January 23, 2013
Budgets are tight, but if you still want to travel by air, some new research by CheapAir.com can offer some tricks to keep in mind. Whether it’s booking a ticket for Spring Break or the busy Thanksgiving holiday, knowing when to buy can help you get a cheaper price.
A few of the tips revealed include:
- The average domestic flight is cheapest to buy 49 days out
- Buying 81 days (almost 3 months) in advance for an international flight gets the best price
- Booking on a Tuesday or Wednesday does not really save money, but flying on a Tuesday or Wednesday does.
Click here to read more in Financial Writer Kathy Kristof’s article for CBS MoneyWatch.
January 8, 2013
In the first settlement, ten big banks have agreed to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on hundreds of thousands of homeowners. While that sounds like a lot of money, many critics say it falls woefully short for all the pain and harm caused to families who should have been allowed to stay in their homes.
“The money is grossly inadequate for homeowners, and the program will require careful oversight to ensure that all homeowners harmed get a fair chance at benefits,” said Ed Mierzwinski, the consumer program director for U.S. PIRG, a nonprofit consumer advocacy group.
The agreement includes Aurora, Bank of America, Citibank, JPMorgan Chase, MetLife Bank, PNC, Sovereign, SunTrust, U.S. Bank, and Wells Fargo. As part of the deal, more than 3.8 million borrowers whose homes were in foreclosure in 2009 and 2010 with the banks will receive cash compensation, the government said in a statement. The average compensation for each homeowner who faced foreclosure in 2009 and 2010 will run about $2,000.
In the second settlement, Bank of America agreed to pay almost $10.4 billion to Fannie Mae. The BofA settlement ends a bitter standoff between the bank, once the largest seller of home loans, and Fannie Mae, the nation’s largest mortgage buyer. Fannie had demanded that BofA buy back a mountain of defaulted loans issued by Countrywide, which BofA acquired in 2008.
Click here to read more about the settlements in the LA Times.
December 20, 2012
Whether it’s companionship or keeping you warm at night, most pet owners know Fido and Fluffy are good for your spirit. Dogs and cats have long been touted for the joy they can bring to your life, but you may not realize just how good they are for your health, too.
From lowering your blood pressure to asthma prevention, pet owners enjoy many benefits from their trusted friends that we can celebrate. WebMD put together a list of 27 ways pets can improve health.
Here are CWN’s top 5 picks for ways our pets can make us healthier:
- Studies show pet owners have lower blood pressure and heart rates.
- Dogs can alert diabetics of sudden drops in blood glucose level
- Kids with ADHD can benefit from having a pet
- Walking your dog helps to beat osteoporosis by strengthening your bones
- Children with autism are often calmed when working with animals
Click here to read more on WebMD and watch a slide show of some great pet moments.
October 10, 2012
Some of the most popular vehicles on the road today are part of a major recall by Toyota. Toyota is recalling 7.5 million cars worldwide and 2.5 million in the United States. Among the cars affected are the Camry, Corolla, Tundra, Highlander and Yaris.
The problem has to do with a faulty door switch that could cause a car fire. This is Toyota’s largest recall since it had to contend with the sudden acceleration complaints in 2009 and 2010.
The switch is on the driver’s side door panel. Consumers have reported smelling smoke and within seconds flames bursting from the driver’s side door. More than 160 fires have been attributed to the switch issue, including eight injuries. According to Toyota, the fires start in the driver’s side window button that controls whether other passengers can operate their windows. The company reports that before problems occur the button can feel sticky.
The faulty door switch issue might not end with just Toyota. The National Highway Traffic Safety Administration is also investigating Subaru and General Motors for similar complaints.
The Toyota vehicles involved in the recall include:
- 2007 to 2008 Yaris
- 2007 to 2009 RAV4
- 2007 to 2009 Tundra
- 2007 to 2009 Camry
- 2007 to 2009 Camry Hybrid
- 2008 to 2009 Scion xD
- 2008 to 2009 Scion xA
- 2008 to 2009 Sequoia
- 2008 Highlander
- 2008 Highlander Hybrid
- 2009 Corolla
- 2009 Matrix
Click here to read more on AOL Auto News.
August 30, 2012
If you have an FHA home loan, but don’t have the equity; credit; or income to refinance and save money, the FHA Streamline Refinance Program may be your new best friend. It could save you hundreds of dollars each month on your mortgage payment.
And if your current FHA loan was endorsed on or before May 31, 2009, your savings could be greatly increased, thanks to a recent change in FHA mortgage insurance premiums.
FHA streamline refinancing has been available since the early 1980s but given the drop in interest rates over the past few years, and changes in FHA mortgage insurance rates, the savings for homeowners are potentially huge.
