The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
What if I told you that you can live well in California with an income of less than $50,000 a year? A budget of this kind is not some sort of financial bait and switch but a realistic budget that many frugal people use on a daily basis. California has one of the highest costs […]
Stimulus Check Gone with Price of Oil: Running the Actual Numbers Behind the Non-Issue Stimulus Checks.
You may be wondering why the $150 billion stimulus package has had such a minimal impact on the markets and the general economy. The problem is, the entire stimulus package was spent merely keeping up with rising oil prices. Since the start of the year, oil has gone from $95 to $145 to the current […]
Credit Crisis: $390 Billion in Writedowns so Far. The Epic Housing Bubble Explained.
The Washington Post has an excellent three part series that will be highlighting the epic in progress housing bubble. For those of you who are still uncertain how this entire jigsaw puzzle comes together, this resource will prove to be invaluable. You have to wonder how the entire economy has become so dependent on structured […]
Myth Busted: Being Owned By the Ownership Society in California: How Housing and Credit Came Crashing Down.
In 2003 President Bush talked about an ownership society to encourage the American public to take personal responsibility for their own actions and success. This was the rallying cry for the major tax cuts that were being pushed onto the American scene supposedly to bolster economic growth. The plan itself seemed to be working for […]