My New Choice

As the month of April comes to a close, I’d like to take a moment to give recognition and thanks to the sponsors and advertisers here at My New Choice.
Your assistance helps keep this site running and I just want to try and repay the favor with an additional shout-out for each of you.
Featured Sites
The [...]

Earlier in the year, I finally took the plunge and moved my emergency fund from ING over to a new account at HSBCdirect. The motivating factor for that switch was the 6.00% APY promotion that HSBC is running until the end of April.
As the end of April is quickly approaching, I’ve been kicking around [...]

How many people do you know that have taken advantage of financial products such as interest-only mortgages, piggyback loans or option adjustable-rate mortgages in order to *afford* a more expensive home?
Many of these options carry a considerable amount of risk and have been resulting in more people defaulting on their loans when the initial terms [...]

One of the age old debates on many financial message boards is the idea behind timing the market as the basis for your investing strategy. While it seems that the majority of people are firmly against trying to time the market, there are proponents that can make a very compelling case for the potential [...]

One of the first posts that I made here at My New Choice was about the importance of payment history on your credit score.
As a great follow-up to that post, you might enjoy a post from Kelly Cho on what you can do to improve your FICO score.
Some of the highlights that you will find [...]

In the discussion on my post about the PayPal money market fund, Pakdamek posted a question about short-term CD options and asked for assistance.
My recommendation was to review the current high yield rates for 6-month CDs at Bank Rate, but that Pakdamek might also want to consider an online savings account.
6-Month CD
Looking at the current [...]

I’m the type of person that is always looking for different ways to save money, which is why I had to share with you the 101 Ways to Save One Dollar a Week article over at CareOne Credit Counseling.
At the beginning of the year, I put a challenge out to all of you to start [...]

After making a recent update to a plugin used on my website, there was an error being generated that was only visible when viewing my RSS feed.
Just as I discovered the error and began to look for a fix, I received an email from Sun over at The Sun’s Financial Diary alerting me of the [...]