Now that President Obama has made health care reform a done deal in the U.S., it’s time to start looking at how it might affect your finances. Americans pay more for health care than any other developed country, and health care costs in the U.S. continue to skyrocket. But, what do the basics of health [...]
Newscasts report daily that our economy is on a downward trend. People are losing their homes, highly-paid executives are losing their positions and having to settle for lower-paying jobs, food and energy costs continue to increase, and the list goes on. While these facts are true, what we are experiencing is not new, here is a [...]
Continue reading about Surviving During Tough Economic Times
What are you seeking in your relationship with money? In life? What do you wish were different? Money can be a tool to transform your life in more meaningful ways. As a tool, it may facilitate the path of true fulfillment that comes from living your life intentionally and from purpose. The source of money, [...]
Many consumers believe the issuers of credit cards engage in practices that are deeply deceptive and fundamentally unfair. In response to widespread complaints, President Obama signed legislation last May that imposed broad new regulations on the industry. Some of the most significant provisions in the bill took effect last month. The provisions will outlaw some [...]
As part of its financial-regulation overhaul, the Obama Administration is encouraging more responsible use of credit cards, savings and even mortgages. Using tactics ranging from a light nudge to a hard shove, officials are turning theories about behavioral economics into practice to reshape how Americans make personal-finance decisions. The financial regulation plan unveiled by the [...]
Continue reading about Responsible Use Of Credit Cards And Savings
Every day thousands of people are lagging behind on their monthly payments. As they fell into the hype created by credit card companies, a lot of people are today suffering from exceptionally high interest rates, late and over-limit charges that were introduced all of a sudden as the credit card companies’ rulings were changed. If [...]
1. Don’t make only the minimum payments. This stretches out your payment and, thanks to the interest, significantly increases your overall cost. 2. Don’t carry too many cards. Multiple cards make it easier to rack up debt because it’s harder to keep track of your spending. Having lots of cards isn’t necessarily bad for your [...]
Be aware of how you can benefit from President Obama’s stimulus plan. Consider the following to help you shrink your tax liability next spring. Anything that reduces your income or maximizes your credits and deductions will lower your tax bill. And now is the perfect time of year to make some moves that can help [...]
Teaching your children early on how to build credit and how to protect it is essential to the success of their financial future. First, parents should get a credit card for each child (the earlier the better). That does not mean you give the child the credit card, but you should occasionally (once a month) [...]
Continue reading about Teach Children Early How To Manage Credit
Love what you do. That’s the flip side of “do what you love.” This doesn’t mean that if you hate cleaning out the garage you’ve got to begin loving it. It means that, if you exude a happy and positive energy, you’ll find time flies by and that you are enjoying yourself regardless of what you [...]
