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Some of the nations biggest banks will have to cough up $25 billion, thanks to last weeks mortgage fraud settlement and more than a million homeowners could be getting a piece of that pie.

Yet some experts are concerned that the settlement might not be enough to fix all the problems caused by the foreclosure crisis.

Who qualifies? State and federal officials announced Feb. 9 the settlement with five of the nation’s biggest banks (Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial) after a 16-month investigation into allegations of fraudulent loan practices. T

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One of the ways that many try to save money is to do it yourself. There are a number of posts around the Internet offering advice on DIY. From DIY home repairs, to DIY health and beauty supplies, to DIY cleaners, there are a number of opportunities for you to save money by taking care of things on your own.

However, its not always best to do it yourself. While you can save money with creativity and elbow grease, doing it yourself isnt always the preferred method of getting things done.

When You Shouldnt DIY

There are times when you really shouldnt DIY. Before you decide to tackle that project, where are some things to consider:

Before you do it yourself, consider the consequences.

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Hi Erica,

What is the difference between Chapter 7 and 13 when it comes to the impact on your credit history? I dont want to get another credit card, but fear that, if I do not have one to deal with an emergency, I could be in trouble. I hated to file bankruptcy, but, even with two jobs, I was drowning. So I ended up with a Chapter 13. Im looking at retirement in 10 years. Will I have to wait that long for an improved credit rating? Dan

Dear Dan,

I’m glad you wrote, not only because I want to clear up your confusion, but also because bankruptcy is a fascinating subject. For instance, do you know that, when America was formed, its estimated that nearly two out of every three entering Europeans owed money in their native lands? T

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With a new year comes W2 forms, and it’s time to get a head start on your taxes. Waiting until the April deadline isn’t the best idea. In 2012, we should stray away from procrastination. So as soon as you get your W2 and all of your other forms, you should set up a meeting with your accountant, tax person, or get things ready for TurboTax or whatever other program you use. If you’re one of the lucky people who’s getting a tax return, you’ll be getting a windfall of money, which could be tempting to spend. Here are

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Hi Erica, My cat Boo is in desperate need of dental work (she needs her teeth pulled out) and the estimate the vet gave me is roughly $2,000. I don’t have nearly that amount of cash in my bank account to pay upfront and my parents won’t lend me the money. The vet was really nice though and she suggested I use their CareCredit plan. I am wondering if you think its better than putting it on my credit card. I have a card that I keep empty (I rarely use it) and I believe the interest rate is around 15 percent. Im a college student and don’t have much extra money after paying my bills so it would take me some time to repay. Im getting the surgery one way or the other, though. I’ve Full Post…