Archive for the ‘money’ Category

Fannie Mae Foreclosures Won’t Evict Renters – Others Not So Lucky

Monday, December 15th, 2008

Fannie Mae announced Sunday that renters don’t have to fear eviction if their landlords get foreclosed. The loan association has reworked policies to allow tenants that are up-to-date on their rent to remain in their homes even after the foreclosure is underway. It’s a move that falls in line with ...

The Recession Moves Into the Realm of Sports

Friday, December 12th, 2008

With their multi-million dollar corporate sponsorships, state-of-the-art stadiums, and record-breaking contracts, it’s easy to understand why there’s the misconception that the major sports leagues of America – namely Major League Baseball, the National Basketball Association, and the National Football Association – have built up a sort of immunity towards the ...

Obama Plans a Roadblock to Stop Unemployment Rate Escalation

Thursday, December 11th, 2008

CNN Money has published reports that the national unemployment rate continues to climb. Currently the figure stands at 6.7%, and there’s no sign of greener pastures in the coming months. The announced loss of 553,000 jobs in the month of November alone comes along just as America faces the longest recession ...

Deflation – What is it and Why Its Not as Good as it Sounds

Friday, November 28th, 2008

What is Deflation? Deflation, as defined within the study of economics, is a general decrease in the price level of goods and services below zero percent. The below zero percent qualifier is important because it indicates that prices are actually decreasing as opposed to increasing to a lower degree than in ...

How the Dollar Compares to Other Currency

Monday, November 10th, 2008

Everyone has to have money in order to live. We use money as trade for services that we receive, and purchases that we make. What happens if our currency becomes worthless? It'll never happen, right? Well, it is a possibility for our currency to loose it's value. As a matter ...

The Dow Jones Industrial Average

Saturday, October 25th, 2008

The Dow Jones Industrial Average is one of the most important economic indexes in the world and has been that since its inception in 1896. This index is especially important not only because of its age and heritage, but also because of the fact that it is easily one of ...

A Second Stimulus Package to Help the Economy

Tuesday, September 30th, 2008

Although the complete economic effects of the first American stimulus package remain to be seen, some economists are arguing that a second stimulus package would further protect the American economy from lapsing into a full recession. The Economic Stimulus Act of 2008 provided $158 billion in tax refunds to the ...

Super Secrets for Selective Spending

Monday, September 22nd, 2008

According to a recent research study conducted by Visa USA, Americans are just NOT paying attention to where they are spending their money! There is no question that they are spending it, but things get fuzzy when they start trying to quantify where and how much cash they actually ...

Borrowing Cash Through Credit Cards

Wednesday, June 25th, 2008

If you have ever been in a pinch and needed immediate cash, in a hurry, and wanted to do so without any applications or loan interviews, you may consider borrowing cash through credit cards. You can withdraw cash from any ATM, at a bank or credit union, or via a ...

6 Reasons To Pay Off Debt Sooner Rather Than Later

Thursday, April 24th, 2008

Debt (and plenty of it) is the predominant way of life for millions and millions of Americans.  Good, bad or indifferent, it is the mode of operation for most of us.  That simple fact is the primary reason why the current "credit crisis" is as severe and wide-reaching as it ...