It’s Been A While

Dear readers, It has been a long while but MUYF is back and just in time for summer!  Unfortunately, our other site was hacked and so we have returned to using this one, so come back and check often for updates. Cheers, Emy and Kathy

Saving for Retirement through a Credit Card? Not So Fast.

Two weeks ago, the WSJ published an article on credit cards that offer cash back or points that can be used to fund your retirement or another investment account.  As the article explains: Instead of redeeming earned points for the typical airline tickets or gift cards, users of these cards receive cash that they can [...]

The Alternative to Car Ownership

If you are an urban dweller, Zipcar offers you an alternative option to buying a car – sharing a car with everybody else in the city.  You can join the Cambridge-based company, which started with the vision of lowering pollution and the number of cars on the road, on either an Occasional Driving or Extra Value Plan.  [...]

New Legislation That Will Affect Your Wallet

I’ll be honest. I hadn’t been paying much attention to the new credit card legislation. I figured it wouldn’t actually affect me that much, since I always pay my credit card bill on time and in full (which everyone should do in the first place as paying 18% interest on credit card debt really is [...]

Welcome!

Money Under Your Futon was first conceived during a lunch break at TGIF at Tyson’s Corner. After a long day of swiping our credit cards, our conversation inevitably got to personal finance – namely, taxes. It was tax season and we had talked about different forms, deductions, and credits several times over the last few [...]