Steve Kamb is getting ready to embark on an 11-month, 35,000-mile trip to four continents in 2011. The flights for the round-the-world trip are costing Kamb, the founder of NerdFitness.com, a total of $418. How is Kamb able to fly the equivalent of 1.5 times the circumference of the globe for $418 you ask? By [...]
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Credit Cards
Bill Hardekopf, CEO of LowCards.com and author of The Credit Card Guidebook, is the guest on this week’s FIRE podcast, to talk with host Arin Greenwood about the Federal Reserve’s proposal to limit debit card fees to a maximum of 12 cents per transaction and the likely effect on consumers. Listen to the podcast here, [...]
An Honest Fee for Banks
It shouldn’t be surprising that banks are working with the new rules under the financial reform bill and charging higher rates to some consumers to make up for lost fees. Under the new standards, it has become more difficult for debit card issuers and banks to manage the risk they take on with each line [...]
