Japan’s political kaleidoscope (4): Too many cooks, too many crooks, and too many kooks
The devil’s greatest achievement was to have persuaded so many people that he doesn’t exist. - Baudelaire Never attribute to malice that which can be adequately explained by stupidity–but don’t rule out malice. - attributed to Albert Einstein The essence of the Democratic Party of Japan now is a three-tiered structure of the Finance Ministry, Party Secretary-General Ozawa’s troops, and public sector labor unions. It will be impossible to maintain this structure without tax increases. [more...]
Date: 2009-09-21 11:02:58
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Double the Income or Double the Expense Till Death Do Us Part
Getting married is stressful and emotional, but when it comes to handling finances, things can get really scary. You’ll be combining two incomes in most cases and many people get the impression that they can start spending twice as much. This usually leads to double the expenses and a lot of heartache. If you’re just starting out on your path of wedded bliss, there are a few tips that will help you use these first few years to create a solid income for your future. 1. Business is business. [more...]
Date: 2009-07-24 12:27:51
How to Be Aware of What Credit Counselors and Consolidators are Really Offering
This is a guest post from Matt B . Matt writes about all aspects of personal finance at Financial Methods . Please visit the site and let him know what you think. If you are at a point in your life where you have realized that the debt you lug around behind you weighs you down too much, good for you. If you are stuck at the beginning of the battle and not sure where to go next, just know that there are plenty of options. [more...]
Date: 2009-09-28 11:01:51
The Quiet Millionaire by Brett Wilder
There are so many personal finance books out there and most seem to fall into one of two categories – Get rich insanely quick or get frugal to turn your life around. For those of us that want a more solid and easy to accomplish means of developing a personal fortune, there are not a lot of options. However, The Quiet Millionaire showed a lot of promise when we first spotted it and we were truly surprised by this book. [more...]
Date: 2009-09-24 10:48:31
Auto Finance Basics ABC
by Terry U. Vostor Going down the road to purchase an auto ” a car, truck or S.U.V.? Perhaps you need a car to drive to your job, your vehicle just gave up the ghost or your truck was in an auto collision, written off and you are off to purchase a new or replacement vehicle? Autofinace can be very confusing if handled without proper guidance. You may stand the risk of paying unnecessarily high amounts of installments or getting an unfavorable warranty deal. [more...]
Date: 2009-09-27 09:59:31
Credit Card Processing Rates – The Big Six
September 27, 2009 | By Anne Torres In Finance | by Anne TorresIf you’re new to the merchant services industry, you’ll find that there is a very high level of competition going on among its participants. In choosing an account provider, one usually goes for the one that offers the lowest credit card processing rates. However, things may not be that simple as the merchant will need to have a good understanding of these rates and how they play a role in the way an account will be handled. [more...]
Date: 2009-09-27 09:46:29
Good Business Sense: Microsoft’s Free Accounting Solution
To be truly successful, you have to treat your business like a business, and good accounting practices are a big part of that. Yet only twenty percent of the twenty million small and home-based businesses in the U.S. use accounting software to track their business finances. Many home-based business owners’ “bookkeeping systems” still consist of pens, paper, and boxes stacked in closets. Worse, many more don’t keep records at all. They have no idea where, or if, they’re making or losing money. [more...]
Date: 2009-09-29 16:53:55
The Daily Poverty Party
Welcome to Bossy’s Poverty Party , an online support group for reining in spending, getting your finances in order, and climbing out of debt. Everyone basically knows what steps to take, but it is nearly impossible to climb that mountain alone. So every day nearly every day over the next year, Bossy will use this space to report her spending and missteps, along with cheap recipes, savings tips, and suggested tricks and goals. [more...]
Date: 2009-09-23 12:41:21
Carnival of Personal Finance - History of College Football Edition
Ahh… the smell of freshly cut grass, the roar of the crowd, the pounding of 200+ pound men slamming into each other at breakneck speeds - yup, college football is just around the corner. For the next four months, millions of people, including me, will be glued to the TV every Saturday. What a glorious thing. Where did this game get it’s start? Let’s check it out. We had a lot of great submissions in this week’s carnival, here are the best of the best. [more...]
