Archive for the ‘Economy’ Category

The Recession is… Over?

Written by Nickel - 21 Comments

According to an AP News report issued earlier this afternoon…
“Economic activity is stabilizing or improving in the vast majority of the country, according to a new government survey, adding to evidence that the worst recession since the 1930s is over.”
Apparently eleven of the Fed’s twelve regions have shown signs of economic stabilization. The lone outlier [...]

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Published on September 9th, 2009 - 21 Comments
Filed under: Economy
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Navigating the Recession

Written by Laura - 29 Comments

Recessions suck. The stock market is down, unemployment is up, and good news is sparse. But a tough economy doesn’t mean that you can’t improve your lot in life.
We’ve decided to use the recession as a time to simplify our lives and build a better financial system for our family. What follows are some of [...]

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Published on August 4th, 2009 - 29 Comments
Filed under: Economy
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Cash for Clunkers Program Suspended

Written by Nickel - 18 Comments

Big news out of Washington today… Apparently the Cash for Clunkers program has been a bit too popular, and is reportedly being suspended out of fear of running out of money. This program was set to run through November 1st, or until the $1B allotment was used up, and it appears that the money might [...]

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Published on July 30th, 2009 - 18 Comments
Filed under: Automotive, Economy
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Buying Foreclosures Can Be Risky

Written by Guest Contributor - 5 Comments

This is a guest post form Carson Brackney of Personal Finance Analyst. If you like what you see here, please consider subscribing to their RSS feed.
There’s always someone trying to find a silver lining when the skies are gloomy and gray. So it is with home foreclosures. Amidst all of the hand-wringing and sad tales [...]

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Published on July 29th, 2009 - 5 Comments
Filed under: Economy, Real Estate
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Creative Budget Balancing

Written by Nickel - 6 Comments

States across the country are hurting. High unemployment numbers and reduced corporate profits have gutted tax revenue. At the same time, every state besides Vermont has a law requiring a balanced budget. As such, state governments are getting desperate to make ends meet.
A recent article in Forbes highlighted the lengths to which some states are [...]

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Published on July 24th, 2009 - 6 Comments
Filed under: Economy, Taxes
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What to do When Your Job is in Jeopardy

Written by Guest Contributor - 6 Comments

This is a guest post from Kevin Mercadante of Out of Your Rut. Kevin is also author of Lighten Your Load, an e-book focused on reducing living expenses while still maintaining a comfortable lifestyle.
If you lose your job, hear rumors of layoffs at your company, or pick up just about any other indication that you [...]

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Published on July 6th, 2009 - 6 Comments
Filed under: Economy, Working
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Velocity: The “Speed” of Money

Written by Nickel - 19 Comments

Economists have a term for how quickly money cycles through the economy. They call it “velocity,” and it’s defined as the average frequency with which a unit of money is spent in a specific period of time. As spending increases, or the money supply tightens, velocity increases, and vice versa. In practice, velocity is often [...]

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Published on March 19th, 2009 - 19 Comments
Filed under: Economy
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The Recovery Will Come From Those That Have Been Laid Off

Written by Guest Contributor - 10 Comments

This is a guest post from Peter Dunn of Green Candy. If you like what you see here, please check out his weblog and consider subscribing to his RSS feed.
It’s no secret that our economy is cyclical. Whether you like it or not, there will be good times and times that couldn’t be possibly described [...]

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Published on March 13th, 2009 - 10 Comments
Filed under: Economy
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Recovering From the Crash

Written by Guest Contributor - 15 Comments

This is a guest post by Jeff Rose, who is an Illinois Certified Financial Planner(TM) and co-founder of Alliance Investment Planning Group. Jeff is also the author of Good Financial Cents, a financial planning and investment blog. If you like what you see here, please consider subscribing to his RSS feed.
Does anybody feel like the [...]

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Five Tips for Dealing With Job Loss

Written by Laura - 13 Comments

In early 2009, the Bureau of Labor Statistics noted that over 40 states recorded an increase over last year in the number of layoffs. In February alone over 600,000 workers were caught up in layoffs. If you and your family have found yourself in this position, here are some steps to help you cope with [...]

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Published on March 11th, 2009 - 13 Comments
Filed under: Economy, Working
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