In today's economic climate, many Americans are falling victim to credit card debt, an empty savings account, and inadequate retirement planning all because they never had a single course in financial literacy.According to Ben Bernanke, the Federal Reserve Chairman, "the financial preparedness of our nation's youth is essential to their well-being and of vital importance to our economic future," "In light of the problems that have arisen in the...more
For numerous high school seniors expecting their college entry, financial support may be something to think about. Even those people who have been left some years ago and are thinking about attending college are considering how they can pay for their college tuition. You should not fear! The next tips will help you in financing your college education.1. Before entering the first year of education, or upon entering a certain academic year, you...more
I have a big problem with procrastination. I keep putting off important tasks and this is affecting my finances. I hadnt paid income taxes for several years and I was happy when I heard of the tax amnesty. I delayed getting an accountant to sort things out and now I have to pay significant penalties that could have been avoided. I also lost out on renting the perfect office space because I didnt act fast enough and someone else jumped on it. My life is littered with missed opportunities caused by me dragging my feet. What can I do to cure this horrible habit?Dont worry - you are not alone in your procrastinating habits. I too have experienced that sinking feeling in the pit of my stomach after missing out on a great deal or the chance of a lifetime just because I took too long to take action.Almost everyone procrastinates on important issues, whether its starting an exercise programme, clearing away clutter, or doing homework. However, when the delaying tactics have to do with money, then procrastination can bring tremendous personal and monetary cost.Rita Emmett, in her book The Procrastinators Handbook - Mastering the Art of Doing It Now, notes that procrastination can take a...more
If this is your first time ever really giving thought to your finances, you can consider this your introduction to finance. Money is a very important part of our everyday lives and having control of how if flows in and out of your hands can make a world of difference. Even though there are countless articles and books on the subject, it is...more
More marriages break up because people fight over money than than any other single cause, including adultery. Engaged couples tend to dance around the question of how they will handle the money as a couple, when they finally make it official. The good news is that to ensure that both of you are on the same page about things like budgeting and...more
Bad financial Traits There are some who abstain themselves from complaining when it comes to money matters and try to do something about it by saving money diligently and consistently for future, and also by working hard. Thus they become rich and others keep nagging about their finances. This has really been the scenario particularly in US till the recession crept in and people had to take refuge with procedures like debt settlement, with the hope that they will get a waiver for the huge amount of debts that they incurred.Let us first study the important traits of not so well to do's.The big flat screen LED TV that has been replaced by the normal one in those families which were practically surviving from paycheck to paycheck, only because it looks cooler than the old one? Certainly not! All because the normal ones had disappeared from the market.Those that have the most complaining attitude over money has been observed to have at least one premium cable channel, but brush it off easily by saying that it's a part of a package. But it wise to think about the credit card debts that you have in comparison to the money that you are paying to view that channel.Dining out is...more
In the last few months the number of companies facing the financial distress has increased at alarming rates. From small scale business entities to large companies like the General Motors, the companies that filed for bankruptcy under the Chapter 11...more
Surviving a Collision Bodily and Financially You've just gotten into a collision. Perhaps someone rear-ended you or you took your eyes off the road for a second and wandered into an intersection causing a pileup, or maybe you just bumped a car...more
How to Create Financial Independence While the sky was falling during the recession, many people who thought they had a "safe and secure" job learned that the world economy has changed. The days of finding a secure job for life is pretty much...more
Do you think that you will not be able to meet your needs on time? Unexpected expenses and unfulfilled desire are not letting you to live your life with pleasure? If you are having a debit card under your name, debit card advance is the suitable loan...more
Financial aid is a difficult for some students while for others it is a snap. In this respect there are a lot of suggestions on how to improve students situation when in need. The thing is that the devil is not as black as he is painted. So,...more
Though a lot of parents save money for their children to attend college, though loans and scholarships are available, though many students have part-time jobs to provide themselves, the help of the state is also necessary since the primary duty of...more