Congrats! Good for You! I’m really excited for you, truly. The process of buying a home can be really stressful. You’re going to swing and miss on more houses than you can count, but the only thing that matters is finding that perfect house. There are a few things that you should know before putting...
Published on Feb 01 2013
// Savings
Image Source: Flickr User Qfamily
A recent study has shown that under certain circumstances the average smoker who quits around age 20 could quite easily become a millionaire by the time they reach retirement age.
Paul Claireaux, writing for the Investor’s Chronicle, has produced figures which show...
We’ve spent some time talking about finding ways to earn more money. Now, let’s look at some vehicles for saving and investing. For quite some time, I’ve been investing in CDs. The appeal for me has been that I blocked my own access to the money, so I wouldn’t be tempted to spend it. Hence the...
The United States government, unlike other governments, expects its citizens to pay U.S. taxes regardless if the citizens lived and earned their income in other countries. If you live abroad for a year and make a living in another country, you are responsible for paying taxes to the United States on...
Published on Jan 18 2012
// TaxesDid you adopt a child in 2011? If so, you know how expensive and time consuming the entire adoption process can be. However, to offset some of the costs, you are eligible for the adoption tax credit, which was to be phased out in 2010 but has now been expanded and extended thanks to the Affordable...
The U.S. housing market might have some good news, Reuters reported on Sunday. It seems that for the first time since 2005, U.S. residential construction might be expanding a little next year. It might, in turn, add a little to GDP growth in 2012. It would add not much, of course, but it would complement...
As Reuters reported earlier this week consumer prices fell in October. It means that the cost of living unexpectedly fell in the U.S. last month. It could be a sign that at least some of the inflationary pressure is starting to subside. For comparison purposes: a year ago overall consumer prices rose...
Many people like investing in Treasury bills because they are generally safe, when compared to other investments. Indeed, even with current economic troubles, Treasury bills are still backed by the most stable taxpayer base in the world. As a result, it is relatively easy to feel confident went investing...
Inflation is an almost-silent eroder of your wealth. Inflation represents a rise in prices; it’s a decline in your purchasing power. One of the goals of your investing plan should be to beat inflation. Many estimates put average annual inflation over a long period of time at about 3% annually....
One of the personal finance issues seen with increasing frequency lately is that of food prices inflation. Another concern that may have you wondering about the state of your finances, and your level of emergency preparedness is related to the recent disasters that seem to be all over the news. There...