August 28, 2012
Navigating the ever-confusing medical system is enough to leave you frustrated and exhausted these days. One of the biggest pains is getting an improper medical charge fixed. A recent study by the American Medical Association found that one in 10 bills paid by private health insurance have mistakes. That’s means you need to be extra diligent when you receive a doctor’s bill or Explanation of Benefits from your health insurance company. The Today Show took a look at how to handle a bad charge on a medical bill on its LifeInc.com website.
A few key tips:
1. Understand your insurance coverage. Knowing your deductibles and co-pays — things you should check before you receive treatment (if possible) — will help you spot when something might be amiss, according to the Healthcare Billing & Management Association.
2. Keep track of what services you have received and what you’ve paid and keep the records.
3. When you receive an “Explanation of Benefits” form from your insurer, don’t just file it or toss it in the trash. Be sure to read it, and if something is not being paid for, find out why. Otherwise, you could be financially responsible.
4. Don’t just pay a bill if you think something should be covered by your insurance. Some medical offices send out statements that look like bills, before receiving an insurance payment. Check any statements against your Explanation of Benefits.
Click here to read more in the full article on LifeInc.
August 21, 2012
If you thought drinking red wine could make you a little tipsy, well, yes it can do that, but over time, the opposite might actually be true. A new study shows that resveratrol, a chemical compound found in red wine, might improve balance. Scientists at the American Chemical Society have presented research showing that vino can actually help improve senior mobility and prevent falls.
Lead researcher Dr. Jane Cavanaugh, of Duquesne University, Pittsburgh, said: “Our study suggests a natural compound like resveratrol, which can be obtained either through dietary supplementation or diet itself, could actually decrease some of the motor deficiencies seen in our aging population.
Researchers fed young and old laboratory mice a resveratrol rich diet for eight weeks. Periodically, they measured the mice’ ability to navigate a steel mesh balance beam, counting the number of times each took a misstep. At first, older mice had a much tougher time keeping their balance, but in the 4th week, the senior mice were able to stay on the beam longer.
Falling is a major problem for seniors as they age. One in three Americans over the age of 65 have trouble walking and maintaining their balance, according to the American Geriatrics Society. Research at Cayuga Medical Center showed that one-quarter of adults who experience a hip fracture died the following year.
There is one hiccup. An average sized 150 pound person would have to drink 700 four ounce glasses of red wine to get enough resveretrol for any benefits. But don’t be discouraged, scientists are looking at ways to create man-made compounds that can mimic resveratrol’s effects without requiring such a massive dose.
Past research has also suggested that red wine can lead to a longer life.
August 17, 2012
You may have heard the stories of people who’ve taken the sleeping pill Ambien waking up in the morning with no recollection of an eating binge or, even more scary, a nighttime car ride to who knows where. Well, make no mistake about it, driving and sleeping pills don’t mix. ABC News reporter Lisa Stark recently put herself to the test in one of the most advanced driving simulators in the country at the University of Iowa.
With 60 million prescriptions for sleeping pills handed out in the U.S. every year, there is increasing reason for concern. **Click on the video above to get an eye opening view of just how dangerous it can be to drive after taking such a common medication.
Read more from ABC News.
August 8, 2012
A baby’s laugh. A steak sizzling. How about the sound of a soda being cracked open and poured into a glass? These are among the most powerful audio triggers that capture your attention in commercials, according to marketing expert Martin Lindstrom. In his new, best selling book Buy-ology, Lindstrom exposes tricks of the advertising trade that get you, the consumer, to buy more.
TIME Magazine recently profiled Lindstrom and his “neural marketing” research, which he uses to help Fortune 500 companies, like Pepsi and Disney, attract customers. It’s a scientific way to measure consumer reaction to advertising. People are exposed to ads while hooked up to machines that monitor brain activity, pupil dilation, sweat responses and flickers in facial muscles, all of which are markers of emotion.
The technology is based on a concept that suggests the majority of human thinking takes place just below the level of controlled awareness. Turns out, what we hear can be just as powerful as what we see. For a more in-depth analysis from Lindstrom about the techniques he employes, watch the video above.
Proponents of this theory believe that this lower level of recognition is where the human brain makes determinations on what’s favorable and what isn’t. Therefore, marketing agencies spend millions of dollars in research to determine what sounds evoke pleasant thoughts, such as the sound of a baby laughing or a steak sizzling on the grill. It’s believed that hearing these types of sounds will help you remember a certain product in a pleasing way when you are shopping.
If the sound of all this trickery makes you feel curious, click here, for the full report on neural advertising in TIME Magazine.
July 26, 2012
By: Darrin Clouse
It’s no secret these days. Everyone is well aware of how easy it is to download your favorite music in less time than it takes to find your car keys. It’s a natural progression in our techno-hungry world, and music was destined to change as the ability to receive it and listen to it changed as well.