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PHOENIX (AP) -- When Jeffrey Smith needed some quick cash to pay a medical bill, he turned to a payday loan store near his home outside Phoenix. He eventually took out a string of payday loans and fell into a vicious cycle in which he would call out sick from work so he could drive all over...

Thanks for the link, I will read this forum..

I read somewhere that only the Call and Put writers make money, those who trade them are sure to lose more than they gain. How does that work? It would be nice to know the mechanics of writing calls or puts... Can anyone here share their views?

Hey I like this song too, very inspiring. :)

Was there a song that really helped you or inspired you through your hardship? While I was going through a lot with my financial problems there are a couple of songs that kind of inspired me to go on and fight... one is What Faith Can Do by Kutlass and the other one is I'm Movin On by the...

Can someone confirm this article about how Forex Rebates can cut your transaction costs for free? Sounds a little too good to be true, but at the same time seems to make sense. Is there seriously no catch or am I missing something? Here’s the article from forexcare

Washington Mutual Inc. Friday filed a Chapter 11 plan sketching out how it plans to distribute more than $7 billion accumulated in the wake of the largest banking failure in U.S. history, that of its former subsidiary Washington Mutual Bank, or WaMu. More of this news here.

Care to share your experience with the companies you've worked with. I'm curious to hear more about everybody's experience of work. The highs or lows, the good and bad points. Who are the real best companies to work for in the country?

Wow that's a lot :eek:

Since October 2008, the U.S. government has been spending a lot of money, most of which it currently does not have. Simply put, to keep the economy going the government has borrowed from other nations and from the Federal Reserve Bank. The major foreign debt holders are China, Japan, and Brazil...

probably...

I just want to share some tips I've found helpful. I've had a couple of ups and downs with my financial management for the past few years but has been doing good now and wanted to share some things based on experience. So here's a list of a few things to live by: 1. Live within your means...

I think since debit cards acts more like cash, it enables them to withdraw money or to have the cost of purchases charged directly to their bank account. Service charges are levied. And although they don't get rewards like credit cards, they are not being charged with interests and all that as well.

I've come across of this article at Yahoo where it talks about the places where we shouldn't be using our debit cards. http://finance.yahoo.com/banking-budgeting/article/109125/10-places-not-to-use-your-debit-card?mod=bb-checking_savings 1. Online 2. Big-Ticket Items 3. Deposit Required...

I think I should just do this...just to get back at them.. :D I was actually thinking about that, but I just wanted to stay out of trouble. They did pay back but it was like a week or so and I really have to ask them to pay.

Has anyone here ever experienced coworkers coming to you like 2 or 3 days before pay day asking --"can I borrow $20 until payday?" And I'm just shocked because some of these people are in their 40s and older and are having trouble managing their money. But what's even worst is when payday comes...

You have a good point. And a good idea to still keep their day job while trading. It's actually a good idea especially for newbies in trading like me.

It only adds up to the growing unemployment rate... :(

Wow! unbelievable. All the while I thought those who got the highest salaries were people in the medical and technology field... surprised it is a trader...cool! :D

I've heard from some seniors that one of the best during those times was Cybertrader..