Archive for the ‘money’ Category

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 ...

Save It Before You See It

Thursday, April 17th, 2008

Could you benefit by saving money you don't see each month? I suspect that there are plenty of people that treat their money the way I do - whatever is left gets spent (and then some)! For people like me, figuring out a way to save money "automatically" can make ...

Keeping “Zombie” Debt D.E.A.D

Thursday, March 20th, 2008

The spread of "zombie debt" means that millions of dollars of debt long forgotten may come back to haunt the people that owed it in the first place.  A distant relative of much hated debt collectors, 3rd party collectors buy bad debts for very low prices.  Whatever money is collected yields ...

Instead of Foreclosure

Thursday, March 13th, 2008

There are many reasons why record numbers of homeowners are facing foreclosure.  Some got caught up in mortgages that didn't match their incomes; others got behind when interest rates adjusted upward; still others didn't know options other than foreclosure were possible when cash ran short.  Coupled with the other economic ...