News on Financial Planning

Student aid linked to health care gets a trim

2010-03-18T18:45:07Z

<div><p>Congressional Democrats on Thursday trimmed their original student loan plans, reduced spending for community colleges, and eliminated early childhood money from a broad rewrite of a college aid bill piggybacked on to fast-track health care legislation.</p><p>The student loan measure would be the biggest change in college assistance programs since Congress created them in the 1960s, ending a private-lender program by having the government originate all loans to ne...

Online Banking - A New Way to Do Business

2010-03-17T08:27:35Z

Online banking has made the process of taking care of your finances easier. For the most part if you are apart of the banking online world your trips to the bank are limited. That is because everything that you used to have to go to the bank to take care of, you can do online. Moving funds from checking to savings is only one of the many options you have.<br><br>Owning a business and conducting its finances has become much more convenient. The business accountant can handle financ...

How to Prevent an Overdraft - 7 Things You Can Do

2010-03-16T17:53:14Z

Life should be simple. At least, that is what most of us would like to believe. As we go from being kids to young adults and then to being full-fledged 20, 30, 40-somethings and beyond, we realize more and more than any misconceptions we had in childhood about life being simple just aren't true.<br><br>In its simplistic, comic-book form, life looks pretty easy: you get an education, get a job, get married (or not), and have your fun on weekends, nights and holidays. However, the "...

Risks of Co-Signing a Student Loan - What Parents Should Know

2010-03-16T17:48:12Z

Parents are genetically-programmed to help their kids any way they can. This is certainly true for the parents of infants, toddlers, and children, whose parents generally take care of their safety, nutritional, and educational needs. And, even though the degree of parental aid starts to lessen a bit as the kids get ready to leave the house, for most families it extends well into adulthood. Supporting the kids' efforts in getting into - and sometimes paying for - college is no exception.<br...

Democrats seek agreement, vote on health care

2010-03-13T00:15:26Z

<div id="subtitle">Pelosi says it won't be long before health care bill passes; Dems add student loans to package</div><div><p>Under White House pressure to act swiftly, House and Senate Democratic leaders reached for agreement Friday on President Barack Obama's health care bill, sweetened suddenly by fresh billions for student aid and a sense that breakth...

How China will drive silver to $250

2010-03-12T19:15:24Z

<div id="subtitle">Individual investors can make an impact on its price</div><div><p>Once upon a time, the Chinese government forbade ownership of all precious metals. </p><p> But now, the ban has been lifted. In fact, China just introduced silver bars for investment. And now, state-run China Central Television (CCTV) is running a campaign ...

Democrats look to resurrect college aid plan

2010-03-12T14:30:20Z

<div id="subtitle">Health care plan could also help resurrect college aid plan</div><div><p>Congressional Democrats want a stalled overhaul of college aid programs to get strapped onto a fast-track health care bill, giving both Obama administration priorities a better chance of passage.</p><p>The student loan measure would be the bi...

Obama's proposed student loan overhaul gets boost

2010-03-12T13:16:53Z

<div><p>WASHINGTON (Reuters) - President Barack Obama's stalled bid to overhaul the federal student loan program by cutting subsidies to private lenders and increasing aid to students received a boost on Friday.</p><p>Democratic congressional leaders agreed to fold Obama's student-loan proposal into a bill aimed at winning final approval of his drive t...

How to Get Emergency Cash Now With No Checking Account Required

2010-03-12T02:29:16Z

It can be frustrating to have a steady paycheck but still run out of cash before payday. The possible reasons you are in this situation could be any one of many, including:<br><br>1. You make enough money to be able to cover your expenses in any given month, but then something out of the ordinary happens. Maybe your car breaks down, or your family experiences a medical emergency that requires a trip to the emergency room, or maybe you are still recovering from credit card debt you...

Building a Photo Website With Photoshop Galleries

2010-03-11T10:58:27Z

If you want to make an online portfolio you can build build a photo website with Photoshop galleries. In the past, a photographer usually has to hand out his works personally or through the mail. Thanks to the Internet, you can just send a link so people can look at your photos. There?s no risk of your portfolio getting damaged or getting lost in the mail. Adding new photos are also easier and more convenient online.<br><b...

Market rebounds, but workers have minimal savings

2010-03-09T09:00:30Z

<div id="subtitle">Workers struggle to save for retirement, more report they have nothing set aside</div><div><p>Tom Taormina is 65 and has no retirement savings.</p><p>The Virginia City, Nev., business consultant said it's not for lack of trying. He and his wife, Midge, have tried to save and at one time invested in the stock market, but it's all been depleted.</p><p>"We're scrambling to make it through ...

CASH FLOW

2010-03-07T13:00:50Z

Chart compares personal savings and corporate cash flow since

...

January spending increases but income growth slows

2010-03-01T06:00:57Z

<div id="subtitle">Spending grows 0.5 pct in January while incomes lag, raising worries about economic recovery</div><div><p>Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery.</p><p>The

Biden announces retirement savings safeguards

2010-02-26T08:45:29Z

<div id="subtitle">Biden announced new protections for retirement savings accounts</div><div><p>The Obama administration on Friday proposed new regulations aimed at protecting workers' retirement savings from unethical financial advisers.</p><p>The safeguards would protect workers from conflicts of interest on the part of advisers who manage their 401(k)s and individual retirement accounts. The administra...

Biden unveils new rules on retirement savings

2010-02-26T08:45:22Z

<div><p>WASHINGTON (Reuters) - Vice President Joe Biden on Friday proposed new rules to help protect U.S. workers' retirement savings as part of a broader government effort to bolster the finances of middle class voters.</p><p>With President Barack O...

Pew Study Finds States Face $1 Trillion Shortfall in Retiree Benefits

2010-02-22T08:25:52Z

&lt;div id="subtitle"&gt;Pension gap problem might be worse than previously reported&lt;/div&gt;&lt;div&gt;&lt;p&gt;Social Security isn't the only retirement system in trouble.&lt;/p&gt;&lt;p&gt;A new report from the Pew Center on the States finds a $1 trillion gap at the end of fiscal year 2008 between the $2.35 trillion ...

Wall street, trust, and penny stocks

2010-02-22T08:30:10Z

<div id="subtitle">Buy and hold strategy is not dead</div><div><p>I was reading an article recently that was asking if investors will ever trust Wall Street again. The author noted that the market's turbulence hasn't just destroyed wealth; it's also shattered our faith in the financial system itself. </p><p>Seriously? I'm not sure penny stock investors ev...

Fidelity reports 10-year 401k account performance

2010-02-22T09:03:16Z

<div id="subtitle">Fidelity: Commitment to saving helped 401k accounts grow despite volatile market</div><div><p>If you had money in the stock market over the past decade, you probably agree that it was one bumpy experience. It might lead you to think your retirement account didn't fare too well. A new study by Fidelity Investments shows consistent contributions and sta...

Do you understand your pension plan?

2010-02-22T09:30:34Z

<div id="subtitle">Defined-benefit vs. defined-contribution plans</div><div><p>In the past, the thought of retiring with a pension was very likely to raise images of a secure and steady retirement income after years of loyal service. </p><p>But times have changed. </p><p>Many pension plans used to be defined-benefit plans, in which the payments that you received from your employer wer...

Prepaid tuition program: ItÕs a Ôwin-winÕ

2010-02-22T10:37:53Z

<div><p> FOR INFORMATION | Go to nevadatreasurer.gov/PrepaidTuition.htm or call the Prepaid Tuition Office at 486-2025.</p><p> Last week, President Barack Obama commented about the need for people to save for college tuition as opposed to throwing money away on, well, other diversions.</p>&...