You might have noticed the logo at the right for Basically Money. That's a new site I launched very recently. It's based on the new Fog Creek StackExchange platform. Those of you familiar with stackoverflow.com, serverfault.com, or superuser.com will know exactly how a StackExchange site works.
Basically Money is a free community site for asking and answering questions about personal finance. The site has been up for a little more than a week now. For an idea of what's been going on, here are some of the questions that have been posted since launch. A good number have been answered already. Why don't you visit and see if you can help answer a few, or ask some new questions?
- What’s better: An unsecured line of credit, or a secured line of credit like a HELOC?
- What’s are the differences between "defined contribution" and "defined benefit" pension plans?
- What are the differences between a "traditional" IRA and a Roth IRA?
- What kind of investments should I have in my RRSP?
- I’m thinking of getting a new car ... why shouldn’t I LEASE one?
- What kind of life insurance is cheaper? I’m not sure about term vs. whole vs. universal, etc.!
- What is your favorite book on the topic of INVESTING?
- What can I replace Microsoft Money with, now that MS has abandoned it?
- What are the best options for an RESP for my 2 year old kid?
- I’m currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it?
- What are the 401K and IRA limits for next year (2010)?
- In the current economic climate is gold a good investment?
- I spend too much money... How can I get on the path to a frugal lifestyle?
- I’ve often heard of the "snowball" method for paying off credit card debt. How does it work?
- I watch "The Suze Orman Show." What are some other good TV shows about money?
- TFSA vs. RRSP... Best retirement approach
- Are warehouse clubs like Costco and Sam’s Club worth it?
- Should I take Social Security earlier than full retirement age, or wait for more?
- Do I really need to file an income tax return?
- Are premium bonds a good investment?
- Pension or Property ?
- When does Ontario’s HST come into effect?
- If you run a sole proprietorship, how do you declare the income of the business on your taxes?
- How does deposit insurance work in the U.S.?
- How is the Advance Earned Income Tax Credit (Advance EITC) supposed to work? Help!
- What’s the differences between a discount broker and a regular broker?
- Does being involved in the management of a corporation make me ineligible for a workshare program?
- As a general rule, how much in “liquid” savings should I have?
If you're interested in saving money, investing money, borrowing money, etc., please come and check out Basically Money!
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