You can be a millionaire if you are making at least $350,000 a year. The years it will take you depend on how much you save and how much you spend. If you want to be one and stand shoulder-to-shoulder with your new peers, then spending less than you make is one way to do […]
The new credit card law, passed by Congress last year, is dubbed Credit Card Accountability Responsibility and Disclosure Act of 2009 and went into effect yesterday, February 22. Because of certain clauses, it has been reported in the media, the credit companies may lose billions of dollars a year in late fees and interest charges […]
Let’s hope the credit crisis is over, done with for families as well as businesses, large and small. There are companies that are highly leveraged. That means they use debt to supplement investment in Research & Development and perhaps growth. Therefore, for those companies, the credit crisis is far from over. Some are in deep […]
Congress legislates, the rest of the country follows. As I understand it, that includes the executive as well as the judiciary branches of the government. Let’s not forget that. IRS is a small entity, but let’s face it, it has one of the biggest responsibilities of the many institutions this country has. The famous slogan […]
The title for today’s post is part of a statement given by G. William Hoagland, who was a fiscal policy adviser to Senate Republican leaders and a witness to past bipartisan budget summits. “These days I wonder if this country is even governable.” On Feb. 15, 2010, Senator Evan Bayh of Indiana – son of […]
Sital Ruparelia has an article on his career management blog. The title of the article is 19 Steps To Screwing Up Your Career. That’s good and dandy. All steps he mentioned are good steps to avoid. However, I think he missed the biggest step to screw up your career and that is to keep working […]
The unemployment rate is still quite high, around 10%. Some experts say it will take some time that the economy rebounds. That means jobless rate will be up in the 8% to 10% range in the foreseeable future. You have been out of work for a year or maybe longer now. How about if you […]
My 20-year old son is very much careless about using his debit card. He uses it to buy $3 or $5 worth of fast food just to satisfy his craving for it. He is not careful enough to check his debit account whether he has the money in the account or not. Three times during […]
When you need the best financial adviser, you look for the best. When you need a good tax preparer, you find a good one. On the same token, when you look for a good and an effective mortgage lender, you look for the best mortgage lender. These days, because of the so many scams going […]
Entrepreneurs are usually thought of as risk takers. True, they take risk but calculated risk at that. A true entrepreneur works constantly and always does due diligence to maximize the odds of success. Entrepreneurship is a state of mind where it must follow to imagine and predict what is possible and most important to execute […]
