For the last few years, most of us have been enjoying a payroll tax of 4.2%. Of course, I use the term “enjoying” loosely. Beginning January 1, 2013, this payroll tax will return to its’ prior level of 6.2%. While it may not sound like much, it’s something that will affect almost everyone. This …
Putting the Senate’s Fiscal Proposal into Perspective
At about the time Champagne was running dry on New Year's Eve, the Senate proposed a "solution" for the overly-hyped Fiscal Cliff. Based on the proposed "deal," which I highly doubt will pass the Republican dominated House, it seems there was actually very little talk about reducing our …
Why I Think We’re Adding The Wrong Jobs
In my previous article, Why You Should Live Off 50-75% of Your Income, I made a point that I should have expanded on. When discussing what economic indicators I thought were meaningless, I said: "The fall in the unemployment rate doesn’t mean much to me either. The high-paying manufacturing jobs …
What Kind of Returns Can I Expect When Planning for Retirement?
Even with all of the drama the financial markets have seen recently, 2012 has been an exceptional year. You have most likely received your monthly statements along with your credit card offers in the mail, and you haven't had to question anything. Most people will look at their most recent balance …
Your Attention Will Soon Shift from The Fiscal Cliff to The Debt Ceiling
If you're ready to gouge your eyes and plug your ears because of the "looooming" Fiscal Cliff, Brace Yo'self! because shit is about to get worse. I'm confident that the elephants and donkeys running this country will soon agree to a mutually-acceptable solution. Maybe "solution" is the wrong …
Why You Need to Start Living Off 50-75% of Your Income
Have you listened to the news recently? If answered “yes,” you have probably noticed 3 underlying trends: 1. The economy is improving 2. The economy will get worse IF we don’t “solve” the Fiscal Cliff 3. The price of Milk is about to soar I’m sure there are a few trends …
I’m More Interested in Your Personal Savings Rate than the Interest Rate on Your Personal Savings!
That's a tongue-twister, huh? Whereas how much wood a wood-chuck can chuck is useless to debate, I can promise you that my title is extremely helpful. Where's The Best Place To Put My Money? This is a question I get 25 times each week. While exhaustive to answer, the question itself never …
