Category Archives: Q&A’s

Oprah’s Debt Diet: What It Is and How You Can Benefit from It

In February 2006, Oprah Winfrey challenged her television viewers and all other Americans to get out of debt. If you are currently suffering from debt than you know that it is difficult to overcome. That is why Oprah and a number of financial experts developed the Oprah Debt Diet. Oprah’s Debt Diet includes a step-by-step [...]

Also posted in Q&A's | Comments closed

Why Prepare For Retirement?

Time goes so fast that some people are caught unaware that life has caught up with them. These people have been very busy taking care of their families that they have forgotten how to prepare for their future especially when they become too old to work. Every person should prepare for that time when they [...]

Also posted in Q&A's | Comments closed

Why is it so hard to get ahead?

My grandfather bought his house for $6,500. He had no retirement after 20+ years of working for the same employer. They gave him $100 each month in lieu of a retirement check. He saved more than $200,000 over the course of his life. My grandfather clearly had respect for money. Our culture today has lost [...]

Also posted in Q&A's | Comments closed

If I Cash In Savings Bonds Can I Pay My Wife's Student Loans Off And Get A Tax Credit?

I have a bond worth $12,000(10,000 face) and she has $12,000 in student loans from tuition from 2004. I know that you can avoid paying taxes on the interest you make on bonds if you use it to pay tuition for secondary schooling. Does it still apply for loans that are a couple years old? [...]

Also posted in Q&A's | Tagged , , , , , , | Comments closed

How Long Does It Take When The Feds Cut Interest Rates For Your Bank To Pass The Savings On To You.?

I haven tseen the rates drop in over a year now. Have any of you run into this too?? I would like to refinance if / when they lower the rates.

Also posted in Q&A's | Tagged , , , , , , , , , | Comments closed

Can I Use A Savings Card To Purchase Items Online?

Or do I need a credit card to purchase things via the internet?

Also posted in Q&A's | Tagged , , , , | Comments closed

Finding Out Who Purchased A Savings Bond And Who Cashed It?

I don’t have the numbers, but I know who purchased them (my grandfather). Is it possible to find out who cashed them? They were either stolen or lost a couple years back and I was wondering if there is a way to trace this? Find out what the numbers were? Any help is appreciated. Thanks.

Also posted in Q&A's | Tagged , , , , | Comments closed
  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.