September 2008 Archives

401k Retirement Plans: What You Need To Know

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401k-retirement-plans.jpg 401k plans are employer-sponsored retirement plans that allow workers to save for retirement through a tax-deferred account. 

Many employers encourage employees to save by matching some or all of the funds that a person puts into his or her 401k retirement plan.  A self-employed person can also set up a 401k plan to save for retirement. 

How The Mortgage Collapse and Government Bailouts Will Affect You

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old-bank-photo-by-whitebeard.jpg Whoopi Goldberg asked on The View

If the government can bail out AIG, why aren’t everyone's debts also canceled?

It's a good question, but is it a good idea?

Do You Need A Financial Planner? Here's How To Tell & What To Look For In A Financial Planner

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financial-planner-by-sagolla.jpg A financial planner is a business professional who helps people make plans to be financially secure in their future. 

Services include:

  • cash flow management

  • education planning

  • retirement planning

  • tax planning

  • estate planning

While many people may be perfectly capable of managing their own finances, they may not be educated in all aspects, or may not have the time to keep an eye on their money and financial plans.  Those are the times when it makes the most sense to hire a financial planner.

What Are John McCain's Plans For The Economy?

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I recently discussed at length what Barack Obama plans to do and what he has already done for the economy. 

Now, let's cover presidential nominee John McCain’s plans for the economy. 

What Are Barack Obama's Plans For The Economy?

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John McCain says Barack Obama will raise taxes for everyone. Obama says McCain will give the rich tax cuts while cutting needed services. 

McCain accuses Obama of giving government hand-outs.  Obama accuses McCain of not being in touch. 

In favor of Obama

 
In favor of McCain


Aside from the accusations, where do the presidential nominees stand on the economy?  Following is a summary of Barack Obama’s plans for the future, as well as his past actions to improve the economy. 

Prevent Identity Theft By Shredding - What To Shred, What To Keep & How To Choose A Shredder

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man-going-through-garbage-by-little-lushie.jpg Did you know that it is perfectly legal for people to look through your garbage? 

It was ruled in California vs Greenwood, in January 1988. The court of appeals stated:

The Fourth Amendment does not prohibit the warrantless search and seizure of garbage left for collection outside the curtilage of a home.


For this reason, and the fact that criminals will search your garbage for personal information in order to steal from you, you need to destroy documents before throwing them away. 

 



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