Finance

8,000 Homebuyers Tax Credit Extended

November 10, 2009

YPJimH says: This is a very important information for individuals who are looking to purchase a house in the upcoming year. It is an excellent time to buy, because of the 8,000 tax credit is extended. I remember being in the car with my cousin when we were going out, he stopped at the ATM, [...]

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How to Turn 100 Dollars Into Millions

November 3, 2009

YPRuck: I go to the gym about 5 days out of the 7 day week and I routinely get in the sauna where a lot of different topics are discussed from women to God to Government to finances and investing.  An older gentlemen said something that really hit home that a lot of young professionals [...]

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Thank heavens for the downturn? Some people think so

November 2, 2009

    YPRichB: Is the recession a good thing??? This article lends an interesting point of view to support that statement. It seems the financial crisis isn’t all doom and gloom: one in four people are glad the world’s economy slumped like it did, because it helped them realize their priorities in life, according to [...]

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How Bad Are Your Credit Card Mistakes?

October 22, 2009

  Grade yours on a 10-point scale. Nobody’s perfect. When it comes to our financial lives, we’ve all done things we later regretted — whether it’s getting slapped with a $3 fee for using an out-of-network ATM or going on a Las Vegas bender and losing the house on an overly aggressive poker bet. The [...]

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The Biggest Losers (of Debt): How a Family Shed $106,000 in Debt

October 7, 2009

  I came across this story almost a month ago and was wondering how the hell this family paid off $106,000 in debt in 5 years without hitting the lottery or receiving a lump sum of money.  This family went with a consumer credit counseling company which is not a bad thing and can be a [...]

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How to Pay Yourself 1st!

October 6, 2009

The phrase “pay yourself first” has become increasingly popular in personal finance and investing circles. Instead of paying all your bills and expenses first and then saving whatever is left over, do the opposite. Set aside money for investing, retirement, college, a down payment, or whatever requires a long-term effort, and then take care of everything else.

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Recession Tackles NFL Team Values

September 30, 2009

YPDSing, Although the NFL is a billion dollar industry where owners are billionaires and players are multi-millionaires, some franchises are still feeling the economic crunch. Check out this interesting article! By, Kurt Badenhausen, Michael K. Ozanian and Christina Settimi Forbes’ annual analysis of pro football finds a quarter of the league’s franchises worth less than [...]

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Your 5 Minute Guide to Budgeting

September 22, 2009

YPJimH says: Recently, I’ve been really thinking about my money, and how to maximize it, to secure the best for my future. Budgeting is a very essential part to being successful with your money. Like the old adage goes, “If you fail to plan, then you plan to fail.”  Even though most of America is [...]

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Washington, D.C. favorite area for wealthy young

September 17, 2009

YPDSing: It is interesting to see where today’s YoungProfessionals are migrating to these days. I remember a time where everyone was trying to get to Atlanta for corporate growth and lifestyle. There always seems to be somewhere to go where YoungProfessionals seem to be flocking. Today it seems that DC is that place. The DC [...]

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Stock Market 101: How It Works and How to Get Started

September 16, 2009

YPRuck: YP’s I know we all hear about the stock market all the time and this may not be the right time for some of us to invest but for those of us that are looking to invest in something that can benefit our future and our children’s future here is an article that discusses [...]

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Credit Cards Using Any Excuse to Lower Limits, Raise Rates

September 15, 2009

  YPs this is a good article I found discussing some alarming practices by some, if not most credit card companies because of the CARD Act that is expected to go into effect in February.  This is a good read, very informative and eye opening for those of you with credit cards.  My advice, if [...]

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Ten Bubbles in the Making

September 14, 2009

YPDSing, We need to know whats going on in ‘World Economics.’  Check out the predictions for some possible future economic catastrophes!!! Posted Sep 11, 2009 09:17am EDT by Lawrence Delevingne One year after America’s brush with economic catastrophe, there’s plenty of looking back at the bubbles that caused financial chaos. But what’s next? There are [...]

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First Time Home Buyer Tax Credit – Time is Running Out!

August 9, 2009

The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009 We are past the half way point towards that expiration date! There are plenty of homes available at affordable [...]

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Simple, Easy way to Construct A Budget for YPs

July 29, 2009

You Shared Bills  Income    $    2,000.00 1-Aug-09 Confirmation Number   Expense  $      (300.00) Car Note     Expense  $        (80.00) Phone Bill    $   160.00 Expense  $        (75.00) Car Insurance     Expense  $        (75.00) Food    $   150.00 Expense  $      (200.00) Student Loans     Expense  $        (50.00) Gas     Expense  $        (25.00) [...]

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Top-Paying Jobs for Women

July 29, 2009

Women are flocking to the labor force in record numbers. Nearly 60% sought or occupied employment in 2008, the latest year for which statistics are available, representing 46.5% of the total U.S. labor force. More than one-third of these women worked in management, professional and related occupations, accounting for 51% of all workers in this [...]

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