam Knight at Bloomberg reviews a new book on financial literacy that debunks the ideas of some of America’s most renowned financial experts. Despite the vast increase in financial advisers and planning resources, author Helaine Olen contends that many widespread ideas are simply false. For example, her book dispels the famous notion that forgoing that […]