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Cash For Clunkers Program Suspended After Only A Few Days. Here Is Why

The Cash For Clunkers program has only been active since last Friday, but word is now leaking out that the CARS program will be halted at midnight on Thursday July 30th, less than a week after it launched.  The problem?  There are fears that the program may have already run out of money.  The program […]

Cash For Clunkers Voucher Program Is Now Available. Things To Keep In Mind When Trading In Your Gas Guzzler.

Clunkers For Cash Active As Of July 1st The Cash For Clunkers program has been active as of July 1st, and if you have an eligible car, you can now take advantage of the program.  As a quick refresher, what vehicles are eligible for $3500-4500 voucher? Must be in drivable condition.   (That means you can’t […]

Cash For Clunkers Rebate Program Might Save You Money On Your Next New Car Purchase. But Is It A Good Idea?

Rebates, Tax Credits And Stimulating The Economy The Obama administration has been giving us all sorts of stimulus packages this year that aim to stimulate spending in troubled sectors of our economy, and jumpstart consumer spending.  First we had the tax incentives for new car purchases, and then the $8000 tax credit for first time […]

New Legislation Will Bring Changes To The Credit Card Industry

If you’ve been reading this blog for any period of time, you probably know that I’m not a huge fan of credit cards.  As a Dave Ramsey fan and facilitator for his Financial Peace University class, you’d probably understand why.  In general I think that using debt and credit are just poor ways to get […]

In The Event Of An Emergency Series: Planning Ahead For Life’s Emergencies

Planning ahead for emergencies

The “In The Event Of An Emergency” series is devoted to the topic of planning ahead for life’s little (and big) emergencies that we all know will come our way. The series covered topics ranging from making sure you have insurance coverage and an emergency fund, to making sure your family is provided for in case the worst case scenario happens.

Government Making Home Affordable Refinance And Loan Modification Program: Do I Qualify?

The last few days I’ve been hearing an awful lot about the Government’s new “Making Home Affordable” program, which has been set up to help people refinance existing mortgages, or do a loan modification to help them to stay in their house.  The government’s website explains what the program is meant to do: Making Home […]

Are You Participating In All The Doom And Gloom? Don’t! Have Hope.

Ever since last September our (or arguably before then) our economy has been in a downturn.  Big companies, small lenders and consumers all engaged in irresponsible behaviors that resulted in the failure of  businesses, and necessitated the bailouts of many others.  People are being laid off left and right,  and things are extremely tight!  So […]

When Will We See An Increase In Our Paychecks Due To The Stimulus Package?

credit: kozumel A few weeks ago the American Recovery and Reinvestment Act of 2009 was passed.  Since it was passed we have talked about quite a few of the benefits including home buyer tax credits, sales tax credits for new car buyers, and a post about overall stimulus package benefits. Today I thought we could […]

New Economic Stimulus And Transportation Accounts

This is an article from our good friends over at http://www.freefrombroke.com. Free From Broke is a great site with tons of great content about saving money and keeping you free from broke! Check out the site and subscribe to the RSS feed! Does your employer offer a Transportation Spending Account? credit: *Solar ikon* This is […]

Stop Worrying About The Things You Can’t Affect, And Work On Those You Can

When you watch the news these days, there really isn’t much to get excited about. The markets are down, our deficit is going up, and the spending seems to be out of control. There’s enough bad news for everyone to get upset and worried 24 hours a day if they want to. I have a […]

How Much Extra Will I See In My Paycheck Because Of The 2009 Economic Stimulus Package?

credit: katmere What Benefits Will I See From The Stimulus Bill? The last week or so I’ve been looking at the 2009 Economic Stimulus bill that was passed, and talking a little more in depth about what some of the benefits are that people can expect to receive.  We talked about home buyer tax credits, […]

Sales Tax Deductions For New Car Buyers in 2009 Obama Economic Stimulus Package

Buy A New Automobile, Get A Deduction! Earlier this year President Obama signed into law the economic stimulus package.  I posted about how individual taxpayers are affected by the stimulus bill, and looked at some of the things they can expect to receive. One of the things added to the bill was a temporary provision […]

Video: The Crisis Of Credit Visualized

The current economic downturn that we’re experiencing can be quite overwhelming at times. It’s tough to understand, and when people try to explain, it’s easy to get lost in all the details. I found a video online that does a good job of looking at the current credit and housing crunch, and explaining how it […]

First Time Homebuyer Tax Credit of $8,000 in 2009 Economic Stimulus Package

Stimulus Package Good For First Time Homebuyers The 2009 Economic Stimulus Package passed and was signed into law earlier this week.   On Wednesday I posted about what parts of the stimulus bill will affect individuals, and what benefits you can receive from the stimulus package. Today I thought I’d take a closer look at one […]

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