Archive for April, 2007

Gap Between Ultra Rich and Regular Rich Continues to Grow

Wednesday, April 18th, 2007

We spend a lot of time talking about the growing gap between the haves and the have nots, but it turns out the gap between various levels of the wealthy may be growing at just as rapid a pace. According to an article published in The Wall Street Journal Online, a ...

Start Paying Cash and Watch Your Expenses Decrease

Tuesday, April 17th, 2007

This afternoon while I was on Yahoo! Finance checking out the stock market results, I came across an interesting/scary daily poll.  The question was, "What type of debt causes you the most stress?" to which the answers were: 1) mortgage, 2) student loans, 3) credit cards, 4) auto loans and ...

Many Americans Not Saving For Retirement

Monday, April 16th, 2007

According to an article published on CNN.com nearly half of us working stiffs have saved less than $25,000 for retirement - with nearly 1/3rd of the work force having absolutely nothing stashed away. I know I'm a little late to the game on this article, but I think it's worth reiterating ...

90% of People Believe Personal Finance Should be Taught in School

Saturday, April 14th, 2007

Thanks to a recent poll on Saving Without A Budget, it appears that I'm not alone in the belief that personal finance should be incorporated into the core curriculum of America's schools. According to the poll, 89% of respondents stated that they believed that personal finance should be a required part ...

If You’re Getting a Refund, You’re Doing Something Wrong

Friday, April 13th, 2007

For a lot of people, tax season is all about getting that nice fat refund check from the Federal Government and, to a lesser extend, from your state as well.  While it's certainly nice to get this "unexpected" sum of money each and every year, it's probably not the best way to go.  By getting ...