The Federal Reserve has announced a new debt card overdraft fees rule. This new rule prohibits banks from automatically signing up customers for overdraft protection for transaction involving debt cards or ATMs.

The US Government and the Federal Trade Commission are cracking down on the not so free credit report services. New rules and possible legislation are currently being worked on to prevent consumers from being misled into paying for a service they can get for free.

Did you know there are businesses that will pay you cash to recycle your old unused computers, cell phones, iPods, digital cameras, and game consoles?

Americans with money stashed away in secret numbered Swiss bank accounts, away from the tax man’s prying eyes, may be in for a rude awakening after Oct. 15: Uncle Sam may be on to them.

The U.S. Department of Commerce reported that the consumers in this country spent more money in August. The numbers came out this morning showing the spending rebounded in the 3rd quarter.

With the recent economic downturn, there are a lot of people worried about their retirement nest egg. The stock market is volatile and portfolios have lost a great deal of their values over the past several years. The financial environment has left many wondering just how they can prepare for retirement in today’s world.

Individuals between the ages of 55 and 59 paid between $700 and $6,950 for long-term care insurance according to a new report released today by the American Association for Long-Term Care Insurance, the industry's trade organization.

The poverty rate in the U.S. is the most severe since 1997. Poverty now affects almost 40 million U.S. citizens. It is a direct consequence of the recent recession that hit the country since 2007, which in turn made many Americans unemployed. Millions lost their health insurance and evaporated their savings.

The first group of expenses you need to add to your budget is your home expenses. As we all know, home expenses are a priority. " I don't think I can afford it this week, the rent is due" or " I'm trying to save money, because my house payment is due next week" are common responses we hear from our friends and family.

More foreigners are inquiring about moving to and living in Switzerland as the taxes rise in their home countries. Although the banking secrecy rules have changed in Switzerland, the country is still attractive to rich people who hope to pay less taxes on income.

It seems that the awareness of understanding personal finances are an all time high lately. This is due to the recent downturn of the economy. It is still a good thing that everyone is starting to pay more attention to their own personal financial situations. That is why more and more schools are teaching personal finance.