Blog Archive: February 2009

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Is Your Door Locked? New Technology Helps You Figure It Out

Added February 6, 2009 by Ilyce R. Glink

For years, technology companies have been promising that there will be easy-to-use, easy-to-install home control solutions that will help you automate a lot of what goes on in your house.

The promises include everything from turning on or off the lights in your house to raising or lowering the…

Topics: home technology

Today's Laugh: New Financial Terms

Added February 6, 2009 by Ilyce Glink

My mother sent this to me this morning. I don't know where it comes from, or who authored it. But, it's a sad (though funny) commentary on the current economic madness that surrounds us. If anyone knows the authorship, please let me know so we can give credit where credit is due.

New Financial Terms

Number of Bankruptcy Filings Rises More Than 34 Percent

Added February 3, 2009 by Melanie G. Rogers

A total of 88,773 consumer bankruptcy filings were made in January. That's up 34.4 percent from a year ago, according to the American Bankruptcy Institute.

In December 84,926 filings were made.

Of the January filings, more than 32 percent were Chapter 13 - meaning that the debtors wanted to keep some…

Topics: personal finance advice

U.S. Savings Rate Rises Despite Income Decline

Added February 2, 2009 by Melanie G. Rogers

Despite decreases in personal income, Americans appear to be saving more.

Personal income in December 2008 fell 0.2 percent from November. In November, personal income declined 0.4 percent from October, so it's a little better than it was.

Real personal consumption expenditures fell 0.5 percent, while…

Topics: interest rates