Zombie Debt, Graveyard Markets and More!
Here’s a little Friday fun, Halloween edition, for your enjoyment.
ZOMBIE DEBT
Zombie debt is about the worst kind of bad debt you can have. Sounds pretty scary, but that’s only because it is!
Zombie debt is debt so old the borrower has forgotten all about it. This type of debt is usually given up on by the [...]
Free Money & Financial Advice for Teens.
Did you know that the Federal Deposit Insurance Corporation (FDIC) has a program to help teens (ages 12-20) learn the basics of handling their money and finances? Neither did I.
The program is called Money Smart for Young Adults.
The goal is to provide the knowledge that teens and young adults need about personal finance, but rarely [...]
FDIC Failed Bank List: 16 and counting.
According to the FDIC list of bank failures, there have been just 16 for 2008 (as of October 24th).
Here’s the list for 2008:
Alpha Bank & Trust, Alpharetta, GA October 24, 2008
Meridian Bank Eldred, IL October 10, 2008
Main Street Bank, Northville, MI October 10, 2008
Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park [...]
4 Insurance Tips for Young Families.
I was trolling around the Internet yesterday and found these insurance tips from the National Association of Insurance Commissioners. I happen to be the patriarch of a young family myself, so this info caught my eye, but I know a lot of readers of this blog are also 30 somethings with young children and I [...]
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