27 Apr
Posted by author as Economy, Spending and Saving, stock market
There are many people struggling right now to pay their mortgage and other bills because they either lost their job or bought a house they could not afford. However, for every person struggling right now, there are a majority of people who are doing just fine in this economic climate. Yes, most of [...]
For those of you who are Dave Ramsey fans or those who are looking for a positive message about the economy and your finances, Dave Ramsey will be hosting a town hall event all across the country on Thursday, April 23rd.
Here is the link to the official site to find a place near [...]
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President Obama asked employers to start making adjustments to federal withholdings starting April 1st for the Make Work Pay Tax Credit. This was a stimulus-based tax credit that passed in the recent economic stimulus legislation passed in February. Last year’s stimulus plan sent lump-sum checks to individuals and couples with the hopes of [...]
Obama is making an effort to rekindle the housing market, and here is a good article outlining his propose plan.
I think the housing market is the key to jumpstarting our economy again. Everyone is focusing on the financial services and auto industry, but I think the real estate industry is the key to an [...]
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02 Mar
Posted by author as Banking, Credit and Debt, Economy
I don’t know what to tell you. Even Warren Buffet has lost confidence in our economy. Much of the country is not paying attention to the fact that we are 10 percentage points away from nationalizing a bank, the government pledging about $1.5 trillion dollars in 6 weeks, and the largest insurance company [...]
17 Feb
Posted by author as Economy, Stimulus Plan
President Obama signed the economic stimulus bill into law today in Denver. The Wall Street Journal has a great breakdown of the final allocations of money inside the bill. It is broken down by categories, and I love that they designate one category as “Spending”, because that’s exactly what quite a bit of [...]
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13 Feb
Posted by author as Economic Stimulus Plan, Economy, Stimulus Plan, Taxes
According to the House Minority Leader in Congress, the American people will be taking on an average of $10,000 in debt per person due to this stimulus package that just passed.
“With a price tag of more than $1 trillion when you factor in interest, it costs every family almost $10,000 in added [...]
12 Feb
Posted by author as Economy, Stimulus Plan
Tidbits of the final version of the economic stimulus plan are being released, and I am guessing that not many people will be happy about it.
Here is the full story from the AP wire, via Fox News. (this is an AP story, not a Fox News story)
$13 More Per Week in Everyone’s [...]
09 Feb
Posted by author as Economy, Real Estate, Stimulus Plan
If you were thinking about buying a house this year, you might need to get serious about buying wthin the next few months. There have been rumors that the final economic recovery bill currently being debated by the Senate could include an amendment to help stimulate home buying in the coming year. A few [...]
05 Feb
Posted by author as Banking, Economy, stock market
I just read this article on CNN Money, and it made me a little worried.
We have our primary checking account with Bank of America, but I am about ready to close the account and switch to a credit union. I have kept our checking account with Bank of America for two reasons. [...]