Did you know that there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone? Student debt has become such a major issue that it has made its way to the political forefront. The student debt epidemic is scary, but there are ways that students can make it easier on themselves.… [Read more]
Have you ever had to replace something that you need as cheaply as possible? Has an emergency ever forced you to give something up on your monthly budget? What if that was the reality of every purchasing decision you make? You would be approaching the daily struggle of being poor.
Understanding poverty means understanding the poverty cycle on both a daily and generational level.… [Read more]
American students have been found to be way too behind in the financial literacy arena. According to a recently conducted study, U.S. students’ financial literacy scores were below average. Although this study was for high school students, the findings among students beyond high school was the same. While students are pushed to towards higher education, in spite of them being unable to afford it, they make some very basic mistakes due to their lack of understanding regarding finances – and this ends up costing them even later on in life.… [Read more]
Financial woes are burdening the majority of Americans, which is why it’s more important than ever for people to get their budgets on track.
If you’re a victim of today’s sluggish economy, then it’s time to turn things around by making your personal budget your top priority.
With money management in mind, here are just a few tips that will help you steady your budget and make your money last longer:
Personal Budgets and the Economy
If you’re still feeling the fallout from the financial crisis of late 2007 and 2008, you’re not alone.… [Read more]
This article looks at how Americans can get better returns on their banking investments. Are more people using credit unions? If your bank offers low interest returns on savings accounts etc. is it time to move to another one? Many banks collected an enormous amount of fees from customers yearly. How can consumers cut down on these?… [Read more]
It seems in the aftermath of the recent economic crash a lot of states having begun reversing their policies on gambling in order to combat their budget constraints and expand the amount of money they pull in from taxation.
Online gambling and slot machines in lottery halls are common sight across the UK and other European countries, in fact you can visit a website like paypal-casinos.co and within minutes you’ll be playing a slot game.… [Read more]
This week Congressman Paul Ryan released the new Republican budget for the federal government. One thing was notably missing: anything different from the budget he proposed last year. Rep. Ryan and his colleges on the GOP budget committee produced a document that turns Medicaid into a voucher system, makes further cuts in programs that many Americans rely on for their daily survival and his core proposal being the repeal of the Affordable Care Act.… [Read more]
For several months, politicians on both sides of the political aisle have been sounding the alarm. We’ve been warned that the sequestered spending cuts are across-the-board and, therefore, without analysis. We’ve also been warned that the draconian measures will slow economic growth and, as a result, cost the nation somewhere in the area of 750,000 jobs – a figure agreed to by the nonpartisan Congressional Budget Office.… [Read more]
Attached here is the “EXECUTIVE ORDER: ADJUSTMENTS OF CERTAIN RATES OF PAY” signed by President Obama on Friday. The Order ends the 2010 federal employees’ pay freeze, at which time the White House estimated that a salary freeze would save $2 billion for the remainder of fiscal year 2011 and approximately $28 billion over the next five years.… [Read more]