The stock market’s Dow Jones Industrials index recently reached the 10,000 mark and although the stock market hasn’t reached that mark in over a year, what is the significance of this seemingly random financial statistic to non-stock market investors?
The movements of the stock market reflect the confidence of investors in our economy’s corporate future. [...]

The budget deficit is at $1.4 trillion….the highest mark since World War II. However, considering all the economic data, the $1.4 trillion is understandable and a sign of the economic times the nation is experiencing. One must remember that the government gets a bulk of its money from the taxpayer and with the [...]

Most people believe that paying their credit cards on time will prevent them from paying extra charges. However, card holders should double and thrice check their statements as many banks including Citibank are charging extra fees in the form of supplemental annual fees for instances such as a lack of transaction activity. (Remember if [...]

A major part of financial literacy is an understanding of the rules of money. And there is nowhere better place to learn about rules than within hall of Congress. After all, these are the lawmakers of our society and they decide upon taxes levied and the regulation of commerce. The easy thing [...]

Any unplanned and/or unaccounted for holiday can leave a month feeling a little “longer” for anyone living on a “month to month” budget. Particular attention should be given to the holiday months and the high expenditure amount associated with this time of the year. Typically, the time spanning from Thanksgiving to New Years place [...]

As companies are laying off personnel and employees are choosing early-out options on retirement, many people are found with a “larger-than-pay-period” check in their hands in the form of severance pay. These compensation payments place large sums of cash in the hands of people after lean financial times and leave the recipient facing tons [...]

Okay, the holidays are here. …I was lured to purchase candy by a Halloween display…away from the regular candy aisle. In addition, I witnessed large quantities of canned pumpkins and cranberry products being stocked. Later, while watching the ball games, I noticed creditors gearing up for the spend-crazy, winter holidays. The creditors [...]

Can you guess the name off a song I am thinking if I were to tap the beat of the song? I will give you a hint. It’s a song we sang every year, at least once a year. Tap, Tap, Tap, Tap. Can you guess? The “Happy Birthday Song?” Sorry, that’s [...]

The current unemployment rate is 9.8% And as the rate sits at its highest level in 25 years, economists expect the unemployment rate to surpass the 10% mark this year even as the economy improves. This essentially means that 10% of all non-military employed persons or persons actively seeking employment are out of work. [...]