Archive for August, 2008

Best Credit Cards for Traveling Overseas

Aug 29th, 2008

By Heshan Demel
CardRatings.com
Foreign exchange fees on credit cards should be of keen interest to those traveling beyond the borders of the United States. Exchange rates offered by credit cards may or may not be the best rates out there. Of equal and perhaps greater importance, however, is the foreign transaction fee that your credit [...]

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U.S. vs. Asia: Personal Saving Rate

Aug 15th, 2008

As described by the Bureau of Economic Analysis (BEA), "personal saving" is the amount of money out of your income that you don’t spend and don’t pay in taxes. It’s what you can put in the bank or stock market. The personal saving rate is personal saving expressed as a percentage of disposable personal income.
Despite [...]

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My Financial Report - July 2008

Aug 5th, 2008

Net Worth
OurĀ net worth was up 2.2% (+$3,682) as we spent within our budget and didn’t travel during the Independence Day weekend. We, however, enjoyed the free fireworks display in town.
Cash Savings
I understand that I should only put money I won’t need in 5 years in the stock market. As I’m pondering about my short-term goalsĀ (possible [...]

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