Posts

What Is Your Share of Government Debt?

 It's that time of year where we review the impact of government debt on individual tax payers. It is important to remember who is on the hook for government's reckless spending binges. Whenever we hear politicians make campaign promises, they sound like they are spending their money. But government doesn't have any money, so the only way they can implement their expensive ideas, is to tax their citizens and companies, as that is their only source of revenue. What is really troubling is that when the US government (and most others) planned their budget for the current fiscal year, they budget to spend more than they knew they will receive in tax revenue. In fact since 1970, the US has only balanced their budget four times. France has not had a balanced budget since 1974. When governments overspend, they need to fund those deficits by issuing bonds. As the debt keeps rising, more and more of the budget goes to paying the interest on those bonds. Last year the US government

Important Tips

 There is no need to say that you can't live without one thing: the roof over your head. The majority of people want their own home, especially if they have a family to take care of. Of course, you will need to do a lot of planning before buying a house as this decision can have a great impact on you and your family. Let's know more about it. When Buying a House If you want to buy your own house, you need to consider a lot of things . You may have to face some serious problems. For example, if you lose your job, you will find it harder to keep your word. And in the worse scenario, you may have to deal with a short sale or foreclosure. This may have a bad impact on your routine life. Therefore, you may want to understand how it works. Short Sale And Foreclosure If you are not familiar with the two terms mentioned above, you should know the difference between the short sale and the foreclosure process first. According to most people, foreclosure is a situation where you are forc

Making a Change

 After four (and plus) years of hard work, studying, and learning , college graduates are ready to take on the world and begin their career. However, these college graduates are faced with obstacles not far after graduation. After studying for years and majoring in a field, their career should be ready for them, but that is not always the case. College graduates are struggling to find careers after college, which makes it increasingly difficult to pay off student loans, as well as begin their life. Student loans are crippling college graduates and making it unbelievably difficult to afford anything. Children were always told growing up, that without a college degree , there would not be a stable job for them in the world, a career was going to allow them be able to pay all the bills and support a family. So growing up, these kids worked incredibly hard in school and did extra curricular activities so they could receive scholarships and grants to pay for some of their school. Even thoug