Login   |   Register
NETWORK WITH US
Have you been stashing your savings under your bed? It’s time to throw away that shoebox (but make sure to take the money out first) and let us teach you how to become the Joe Torre of your nest egg.

R.I.P. Bear Stearns

By Theodore Bressman
3/28/08
SHARE THIS: Share

Theodore Bressman, the editor of the Intern Memo, joins us to share his thoughts on the demise of the company that taught him most, if not all, of the things he knows about business.

On Tipping and Adriana Lima

By
9/16/08
SHARE THIS: Share

Holler! I’m a graduate student at the University of Chicago, studying philosophy.

I take mad walks.

Especially now that the weather

The Resurgence of Haggling

By Christopher Schonberger
3/24/08
SHARE THIS: Share
FILED UNDER:

A lot of people have probably haggled over prices on bootleg soccer jerseys at a Moroccan street market or tee shirts of two camels having sex outside some Turkish ruins, but what about negotiating on a 50” flat screen at Best Buy? Well, just because it’s “America” doesn’t

Top 40 Teams Based on the Field

By Cheddar Ted
3/20/08
SHARE THIS: Share

It continues to bother me that almost every single sleeper worth throwing your lot behind is in the South region, but I guess life is all about playing the hand you're dealt and it's pretty obvious that the Tournament is a metaphor for life. So within this somewhat perverse context

File Tax Return to Earn Free Money

By Christopher Schonberger
3/25/08
SHARE THIS: Share
FILED UNDER:

You've probably heard a lot of rumors going around about how all your friends are getting $600 from the government for no reason. Maybe you even got lucky and received a letter saying you'll get a cash back bonus as well (they should all be sent by the end of March). But how

The Credit Ghosts of Halloween Past

By Christopher Schonberger
3/01/08
SHARE THIS: Share
FILED UNDER:

Here’s a little cautionary tale for all of you shopaholics out there who are thinking of signing up for loads of store credit cards and caning them into the red

Blowing Up Your Savings

By Christopher Schonberger
3/25/08
SHARE THIS: Share
FILED UNDER:

If you thought that saving money as a recent grad was annoying, at least your debit card doesn’t explode into tiny pieces when you fail to deposit enough money in your account. That, in essence, is the idea behind the “Savings Bomb,” a new Japanese piggy bank that

Picking the Right Credit Card

By David Pekema
FILED UNDER:
SHARE THIS: Share
Quick Tips
  1. Abuse your student status – If you're still in college, take advantage of the credit cards that literally get thrown at your feet and keep one after you graduate. You're entitled to a card for two years, so grabbing one before the pomp and circumstance will be a huge boon once you become a marked man (i.e., recent grad).
  2. Beg your bank – If you don't have a credit card left over from your college years, the easiest way to get one is to inquire with your bank. All the major banks offer a huge number of credit cards, and hopefully you've been a loyal customer.
  3. Pick a card – Think about which card best fits your requirements. A low interest card is good for those who simply want to make the minimum payment every month (though this is a terrible idea). For people who make a lot of purchases, the reward/cash back card is the gift that keeps on giving back every time you buy something using the card.
  4. Mileage cards – These are worth the annual fee for frequent travelers. Every time you charge a purchase, you get miles and you can redeem them for airline tickets.
  5. Don't go overboard – The fewer credit cards you apply for the better. Applying for numerous credit cards in a short period of time can adversely affect your credit score.

As the average graduate’s debt suggests (scarily nearly $3,000), financial institutions are more than happy to hand over credit cards when you're in college, mostly because they assume that rich, tuition-paying parents can back you up. Ironically, now that you’re graduated and employed, it’s a bit harder to convince the lenders of the world to cover your late night IHOP

©2010 Gradspot LLC