With the U.S. debt ceiling becoming an ongoing economic issue for American politics, you may be confused about some of the terms you hear and read in the news – or worse, maybe you don’t even question them and you talk about “debt” and “deficits” interchangeably.
Taxes and spending sound equally bad too, but there are [...]
-
May 4, 2011
in Timothy Geithner, US Treasury, US debt, USD, central banks, debt, financing, forecasts, money management, money supply, sovereign debt, special dates
The U.S. Treasury still expects it will hit its debt ceiling limit on May 16. This week, Congress continues to debate the terms of any potential increase in the debt ceiling, while Geithner has taken action to initiate emergency measures by Friday in order to maintain current government spending levels below the debt ceiling.
These emergency [...]
-
August 10, 2010 · 3 comments
in Lists, behavioral finance, cashflow, charity, coins, discipline, financial fitness, frugal tips, lifehack, money management, penny, savings, tips
Have a problem with too many leftover coins (yeah, you could have worse problems)? Too lazy to roll up your coins and deposit them in a bank account? Or do you toss aside your coins because they’re so heavy to carry around, and then find yourself breaking bills all the time just to get a [...]
-
May 9, 2010 · 16 comments
in DIY, cashflow, consumers, credit cards, determination, discipline, estates, financial education, financial fitness, financial planning, goals, life, money decisions, psychology, spending, success, wealthbuilding
If you’ve been around on the interwebs and Twitter enough, and if you’ve read enough personal finance books, you’ll know a heck of a lot about The Millionaire Next Door. She or he spends less than you’d think, they don’t drive a Rolls Royce or Jaguar, and they’ve probably made it to millionaire within one [...]
-
January 27, 2010 · 2 comments
in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan
The Obama administration sits between an economic rock and a political hard place. Others might call it a contradiction. Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan). Slight cuts in some areas are supposed to offset increased [...]
-
Forget about trying to give up a daily latte if it really makes your morning or is an essential part of your coffee shop networking. It’s easier to just save money doing it.
Here are two basic tips for making the most of your latte money at Starbucks.
Misto Instead of Latte: Save $0.50
Your latte is one [...]
-
While going through my receipts and budget yesterday, I paid particular attention to some items for which the cost has jumped up in recent months.
Analysts keep saying that deflation is still officially the name of the current game, but here are some real examples of costs going up.
They can keep saying “deflation” all they [...]
-
