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As you do your taxes some of us will receive a refund others will have to pay; but would it be nice to know where your tax dollars goes…I would… well President Obama and the White House created the 2010 Tax Receipt. To see where your tax dollars goes click my blog’s Tax Center or White House Tax Receipt.

Income Tax Payment Breakdown for 2010:

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I was reading the Dallas Morning News Paper and came across this ad for Unclaimed Property held by the state of Texas for its citizens; for example, if your past employer has your last salary and cannot get a hold of you then they will sent it to the State. Its up to you to contact your state and see if you have any unclaimed property. The information below can help you search to see if you have unclaimed property in Texas, If you are in a different state go to your state’s comptroller website.

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I read this article today from Kiplinger by Erin Burt, Contributing Editor via Yahoo, and I thought that I should share it with you all, it deals with personal finance and savings. A snapshot of the main points are listed below: (please click the here to read the full article)

1. Carrying a balance; 2. Overspending on gas and oil for your car; 3. Keeping unhealthy habits; 4. Using a cell phone that doesn’t fit; 5. Buying brand-name instead of generic; 6. Keeping your mouth shut; 7. Buying beverages one at a time; 8. Paying for something you can get for free; 9. Stashing your money with Uncle Sam rather than in an interest-earning account; 10. Being disorganized; 11. Letting your money wallow in a low-interest account; 12. Paying late fees and missing deadlines; 13. Paying ATM fees; 14. Shopping at the grocery store without a calculator. 15. Paying for things you don’t use; 16. Not reading the fine print; 17. Mismanaging your flexible spending account; 18. Being an inflexible traveler; 19. Sticking with the same service plans and the same service providers year after year; 20. Making impulse purchases; 21. Dining out frequently. 22. Trying to time the stock market; 23. Buying insurance you don’t need; 24. Buying new instead of used; 25. Procrastinating.

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I found these Budget stats from two different sources and thought I will share.
How Americans Spend Their Money – 2008:
Housing & Related purchases – 33.90%
Entertainment & Miscellaneous Items – 19.40%
Transportation – 17.00%
Food – 12.70%
Personal Insurance & Pensions – 11.10%
Healthcare – 5.90%
Standard Budget Percentage:
Housing – 35%
Life – 25%
Debt Repayment – 15%
Savings – 10%
Transportation – 15%
Sources: US News – US Bureau of Labor Statistics, and CNBC TV

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 Kiplinger’s 25 Favorite Funds US Stock Funds • Akre Focus — AKREX • Arbitrage Fund R — ARBFX • Baron Small Cap — BSCFX • Dodge & Cox Stock — DODGX • Fairholme Fund — FAIRX • Fidelity Contrafund — FCNTX • Fidelity Low-Priced Stock — FLPSX • FPA Crescent — FPACX …• Pimco CommodityRealRet Strat D — PCRDX • Primecap Odyssey Growth — POGRX • Selected American Shares S — SLASX • T. Rowe Price Equity Income — PRFDX • T. Rowe Price Mid-Cap Growth — RPMGX • T. Rowe Price Small-Cap Value — PRSVX • Vanguard Dividend Growth — VDIGX • Vanguard Selected Value — VASVX International Stock Funds • Dodge & Cox Intl Stock — DODFX • Harbor International — HAINX • T. Rowe Price Emg Mkts Stock — PRMSX Bond Funds • Dodge & Cox Income — DODIX • Fidelity Intermediate Municipal Income — FLTMX • Harbor Bond Institutional — HABDX • Loomis Sayles Bond — LSBRX • Vanguard Infl-Protected Secs — VIPSX • Vanguard Short-term Investment-Grade — VFSTX

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My Research Interest that will govern this blog:

Finding creative solutions to global problems (business, political & social) by scientific and or information technology methods; whereby the data supplied is converted into information allowing the users to make strategic decisions.

 Effects of Government Regulations on the Free Market System and therefore its overall implications on its Citizens.
 Effects of Financial Institutions & Markets on the overall Economy.
 Making effective strategic management and financial decisions in business through Information Technology Intelligence.
 How the social, political and economic environment affects an individual’s financial situation in terms of wealth creation through effective Personal Financial Planning.
 Translating successful business practices & methodologies into the operations of households in building family wealth.