Stock Investing Gift Cards are a great, easy way to give stock to someone you care about. Gift cards have long been a huge part of holidays, birthdays and other celebratory traditions. They're a quick and easy way to offer someone money while still including a personal touch by purchasing it from their favorite store. But what if gift cards offered more than just the joy of a one time purchase? What if the next gift … [Read more...]
Top 10 Tips for College Planning
College Planning 101 College planning is a necessary part of life for anyone who wants to work within an advanced profession. Careers in fields such as medicine, education, engineering, law and politics typically require workers to have some type of college background. Many companies, firms and government organizations are not asking people to be college educated for no reason. They want competent, knowledgeable and … [Read more...]
Top 10 reasons Single Payer Health Care is better then Obamacare
Bernie Sanders wants Single Payer Healthcare for all. Do you? Obamacare definitely expanded health coverage in America. It is estimated through this program over 16 million more people now have health insurance. Employer sponsored coverage also grew by approximately 8 million people and the law expanded coverage to more Americans using all parts of the health insurance system. Obamacare did expand health coverage but it … [Read more...]
Understanding Deductions for the Self Employed
It's tax time. Are you getting a refund? Understand deductions for the self employed can be the difference in owing or getting money back from your tax return. Whether you are a freelancer or have your own small business, there are tax deductions that can provide you with a lot of savings. It pays to know what actually counts as a deduction in order to lower your tax bill. Below, we explain what the IRS allows for … [Read more...]
Kid Friendly Roth IRA = 7 Year Old Millionaire
Let's talk about how a Kid friendly Roth IRA can set your child up to become a millionaire. Saving money is an important part of life and this is especially true for kids. Many parents feel that the financial climate is only going to get worse as time passes. Prices are going to rise and unless a child is prepared they are going to financially struggle in life. Parents that start to save money for their children while … [Read more...]
Federal Reserve and Negative Interest Rates
The Federal Reserve is the source for America's Money! What is the Federal Reserve? The Federal Reserve Bank (FRB) is likely the most important entity in our country as it is our central bank. It has four tiers, was established in 1913 as a result of the Federal Reserve Act and has 12 regional banks. The United States is a country that was kind of late starting a central bank as countries go, and it was borne out of a … [Read more...]
My relative has bad credit - Should I cosign?
Should I cosign? Before you cosign on a loan let's be clear what it is. What is cosigning? It is the act of signing on another person's debt with them, (a car, house, any type of loan) guaranteeing that the cosigner will make the payment in case the buyer cannot. In this article, you will learn the pros and cons of cosigning, what a cosigner does, and why someone needs a cosigner. Back in the day, a man was as good … [Read more...]
There are 3 reasons Social Security Will Never Go Bankrupt
Do you really think Social Security is going bankrupt? Think again - Social Security is here to say... in one for another. They say Social Security could go Bankrupt- But that's not Possible. One of the most illogical scenarios is for Social Security to go bankrupt. Running out of money is not possible for this fund; it can be eliminated or suspended but not penniless. The way Social Security is set up- an immediate … [Read more...]
Hyperinflation Is A Wealth Killer
Hyperinflation Is Really Bad Let's start off talking about regular old inflation. They we'll get in to hyperinflation and why it is a wealth killer. Inflation is basically the rise in prices of products and services of an economy with a result in reduced value of the widely accepted currency in that economy. Although it may sound like a bad thing, inflation has economic benefits and is also a determinant in the … [Read more...]
Hey IRS, Where Is My Refund?
Are You Tired Of Asking The IRS Where Is My Refund? All year long millions of people work hard and pay taxes. When tax season rolls around many people are anxious to receive their IRS refund, and many more need it to help keep their families afloat for the year to come. Because of this, many people are often agitated, waiting daily for their refund. To help ease some of their anguish, the IRS has created a tool. The IRS … [Read more...]