The minimum wage increased to $7.25 on July 24th. However, many are questioning whether this will be a boost to workers considering the current economic climate. Some economists are arguing that this is another stimulus for the economy. But is it really? Consider that many states have their own minimum wage requirements. Employers are required [...]
It’s back to school time and we are all on a budget. How can you still get the clothes and supplies that you need without breaking the bank? Well, keep reading to find out how. · Separate wants from needs: In most cases, your child’s school supplies from last school year can be reused. Review [...]
Are you in over your head in debt and looking for an informative way to manage and understand your debt? Then check out Bankrate.com’s debt management guide. The guide is available at http://www.bankrate.com/finance/debt/debt-management-guide.aspx. Within the guide, you’ll learn these valuable tips: · Where to get help for your debt. Of course the first thing you [...]
President Obama wants to create the Consumer Financial Protection Agency. The purpose of the agency is to protect consumer credit and their banking transactions. Additionally, The Federal Reserve Bank will have the added responsibility of supervising large financial institutions and monitor risk within the financial system. Obama even wants to give the Consumer Protection Agency [...]
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