Personal Finance Archives - Page 26 of 31

Five Reasons Why Capital Won’t Come Cheap Anymore

For three decades leading up to the financial crises, capital was cheaper and more available than ever. People became used to low interest rates and ease of borrowing. Now that the tables have turned, how will global investments and savings shift?

As developing economies embark on one of the biggest building booms in history and China boosts its domestic consumption, global savings growth is constrained. To support the changes in the market, global investments must exceed savings to push real interest rates up.

Consumer Trends Beyond 2011

In the first decade of the millennium, consumers were filled with a sense of optimism and trust in the economy and splurged out (and maxed out).

Without sparing a thought for the “what ifs” and rainy days, young and old consumers alike spent largely outside their means to enrich their lives with everything from clothing and jewellery to consumer electronics, cars, holidays and homes.

Bailed-Out Wall Street “Gives Thanks” w Lavish Spending

25 November 2010.

This must be what they mean by “trickle down” economics.

Two years after the onset of the financial crisis,

Wall Street’s moneyed elite are breathing easier again.

And this means they are spending again — at times cautiously, but sometimes with a familiar swagger.

When it comes to personal indulgences, the wallets are beginning to open up.

Traders and executives say that jobs seem much more secure.

About Tax and Taxation Over The World

The recently published World Development Report 2007, which largely concentrates upon investing for human capital (Youth) is really a challenge on the part of developing nations over the world constituting 1.3 billions of young peoples. It is the lack of funds, which has enervated the country’s initiatives.

No Job + No Home = Family Fear, Shame, Misery

While the pause in foreclosures due to blatant irregularities in paperwork by banks

may put at least a temporary slowing in the dynamic of families evicted from their homes,

the human impact on those that have already taken been thrown out of their residences has been brutal indeed.

For a few hours at the mall this summer, Nick Griffith, his wife, Lacey Lennon, and their two young children got to feel like a regular family again.

Credit Cards

A credit card is a payment method by which a cardholder pays for goods or services on credit, thereby creating a debt upon purchase. The allowed amount borrowed depends on the user’s credit rating, and banks charge monthly interest rates on the balance.

Credit Card History

Banking Industry

The Banking Industry was once a simple and reliable business that took deposits from investors at a lower interest rate and loaned it out to borrowers at a higher rate.

Credit Cards: Micro-Fraud, Macro-Results

IT’S easier to steal a million dollars a dollar at a time than a million dollars once.

So goes an old saying.

If the allegations in a civil case filed in a federal court in Chicago hold up, you can even haul off $10 million if you stick to $9 here or 20 cents there.

The suit, filed in March by the Federal Trade Commission, contends that over at least four years,

Rich Get More from So-Called “Middle Class” Tax Cuts

Welcome to to the REAL world of the US tax system, aka trickle-up economics:

the idea that tax cuts for the middle class and poorer also help the rich.

This is a point that has gotten somewhat overlooked in the debate about the Bush tax cuts,

which are scheduled to expire at the end of this year.

President Obama has proposed that the tax cuts for the very wealthiest Americans expire as planned,

but that the tax cuts for all other American households be extended.

Nasty Battle Looms Over Public Sector Pensions

24 August 2010. By David Caploe PhD, Chief Political Economist Watch.com

Of the many fault lines that the Black September 2008 crisis and its aftermath have exposed in the “developed” world,

perhaps the most difficult is the relation between the public and public sector employees.

Many of us can immediately recall encounters with “public servants”

in which we felt more like slaves, let alone servants or masters, as Depeche Mode might say.