Blogs
Two Common Characteristics of Champions
The other night I was watching Rocky II on TV (I love the Rocky movies), and I noticed something interesting. In fact there were two things that really stood out to me. And as I thought about this, I realized that all champions have this in common. You will find these two things in anyone who achieves great success in any field.
Senate Approves Bill for Hiring Unemployed
Wednesday Feb. 23, the Senate approved a bill that is focused on getting unemployed Americans back to work. The bill passed in the Senate by a vote of 70-28. The bill now moves on to the House and is expected to be passed shortly.
This bill allows for tax credits and exemptions for businesses who hire unemployed workers. Under this bill, businesses hiring the unemployed will be exempt from the 6.2% Social Security payroll tax through December, and it also gives them an additional $1000 credit if those new workers stay on for a full year.
Credit Card Rules Have Changed
On Feb. 22, the new credit card laws went into effect. This means new protections for you. But before you get too excited, there may be things to watch out for. Here are some of those changes, benefits, and things to watch out for.
Should You Fund Your Savings While Paying Down Debt?
Many people ask me whether they should continue saving or investing while they are getting out of debt. That’s a great question, because it is very important to save and invest for your future. So, is it right to keep building your savings when you’re in debt and if so how much should go to each?
Benefits of Buying in Bulk
Buying in bulk can be a great way to save money when you are buying things you know you are going to need anyway. Over the long-run it can save you a lot of money, and every little bit adds up. Why would you knowingly pay more money for anything?
Helping Kids Create Wealth Building Habits Early
My four year old son got $10 for something the other day and I thought it would be a great opportunity to teach him some great money management habits. The first thing we did was break down how the money was to be divided.
Would I Read a Book by Tiger Woods Now?
Most people on the planet are familiar with the Tiger Woods incident, and how his life has been affected. Several of his sponsors have dropped him, his wife is divorcing him, he has taken a leave of absence from golf, and he stands to lose hundreds of millions of dollars from his poor decisions. The guy who was the most recognized and one of the most loved athletes in the world is now one of the most hated, and fallen from his pedestal. So the question is, "Would I read a book by Tiger Woods Now?"
Save Big on Year-End Sales
Everyone loves a good sale, and no one ever wants to pay more than they have to for something. By buying during the end of season or year-end sales, you can get some great deals. Here are some great ideas on how to stretch your dollar.
The Real Unemployment Rate
With the unemployment rate at its highest point since the Great Depression, many are questioning whether an economic recovery is really beginning or not. The national unemployment rate is over 10.2% but what most people don’t hear is the “real” jobless rate is around 17.5%. Nearly 1 in 5 Americans is either out of work or under-employed. Those figures come from the U-6 measure of unemployment.
How to Start a Business with No Money in a Bad Economy
In an economy that is seeing the highest unemployment numbers since the Great Depression many out-of-work Americans are looking for work, but the jobs are scarce. Many have given up their job search all together. For the solution for the future we may need to look to the past.