CreditCardsCo Blog Topic - ' Financial Planning'
With an estimated 16 million U.S. victims in 2006 and 2007, Identity Theft has grown gradually to become one of the most penetrative crimes leaving every American venerable to. Not one technique will stamp out ID theft or prevent one’s identity from being abused but a number of measures taken by every American will go a long way in preventing and promoting an ID theft free society.
Just like erosion will erode particles from a previously sandy area, inflation if left unchecked can wipe away the value of your earnings. Consumers cannot directly affect the inflation rate, but at least a number of measures to protect their earnings from inflation should be carried out.
As the saying goes, ‘failure to plan’ is ‘planning to fail’, a financial crisis deserves every bit of planning on your part. Gaining ammunition on what to expect during a financial crisis goes a long way in getting you ready for tougher times ahead and ensuring you don’t make the silly mistakes a lot of us subscribe to during these periods.
A financial downturn is usually marked by job-cuts, tightened access to credit, and other events that often lead to financial insecurity. This article gives you a few tips that could help you stay within your means, and prevent the mistakes that a lot of us make during financial downturns.
Since the beginning of the crisis in late 2008, the U.S Government and Congress have passed a number of bills into law. These bills have been designed to inject liquidity into the financial markets, increase availability of credit, and encourage consumer spending. A number of regulations have also been introduced to curb practices in the sub-prime mortgage industry.
While there’s no widely acceptable definition of a recession, virtually all economics agree that a recession is a period of declining economic activity. Businesses experience little growth causing the employment rate to fall, price of housing drops, and the Gross Domestic Product (GDP) falls by 10% or more within a 12 month period.
The cash flow of a business – whether a small-scale or big-time business – is the feast and famine nature when money coming into the business becomes tight enough to risk not supporting underlying business activities it formerly supported.
The spend thrift son of a billionaire and boastful middle-class lawyer both have this in common. Making savings without too much effect on our daily lives is not only possible, it’s highly achievable. Everything that has to do with saving and budgeting is always resisted by those individuals who have the “I CAN so I spend it” kind of attitude.
As the year comes to an end, many families are in search of a working solution to reducing their means of living for 2009. Always remember that saving money doesn’t come easy, at least not without the dedication and willingness to try it out. Below are some of the best money savings tips you’d find out there.
As the year comes to an end and Christmas approaches, a time has come where your expenses might get higher than usual. With millions of Americans already high in credit card debt, remaining debt-free throughout this period requires some work on your part.