CIT Bank Review: Money Market 1.85% APY, 11-Month No Penalty CD 1.85% APY, 12-Month CD 2.50% APY

Rates updated 7/4/18, added 1-year CD. CIT Bank (not to be confused with Citi Bank) is an online-only bank with a multi-year history of competitive rates. They don't offer a checking account, so they focus on savings products with high interest … [Read the rest]

Ally Bank 11-Month No Penalty CD Review: 1.85% APY for $25k+

Rates updated 7/2/18. Ally Bank raised the rate on their 11-month No Penalty CD and as well as other savings products. If you have older No-Penalty CDs, you may want to take advantage of this higher rate. Here are the new interest rates for the … [Read the rest]

Chase Bank $500 Bonus 2018 – $300 Total Checking + $200 Savings

Update with my experience. Just a quick note that I opened both the Chase Total Checking ($25) and Savings ($15,000) as directed below in March 2018. Direct deposit completed in April. $300 checking bonus received in April 2018 and $200 savings … [Read the rest]

Chase World of Hyatt Credit Card Review – 60,000 Bonus Points

Chase has launched a new Chase World of Hyatt card, which replaces their previous Hyatt co-branded card. There is a sign-up bonus of up to 60,000 Hyatt points and a $95 annual fee. Here are the highlights: Earn up to 60,000 bonus points - … [Read the rest]

Reminder: Don’t Put Too Much Employer Stock Into Your 401(k)

Every time a large corporation stumbles, you will see something along these lines: Having Too Much Employer Stock in Your 401(k) Is Dangerous. That doesn't prevent it from being solid advice. The best advice bears repeating. Why? If your … [Read the rest]

Amazon Prime + Whole Foods Additional 10% Off Discounts Now Nationwide

Amazon Prime members are now able to get an additional 10% off on "hundreds" of Whole Foods sale items at locations nationwide. Look for the yellow sign below. They had been rolling this out gradually, but it is now nationwide as of 6/27/18. … [Read the rest]

US Housing Market Breakdown Chart

I don't have any clever observations to share along with it, but the WSJ Daily Shot shared an interesting breakdown of the US housing market. Occupied or Vacant, Owned or Rented, Mortgage or Not, Negative Equity or Not, Foreclosure or Not, and so … [Read the rest]

Evicted: Low-Income Tenants and Landlord Economics in Milwaukee

Evicted: Poverty and Profit in the American City by Matthew Desmond follows eight different families who struggled to pay rent in poor areas of Milwaukee, Wisconsin. Around the time of the 2008 financial crisis, the author lived in the same units … [Read the rest]

Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® Review – 60,000 Bonus Miles

The Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®, from our partner Citi, has updated the offer on their co-branded American Airlines credit cards.  Here are the updated card highlights: For a limited time, earn 60,000 American … [Read the rest]

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Review – 70,000 bonus miles

The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®, is running a limited-time offer on their co-branded American Airlines credit cards. Here are the details: Designed for businesses For a limited time, earn 70,000 American … [Read the rest]

Social Security Trust Fund: Income vs. Expenses

You may have read recently that the Social Security Trust Fund is starting to shrink, and that it is projected to run out of money in 16 years. (Medicare's trust fund is projected to run out in 8.) This is not the same thing as Social Security … [Read the rest]

Retirement Nest Egg Calculators: Running Out of Money vs. Running Out of Time

If you have researched retirement at all (early or otherwise), you've probably ran across various retirement calculators online. You input how much money you have (or plan to have), your asset allocation, and it spits out some numbers. This … [Read the rest]