The judicial system doesn’t make the laws, but it’s responsible for interpreting the Constitution. As a result, the law evolved to reflect these court decisions on countless occasions throughout history. This infographic highlights influential trial results and the changes implemented as a result
Banks are a sneaky bunch and for those not paying attention they could be the next victims. Now, for a long time banks have been taking money out of the hands of their customers for careless mistakes. Whether you thought this was fair or unfair the truth of the matter is that it cost you and others just like you a pretty penny. However, just last year the government stepped in to prevent banks from doing things like charging overdraft fees and the banks were none too happy, so they decided to fight back.
You may have heard of something called overdraft protection. You have certainly seen your bank ask you about it in the past few months. Whether it has been online or in the bank branch they have been trying to get you to enroll. The idea that they are pitching to you is that it’s the best way for you to keep from having the embarrassment of getting your card denied. However, there is more to the story than just that. This is not as nice an opportunity as it seems.
The idea is that if you do this you’ll go back to the way things were. This means that you will be able to have the bank cover you for your losses but you’ll end up paying the same type of high overdraft fees that the banks just were forced to get rid of by the government. This is a very serious situation and it’s one that you are likely better off declining. If you are having trouble staying in the black then you certainly don’t need the threat of overdraft fees staring you in the face. Be smart and say no to overdraft protection. It won’t protect you.
By now you have heard all you have ever wanted to hear about the jobs bill but that doesn’t mean you mean or know a thing about it. What does it mean and what is it going to do for the regular folk who have been on hard times for as long as they, or anyone else, cares to remember? Let’s take a look into this bill and find out what it all really means.
This might be the biggest and most progressive movement in the presidents bill. As it currently stands there are a great number of businesses that half to pay payroll tax. What this means is that the more money they spend on payroll the more they have to pay in taxes. However the government is looking to cut that in half and that will be a welcome change. This means that companies may be willing to spend more on staffing with some of that savings.
Adding New Workers
New workers really are going to help out businesses. It might not seem that way but that with the new jobs bill there would be a payroll tax holiday for those who are added on to a payroll. This means that if you own a business and you want to bring on new employees you’ll be getting a tax break. This is also looked at as a way for some of the small businesses to grow.
These are just a couple of the proposed payroll changes to that would come about as a result of the jobs bill. It’s a progressive moment that is sure to raise debate over the next year as it works its way through congress.
College tuition costs have sky rocketed in the past decade. These huge tuition payments have made student loans necessary for most students. When you compound these loans with a poor job market you get the very real possibility of student loan debt leading graduates into bankruptcy. Plus, when you add U.S. policy on discharging student debt you end up with a disaster.
Saving money on your monthly expenses is a simple game of how much you are willing to part with for the betterment of your financial situation. Now, this doesn’t mean that you have to spend the rest of your life living like a pauper. What this really means is you have to spend the rest of your life living the right way by taking the right steps to insure that you are keeping your cost down and you are keeping your income high. So, here are some money saving measures that you can institute today that will keep your savings sky high.
First thing is first, you must get rid of your grocery bill. Yes, this really does matter. At the end of the day you have to eat but there is a good chance you are shopping at the higher end chain when there is a much less expensive chain just right down the street. You have to be smart enough to shop for groceries the right way.
The cell phone bill that you pay is likely higher than it needs to be. While you might be getting the best deal for your needs you need to redefine what a need is and you better do some checking just in case. You could be saving well over 50 dollars a month. That might not seem like a lot on the day to day level but over the course of a month it can add up into a tremendous value for you and your family.
These are two simple ways to begin saving immediately. Please do not be fooled by how hard it may seem, it’s a lot easier than you think.
Budgeting is not as easy as it seems. The contrast to that is that it’s not as hard as it seems either. The idea for a good budget comes more from an overarching philosophical belief than it does from an understated approach to day to day living. What does that mean in the long run? Well it means that seeing the bigger picture for the budget is much more important than seeing the small picture, even if that picture is relatively clear.
The basic ideal when it comes to a budget is making sure that you setting goals that extend well beyond the small day to day stuff. The reality is that unless you are working towards achieving something you will likely find a way to spend the money. It’s hard to want to save money that you have very little interest in using down the road for something helpful.
Some of these goals can be moderate in nature. For instance you can figure that instead of worrying about such things as retirement you might be looking at something more immediate in a relative sense but something that might require a healthy diet of discipline and self reliance like buying a car. Once you have the big picture stuff in focus it makes going to the smaller things much easier because it’s all geared toward that big thing.
