Since we are in the midst of a recession, and anyone denying it is really hanging on to technicalities, it’s easy to fall into the recency bias trap. The recency effect, which is a term borrowed from the psychology discipline, refers to the tendency of people to remember recent events more vividly and give them [...]

Here’s a quick post for our UK readers, who are obviously going through the financial turmoil and uncertain times, just like we are on the other side of the pond.
Nowadays, when we are all trying to get the biggest bang for our money, it’s a good idea to compare products and services. One such service [...]

Cutting back when times are tough is a reality for a great portion of us. While it’s not always fun, the good news is that there’s many different ways to save a few (or even a few hundred) dollars – and I’ve compiled a little list to get you thinking in the frugal mindset. [...]

The world’s richest man, Warren Buffett, is also the most famous stock investor. During the latest financial crisis, and previous ones, he hasn’t panicked but actually did the reverse. He invested big and for the long term.
Buffett’s company, Berkshire Hathaway, is a far-reaching worldwide empire that owns businesses in diverse industries from insurance to furniture, [...]

During the current economic downturn, it is harder to get a loan for essentially any purpose. Even people with a good credit history need a loan occasionally, but are turned down by the banks. One company that offers loans for people with good credit is FirstAgain.com.
First Again, based in San Diego, offers a range of [...]