Archive for the ‘finances’ Category

Wal-Mart CEO: Recession Has Changed Consumers for the Better

Thursday, January 22nd, 2009

Suggesting that retailers “are closer to working men and women… than any other industry,” Wal-Mart CEO H. Lee Scott addressed the public once more in his farewell address after ten years at the helm of the retail megastore. Scott offered a candid take on the country’s current economy and where it’s ...

Princeton Review: Which Colleges Are the Most Affordable?

Wednesday, January 21st, 2009

Just because you’re in a bind financially doesn’t mean that you’ve got to settle your collegiate aspirations. The Princeton Review’s “2009 Best Value Colleges” report suggests that there are a number of extremely reputable colleges and universities, both private and public, working hard to help qualifying students pay for their ...

5 Reasons to Buy a Home Now

Tuesday, January 20th, 2009

There’s a brief exchange I had a few years ago with a friend’s father that I’ll never forget. We were sitting outside a Washington DC lunch spot talking about what I was going to do when I got out of college when I asked Mark, who’s been a real estate ...

Giving Obama’s Stimulus Package a Closer Look

Wednesday, January 14th, 2009

President-elect Barack Obama’s proposed economic stimulus package has garnered a great deal of hope and optimism from those being directly affected by the recession, but that doesn’t exactly mean our country’s financial tide will turn on January 20 when the Illinois senator is sworn into office. In fact, Obama’s camp has ...

Tax Returns Get User-Friendly This Year

Wednesday, January 14th, 2009

In light of the messy economic situation and the hardships our government is expecting Americans to endure in the coming months, the IRS has loosened its generally tight grip on the way it does business. Taxpayers should expect a little more leeway when it comes to paying their taxes, among ...

Tax Questions to Ask If You’re Unemployed

Monday, January 12th, 2009

Those who weren’t working in 2008 should check out CNN Money’s “Tax Tips for the Unemployed,” a brief FAQ intended to help the aforementioned as we head into tax season. The six-part write up does a lot to answer any questions and concerns you may have about your taxable finances. CNN ...

Can You Avoid Higher Roth IRA Taxes?

Friday, January 9th, 2009

Attn: Retirees – Yes, You Can Did you know you can switch your assets back to a more traditional retirement account if your Roth IRA isn’t holding value? It’s true, and CNN Money Magazine’s Walter Updegrave suggests the oft-overlooked tactic can be a smart move as our country looks toward what’s ...

Wells-Fargo Takes Control of Wachovia

Tuesday, January 6th, 2009

Wells-Fargo & Co. completed their $12.7 billion acquisition of Wachovia Corp. this past Friday. The California-based bank now heralds itself as “one of the strongest financial companies in the nation and America’s #1 small business leader” and can now lay claim to over $14 trillion in assets. The move puts Wells-Fargo ...

Must Read: Bailout Cheatsheet – The Trail of Tax Dollars

Monday, January 5th, 2009

CNNMoney.com has a great outline of where and when money has been allocated for this economic bailout we’re paying for in tax dollars. Check it out here. We’re beginning to wonder what the figures for Citigroup loan-loss backstops and Auto industry energy efficiency loans will look like when all’s said and ...

2009 Senior Savings Get a Boost from Congress

Monday, January 5th, 2009

Senior citizens across the country got good news in December when reports out of Washington stated that Congress suspended the law that requires those 70 ½ or older to withdraw funds from their retirement plans in 2009, even if they don’t need the money. Traditionally, senior citizens have had to ...