Category Archives: personal finance

What is Making Work Pay?

Making Work Pay is a new tax credit as part of the American Recovery and Reinvestment Act of 2009.  It will give taxpayers a refundable tax credit of up to $400 for single taxpayers and $800 for married taxpayers filing … Continue reading

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$200 Billion Consumer Credit Program

The Federal Reserve announced a new program called the Term Asset Backed Securities Loan Facility (TALF) to encourage business to extend credit to consumers and small businesses.  The program will allow the Federal Reserve to lend $200 billion to encourage … Continue reading

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Credit Card Relief in 2010

Imagine opening up your credit card statement only to see that your rate has increased substantially.  Well, this is the harsh reality that many Americans have been facing over the past couple of years.  But wait no more.  Recently the … Continue reading

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What does the economic crisis mean to you?

Many people are wondering what strategies to employ during the current economic crisis.  My short answer to this is to save, save, and save some more.   Financial experts suggest having 6 months worth of living expenses saved up. For many, … Continue reading

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