For homeowners over the age of 62 looking for extra cash, the option to cash in on their home equity may seem like an appealing option. A reverse mortgage is a type of home loan that allows a homeowner to convert their equity into cash that can be used for additional income. Many people who  … Read more

In 2007, the minimum wage was increased from $5.15 to $5.85 per hour, the first increase in over a decade. The intent was to facilitate job growth and lower the unemployment rate for less skilled workers. Last week, a group of economist pleaded their case to Congress advocating for yet another raise in minimum wage.  … Read more

People are strapped for cash these days and with banks becoming increasingly stringent on giving out loans, more people are turning to payday loans for help. They offer quick cash with often very little hassle in terms of application and receipt of the loan. The terms of such loans are vague and often down played  … Read more

Small businesses aren’t the only ones hurting in this fragile economy. Non-profit organizations have been feeling the pressure increase over the past few years. In 2008, charitable donations began to fall about 3% each year, a significant amount in an industry whose consumers have very little resources.  Food pantries and clothing donation stores have been  … Read more

Selling your used car at a dealership has always been a negotiation nightmare. Rarely, would a dealership buy your used car for a fair value, and forget getting anything close to the value listed in Kelly Blue Book. Dealerships are always trying to make money and, to do that, they must pay bottom dollar for  … Read more

Netflix and local cable’s Video On-Demand movie services have become increasingly popular over recent years, as they allow consumers to watch movies without leaving home.  These in-home movie services, have given Blockbuster movie stores a run for their money the past few years. Blockbuster was recently sold to Dish Network in a bankruptcy auction for  … Read more

What’s the deal with airline fees soaring higher each year? Not only is the cost of the ticket itself rising, but added fees for baggage is also climbing. We now have to pay extra for heavy luggage, carry-on bags, to occupy an aisle seat or whether a ticket was changed .  Passengers arrive at the  … Read more