Archive for December, 2008
Wednesday, December 31st, 2008
How To Deal With Rising Credit Card Costs
The Federal Reserve recently slashed the primary rate to 0.5%. So, why are so many people getting hit with higher, more outrageous rates and fees?
Credit card companies are trying to offset their losses by charging consumers higher and higher ...
Posted in Credit | No Comments »
Tuesday, December 30th, 2008
How to Pay Off $30,000 Of Debt
Do you have thousands of dollars in debt? Do you have more than $5,000 of debt? $10,000? $20,000? $30,000? More?
So many people have gotten in way over their heads in debt. This doesn't have to be ...
Posted in Debt | No Comments »
Thursday, December 18th, 2008
Year-End Bonus? Probably Not
Fewer businesses than ever are planning on giving year-end bonuses this year. The tight credit market and an extremely slow economy have the majority of businesses cutting back, especially on holiday bonuses.
The end of the year used to be a welcomed-time for many employees across the country. ...
Posted in Economy | No Comments »
Wednesday, December 10th, 2008
Using Government Programs to Raise Capital
American Express is one of the world's largest credit card institutions. It is also one of the first credit card companies to take advantage of new government programs.
American Express has issued $5.5 billion in new debt. This debt is part of "a guarantee program" that ...
Posted in Credit Cards | No Comments »
Monday, December 8th, 2008
It takes a certain degree of "money smarts" to use a credit card correctly. It certainly isn't hard to use a credit card correctly. All you have to do is control your spending (never spending more than you make or can pay off), pay your bills on time and never ...
Posted in Credit Cards | No Comments »
Tuesday, December 2nd, 2008
Two major companies are forcing employees to take time off. Hewlett-Packard and Cisco Systems are closing their doors temporarily. This closure forces its employees to take paid time off. Why are they making this move? To save money of course.
Cisco will be closing from December 29 through January 2. It ...
Posted in Credit Cards | No Comments »
Monday, December 1st, 2008
The U.S. Is Officially In A Recession
There has been major talk about the U.S. economy for many months now. The talk started when gas prices soared well over $4 per gallon. The economy went from bad to worse in a short period of time.
So, when did this recession officially start? ...
Posted in Economy | No Comments »