Today, the Fed cut rates to record lows, between zero and 25 basis points.  This is no surprise, but is simply another action in their course to encourage economic growth at all costs, even the cost of the dollar.  My position has been clear, that government officials want short-term economic results and have absolute zero consideration for long-term economic health.  This is strictly because short-term results mean re-election.

Spending habits can make or break your 20s financially.  Overspending is a big part of what has gotten most Americans into the current dire economic circumstances that we now are faced with.  Let’s look at some of the driving forces and factors that create an over-spender.

So many companies and industries are in the news these days, and it seems that if they are in the news, it’s a bad thing.
Corporations / Businesses of the Past
The Big Three: GM, Ford, Chrysler
These three companies represent the old business model of manufacturing that simply cannot work anymore.  With increased global competition and more and more entitlement/legacy costs weighing down the companies, it is simply a flawed business model.
Add to the equation a lack of long term strategic vision and poor management and you have a disaster of an …

The election is over.  Obama has won.  And now it’s time for Obama to act on all those promises he made in the 2 year campaign for the Presidency.  Throughout his campaign, you heard words like “fairness” and you heard a focus on the middle class.  Obama made his view clear: the economy can only prosper if the middle class prospers.

I frequently talk about blogging because I think it is a very real and easy way for anybody to earn a little extra income on the side. As I learn more and more about blogging as this blog continues, I aim to forward on my experiences to those who might be trying to do what I’m doing: make more money on the side through a blog.

I have made my position clear on the auto bailout.  It is something that should not happen at all.  These companies should fail and go under so that new, healthy and competitive companies can replace them.  We need auto manufacturing but we don’t need GM, Chrysler or Ford.  By bailing them out, we continue the slow decline of these companies.
What is interesting is how tied together the environmentalist agenda is with the auto bailout.  There was an amazingly revealing segment on CNBC last night where Gwen Moore, a Democrat Representative …

I have talked frequently about my short term side income goal of generating $500 in additional income each month. I felt that this was not only an attainable goal but also a chunk of extra monthly income that could make an impact in my financial life.
In this article, I want to tell you a few ways on how to invest $500 in extra income. Remember, this money is considered extra money that is on top of your already established budget, savings plan and investing plan. Keep reading …

The emergency fund. The staple of every financial expert or financial blogger out there. You have to have it. It should be money set aside untouched used only for emergencies. Some people recommend having money representing 2-3 months of full expenses and some recommend 6 months or even a year! After paying off debt, the emergency fund is the cornerstone of every financial plan. Only after establishing this all-important chunk of money are you free to start investing money elsewhere. This is undisputed …