When it comes to managing the U.S. Federal budget, Republicans talk a good game about smaller government, balancing the budget, paying off the deficit, and rescuing the Social Security trust fund. And yet they have never succeeded in realizing those goals. In fact, only one President in U.S. history has ever succeeded in paying off the national debt: Andrew Jackson. […]
How a Good Economy is a Great Opportunity for a Recession-ready Business
Here it is late 2018 and the economists cannot decide if we’re going to stay in a “booming” economy or if recession is just around the corner. While I don’t like to get into arguments about economics, it does look like the average worker isn’t really gaining anything from President Trump’s tax cuts. “Trickle down” economics only helps the rich […]
2018 Is Bitcoin Trapped in a Trading Range?
I admit I am not a fan of Bitcoin and other cryptocurrencies. As investment opportunities they lack true opportunity, in my opinion. Bitcoin doesn’t generate any real value by itself. If you buy commodities at least someone else will buy and consume them. 1 million bushels of corn are a tangible asset. They will go somewhere and be used. 1 […]
Where Should We Invest Next?
If you have some money laying around waiting to be invested, where should you put it? We’re apparently at the beginning of a long economic growth cycle if the stock market is to be believed. The S&P 500 is at an all-time historic high and so are other stock indexes. Investors have gone full bull on the markets. That’s no B.S. […]
Learn from the Experience and Success of Others
You may not have a mentor guiding you through life but the Internet makes it easy to follow in the footsteps of successful people whose accomplishments are documented in news stories and Web biographies. If you want to know how some guy got rich you can usually learn just by searching for his biography or finding interviews he has given […]
How to Leverage a Warehouse Club Membership into Savings
If you are tired of paying full retail price for groceries and household goods you will start looking for ways to save with coupons or warehouse clubs. If you really want to learn more about coupons then check out a good site about saving money with coupons, but beware the “coupon trap”, where you start buying products you don’t need […]
How Much Money Should You Save for Retirement?
What is a retirement fund to be used for? Are you really going to wait until you are 70 years old before you dip into your lifetime savings? History teaches us that not everyone lives that long. And of the people who do many have to dip into their savings more than once. So what is a retirement fund to […]
5 Ways to Save Money You May Not Have Known About
We all want to save money. In fact, the secret to financial success is quite simple: spend less than you make. That is what makes people rich. If only we all understood that in our bones. But while you are spending less than you make, what can you do with what you save? Put it in the bank? Buy stocks […]
Secrets of No Credit Check Student Credit Cards
Leaving for college is a big step that causes many students to step back and begin planning for the future. One way that students can protect themselves is by getting a credit card. Having a credit card will help a young adult begin building their credit history, while ensuring that they are prepared for unexpected expenses. However, if a student […]
You May Not Have to Pay That Debt Collector But You Must Respond
Junk debt collectors buy information about closed accounts from banks and retailers. These accounts, charged off by the institutions or through bankruptcies, no longer exist in accounting terms but they constitute a grey area under the law. When your bank charges off a debt they are saying to the government that they will no longer attempt to collect payment from […]