Standard and Poor recently downgraded the United States’ AAA credit rating to AA+. Much of the political debates recently have been on what a disaster it would be if the United States got downgraded. Republicans were trying to make large cuts to the government’s spending while the Democrats wanted to increase taxes. The downgrade happened…
Most of us have probably been sitting across from a potential employer when they ask us how much we expect to earn. When you are young and just starting your professional career, you might give vague answers like “I’m not concerned with how much I can make. I’m just trying to get my foot in…
I Can Do That! : At some point and time, everyone thinks they can score it big with a few stock picks. Everyone thinks they can do better than the professionals. Unfortunately, for some of those professionals, that might be true. The Efficient-Market Hypothesis describes the stock market as efficient. An efficient market means that…
Commissions make some salesmen do dirty things. Their goal is to increase their income through sales commissions. Big corporations have entire departments dedicated to researching and discovering how to psychologically entice you to purchase their product or service. Salesmen are well equipped with an arsenal of techniques that prey on your emotions and desires. Knowledge…
As a way to get more customers, some banks are offering special rates on money market accounts. Your immediate reaction when considering moving your money market accounts is to look at the amount you are gaining on those accounts. If there is a huge difference in the amount you would be earning, the decision is…
No one likes to throw money away. You are throwing away money when you receive no benefit to the added expense. Charities do not count as throwing away money since your intended benefit is to help someone else. If we could reduce the number of times you throw away money, you would be in a…
Fast food is bad for you. It’s packed with empty calories. Obesity is becoming a huge problem in America, but I don’t really care. I love Taco Bell, Burger King, and most of all, Jack in the Box. The way fast food can really hurt you is by draining you of a much larger portion…