12

Stock Markets all around the world have been collapsing for the past two weeks its time to look for opportunities – Wealth is created in times like these…. so continue playing the game and follow your investment strategy. Remember company’s balance sheets are very strong and market corrections do happen so take full advantage of it.

9

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:

8

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.

6

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.

3

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