Investing can be an overwhelming and daunting task when you’re young and first starting out with your investments. But are young people today turned off by investing after seeing our parent’s nest eggs deteriorate in front of our eyes? Or do we live in a world so focused on the here and now, that planning for the distant future seems like a nonessential task.
Investing in your retirement has never been more important than it is now. With the current state of the economy, there’s not much of a reason to have faith that you’re social security payments will provide much stability to you in your golden years. With the rising costs of living and pretty much everything else, social security contributions can’t and won’t keep up with inflation, and what may barely pay your bills now certainly won’t pay them when you’re 65.
Capcom, a video game distribution company, is now promoting a new VISA debit card designed to promote Capcom-Unity points for their Accelerated Rewards program to be used for auctions, raffles, and to take advantage of company promotions (like access to Beta tests and priority entrance at Capcom events).
Featuring popular Street fighter IV, Bionic Commando and Resident Evil 5 characters and scenes (in collector fashion), they’re targeting the hardcore gamer crowd — known for frequently purchasing novelty items. But video game fans should take a long second look before signing off on this card.
As I strolled into my primary banking institution a few weeks ago, I asked the guard downstairs to direct me to the people who handle IRA’s. I was planning on transferring my IRA over since I have my checking and savings accounts there, and wanted to be able to transfer money over quickly and more easily.
After the guard escorted me upstairs to the section of the bank that handled investments, I was left in a waiting room surrounded by a bunch of glass offices. Now I’m not poor, but I’m certainly no high roller. I don’t have huge bank accounts and massive stock portfolios, but I do have dignity, and as such, believe that I deserve to be treated with respect — regardless of the size of my bank account.
Looking to make banking a little more “funner”? Thanks to Redneck Bank, that’s now a possibility. We found out about this new addition to the finance world from Tricia over at Blogging Away Debt. And even though it’s name sounds more like a harebrained scheme than a legitimate business, that’s exactly what they are.
Quicken — the guys behind some of the most popular finance tools in the home and workplace today — has finally learned from the Internet start-ups what the people want: Free Personal Finance Management. And they’ve launched Quicken Online to feed the starving masses.
I’m not sure how many banks do this, but it’s good to be aware of them if yours does. I bank with Citibank and am enrolled in itsThank-You Network rewards program. And while these programs certainly don’t offer anything incredibly exciting when it comes to redeeming your points for gifts, it’s most definitely worth spending a few minutes setting up an account.
