+ The AARP BULLETIN provides a good review of reverse mortgages in “Making Your House Work”. Jim of BLUEPRINT FOR FINANCIAL PROSPERITY also discusses the issue in “What Is A Reverse Mortgage?”.
Speaking of the association for retired persons, AARP can now join AARP as this year marks the 50th anniversary of the organization.
+ Chris Pummer’s column “Shades of Green” at MARKET WATCH brings us some disturbing news with “Cracking the Whip: Credit-Card Issuers Sock Late Payers with 30%-Plus Default Rates”
Chris reports that, “Faced with mounting account delinquencies, major U.S. banks are penalizing credit-card customers late on payments by hiking their accounts to maximum default interest rates of 30% and more -- even those with good credit records”
+ Here’s a good idea – start 2008 off right by setting up an automatic savings plan. Jeremy Vohwinkle of ABOUT.COM: FINANCIAL PLANNING tells you how in his post “Make Saving Automatic”.
+ MARKET WATCH reports that “Treasury Plans Social Security Debit Card”. According to the article –
“The Direct Express debit card, set to be announced today, will be introduced in a handful of states this spring and rolled out nationwide by the end of the summer. Dallas-based Comerica Inc.'s Comerica Bank has been selected as the card issuer for the program, which is targeted at Social Security and Supplemental Security Income recipients who don't have a bank account.”
I am not quite aboard with this new idea. I am concerned that this creates another card that can be stolen. SS beneficiaries with a bank account can have their check directly deposited and then use their bank’s own debit card. And it also creates additional bank processing fees for seniors. I can, however, see a possible benefit for recipients who do not have a regular bank account.
+ I noticed a headline on my Comcast home page on Monday that indicated that Britney Spears may not have been pleased with jury consultant “Dr Phil” sticking his nose in her business.
McGraw was correct when he said that Ms Spears needs professional medical and psychological help. However what she does not need is for Phil to try to pull a “Pat O’Brien” and exploit Britney’s woes to get himself another truly unnecessary prime time special.
TTYL
Speaking of the association for retired persons, AARP can now join AARP as this year marks the 50th anniversary of the organization.
+ Chris Pummer’s column “Shades of Green” at MARKET WATCH brings us some disturbing news with “Cracking the Whip: Credit-Card Issuers Sock Late Payers with 30%-Plus Default Rates”
Chris reports that, “Faced with mounting account delinquencies, major U.S. banks are penalizing credit-card customers late on payments by hiking their accounts to maximum default interest rates of 30% and more -- even those with good credit records”
+ Here’s a good idea – start 2008 off right by setting up an automatic savings plan. Jeremy Vohwinkle of ABOUT.COM: FINANCIAL PLANNING tells you how in his post “Make Saving Automatic”.
+ MARKET WATCH reports that “Treasury Plans Social Security Debit Card”. According to the article –
“The Direct Express debit card, set to be announced today, will be introduced in a handful of states this spring and rolled out nationwide by the end of the summer. Dallas-based Comerica Inc.'s Comerica Bank has been selected as the card issuer for the program, which is targeted at Social Security and Supplemental Security Income recipients who don't have a bank account.”
I am not quite aboard with this new idea. I am concerned that this creates another card that can be stolen. SS beneficiaries with a bank account can have their check directly deposited and then use their bank’s own debit card. And it also creates additional bank processing fees for seniors. I can, however, see a possible benefit for recipients who do not have a regular bank account.
+ I noticed a headline on my Comcast home page on Monday that indicated that Britney Spears may not have been pleased with jury consultant “Dr Phil” sticking his nose in her business.
McGraw was correct when he said that Ms Spears needs professional medical and psychological help. However what she does not need is for Phil to try to pull a “Pat O’Brien” and exploit Britney’s woes to get himself another truly unnecessary prime time special.
TTYL
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