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Banking and Credit

by Credit Card Debt News
Trying to survive a sub-prime squeeze

"She fell into the boat of people who thought the value of their home would keep rising"

Bad financial decisions and poor timing have landed Alicia Cardenas smack in the middle of the nation's sub-prime mortgage mess.

Technomic Finds Tax Rebates Unlikely to Boost Slumping Restaurant Industry

"Consumers are strapped and have other nondiscretionary priorities with respect to the tax rebate checks they will be receiving. Unfortunately, it does not appear the restaurant industry will be a beneficiary of the stimulus program."

In its most recent consumer sentiment survey, researchers from foodservice consultancy Technomic, Inc., found that very few consumers plan to spend their economic stimulus checks at restaurants.

Banks' credit card bluster rings hollow

"They loan you a big amount of money that you can't take care of"

I just love it when the credit card industry threatens to take its toys and go home. via KCPQ

Ask Ronnie - May 5, 2008

"My wife is thinking about filing for social security when she is 62 in August. She's working full time now. Does the government figure her income from last January, when she files or starts to collect?"

Local money manager Ronnie Belton answers your financial questions. This week's topics: Filing for social security, 401k loans, gold bullion "My wife is thinking about filing for social security when she is 62 ...

Ask Amy

Dear Amy: My beautiful wife of seven years is a shopaholic. She can't go into a store and come out empty-handed. We have plenty of children and grandchildren between us, so there are lots of potential ... via Denver Post

One more time: How to get whacked by double taxation

In a recent column, I cautioned my readers against cashing in or taking loans from 401 accounts or other types of retirement accounts. via Twincities.com

5 Reasons You Need a Contingency Fund

As the price of gas goes up and the cash supply goes down, learn why it's important to keep some cash on hand for your family finances. via 95.5 The Fish

Empty nests start to fill up after college

"I didn't have the appropriate funds. I was searching for a career path."

When Melissa Jenkins received her college diploma last year, she was ready to get on with life - and move in with her parents.

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