MyBankTracker Blog - Page 11

MyBankTracker's Simon Zhen tested out the P2P Lending Club and is intrigued by what he found there. There is lots of high risk and return in p2p lending.

Dream big, they say. Tell that to all the cynics who’ve abandoned the conventional money wisdom that we’ve relied on to plan our finances. Thanks to the financial crisis, those lofty money goals appear more and more difficult to achieve,...

Parents can apply for loans as part of a student’s financial aid package. Loans taken out by parents are the sole responsibility of the parents, not the student. There are usually no cumulative limits to the loans that parents can...

The way you spend your money could have consequences when tax season comes around. If you know the ways your specific spending may result in tax consequences, you can make plans that will help you prepare for your taxes and...

There are three general categories of loans available to students: student loans, parent loans, and private loans. Student loans include federal loans in which the students signed on as borrowers. Two of the most popular federal loans are the Stafford...

I graduated from college with a Bachelors of Science degree in Computer Information Systems.

Financial gurus recommend keeping 3 to 6 months of living expenses, if not more, available in an emergency fund for life’s unexpected expenses. But, there is rarely a one-size-fits-all solution for personal finance problems, and it is quite possible that...

Learn how FHA mortgage is great for first-time home buyers and those with marginal credit, but it's not for everybody. See here if an FHA loan is right for you.

Work smarter, not harder. Take advantage of the many free resources available and follow these tips for a pain free and money saving job hunt.

Find out whether you have to worry about paying the gift tax when you give a large sum of money or a valuable asset to someone else. Learn how the IRS perceives these financial gifts and how you have to...

Losing your job can be devastating. Protect your finances with this 10-point financial recovery plan that shows you what to do when you get laid off.

Many consumers who’ve finally decided to become serious about clearing their credit card debt often run into this dilemma – the decision to pay off the cards with smallest balances first or the cards with the highest APRs first. In...

When most people hear the word frugal, images of dirt cheap prices and big sales and bargains come to mind. However, frugality is more than just spending as little as you can when making a purchase...

Your employer pays you and you pay your bills – with very little left for yourself. In order to build what savings you possibly can, you have to ‘pay yourself first’. For many hard-working people, the ‘savings mentality’ is to...

Men and women are not always on the same page when it comes to financial management. In a survey by the wealth management unit of PNC Financial Services Group, results showed some large discrepancies between genders with regard to the impact of the...