March 2009

Church, Religion and Questionable Financial Advice

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This is a somewhat controversial guest post by Tony Parker. I was debating whether to publish it given religion and finance are a dangerous mix. However, I think he does make some valid points and it would be interesting to see what others think. I am always amazed at the power of religion in times [...]

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Last Minute Tax Tips

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I just finished doing my taxes! A great feeling, especially now that I am expecting to get a refund. However a large number of folks are still to file, with the IRS reporting that with only a couple of months to go before taxes are due only 30% of expected returns have been filed. Having completed [...]

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The Beginning of the End for the Mighty US Dollar

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It looks the rest of the world is getting tired of using the once mighty Greenback as it’s reserve currency. Recent reports show that China and other emerging super powers have started seriously calling for the creation of a new global currency to eventually replace the US dollar. China, the largest foreign holder of US [...]

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Protecting your Job in Turbulent Economic Times

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With the meltdown in the financial sector and a general slowing of the economy it is at times like this we need to most careful of protecting our financial livelihood, which for most people is derived from their jobs. Positions that seemed safe just a few months ago are at risk due to company collapses [...]

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Breaking Down and Improving your FICO Credit Score

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As you may know, based on some recent articles, I have started my home buying process. I have looked at many factors like the economy, monies available for down payment and job security when weighing the decision to buy a place. However, I have found that the one financial factor that seems to be the [...]

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2010 Small Business Jobs Bill – Tax Breaks, Credits, SBA Loans, and Bonus Depreciation

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[Update Sep 2010] Following on from President Obama’s plans to help small business, Congress and the President have approved the Small Business Jobs Bill ( H.R. 5297) to cut taxes, provide more SBA funding and ease credit for small businesses (details below). The legislation would create a $30 billion lending program and provide small businesses with $12 billion in [...]

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Where is the stock market headed?

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My dad use to say, “you can’t get blood from a turnip“. When you hear this phase during your younger years, your thoughts tend to imagine a guy squeezing a turnip and hoping blood will come out. Your next thought is something along the lines of, “why would someone squeeze a turnip, to get blood?!”. [...]

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What is a Structured Settlement and Benefits From a Tax and Payment Perspective

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I received a letter in the mail the other day from some legal firm saying that they were on the verge of winning a class action suit against a large medical corporation and that I could be entitled to part of their structured settlement; if I could prove I had used a particular cholesterol drug. [...]

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Life Insurance – Whole versus Term and choosing the right option

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As I get older and my family grows, one question that comes to mind is, “will they manage if something happens to me? Particularly from a financial aspect.” I can’t do much to prevent the emotional impact, but I want to ensure that my family will not suffer financially if something should happen to me. [...]

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10 Fast and Easy Ways to Get, Save and Make Money Quickly

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Nowadays every extra dollar counts more than ever. Despite decent income from working a regular job, once taxes and other fixed expenses are accounted for, it is getting harder and harder to make ends meet. Since there are only twenty four hours in day, physically working more (provided you can even get a job) is [...]

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