The idea of budgeting is something that should be adopted by all people. It’s something that needs to be addressed especially when coming into an increase in income because that’s the time when most money mishaps occur. If you can keep the big picture in front of you you’ll be ready for the day to day.
The whole world is buzzing these days about the Presidents jobs bill that he plans to have passed. Now, on the surface there is nothing wrong about this bill. The idea that Americans should get more jobs is not a novel concept but a bill of this nature is a welcome and progressive movement. However, just because they are wanting this initiative doesn’t mean that it will get passed. There is going to need to be some serious changes before that happens.
The first step in the long process is figuring out where the money is coming from. Now, the President is firmly in the belief that the money can come in by cutting out taxes for the rich. Right now there are so many tax breaks for people in the larger income bracket that it seems unfair from a distance. Of course many of these people use their wealth to create more business opportunities and increase the amount of jobs that there are. So there should be some certain push back.
One area that is likely to get the most support will be in reference to not exempting tax breaks for company who outsource jobs. This has been a sore spot for the american people for a few years now. These company who are going out of country to put jobs in place are still allowed to get the same tax benefits and write offs that they do. The jobs bill would hope to hammer them for that. This could cause an influx of money that could really help the country to get back on its feet and to get people back to work.
The new housing market is starting to send prospective homeowners into a frenzy. The question of whether or not they should be buying is starting to make many panic. The short answer to a long and complicated question is they shouldn’t, or at least they shouldn’t panic to buy now.
Yes, there is some truth to the idea that the presidents new jobs act might end up stimulating the economy and putting the housing market on the upward trend but if you are one of those people who have visions of insanely high priced real estate you should think again. There are many factors that have determined why there won’t be another surge in the market.
The first is the banks. Banks were a major culprit in the housing surge of the last decade and they are still a key ingredient for people looking to own, the reality now is that banks are not giving out mortgages the way they once were. The truth of the matter is that banks are very cautious and without mortgages being passed out like candy there is hardly the worry that people will be outpriced in their housing hunt.
The market sees the housing rates go up when there are plenty of buyers out there. While there are some buyers still on the line there are far more people who are choosing to wait rather than to buy. Renting is not something people are settling for, but rather it’s something that they are openly choosing for it’s variable cost and flexibility. So if you are thinking about buying but worried you’ll be priced out when you are ready, think again. Things have changed.
There are simple steps for people who are looking to keep themselves on a budget. Most americans are finding that keeping on a budget is much easier said than done. Of course it’s not as hard as it seems. Not nearly as hard as it seems.
The first key is to give yourself enough room for error. Nothing is ever as little as it seems. The prices you set for yourself are going to have to be honored and while you don’t want to blow your coverages out you want to make sure they are at a level that you can keep up with.
Something else that you will have to consider is where you can eliminate costs. Many people spend time trying to shave dollars off monthly expenses but the truth of the matter is that they should be spending time doing the things to eliminate monthly expenses altogether. This is the part of the lesson where it takes a real discipline to say no to the things that you think you like but you really don’t need.
Your tanning is one of those expenses that while you might like it you don’t need it unless it is serving some sort of function of your job. Keeping things like this is choosing vanity over stability. That’s something that you cannot continue to do.
In the end the decision to budget is up to you. If you want it, you will continue to make good and sound decisions. If you don’t then you won’t. There is no gray area here. You have to be smart or you will suffer the consequences of not budgeting well.
The real estate market is becoming big business again, but those who are interested in participating are adjusting their outlook. There was a time, when the market was flush, where flipping houses seemed like the norm. It was the latest in a long line of get rich quick schemes and america was certainly excited about that possibility. There was a definite need and want to make money by buying a cheap house and then throwing it up for big cash. However, all that has changed.
These days the key is buying again, but the flipping isn’t the same. Now people are looking at property as long term investment and it’s something that is allowing people to be more selective about the houses they buy. This is also because the average buyer is becoming more selective about the houses they are buying. In the end the buyer knows full and well that any house they buy is going to have to be something they are comfortable living in for the long haul. Sure, there is a chance they can get out of it early, but since it’s no longer a seller’s market there are other things to worry about.
Perhaps the key here is that the real estate investor is starting to become more savvy about the purchases they make. They are no longer going to take chances on property they aren’t 100% sure they can turn around and sell, and they know there are very few quick sales. The economy is changing, the game is changing and in the end there is nothing that the people in the real estate industry can do but react and adapt to the changes.