While waiting for my order to be confirmed (at the drive-thru of one of my favorite fast-food joints), I guiltily calculated the damage. I was cheating on my financial diet, but by the time I carried the one, I reasoned that I had done fairly well for the month. Hence, celebratory buttermilk biscuits were ok…dare I say, very...
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Here I go again. I feel the need to explain why, besides the damage they have wrought to the stimulus plan, the Republican push for tax cuts is an ineffectual and misguided economic policy. Besides a few economists that are friendly with the highly partisan Heritage Foundation, most agree that tax cuts are not an effective way...
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President Obama’s stimulus plan passed in the House of Representatives with no Republican votes. Now the bill must pass the Senate before it goes to a Conference committee. Once it leaves Conference Committee, the final version will be voted on by both the House and Senate. Thus, it is very likely that the current bill...
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Budgeting: A very powerful and extremely important and responsible practice that is overlooked by many. If you’ve never considered it, or don’t think it’s important, don’t expect to have a bright financial future…period. Being that this practice is a vital foundation of a great business model, I ranked...
read moreThe idea of owning a home is in many ways integral to the American Dream. The notion of property ownership conveys the idea that you have a stake in the future of the country. Those with a vested interest are more apt to do what is required to protect their investment. However, the rapid deflation of the housing bubble has had a...
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The housing numbers are frightening. Not only are new home starts at historic lows, but economists are predicting an even higher number of foreclosures in 2009. A foreclosure is a proceeding in which a lender or creditor seeks to repossess the collateral for a default loan. Considering the deteriorating state of the economy,...
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