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Last week, The New York Times had an insightful op-ed entitled “The Debit Card Trap.” I know what they’re saying. There are days I feel like my bank is a hunter, and I’m the witless animal who has just stepped into the snare trap.

The latest possible trend in banking, and I use the word “possible,” since I don’t yet know if we can call this a trend: banks appear to be changing the way they return checks that bounce. (Continue the story…)


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Looking for a simple way to make some extra cash by selling your skills to the highest bidder? If so, then the recently launched Jobpic, an online auction site for services, may be just what you’re looking for.

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Looking for a simple way to make some extra cash by selling your skills to the highest bidder? If so, then the recently launched Jobpic, an online auction site for services, may be just what you’re looking for.

(Continue the story…)


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Ken and Daria Dolan, America’s first family of personal finance, answer your questions every Friday.

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Emmanuel Saez, a professor of Economics at UC Berkeley has raised concern about income inequality in the United States. In his recent article, he stated that the income gap is at an all time high; exceeding levels during the Great Depression. His research provides us with a candid look at a telling issue.

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The ads are all over the TV and the Internet — “Turn your gold into cash!”

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The city council of Albany, N.Y., recently passed a resolution that “urges the federal government to consider forgiving student loans as part of a stimulus package for young people and to move forward on reforming the student loan process.”

Does the unanimously passed resolution change anything? No. Does Albany have the authority to forgive student loan debt? No. Is there anything even remotely newsworthy about this? Not especially. It’s a nice gesture, but that’s about it.

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Another cost to home buyers and sellers — appraisals of a home for sale — is going up, and going forward, it will likely take longer to get an appraisal done.

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The city council of Albany, N.Y., recently passed a resolution that “urges the federal government to consider forgiving student loans as part of a stimulus package for young people and to move forward on reforming the student loan process.”

Does the unanimously passed resolution change anything? No. Does Albany have the authority to forgive student loan debt? No. Is there anything even remotely newsworthy about this? Not especially. It’s a nice gesture, but that’s about it.

(Continue the story…)


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Laura McCurdy of Rhode Island wrote to WalletPop about her problem with Textbookwheel.com, a site that markets itself as a place to get cash for old college texts.

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