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How Does Ally Bank Make Money?

Banks often get a lot of crap for poor judgment, a lack of customer service, and thoughtless business moves but we often forget that a majority of people use banks for free. There is no fee for a majority of the checking and savings accounts out there. These banks host our money, insure it up [...]

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Catching Up on Investing Posts

Getting your finances to the point where you’re regularly investing income in an IRA or 401(k) is the last 15% of dominating your finances. Over the past 11 months I’vewritten a handful of posts about investing, and year 2 of FF will dive in to this topic even more. In the meantime, here’s some of [...]

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The 401(k) Beginner’s Manual

401(k) seems like a scary grown-up word that only stuffy businesspeople who work 65 hours a week and read The Wall Street Journal care about. In reality, there’s a very good chance your eligible to enroll in a 401(k) through your company and they may even offer you free money for investing. Intrigued? You should be – [...]

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Online Banks vs. Brick & Mortar Banks

Sorry to the FF Fanatics about the lack of a podcast yesterday. I’m in between scheduled interviews and couldn’t get one posted so check back next Sunday for a new episode. On to the post! It’s a big change for people to move their money from a brick and mortar bank (your typical local big [...]

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Ally Bank Review

I switched online banks in May and now that I’ve had a couple of months with my new bank, Ally, I feel like I’ve experienced enough to write a well-rounded and informative review. Ally is everything you need out of an online bank. They do everything adequately and there aren’t any huge misses in their [...]

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Why I Spent $2,000 on an Airplane Ticket

I made the single biggest purchase of my life last week. After fuel charges and 12 other airline taxes I spent $2,000 on a round-trip airline ticket from Tokyo to Chicago for the 2 weeks in August. Is it an outrageous price? You bet, but as I’ll try to justify to my readers (and myself), the ticket [...]

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How Much Will No State Income Tax Help LeBron in Miami?

Running a personal finance site doesn’t allow me to write about current events all too often so allow me to hop on the LeBron to Miami train and throw a personal finance twist on it. We’ve heard multiple reasons for LeBron’s final decision to head to Miami – playing with some of his best friends, [...]

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Should You Buy Your Company’s Stock?

My friend was recently was hired for a new job and e-mailed me asking for some clarification about his company’s retirement plan and stock options. He copy and pasted this bit of his company’s retirement plan in to the e-mail: “(Company name) sponsors an Employee Stock Purchase Plan whereby all employees are eligible to purchase shares [...]

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