Archive for May, 2008

5 Tips to Avoid Check Fraud

Published by Dan on May 21, 2008 under Personal Finance

Frank Abagnale, the guy whose life was made into a movie called Catch Me If You Can shares 5 tips to avoid check fraud. He should know, he was one of the most successful check fraudsters of all time.

Americans’ Money Worries Growing

Published by Dan on May 16, 2008 under Personal Finance

According to the LA Times,

Across the country, Americans struggling with rising food and energy costs are more worried about their personal finances than at any time since the early 1990s

It’s no wonder with the rising cost of fuel and food along with the slump in the housing market that people are feeling the pinch. What concerns me is how long this is likely to last. If fuel prices continue to go up, unemployment rates increase or the housing market continues to tank, we could be in for a full on recession.

(via LA Times)

Personal Finance Literacy

Published by Dan on May 1, 2008 under Personal Finance

The Y generation is broke because many don’t understand basic financial principles like budgeting, interest rates and taxes.

I was curious how I stacked up, so I took a financial literacy test I found on the Kiplinger forums.

I got a 27/30. The average was 21.

Take it and see how you do.