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Money News You Can Use

By MP Dunleavey Sent: Friday March 12, 2010
dw_resolveAnd now, your news-you-can-use roundup.

The I.R.S. Takes Visa, But...
If you decide to put your tax bill on a credit card, the National Foundation for Credit Counseling has some advice: First, find out what Uncle Sam's fee would be to charge your taxes; ask your card company whether a tax bill counts toward your reward points (it may not); remember that a tax bill is subject to the same interest rate and other terms as any other charge.

Practice Safe... Mobile Banking
As more financial transactions are conducted over mobile devices, consumers need to protect themselves. Tips from the Independent Community Bankers of America:
  1. Don't save passwords, PIN or account numbers on your phone or PDA. Don't set up automatic log-ins to your accounts.
  2. Beware of text messages requesting financial data; contact your bank directly to verify that the request is valid.
  3. Read your statements to check for unwanted charges.
  4. If you use an iPhone money app, password protect your device so that no one else can access your data.
Peek at Other People's Money
If you've ever wondered what other women spend on clothes—or what other families spend eating out (and who isn't curious about the Joneses?)—check out Bundle.com, a fun new website that collects real-life spending data across the country, based on actual credit card transactions.

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