Archive for May, 2009
Retirement and College Funds
Should you give every penny to your kids so that they would have a bright future during college? Yes and no. Of course, you have to make sure that they have money when they go to the university. However, you also have to make sure that you’re still saving for your retirement, and that you’re [...]
No Debts During the Holidays, Is That Possible?
Of course, it’s possible! All it takes is a little self-control and a bit of financial discipline. The only way to remove debt from the equation is to stop using those credit cards. So if you really want to save money, drop those credit cards this holiday shopping season. Instead, use cold cash. Cold cash [...]
Financial Oversights that Cost You a Fortune
When people talk about money, it’s as if money only included thousands of dollars in savings accounts and mutual funds. For some reason, people forget that even the small expenditures have big effects on a person’s ability to pay off debts and to re-invest money in the future.
Often, this small expenditures accrue over the years. [...]
Saving Late In Life?
If you’re like fifty percent of most employees in the US, then you’re probably wondering how you’re going to survive in your retirement. You probably have a few thousand dollars in your bank account, but will that be enough at all to pay for the remaining decades of your life?
Probably not. This is where late [...]
Getting a Raise is Not Easy; But it Isn’t Impossible Either
Getting a raise might be the stuff of urban legends and parodies on tape. However, it doesn’t mean that you can’t or won’t get it. Like other things in the corporate world, you have to work hard for it. You have to establish the right connections and show that you really deserve it.
However, before you [...]
Are Mutual Funds Still Worth It?
Often, people overemphasize the importance and value of mutual funds. While we live in a world that would certainly be less hostile if you have plenty of savings, mutual funds aren’t really the best in what they do. Investments should have consistent returns; mutual funds don’t really offer that much return to investors.
Why don’t you [...]
Beware of Tax Strategies That Are Baseless
The taxation system of in the United States has been designed to gets its share no matter what. So forget about deductions and lowered interest rates; because no matter what you might think, the US government would still get the full amount one way or another.
This applies especially if you have regular work that makes [...]
Check 21 Might Cost Us More Than It Actually Saves
When the United States Congress decided that it was better to use the electronic superhighway to deal with physical bank checks, everyone was in jubilation. This is because we don’t have to wait for a few days before the checks can be withdrawn as cash.
Unfortunately, there are some problems with the new system. Since everything [...]
Why Comprehensive Car Insurance is Important
If you’re thinking of saving money by paying for shoddy car insurance, think again. Of course, we all want to avoid accidents as much as possible. Insurance is required, so there’s no use trying to avoid it. Worldwide, car insurance is something that would be a pre-requisite even before you hit the highways.
If you think [...]
Spending More Doesn’t Mean You’re a Good Parent
When we trace the source of discontent in many upwardly mobile families, it would be about money. It’s always about the money. Young parents nowadays have a preconception that the more they give to their children, the better parents they are. This isn’t exactly true anymore.
We aren’t living in the thirties or during the Depression. [...]