Editor’s Note: Contributing writer Emily Cesta has spent much of her twenties living abroad. In this post, Emily offers reflections on the world economy through the lens of her experiences in Ireland as the “Celtic Tiger”, (Ireland’s economy) … [Read more...]
The Inverse Relationship Between Gold and the Dollar
January 11, 2010 By
Gold has been one of the hottest topics in the investing world in recent months, and with good reason. In 2009, investors received a 25 percent return on gold---the biggest absolute annual gain in three decades. Arguably, gold’s nine-year streak of … [Read more...]
GDP as Economic Indicator: Why Q3 Growth Doesn’t Spell Recovery
December 30, 2009 By
Gross domestic product (GDP) figures provide a convenient snapshot of a nation’s economic health. Unfortunately, we too often draw conclusions based upon GDP numbers alone, overlooking underlying factors. Although a positive GDP report bolsters … [Read more...]
Why Recessions Are Good For Our Economy
December 21, 2009 By
I know what you’re thinking: How can high unemployment rates, declining stock markets, and having less cash in your wallet be good things? We like to think that in a perfect world, we would never have to endure the hardships associated with … [Read more...]
Cash-for-Clunkers Bill Could Offer $4,500 for Your Old Car
June 11, 2009 By
My father drives an old Lincoln town car that has over 300,000 miles on it. That's right, 300,000. Not only does he drive it, but he commutes over 90 miles each way in it, every day. Everybody who knows him thinks he should have gotten a new car oh, … [Read more...]
Obama's Economic Plan: What Do You Want to See?
March 24, 2009 By
President Obama will ddress the nation again tonight at 8 p.m. Eastern time to talk further about the steps his administration is taking to bolster our uncertain economy. What would you want to ask him? What steps would you propose he include in his … [Read more...]
Spending You Should Not Cut, Even In a Recession
March 23, 2009 By
These days, everybody's looking to save money. And with good reason---the more you can cut back on monthly expenses, the better prepared you'll be to weather the recession, including the frightening prospect of losing your income. That said, there … [Read more...]
2009 Economic Stimulus: What It Means For You
February 19, 2009 By
We are all holding our breath. We all want to know. Will the 2009 economic stimulus bill reverse our wayward economy? Unfortunately, it will take months, or longer, to find out. In the meantime, we can ask what this giant government spending plan … [Read more...]
How to Prepare for a Layoff
January 12, 2009 By
Layoffs are everywhere these days. My employer axed 20 more of my coworkers on Friday, and every week I hear about friends losing jobs at various companies nationwide. Layoffs suck, but given the recession we’re in, they aren’t a surprise. And … [Read more...]
I’m Optimistic About the Economy. Are You?
January 2, 2009 By
Kicking off 2009, I’m optimistic about the economy. Are you? What do you think 2009 will hold for the economy and for your own finances? … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 