Date: 2009-08-31 11:00:31
BRE Appoints VP, Treasurer – Analyst Blog
BRE Properties ( BRE ), a leading real estate investment trust (REIT), has recently appointed Stephanie T. Andre as Vice President, Treasurer with immediate effect. The appointment is recognition of the increasing significance of the treasury function in the company, particularly in areas such as capital financing and financial risk management. Andre would be responsible for maintaining optimal liquidity along with budgeting and long-term forecasting. [more...]
Date: 2009-09-29 14:15:06
Corporate banking - a new phenomenon of new socio economic global order
Corporate banking consists of simple business of issuing loans to more complex matters, such as helping minimize taxes paid by overseas subsidiaries, managing changes in foreign exchange rates, or working out the details of financing packages necessary for the construction of a new office, plant or other facility. In many cases, there is an overlap between corporate banking and capital markets. [more...]
Date: 2009-09-29 12:19:39
100 Degree Links
100 degrees where I live. How toasty. How refreshing. And then there was : "Ice Age" helmer Chris Wedge will next direct "Leaf Men," a feature toon that Fox has committed to finance through its Fox Animation label, with Blue Sky Studios producing. The development comes after a fascinating tug-of-war over the project between Fox, Blue Sky Studios co-founder Wedge and Disney-based animation rival Pixar ... It's always fun when two cartoon titans duke it out for the rights to a hot property. [more...]
Date: 2009-09-25 22:34:00
There is very little difference between the co-ops and the “public option”
By Kip Sullivan, JD Advocates of a “public option” have been extremely critical of the health insurance cooperatives proposed by Sen. Kent Conrad last June and incorporated in the draft legislation released by Senate Finance Committee Chairman Max Baucus on September 16. “Option” advocates claim the co-ops either will not survive or will be so small they will be unable to force the insurance industry to lower its premiums. This is legitimate criticism. [more...]
Date: 2009-09-29 13:19:44
$35 Billion Towards HFAs: An Interview Gone Bad
Yesterday I was invited to be on FOX Business News’ Stuart Varney show and I jumped at the opportunity. The reason I was excited was that I got to discuss one of my favorite subjects these days, the government’s wasteful overspending. I was sent a copy of this Wall Street Journal article that talked about the $35 billion dollars the Obama Administration was looking to give to state run Housing Finance Agencies (HFAs) . [more...]
Date: 2009-09-29 14:16:11
The Personal Finance Hour, Episode 18: A Twenty-Something Entrepreneur
In the recent GRS reader survey , one common request was to delay the weekly podcast announcement until after the show so that I could provide a brief written summary for those who don’t have the time or the inclination to listen. That means I can’t provide a reminder for people to call in during the show, but it may generate more discussion here on the blog. A millionaire by 26 This week, Jim and I spent the hour talking with Erica from erica.biz . [more...]
Date: 2009-08-31 23:55:59
See How ManagIng Your Private Debt And Get What You Want Out Of Life
September 14, 2009 | By Terry Stanfield In Finance | If statistical data are anything to go by it appears most of the populace has some level of private debt. Debt in itself is not a bad thing so long as you’ve got the capability to make repayment without causing yourself additional stress. If we constantly consume more than we earn, the end result isn’t going to be good. If you need to govern your personal debt you want to get on top of your budget. [more...]
Date: 2009-09-14 22:57:00
How To Use Online Loan Calculators To Save Money
September 18, 2009 | By Nicole Bee In Finance | When you’re learning about simple loan calculators, it’s easy to feel overwhelmed by the sheer amount of relevant information available. This informative article should help you focus on the central points.How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out. Keep in-mind that Private Mortgage Insurance is required when less than 20% down payment is made. [more...]
Date: 2009-09-19 03:38:14
Analysing Temasek Holdings’ Review: Does portfolio value mean anything?
Gangasudhan Temasek Holdings released its annual report on 17 th September 2009 which was duly highlighted in the best possible light with a bold header of ‘ Temasek Rebounds ’ ( Straits Times, September 18 ). Unfortunately, Temasek Review 2009 seems to have more questions than answers (not necessarily a surprise), some which would serve the interests of the fundamental shareholders to be answered – and we are not talking about the Ministry of Finance which is its sole shareholder. [more...]
