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Yielding Wealth | Personal Finance

December 3rd, 2008

End of the Year Tax Preparation

If you haven’t started already, now is the time to start your tax preparation. The sooner you start, the less stressed you’ll be.
Even though I have an accountant do my taxes, I still like to be prepared. Make sure you have all your information together, and the proper documentation. I make this something I do […]

By miranda -- 2 comments

December 2nd, 2008

Taxes: Are You Ready for VAT?

In Europe, many governments boost their revenue through the value-added tax (VAT). It is also used Australia and Latin America. The VAT is a tax that works by collecting revenues at every stage of product production. So, taxes would be charged to manufacturers when they buy materials, and on down the line as the product […]

By miranda -- 11 comments

November 3rd, 2008

This Just In: Government to Borrow More Than $500 Billion

We all knew that we would have to borrow more money to fund the $700 billion bailout (that will really cost around $2 trillion or $3 trillion). But it’s not pleasant to see the numbers out there in black and white. (Or red. Blood red. As the case may be.)
$550 billion
That’s how much the government […]

By miranda -- 6 comments

October 14th, 2008

Barack Obama and John McCain Share Economic Proposals

Yesterday, Barack Obama unveiled six proposals that he claims will help the economy (especially ordinary Americans affected by the current situation. This morning, John McCain revealed a couple of his ideas regarding the economy at a campaign stop in Pennsylvania. While plans offered this morning from the current administration focused on helping banks get through […]

By miranda -- 6 comments

October 8th, 2008

Presidential Debate: The Economy and Health Care

Most of the questions during last night’s presidential debate dealt with the economy. One of the issues that I find a major part of the economy is health care. Personally, I think that we should have universal health care. But that’s just me.
Anyway, the plan laid out by Barack Obama offers the closest thing to […]

By miranda -- 0 comments

August 5th, 2008

Finally! Wi-Fi Acess on Airplanes

One of the issues associated with flying is the fact that there is no Wi-Fi access on airplanes. It is true that some European and Asian carriers offer wireless access, but the US has been behind on this trend.
Until now. Or later, at any rate.
American Airlines will begin a trial of in-air Wi-Fi this […]

By miranda -- 2 comments

July 18th, 2008

Barack Obama: Boost Our Infrastructure, Boost the Economy

Right now, there is a lot of focus on the economy, and on how the economy affects personal finances. This is a Big Deal in this year’s election. The major presidential candidates, Barack Obama and John McCain, are bending over backward to convince us that each of them has the right idea when it comes […]

By miranda -- 6 comments

June 20th, 2008

Personal Finance Tip #21: Learn About Taxes

Knowledge is power.
Learn about taxes.
You need to learn about how to keep more of your money — and the tax consequences of your personal financial decisions. From what kind of business to form to how trusts work to what is deductible, you need to know about taxes. Taxgirl offers a lot of great information on […]

By miranda -- 0 comments

June 12th, 2008

Two Cool Personal Finance Links

Just thought I’d give a little link love to a couple of personal finance posts that I though were especially interesting today.
First of all, at Blueprint for Financial Prosperity offers a handy comparative chart of John McCain v. Barack Obama in terms of who pays taxes (shown here in part):

Income
McCain
Avg. Tax Bill
OBama
Avg. Tax Bill
Difference
(Obama - […]

By miranda -- 0 comments

June 11th, 2008

Will Barack Obama Be Good For Your Personal Finances?

This year, perhaps more than any time since the “it’s the economy, stupid” race, personal finances are coming into focus for the presidential election. From the housing market crisis to gas prices to food inflation, the economy — and its effects on personal finances — are the bread and butter of this presidential race.
One of […]

By miranda -- 23 comments