Category: personal finance

I’m happy to introduce you to the new Bromoney Interest Rate App. You can now check interest rates on savings accounts and CDs right from your iPhone. You can download it from the App store here. The next time you open a CD or savings account consult the latest rates with the Bromoney Interest Rate…

FDIC insurance is the most attractive part of having a deposit account over investing money in something involving more risk. With funds that are FDIC insured, you’re guaranteed to get your money back if your institution fails by the FDIC as long as you fall within the guidelines. There are a few misunderstanding when it…

Anyone who has used their bank’s check card to pay for items knows that you can use debit or credit to make purchases, but most people don’t know what the difference is besides the fact that with debit you have to enter a pin, and with credit you need to sign. One of the key…

The inflation rate is the measure of the rate of increase in the price index over time. The prices of goods and services rise in an economy over time. Consequently the purchasing power of every dollar decreases over time. The current inflation rate isn’t too bad at the time of writing this post. The 2010…

Since the “great recession” hit, people in the US have gotten into the habit of trying to save more money. This has paved the growth for new sites like groupon, which recently turned down a bid from Google and has raised half a billion dollars. In light of this new trend of saving money I…

BP is running a promotion where they give you a free $10 gas card when you fill up your car 5 times at their gas stations. The promo is called Thank You Days and is running until the 1st of March. To get the gas card you’ll need to register at the link in this…

I thought I would share my Bromoney monthly earnings report with my readers. As someone who builds websites, I am always interested in hearing how much websites make and when I tell people that I make money through websites they’re always fascinated that I can actually do it. So I thought my readers might be…

I’m a sucker for freebies and I know a lot of you are as well so I thought I’d share with you the free MP3 download that Bing is running. The link to get your promotional code can be found here. What you need to do is to enter in your email address and they’ll…

A recent FICO sponsored survey polled 127 risk managers at US firms. 83% of those polled said they expect credit limits on new credit cards to be lower than they were in the past and a whopping 95% said they expected credit card interest rates to stay the same or move higher. Additionally, 85% of…