The economy isn’t as bad as it could be, but it has definitely been flat. The rising cost of gas and food has pinched your pockets. The good thing is that it’s teaching people to be more frugal with their money without having to read tons of personal finance blogs. The bad [...]

Retailers Such as Costco and Wal-Mart posted higher than expected earnings for the month of May. All of the major media outlets are referring to this as a result of the first wave of economic stimulus payments rolling out in May. But, take notice at what types of stores did well. It [...]

I wrote on Friday that I received the stimulus payment on the scheduled date that I was supposed to receive it. I received a letter in the mail today from the IRS that explained the payment that I was entitled to, and it explained why I received the $600.00 instead of the $1,200.00. [...]

There are quite a few people that are angry and frustrated over the first week of economic stimulus payments rolling out as portrayed by the comments on this post. The payment schedule that the IRS printed is obviously not being followed. People with their last two digits in the 50’s, 60’s and [...]

Yes, the economy has slowed down due to the housing market decline, the credit meltdown, and high oil/food prices. But, according to a report today, the economy’s GDP still grew 0.6 percent. No, it’s nothing special, but it does bring out one point. By definition, we are NOT in a recession.

The definition of [...]

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I thought it’d be fun to hear from people who have received their stimulus payment so far. I haven’t received my payment yet, but according to the payment chart, it should be sent [...]

The IRS has announced that they will now be sending out economic stimulus payments starting this Monday, April 28th. The first direct deposits were originally going to be made May 2nd, but I guess the government got antsy to start “stimulating the economy”. Again, I am skeptical that this will actually stimulate the [...]

Fed Reserve Chairman, Ben Bernanke, made a statement today in Richmond that struck me the wrong way. He said:
“We do not have the luxury of waiting for markets to stabilize before we think about the future,”
I think that he’s right about putting more strict guidelines on mortgage lenders to help weed out the [...]

Here is a good question from a Money Crasher’s reader that I thought I would share with everyone, because some of you may have the same question. Remember, don’t take my advice as gospel. Verify it with other people you trust in your life. I answer questions how I would do it [...]

If you’re in your 40’s, 50’s, or 60’s, you’ll probably see the full social security benefits promised to you when you paid into the system throughout your working career. This article from CNN Money via Yahoo Finance, talks about the report that was released this week that Social Security funds will be tapped out [...]