Friday, October 10, 2008

Far from Wall Street, Utahns lose jobs, savings, access to credit

People who provide service for low- to moderate-income families are seeing plenty of Utahns affected by the trickle-down effect of the housing and financial crisis.

Preston Cochrane - 10/10/2008 10:35:39 AM
Views 28      0 Comments

Friday, October 03, 2008

Emergency Family Finances: Part 2

Money managers say there are things most people can do right away to put themselves in a better financial position.

Preston Cochrane - 10/3/2008 10:31:50 AM
Views 70      0 Comments

Thursday, October 02, 2008

Emergency Family Finances: Part 1

Many who are working are making a lot less money right now and subprime mortgages and big consumer debt are hovering over a lot of households locally.

Preston Cochrane - 10/2/2008 12:30:18 PM
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Thursday, September 25, 2008

Credit crisis moves from Wall Street to Utah's Main Street

With the credit market the way it is and with more credit card companies tightening in terms of the risk and who they will offer credit to, not only will it increase the cost of credit but it also limits the ability for the lower income families to obtain credit.

Preston Cochrane - 9/25/2008 8:28:45 PM
Views 88      0 Comments

Monday, September 22, 2008

Will the Rescue Package Protect Your Savings?

The president and the U.S. Treasury want to take $700 billion and shore up the nation's sagging financial system, using the money mostly to buy up mortgage assets that are weighing down the balance sheets of our top institutions. At the moment, there's no money in there for you.

Preston Cochrane - 9/22/2008 11:01:54 AM
Views 140      0 Comments

Friday, September 05, 2008

Student Loans Under Fire

The outlook is bleak for those fresh-faced college kids trying to get ahead because many of them will not be able to get student loans this year.

Preston Cochrane - 9/5/2008 5:17:53 PM
Views 174      0 Comments

Monday, June 30, 2008

Stress over debt taking toll on health

When people are dealing with mountains of debt, they're much more likely to report health problems according to an Associated Press-AOL Health poll.

Preston Cochrane - 6/30/2008 3:01:40 PM
Views 464      0 Comments

Sunday, May 18, 2008

The best financial advice ever

Money experts share the best nuggets of financial wisdom they have ever received.

Preston Cochrane - 5/18/2008 10:37:31 AM
Views 634      0 Comments

Monday, April 14, 2008

Not all credit scores are created equal

You may think you know your credit score, but it's a number that changes more rapidly than many consumers realize.

Preston Cochrane - 4/14/2008 10:39:56 AM
Views 765      0 Comments

Friday, April 04, 2008

Money worries may hinder tax rebate spending

Instead of splurging on a big-screen TV or other indulgence, many readers said they plan to use the money to pay off debt, pay other tax bills or budget for higher expenses like food or gasoline.

Preston Cochrane - 4/4/2008 10:58:47 PM
Views 820      0 Comments

Don't let bad habits suck up your budget

The economic stimulus check can be a big help in getting your budget on track, if you use it wisely. And "wisely" will mean different things for different people.

Preston Cochrane - 4/4/2008 10:03:00 AM
Views 688      0 Comments

Wednesday, April 02, 2008

Four ways to save gas money

Prices at the gas pump are hitting record highs nearly every day and are expected to top the $4 mark this summer. But don't let $80 fill-ups pump the fun out of your warm, sunny days.

Preston Cochrane - 4/2/2008 4:10:23 PM
Views 474      0 Comments

Monday, March 10, 2008

Too Much Debt? Too Bad

Until recently card issuers often agreed to ratchet down interest rates permanently, to as low as 0%, for those working with credit counselors. But now some credit-card companies are balking and won't cut rates below 17.9%.

Preston Cochrane - 3/10/2008 11:41:27 PM
Views 551      0 Comments

Friday, February 29, 2008

More Americans using credit cards to stay afloat

Across the nation, credit counselors are reporting the same trend. Credit bureau analyses of consumer payment data show that financially squeezed borrowers have begun paying their credit card and car bills before their mortgages.

Preston Cochrane - 2/29/2008 10:00:04 AM
Views 326      0 Comments

Friday, February 08, 2008

Spotting Credit Repair, Counseling Scams

More and more consumers are turning to credit counseling and credit repair agencies for help getting out from under a mountain of accumulated credit card debt. While some are legitimate, says Early Show money maven Ray Martin, others are only out to fleece you. How can you tell one from another?

Preston Cochrane - 2/8/2008 3:31:16 PM
Views 529      0 Comments

Monday, January 28, 2008

Students May Get Financial Education

SB61 would create an optional K-12 financial literacy track that would familiarize students with the facts of finances and arm students with skills to help them sidestep pitfalls like bankruptcy, foreclosure and identity theft down the road.

Preston Cochrane - 1/28/2008 3:06:32 PM
Views 362      0 Comments

Tuesday, January 15, 2008

How to help your parents get their financial house in order

When does it make sense to search for a planner for your parents? Problem is, the majority of Americans wait until a crisis or retirement hovers over them to take action.

Preston Cochrane - 1/15/2008 2:50:20 PM
Views 541      0 Comments

Friday, January 04, 2008

51 Ways to Save Hundreds on Loans and Credit Cards

51 simple strategies, practical tips and other guidance that can help you save hundreds, if not thousands, of dollars.

Preston Cochrane - 1/4/2008 5:55:43 PM
Views 398      0 Comments

Wednesday, January 02, 2008

Credit card issuers sock late payers with 30% plus default rates

Faced with mounting account delinquencies, major U.S. banks are penalizing credit-card customers late on payments by hiking their accounts to maximum default interest rates of 30% and more - even those with good credit records.

Preston Cochrane - 1/2/2008 11:49:13 AM
Views 346      0 Comments

Talking About Money Is So Hard. Now Do It.

Nothing could be bigger when it comes to solving the financial problems that divide so many of us. If couples could only learn to communicate about this most personal of topics, their lives would be filled with so much less conflict.

Preston Cochrane - 1/2/2008 11:43:52 AM
Views 277      0 Comments

Thursday, December 20, 2007

Students may get a financial primer

Utah students may be getting a little extra help in the classroom on how to handle their finances, if one lawmaker has her way.

Preston Cochrane - 12/20/2007 8:50:53 AM
Views 352      0 Comments

Wednesday, December 19, 2007

12 Ways to Make Your Kids Financially Savvy

If children are to grow up to be successful savers and investors, they need to learn two key skills: How to delay gratification and how to take risks prudently.

Preston Cochrane - 12/19/2007 10:39:18 AM
Views 283      0 Comments