Why Debit Cards Are Risky
Buffett Promises to Pay Off National Debt
4 Best Sites for Side Income
Saving Money Vs. Paying Off Debt
12 Days Winner: Robert Kiyosaki
Photo courtesy of gtorelly via Flickr
When we think of investing, we often think of people in black suits with shiny briefcases putting a few million here and a few million there. However, investing just means using money now in a way that will benefit you later, and you can certainly do that with just $100. 
No matter where you are in the nation, it’s always a good idea to open a savings account with an interest rate that boosts the earning potential of your deposits. The best savings accounts are sprawled throughout every region in the country, making saving money a more feasible option for just about anyone in the month of October.
Some previously featured savings rates from September are still strong contenders in October’s Savings Score Card, but there are a few more savings accounts which cropped up to the top that can get you on your way to earning interest from the best savings account rates available.
According to an announcement this week by the Internal Revenue Service, individuals contributing to their 401(k), along with other retirement plans, will be able to add more tax-free money to their accounts next year. The contribution limit for employees participating in these retirement programs will increase to $17,000 for the tax year 2012.
401(k) Retirement Contribution Increases for First Time Since 2009
Continuing advances in breast cancer treatment may be improving the odds of survival for many cancer patients, but this advanced technology also means that the cost of treating this disease may be higher than ever. Even for those with insurance, the medical bills associated with breast cancer treatment are a significant burden.
Researchers from the Duke University Medical Center and the Dana-Farber Cancer Institute examined the costs and pegged them at about $712 per month, even those with insurance coverage. Fortunately, the IRS does allow cancer patients to deduct their medical expenses, which can help ease some of the financial burden of fighting this disease. Here we’ll take a look at how medical tax deductions work and what breast cancer patients can and can’t claim.
As a 20-something single, I myself have casually wondered when (if) I’ll have children of my own. Regardless of your status–whether you’re married, single or are in the process of rearing your own kids– an unspoken acknowledgment that a bouncing bundle of joy can very quickly lead to a blown budget echoes in the background.
Today is International Credit Union Day, and local CUs have plenty to celebrate. The recent outrage over rising bank fees and spreading Occupy Wall Street demonstrations have put national financial institutions in a negative light, to say the least. All the while, local banks and credit unions are snapping up enraged customers left and right.
Every year, millions of Americans make resolutions to get back into shape. The formula is usually the same: Improve diet and increase exercise to achieve better health. Sounds easy enough, right? If only it were as easy to do as it is to type.
Why is it so difficult to follow these simple steps? The answer is simple, too: Choices. Other things take priority over exercise and diet, so we choose to put fitness aside. The more we ignore it, the harder it is to meet our goals and we’re back to making the same new year resolutions all over again. It’s a vicious cycle.
Investing in “hard assets” continues strong with persistent threats of inflation, deflation, currency, banking system and economic collapse. Rapid industrialization in BRIC nations and other emerging market countries, coupled with the increasingly pressing issues of food and energy security and environmental degradation have all fueled a decade-long boom, not only in the prices of hard asset commodities, but in the shares of companies involved in these economic sectors.
As home prices continue to plummet and unemployment remains a huge problem, more and more homeowners are turning in the keys to their homes and refusing to make any more payments on their mortgages. However, walking away from an underwater mortgage, known as strategic default, has long been a subject of controversy and often viewed as highly irresponsible– until now.
As America continues to work through the provisions in the Dodd-Frank bill, commonly referred to as Wall Street Reform, there’s huge controversy over just how this law is supposed to work and whether it will ultimately be effective in its general goal: To prevent another great unraveling of the American economy like the financial crisis that reared its head in 2008.
