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267
(4 votes, average 5.00 out of 5)
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Personal Finance -
Taxes
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Written by Omie Ismail
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Tuesday, 02 March 2010 02:54 |
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One of the key problems with coming to terms with our huge national debt - which is now over $12  trillion dollars - is that most people can't fathom it. A trillion is such a big number that nobody can really get their arms around it. And we have 12 of those trillions in debt. Here are 7 ways of visualizing the national debt to give you insight into how obscenely large it is.
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Read more: The National Debt: 7 Different Ways to Visualize How Big it Is
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236
(2 votes, average 5.00 out of 5)
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Personal Finance -
Taxes
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Written by livecheap staff
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Saturday, 23 January 2010 03:26 |
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As we watch the calamity that has befallen our impoverished neighbors in Haiti, many of us are scrambling for ways to help. And we certainly encourage people to focus their gaze on Haiti and remember that "There but for the grace of God, Go I."
Having the financial ability to help those in need or in distress is one of great benefits of living sensibly and watching your money. That extra firm financial cushion you build can always be used to comfort others and give them a helping hand. But how do you determine if the charity you donate to uses your funds to efficiently distribute aid? The recent earthquake in Haiti has people asking just that question. Here are some of the ways you can evaluate which charity will make the most of your donation to Haiti.
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Read more: How to Donate Money to Haiti
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222
(1 vote, average 5.00 out of 5)
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Personal Finance -
Taxes
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Written by livecheap staff
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Friday, 08 January 2010 08:39 |
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If there's one group of entities that you want to pay on time, it has to be federal, local and state governments. From city hall all the way up to the IRS, governments exert the power of their monopolistic franchise and penalize those who can't pay on time with exorbitant late fees. With penalty rates that can approach 1,000% annualized for being late, governments make the credit card companies look like charities. If you are deciding which bills to pay first this month, make sure that your government bills are at the top of the list.
Here are some of the most common egregious government late fees:
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Read more: Government Late Fees: They Make a Loan Shark Blush!
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198
(8 votes, average 4.88 out of 5)
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Personal Finance -
Taxes
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Written by Ahmed Amr
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Wednesday, 16 December 2009 07:08 |
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The Tax Man is on his way to get his pound of flesh and the only way to evade him or at least cut down on his bite is to start taking defensive measures before the end of the year. The clock is ticking away and you have just a few weeks left to build up your defenses and reduce your tax bill to the IRS. Aside from maxing out on your IRA or 401K, here are few additional moves you can make.
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Read more: Ten Last Minute Moves to Cut Your 2009 Taxes
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145
(6 votes, average 4.83 out of 5)
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Personal Finance -
Taxes
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Written by Omie Ismail
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Tuesday, 17 November 2009 06:45 |
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This week, the United States set another debt milestone, crossing the $12 trillion dollar mark. There’s a lot of ways to say $12 Trillion - try twelve thousand billion dollars or how about twelve million million dollars. It’s a number so big, so hard to fathom, that you think a child is making it up. Written out, the number is 12,000,000,000,0000 - stunning - especially when you consider that thirty years ago it was only one trillion. But what is this debt, where does it come from, who do we owe it to, what is your share, and why does it mean that you and everybody else should start living cheaply right now?
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Read more: The National Debt: 12 Trillion Reasons to Live Cheap Today
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