Money Today That Matters Tomorrow
When the $787 billion Economic Stimulus Bill – known as the American Recovery and Reinvestment Act – was signed, there was a promise to provide full transparency on it’s expenditure and to ensure that every dollar is tracked. Like so many earlier government promises, this one also is starting to …
[Latest Stimulus Check Update for Seniors] While multiple rounds of stimulus payments have been made over the last two years, many are asking if the government will make another (4th round) of payments to help folks cope with higher inflation and the rising costs of basic goods and services. $900 …
Today, I’m going to show a few ways to save money using credit cards. However, to take advantage of this, you have to pay your bills in full every month. If not, then credit card issuers are taking advantage of you. Also, I just want to mention that credit cards …
The Labor Department reported recently that unemployment reached 9.8 percent in September, the highest level since 1983, and that 10% unemployment is likely by early next year. With record unemployment and a need to ensure the economy doesn’t fall back into a recession, the Obama administration is considering the addition …
As a result of the recession, social security retirement and disability benefit claims have risen 50% more than expected. Bloomberg reports that the 150,000 extra retirees claiming benefits may add to the financial pressure on the entitlement program and that expenses would exceed revenue beginning in 2016, with the social …
Doh! I just received a speeding ticket in the mail after getting booked by an automated speeding camera while driving through Maryland a couple of weeks ago. After doing some research on automated speeding cameras I found that more and more states (90%) are using fixed speeding camera’s because they …
There are a number of factors that come into play when calculating your life insurance premium. It would therefore be worthwhile to know exactly what goes into the calculation process and whether you can do anything to reduce your life insurance rate from your end. Insurance companies all have certain …
With higher inflation looming on the horizon thanks to the extraordinary increase in the money supply from all the government spending on stimulus and bailouts, many investors are rushing into purchasing “inflation protection” via Treasury inflation-protected securities (TIPS). How TIPS Work These securities are essentially government-issued bonds whose principal grows with …
Despite a strengthening economy many low- and middle-income families are struggling to make ends meet and the last thing these families want to think about is taxes. However, it is precisely at the this time, with all the government stimulus payments on offer covering unemployment to housing that people need …
See this article for the latest IRS tax brackets. Federal Income Tax Rate and Brackets and various tax benefits will remain unchanged or change only slightly over 2009 levels as shown in the table below. Consumer Price Index (CPI) data released by the Bureau of Labor Statistics (BLS), used by …
Like me, a good friend of mine recently bought a house after a long and arduous search. In talking with him I thought his journey to buying a house would provide some timely advice for those in the market to buy a house (hurry before the new home buyer credit …
See the latest 2020 economic stimulus measures to tackle the economic fallout from the Coronavirus outbreak. [Updated Jan 2011] : No New Taxes with Tax Extensions Approved. President Obama has now signed into law a bill that covers a temporary extension of all the bush-era tax cuts. The new bill also contains …
Could the economy and stock market be recovering faster than we expect? In terms of the Economy, Fed chairman Ben S. Bernanke said the worst U.S. recession since the 1930s has technically ended and cited various signs of a recovery. Even President Obama has said that the embattled US economy …
Gold futures surged to $1,013 an ounce last week, the highest closing price on record and the first above $1,000 since February. The advance resulted in another weekly gain with gold prices having climbed for four straight weeks. SPDR Gold Shares (GLD), a huge ETF that holds more gold than …