Date: 2009-09-29 18:49:30
Bad Credit Repair Industry in the Recession
September 6, 2009 | By Shantel Buatone In Finance | by Ryan ParkerWe all know that the economy isn’t in good health now. Compared to just a few years ago, we are definitely in a rut. Latest figures from the department of statistics indicate that just over 2 million people have lost their jobs this year due to the economic slow down. Leading trend companies have suggested that another 4 million jobs will be lost before any meaningful improvement in the economy will show up. [more...]
Date: 2009-09-06 17:46:58
How Saving has Enabled Us
“Save your money, and one day it will save you” -old African proverb Moneymonk shared the above in her Friday quote post last week ... pretty much debt free, with the exception of our home mortgage and credit card balances, which are paid ... Finance, check back every Wednesday for a new segment. This is not financial advice. Please consult [more...]
Date: 2009-01-14 12:38:00
Personal Finance Hard Truth Week in Review – It’s Almost Over Edition
The campaign is in its final days. I expect we will have six months or so before the next group of presidential wannabes begins making noises about ... of Debt Reduction and my post on Shouldn’t We Burn Credit Cards in Protest? Oh - that candy your kids ... a website that includes their amazing tax saving calculator. Apparently, you input your income [more...]
Date: 2008-11-01 13:34:12
Debt Settlement – When You Should Talk to a Professional For Debt Relief
Are you one of the several thousands of Americans in debt? Do you owe hundreds or even thousands in credit card debt? If you are one of these individuals who are struggling to fix their finances, you are probably bombarded with a lot of information on the available debt relief services.Last 5 posts by How To Easily Own A Membership Site - September 25th, 2009The "Give-To-Get" Principle - September 25th, 2009If 90% of Internet Marketers Fail How is Success Possible to Achieve? [more...]
Date: 2009-09-25 06:01:23
Fitch Raises Star Gas Sr Unsecured Rating to BB-/RR2; Outlook Stable
Fitch Ratings has affirmed the 'B' Issuer Default Rating of Star Gas Partners, L.P. and raised debt ratings as follows: Outstanding 10.25% senior unsecured notes due 2013, co-issued with its special purpose financing subsidiary Star Gas Finance ... [more...]
Date: 2009-09-29 17:27:34
How Online Loan Calculators Can You Time And Money
September 21, 2009 | By Dennis Shirk In Finance | by Martin KeeleDo you ever feel like you know just enough about loan calculators to be dangerous? Let’s see if we can fill in some of the gaps with the latest info from loan experts.How much should your down payment be? Most experts recommend at least 20 percent. Consolidation loans also have varying repayment plans. Use the links below to determine your repayment amounts under each of the different plans. [more...]
Date: 2009-09-21 21:10:30
A loophole wide enough to drive a GMC truck though
The Bush administration’s outline of its automaker bailout package lists some seemingly sensible changes in labor practices that GM and Chrysler need to make. (Ford, to its credit, is seeking private financing instead.) Targets: The terms ... of Congressional negotiations but did not come to a vote, including: Reduce debts by 2/3 via a debt [more...]
Date: 2008-12-19 16:41:00
Twitter Tuesday Profile: @MeWithoutDebt
It wasn’t one big splurge like a boat or a car that pushed our next Twitter Tuesday Profile into nearly $30,000 worth of credit card debt. It was small, menial purchases put on plastic that piled up over time. While this single 30-year-old research assistant in Washington DC prefers to remain anonymous, they are very open about their personal finances on their blog, MeWithoutDebt.com and through their Twitter account, @MeWithoutDebt. [more...]
Date: 2009-09-29 11:57:04
Post Properties Offering Stock – Analyst Blog
Post Properties, Inc. ( PPS ), a real estate investment trust (REIT), has recently sold over 4 million common shares at $17.75 each. Although the equity financing provided the much-needed cash to repay some of its outstanding debt, the move could potentially dilute earnings. Post Properties expects to raise net proceeds of $68 million, after deducting the underwriting discount and other expenses associated with the public offering. [more...]
Date: 2009-09-29 16:16:55
Cash for clunkers worked like this — (Sticker MSRP + markup + options + fees + taxes - $4,500 = Price you paid).
