American Express Personal Financial Services – Credit Card, Loan and Investment


The best way to manage personal finances is to opt for the American Express Personal Finance. The American Express Personal Finance offers the following financial services:

  • Deposit account services
  • Investment services
  • Loan services.
  • Credit card facility

Each of the afore mentioned services may be discussed in detail under the following heads.

Budget Planning


Budget planning entails identifying the sources of income and taking into account all current and future expenses, with an aim to meet an individual’s financial goals. The primary aim of a budget planner is to ensure savings after the allocation for spending.

Budget is an important concept of microeconomics and can be understood as an organizational plan stated in monetary terms. Business start-up budget, corporate budget, event management budget, government budget and personal or family budget are some variations of this concept.

Budget Calculator, Budgeting Tools


A budget calculator helps individuals and business organizations to keep track of all the sources of income and items of expenditure. A variety of budget software, with features developed to facilitate budget planning, is available in the market. A budget spreadsheet can be useful in listing savings accounts, auto maintenance, insurance payments and miscellaneous expenses, such as visits to a restaurant. These budgeting tools can prove to be extremely helpful in preparing an effective financial plan.

US Housing Mess Creates Picky Buyers, Broken Deals


29 June 2010

Before the collapse, people simply looked for a house to buy.

Later they got squeamish just thinking about buying.

Now they are on a quest for perfection at the perfect price.

Exacting buyers are upending the battered real estate market, agents and other experts say,

leading to last-minute demands for multiple concessions, bruised feelings on all sides and many more collapsed deals than usual.

It is a reversal of roles from the boom,

What It Means That Treasury Bonds Currently “Hotter” Than Stocks


WHEN Treasury bonds are hotter than stocks, it’s a sign that something is very wrong with the stock market.

That has been the pattern lately, though.

In a reprise of the flight to safety that occurred during the financial crisis of 2008 and early 2009,

people have been parking cash in Treasuries and fleeing stocks, which, of course, have had better long-term returns historically.

Ten Things You Probably Don’t Know About Credit Rating Agencies


15 June 2010. By David Caploe PhD, Chief Political Economist, EconomyWatch.com.

1)     It’s not easy to find out anything substantive about them.

You’d be shocked how little comes up on a Google search.

Former AIG Head Gives $20 Million to Law School – Just In Case


It’s kind of amazing, but in the following announcement from New York Law School, letting everyone know that NYLS alumnus Maurice Greenberg is making a rather large donation to them,

the fact that he was the former head of AIG never seems important or relevant enough for them to mention

Insider Leo Hindery on Appropriate Tax Rate for “Carried Interest”


No one can say Economy Watch readers aren’t interested, because as soon as we posted a previous item about Venture Capitalists / Private Equity / “Carried Interest”,

we got a number of emails suggesting emendations, but mostly additions that, in their view,

Venture Capitalists Fight Tax Hike on Carried Interest


Venture capitalists are fighting a bill, introduced in the House of Representatives recently, that would sharply increase the taxes they pay.

The bill, the American Jobs and Closing Tax Loopholes Act of 2010, would, among other things,

increase taxes paid by investment fund managers on carried interest, which is how venture capitalists make most of their money.