Kevin Colby: News, culture, political blog

Some interesting articles from Clark Howard’s website:

Facebook a new breeding ground for get-rich-quick schemes

RIP-OFF ALERT: Have you noticed that Clark is hitting numerous rip-off alert sounders these days? The last time we had so many back-to-back warnings was during the recession of the early ’90s. Back then, the Internet was only used by researchers and some government types. But today it’s a prime form of communication. Little wonder then that many scams have morphed and gone online.  Read the full story.

Consumers burying themselves under payday lending debt

RIP-OFF ALERT: Payday lenders offer consumers an easy way to bury themselves under mounds of debt. The typical payday lender allows you to walk into their establishment, turn over a personal check that’s postdated to your next pay date and walk out with cash — minus some high fees.  Read the full story.

Save up to $600 annually by dropping landline, going cell only

Looking for an easy way to reduce your monthly budget in 2009? Consider dropping your landline and going cell phone only. About 1 in 5 Americans have disconnected their home phone, while an additional 13% say they have a home phone that they never use. That’s about one-third of all Americans who are cell phone only or very near to it.  Read the full story.

Overexposed in the stock market during your golden years?

Syndicated financial writer Umberto Cruz recently issued a new warning about the dangers of having too much money in stocks as you grow older.  Read the full story.