Tag Archives: financial crisis

debt free

4 Ways to achieve your financial goal and enjoy a debt free life

It is often seen that most people have the habit of buying things unnecessarily even when they don’t need them. As such, they cannot keep a track of their spending habits which in turn, leads to debt problem. Thus, it becomes difficult for them to manage debt. If you are also facing the same kind of problem, then you may achieve your goal of living a debt by learning

Federal Debt

How far can Federal Debt rise?

The fiscal cliff has been averted but it is unlikely that the Obama Administration will be given an easy ride in the coming months as the majority in the House of Representatives is Republican and that Party has a totally different outlook on the economy.

The evidence points to both Parties being involved in a rise in the US Debt Ceiling since the Second World War; in fact the Republicans have raised the ceiling 54 times against only 40 by the Democrats.

Selecting-Credit-Card

Know the detail when selecting a credit card

Credit cards were the source of major problems when the recent financial crisis developed. Credit Card companies had been happy to recruit more and more users with special offers and often increased credit limits unsolicited as people reached their current limits; they did not mind as times were good and the real profit they made was on the outstanding balances left at the end of every month.

economy

What is the financial outlook in the USA for the ordinary man?

In recent years it has been the Chinese economy that has been receiving all the headlines but even in China, companies are building up stocks of products that no one currently wants. Demand has fallen worldwide and China cannot keep producing if there is no one to buy the goods. Indeed Chinese imports have also dropped in the last couple of months so consumer demand in China is falling as well.