February 2011

How Do You Define The Middle Class?

Personal Finance
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When I was growing up, people talked about three main economics groups within society. There were the rich (upper class), the poor (lower class), and everybody in between (middle class). Investopedia recently posted an article looking at 6 signs that you’ve made it to middle class. As I looked at some of the signs on […]

You Won the Lottery! What Would You Do?

Personal Finance
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I’m sure we have all dreamed of “winning the lottery” at one point in our life. Dreams of what things we could buy, what we could invest into crowd our thoughts. So let us put the ideas to paper. Let’s say we won $1000 with a lottery scratcher. No, that is not enough to become […]

How To Lower Or Eliminate Your Cable Bill

Frugality
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Many people are still struggling to cope with their new economic reality after the most recent recession. One of the fastest and most effective ways to make a financial change is to lower your cable bill, or even eliminate it completely. Here are several options that you have to lower your cable bill. How to […]

Mortgage Broker or Banks: Who Should Be Your Mortgage Lender?

Home Loans
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Buying a home is not something you should embark on alone, and so many of us rely on the advice from those in the business of selling home loans each and every day. It is invaluable to be able to ask your mortgage lender not only about your down payment, but also to seek advice on […]

4 Things The Apostle Paul Teaches Us About Money

True Wealth
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The Apostle Paul is the most well-known Christian missionary. He was beaten, persecuted, shipwrecked, and thrown into prison numerous times for his faith, yet wrote half of the New Testament! Most of the church doctrine you see today is either a direct or indirect result of Paul’s writings.  Paul was an amazing and gifted man […]

How To Organize Yourself For Tax Preparation

Taxes
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Ever since I became a tax preparer, I’ve noticed how little people actually pay attention to their finances…especially their taxes! Most people simply throw their receipts into a shoebox, grab a bunch of unopened envelopes (which they believe contains their various tax documents) from employers, banks, and mortgage companies, and dump all of this paperwork on […]

Should Your Credit Card Have No Preset Spending Limit?

Credit Cards
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When selecting a credit card or a charge card there are myriad options and features to consider. You must compare rates and fees, decide what type of rewards you want (in any), and determine from which issuer and on what network your card will be. The breadth of this process is ever-changing as features, products […]

Is There A Difference Between Investing And Gambling?

Investing
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Is investing in stocks nothing more than just gambling? Are people who toss their money into the stock market no better off than those who take frequent trips down to Las Vegas in order to “strike it rich”? Have those who seem to know how to invest successfully, just had a string of “good luck”?  […]

What Is a Mutual Fund?

Investing
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Mutual Funds are no longer an arcane investment tool, but have gained enormous popularity over the past several decades. As the common investment vehicle used in most employer 401K benefit plans, mutual funds are the investment vehicle of choice by over 80 million Americans, constituting over 50% of available households. Although the origin of mutual […]

5 Things You Should Consider For Your 2011 Payroll Tax Savings

Personal Finance
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As we are probably all aware, the federal government passed the tax cut extension at the end of last year. Part of that extension was the payroll tax break that provides a 2% payroll tax cut for employees, which would result in tax relief of an estimated $120 billion for workers. This means we get more in […]