Financing 100% of the price of a car at anything other than 0% means you are under water after the first year. Most people put nothing down when buying a car — just ’sign and drive’ for whatever you can qualify for and believe the dealer has your interest at heart like with real estate agents. The average new car depreciates 10%- 20% in first year. A 60 month car loan won’t exactly ‘build equity’. Being in the Auto Industry, I can tell you we are having the worst September in our history. [more...]
Date: 2009-09-29 15:46:41
Stealing from You A Specialty
I admit that I can still be astonished. When I watched ‘60 Minutes’ last night I saw a big surprise report that I was right all along about oil ... on what was destroying family finances, credit and prices of absolutely everything ... crops would be worth months in advance, so that factories could lock in the best price for raw [more...]
Date: 2009-01-12 19:40:36
Islamic finance in Michigan: "When you look at the economic crisis we're in, if you were to follow Islamic or Sharia financing, you couldn't have this crisis"
And if cars didn't exist, you never would have had that fender-bender that made you late for work ... . Are Western economic systems perfect? Clearly, they are not. But the bottom line is this: Bad things [more...]
Date: 2009-01-14 05:01:00
Freedom from debt comes with a price
I was just pondering on how anything worth getting requires a fight. I am saddened when I hear people concede to a debt-ridden life. balade ... , but it gets easier. Getting out of debt and being a good steward of your finances is not easy ... you may want to consider consolidating… We all have room to cut our expenses - as difficult as it may [more...]
Date: 2008-06-28 17:27:53
Uncle Sam
To be fair, illustrating the personal finance page is a difficult and thankless job. Being asked, week after week, to draw a picture of abstract ideas like "the importance of maximizing your 401(k) contribution" -- on deadline -- is not an easy task. There are only so many giant piggy banks, ladders and staircases one can get away with. [more...]
Date: 2009-01-10 00:26:08
No Costs Are Fixed
My first year in business was bewildering. The various services necessary to run a business took some effort to figure out and pull off at the right time. Insurance, credit card processors, telephone and Internet, payroll and accounting, and even ... guys handled. A smart company has IT report to finance because techies are like kids in a candy [more...]
Date: 2009-01-08 08:01:00
Broke Ass Financial Coaching: Spending Revolution
While being young, broke and beautiful is all well and good, some people’s finances are more jacked than others. That’s why we’ve invited Betsy Crouch (aka Coach $izzle) to come onboard and dole out some much needed advice. She is a professional financial coach after all. If you’ve got a question you’d like answered please email her at coachsizzle@brokeassstuart.com . Maybe your question will be the next one answered. [more...]
Date: 2009-09-15 16:29:37
Sunday Review #52 - From Eating on $1 A Day to Teaching Kids about Saving Money
#fullpost{display:inline;} ... DirectGas Credit Card - Discover Open RoadWorld's Largest Ice Santa ClausNovember's Best of FIRE Finance [more...]
Date: 2008-12-29 04:59:00
Spengler Misses the Point
“Spengler” is sometimes brilliant but sometimes he is way off the mark. His December 25 column strikes me as an instance of the latter ... is to return to Lever-Lever Land, that is, to debt-financed consumption. It won’t work. Leverage ... their own sales pitch. This analysis is too deterministic, as though an aging US population made [more...]
Date: 2009-01-03 02:35:12
3 Key Areas To Examine When Hiring A Debt Collection Agency
September 16, 2009 | By David P. Montana In Finance | To operate a organization effectively, every owner has to stay on top of their receivables and monitor their cash flow. Whether you market a product or give a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, uniform internal debt recovery policy in place. [more...]
Date: 2009-09-16 16:40:13
What Grandma Taught Me About Real Estate
As a young boy, I was lucky to have some great mentors. My grandmother is one of the best business teachers I’ve ever had and before I get too deep (which I will in future articles) into the financial analysis of real estate investing, mortgage financing, and other “on target” topics, I thought it best to tell you a little about me first [more...]
Date: 2008-06-23 18:47:13
2008's Best of FIRE Finance
#fullpost{display:inline;} ... Credit Cards» Four Quick Ways to Build A Strong Credit Rating» Risks Of Cash Advances And Payday Loans [more...]
Date: 2008-12-31 04:59:00
Useful Basics of Personal Finance
Personal finance is a really new subject in our life ... problems and it is a very bad thing if they just assume that everyone is facing the same problem [more...]
Date: 2008-12-30 05:49:00
MICROCAPITAL STORY: Kenya Women Finance Trust (KWFT) Becomes First Kenyan MFI to Take Deposits
Kenya Women Finance Trust (KWFT) has achieved what it calls a “major milestone” as it became the first microfinance institution (MFI) ... . In addition, it has assets of USD 86.3 million, a debt to equity ratio of 337.16 percent and return [more...]
Date: 2009-01-13 08:31:27
Debt Management – Made Easy
September 26, 2009 | By Michael Sasaki In Finance | by Michael SasakiIt is important for every person to lead a debt-free life; this can provide a secure future for them and their families. Long term debt can cause havoc to personal life. So, it is highly imperative to meticulously plan for debt and avoid huge debt payments.Research analysts have found out that people fall into the debt trap because of their spending habits. [more...]
Date: 2009-09-26 05:17:04
What Truly Matters, Part 2
For those of you new to Free Money Finance, I post on The Bible and Money every Sunday. Here's why ... or vacations that we go into debt or try to get by without savings, even if doing so adds stress ... to your friends be too much to exchange for the higher pay? Would a house with more space best serve your family [more...]
Date: 2008-11-17 19:43:23
The Daily Poverty Post.
Welcome to Bossy’s Poverty Party, an online support group for reining in spending, getting your finances in order, and climbing out of debt ... t, in fact, what today’s Poverty Post is about, so we’re off to a blazing start! Anyway. One day while ... it up first when paying for something. And you should too because you see how well things worked [more...]
Date: 2009-01-07 13:15:15
Will The Real Madrid Model Work?
From Reuters: BARCELONA, Sept 29 (Reuters) - Real Madrid’s strategy of spending huge sums on players is unsustainable as it is unlikely to generate enough income from TV rights, sponsorship and merchandising, according to a new study published on Tuesday. Real spent 735 million euros ($1.1 billion) on 40 players between 2003 and 2009, according to the study by Jose Maria Gay, a professor of accounting at the University of Barcelona and an expert on soccer finances. [more...]
Date: 2009-09-29 19:30:47
3 Main Points To Consider When Hiring A Debt Collection Agency
September 17, 2009 | By David P. Montana In Finance | To manage a company successfully, every owner has to stay on top of their receivables and watch their cash flow. Whether you promote a product or provide a service, you probably face late-paying or none-paying customers from time to time. That means that you have to have a sound, consistent internal debt recovery policy in place. [more...]
Date: 2009-09-17 22:18:21
Consolidate Your Debt
Saving money is vital in our everyday living. I understand that for many people this is not easy because of inflation or simply the inability to make ... from in this company. You can use the services of debt settlement or counseling to review your finances and enroll in their Debt Management Plan. Another option is Debt Negotiation. This is the [more...]
Date: 2008-08-28 21:07:00
Debt Consolidation - FREEDOM FROM DEBT HAS NEVER BEEN THIS SIMPLE
Amazon.de Widgets For Immediate ReleaseFREEDOM FROM DEBT HAS NEVER BEEN THIS SIMPLEIt’s A New Approach To An Age Old Problem Fort Lauderdale, Florida –A New Horizon is a well established Credit Counseling company with over 14years experience as a 501(c) (3) non-profit organization assisting tens of thousands of individuals and families from all walks of life in regaining control of their finances. [more...]
Date: 2009-09-10 15:00:20
Vehicle Buyback Programs Help Used Car Dealers, Not Consumers
Photo courtesy of tomeppy A few years ago I paid some stupid tax. Suffering from an incurable form of car fever, I went out and financed a late model, used Chevy Silverado pickup truck. It ranks right up there with the dumbest financial moves I’ve ever made. I fell victim to the “I work hard, so I deserve it” line of thinking [more...]
Date: 2008-10-29 11:00:18
Money Returns to Hollywood, to Little Applause
A degree of financial fizz has returned to Hollywood, but the industry is showing uncharacteristic restraint in its celebration, The New York Times’s Brooks Barnes writes.On Aug. 17, Steven Spielberg secured $325 million in additional movie financing. Two weeks later, the Walt Disney Companyplunked down $4 billion for Marvel Entertainment. Universal is refinancing $1 billion in theme park debt. [more...]
Date: 2009-09-28 09:16:57
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