Friday, March 5, 2010

“Business - Personal Finance - YAHOO!” plus 3 more

“Business - Personal Finance - YAHOO!” plus 3 more


Business - Personal Finance - YAHOO!

Posted: 05 Mar 2010 05:30 AM PST

PeaceInOurTime buzzed up: Violent clashes in Jerusalem, West Bank (AP)

5 seconds ago 2010-03-05T13:10:23-08:00

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Personal Finance - Scotsman.com

Posted: 05 Mar 2010 04:54 AM PST

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Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Money slipping through your fingers? Websites help track it - Fort Lauderdale Sun-Sentinel

Posted: 05 Mar 2010 11:28 AM PST

A common complaint of many consumers is that at the end of the month, they're short of money, and they have no idea of where they spent it.

That's a critical gap, because if you don't know how you're spending your money, you won't able to bring it under control.

For many consumers, what would be most helpful would be to see their entire financial life laid out before them — bank accounts, credit cards and where their money is going.

One of the most popular ways to do this is through personal finance management tools that "aggregate," or pull together, all your various accounts — at least the ones you choose to include.

The tools are like a one-stop shop for your personal financial landscape.

They also have your financial back, alerting you when you've overspent in a certain category, such as groceries, or credit cards, or gasoline.

Some personal finance management tools even track your investments and can tell you your distribution among assets classes.

"Because most of these sites are free, it really offers great tools for consumers," said Claes Bell, a writer at Bankrate.com, a personal finance Web site.

One of the most popular personal finance management tools is Mint.com. Similar products are offered online by Yodlee, Geezeo, Buxfer and Wesabe.

Mint.com's free site breaks down your expenditures into such categories as groceries, credit card payments, student loans, entertainment and fuel. It will also send you alerts telling you such things as the money you deposited is now available for use or that you've overshot your budget in a category.

And it helps you save in several areas, including on credit cards, bank accounts and investments, by analyzing how you use those products.

Another cool feature shows your total net worth by tapping into your mortgage, investment and loan information to look for updates each time you log in, so you know how much you're worth at any given time.

Consumers who use Mint.com swear by it.

"I've been using it for about six months," said John Geyerman of Mansfield. "I love it."

He especially likes Mint's free iPhone application, which enables users to see on their phones the same information that's on the Web site.

"It's like a mini portal to their Web site," Geyerman said. "I can look at each of my checking and saving accounts, and it gives me the balance."

Geyerman learned of Mint.com from his certified financial planner, Rob Schulz of First Texas Financial Services Corp. in Arlington, who touts Mint's ability to show users how much they've spent in different categories.

"The key is the transparency in knowing how much you spent in an area," he said. "That's all it takes for some people to take corrective action."

Personal finance management tools are here to stay, said Rafe Needleman, editor of CNET's Webware.com, a consumer technology news and review site.

"This is the future of online banking," he said. "The banks will start to offer them to try to lock their customers into their portal or their brand."

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Personal Finance Daily - Marketwatch

Posted: 04 Mar 2010 02:35 PM PST

Alert Email Print

By MarketWatch

Don't miss these top stories:

I'm not the first one to note that health insurers' use of the term "explanation of benefits" is an oxymoron. For my part, when I get an EOB in the mail, I scan quickly to the "patient owes" part and pretty much skip the rest.

But, what about that column detailing how much the doctor or hospital is charging? I give it a cursory glance, sure, but I have no idea how to even effect changes in that column. I mean, here's my experience with health care: I get sick, I call my doctor, the doctor makes certain decisions, and I follow her advice, such as going to a lab for a blood test.

Should I be shopping around for a cheaper lab than the one my doctor recommends? Maybe I should, if Charlie Lichtman is any guide. As he faces yet another double-digit insurance-premium rate hike, Lichtman is exploring ways to lower his own health-care costs. Read Kristen Gerencher's Vital Signs today to find out how Lichtman goes about trying to do that.

Operative word here is "trying." It's no easy task, and the chances of success, for one individual navigating a very complex system, are not high.

-- Andrea Coombes, Personal Finance editor

Socked by rate hikes and fighting back

Charlie Lichtman is on a crusade to lower his health-care costs and a quest for answers as to why they're so high in the first place. He's one of many Californians who recently received notice that his health-plan premiums were about to jump by more than a third.
See Vital Signs.

Abortion reprises role in health-care drama

As President Barack Obama's health-care overhaul heads into its final act on Capitol Hill, the issue of abortion once again may become a huge obstacle on the tough course to passage.
See Capitol Report.

CAREERS

Making your résumé stand out from the crowd

In this tight job market a lot of employers are looking at resumes wondering, "What's in it for me?" MarketWatch.com's Adrienne Mitchell tells us how to stand out from the crowd.
Listen to Radio Report for résumé tips.

Social networking aids the job hunt

If you're not using social-networking sites to find a job, you're missing out on an important, free resource. Adrienne Mitchell offers tips on how to use these sites to your advantage.
Listen to Radio Report on using social networks to find a job.

REAL ESTATE

Fixed-rate mortgages drop back below 5%

Average rates on 30-year fixed-rate mortgages fell back below 5% this week, returning to match levels seen two weeks ago, Freddie Mac's chief economist said on Thursday.
See Mortgages.

Pending home sales for January fall sharply

A forward-looking gauge of home buying declined sharply in January, dropping to the lowest seasonally adjusted level since last April, an industry trade group reported Thursday.
See Economic Report.

TRAVEL

A flier's bill of rights

Consumer protections against lost luggage, long hours on the tarmac and canceled flights are on their way, despite grumbling from airlines, Middle Seat columnist Scott McCartney reports on the News Hub.
Watch Video Report.

PERSONAL TECHNOLOGY

Wireless Internet on your TV

On Digits, technology columnist Walt Mossberg says that streaming internet video to your television is coming but not yet at a tipping point.
Watch Digits.

Sony takes on Apple

In a bid to steal away game-playing iPhone users, Sony announced they will launch a smartphone that can download and play Playstation games, Marcelo Prince reports on Digits. Plus, Walt Mossberg discusses streaming wireless video to your television.
Watch Digits.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

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