Common, Everyday Tax Deductions
In Part 1 of this series, we looked at 7 year-end tax tips to boost your tax deductions and lower your taxable income. In Part 2 we are going to list the common, everyday expenses that can be itemized in order to reduce the taxes you have to pay Uncle Sam. When [...]

End-of-Year Tax Break Exercises
Before you know it the ball is going to drop as we ring in the New Year. But before it is officially 2008, let’s spend some time wrapping up 2007 by discussing some ways you can lower your realized income, which means a lower tax bill or a bigger tax return. Here [...]

Aren’t friends great? Especially friends who like to spend lots of money. Sure it’s a lot of fun to take that impulsive trip to Vegas, and going out to eat with your friends is a great way to catch up. But if your goal is to obtain wealth, catching up with friends can be costly [...]

When you set your monthly budget, give yourself a weekly budget to avoid spending your entire monthly budget early in the month. If your budget is realistic and a bit of a challenge, there will times you go over due to unexpected expenses and seasonal increases in bills. Hopefully those months are offset by months [...]

The holidays are fast approaching, and retailers are preparing for Black Friday, the busiest shopping day of the year. Great deals and gangbuster offers are plentiful as companies kick off the holiday shopping season. Just like every other year, you’ll struggle once again to decide what to get the ones’ you love. A gift card [...]

What would you do if your investments lost 20% in value overnight? How would that make you feel about investing? Some people would panic, others may find it as an opportunity to acquire more assets at a discount, and others would never put themselves in that situation in the first place.
Determining and understanding your risk [...]

T. Harv Eker, author of Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, believes wealthy people inherently think differently about money. We each have a unique “financial blueprint,” which is created over a lifetime of our exposure to money messages. Eker lists 17 ways that wealthy people behave and think about money:

Wealthy [...]

Natural gas prices might be going up, which means your bill to heat your home will skyrocket. Here are some quick tips on how to save some money at home this winter.

Put up the storms. If you have older windows with storm windows, remove the screens and put up the storms.
Caulk it up. If there [...]

Most self-made millionaires do not become millionaires by being employees. The majority became millionaires from their successful businesses the were able to build.
What’s important is that to build a profitable, cash-generating business it does not have to be anything new or innovating. In fact, most businesses that succeed do not re-invent the wheel at all. [...]

It seems you cannot read the news without hearing more bad news about the stock market and US economy. The dollar is reaching all time lows daily, the real estate market has no signs of near-term hope, oil is nearing $100 a barrel, the stock market is questionable, financial institutions are hitting 52-week lows, and [...]