Money Talk Roundup

Here are the highlights of the past two weeks of money blogging.

200k as Retirement Fund for the Last 30 Years of My Life

Binary Dollar posted an open mic discussion about How Much Money Does One Need to Retire. When I have read the comments just a few hours ago, I’ve noticed that many responded that they need millions of dollars to retire comfortably.

Eliminating Credit Card Debt: Avoid Promo Pitfalls

According to survey, 80% of US households hold at least one credit card. An average American earner, has 8 credit cards on his wallet, all accumulating interests and debts! It has also been found out that only 2% of credit card holders pay their entire bill each month. $574 billion are accrued as interest for all carried over debt per month! Well, it’s not easy to own 1 card, all the more managing 8 credit cards!

Top 10 High Yield Savings Accounts

If you are looking for a list of high yield savings accounts, eMoneyCentral has a frequently updated list. High yield savings accounts are the best if you are looking for an account that will earn you most interest over time. Emergency funds and down payment savings are best placed in these bank accounts.

List of Credit Card Companies with Zero Fee Balance Transfers

Tired of your old credit card’s high interest rates and annual fees? Why not transfer your balance to another credit card, one that offers better interest rates and zero fee balance transfers? You get to enjoy the same privileges of having a credit card but can rest easy at night knowing your interest rates aren’t draining money away from your pocket. Here are some of the credit card companies that offer zero fee balance transfers you might want to get in touch with.

Double My Emergency Fund Challenge Week 6 Results Mission Accomplished

As predicted on my Week 5 results, I was able to double my emergency fund as early as on the first week of June. I received the $200 payout from my two new blogs. Here are the figures: