Personal Finance Archives - Page 23 of 31

US Debt Crisis ‘Plan C’, Norway Massacre and Other News

Democratic officials are cautiously optimistic that the outlines of a potential compromise – a “Plan C” – are emerging that could bridge the differences between plans pushed by House Speaker John Boehner, R-Ohio and Senate Majority Leader Harry Reid, D-Nev.

The officials said President Obama has spent the past couple of days quietly reaching out to leaders in both parties to try and start hammering out the details, though it’s clear this is still only in the discussion phase and they are not close to a deal yet.

EconHumor: Tax Time

With tax time out of the way – and the annoyance of having to pay far too much to the government, again, here’s to laughing about it;

How the Rich are Spending in 2011

They earn, they invest and they splurge. Only that they do so more ostentatiously and extravagantly. They are the ultra high net worth individuals, or more conventionally – and civilly – known as the millionaires.

They may have disappeared from the spotlight at the onset of the economic downturn, but this year, they are slowly but surely returning to the malls, showrooms, exclusive hotels and exotic vacations, and they are wielding their credit cards once again.

Infographic: 10 Personal Finance Tips for 2011

If you’ve made 2011 your year to take control of your personal finances, tighten up careless spending and reign in those obligations, here are some great tips for staying on track for the rest of the year:

Source: Visual Infographics

Money Advice from The World’s Filthy Rich

It’s already June. Where has the year gone? For some who’ve made personal finance and investment goals to grow rich this year or increase your company profits by tenfold your New Year resolution for 2011 – you might start to hear that countdown clock to 2012 ticking already.

Asia’s Millionaires Overtake Their European Counterparts

There are now more millionaires in Asia than there are in Europe, according to the 2011 Merrill Lynch-Capgemini World Wealth Report.

Bolstered by the economic growth in China and India, the rank of Asian millionaires grew by 10 percent to 3.3 million – coming in behind North America’s 3.4 million millionaires and ahead of Europe’s 3.1 million.

Illegal Bookies, Crooked Players & Asian Gangs

22 June 2011.

Illegal sports’ gambling exists all over the world. Even in the US, most sports gambling is still controlled by the mafia. It is a multi-billion pound industry and the profits for organised crime are comparable with the drug trade.

Bitcoins: The Politics of A Virtual Currency

13 June 2011.

There’s a really easy way to find out if an issue or topic is being widely talked about by the general public.

Go to Google, search the keywords, then gaze in wonder. Somehow Google is able to instantly generate millions of websites and news articles containing the search term tyou were looking for.

Black Money: The Business of Money Laundering

8 June 2011.

Money laundering is a massive global problem. It allows criminals to infuse billions of dollars of black money into the stream of commerce and business, corrupting financial institutions and officials. However, the precise scale of money laundering is much disputed.

Seven Questions to Ask Before Refinancing Your Mortgage

3 June 2011.

House prices in the US are crashing again. With 18 million households across the country on the verge of defaulting on their mortgage, how will the fall in house prices affect your mortgage?