Your Financial Guide

I found the transcript for Obama’s deficit speech. You can read it here.

Interesting snippets:

…after Democrats and Republicans committed to fiscal discipline during the 1990s, we lost our way in the decade that followed. We increased spending dramatically for two wars and an expensive prescription drug program—but we didn’t pay for any of this new spending. Instead, we made the problem worse with trillions of dollars in unpaid-for tax cuts—tax cuts that went to every millionaire and billionaire in the country; tax cuts that will force us to borrow an average of $500 billion every year over the next decade.

…by the time I took office, we once again found ourselves deeply in debt and unprepared for a Baby Boom retirement that is now starting to take place. When I took

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Citi is expanding in the city.

Job prospects just got a little brighter in New York – a report that overall hiring increased in the city for a third straight month in March was followed yesterday by news that Citigroup plans to add 100 branches in New York and California, its two top markets.

Citigroup, the third-largest U.S. bank, will open 200 new branches across the country by 2013, including in Seattle and Atlanta. The amount of new branches in New York has yet to be determined.

“Our investment in New York City will be proportional to the fact that it is a key U.S. market for Citi,” company spokeswoman Natalie Elizabeth Marin told the Daily News.

New York-based Citigroup is looking to expand its domestic branch network, which is small compared with other major banks. I

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If you’re having trouble keeping up with mortgage payments, which we know many of you are, there’s a new solution.

It might be a little less conventional than a loan modification or a short sale, but it’s still a solution, at least, according to a new company called Adzookie.

The “free mobile advertising network” is looking to create some buzz, and probably some capital, by offering the extreme home makeover.

So “if you’re prepared for bright colors and stares from neighbors,” head over to their website and fill out the short form to detail why your home should be picked.

If your home meets Adzookie’s criteria, a team member will contact you.

Just understand that you must own your home; it cannot be rented or leased.  If you’re already in the process of foreclosure, that too may be a no-no.

Adzookie will paint the entire outside of your home, minus the roof, the windows and any awnings.

Painting will take roughly 3 to 5 days, and your home must remain painted for at least three months (though it could last up to one year).

If you suddenly freak out and decide to cancel after three months, or if the company cancels the agreement, they’ll repaint your home back to its original colors.

It’s unclear how many mortgage payments they’ll make (or how big), but it looks like it’s a short-term offer, and one that will likely piss off your neighbors.

(photo: Adzookie.com)

Mortgage refinancing is the repayment of current home loan with a new one. There are various reason why mortgage holders refinance their mortgages. Some of the best reasons are getting lower interest rates, the chance to get the short term mortgage, the chance to convert an adjustable rate mortgage into a fixed rate mortgage and a lot others.

Some of these reasons are beneficial, while others are disadvantageous. If you are considering getting your mortgage loan refinanced then you should consider a variety of things associated with refinancing to determine whether mortgage refinancing is a good option for you or not.

Getting Lower Interest Rate

One of the best motivations for which people get their mortgage loan refinanced is to get lower interest rate on their current loan.

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First, the bad news. After more than a year of falling ticket prices, the cost of flying is now rising. According to statistics from the U.S. Department of Transportation, the average domestic airfare jumped 4.7 percent in the first quarter of 2010 compared with the same period last year.

Now the good news. You can do something about it.

First, understand that the rules around when and where to buy tickets are constantly in flux—airfare offers change up to three times each day during the week. Airlines aren’t just changing the fares but also the number of seats that are available at the lowest fare. There might be one seat today at the lowest price and a dozen tomorrow morning. Or vice versa. Y Read more…

Here’s the trailer. I think it looks good. Will you go see it?

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