Archive for the ‘Economy’

  • Protect Yourself From Bad Economy With A Good Financial Armor!>
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    Protect Yourself From Bad Economy With A Good Financial Armor!
    The bad economy has made this world a battlefield where you’ve got to protect yourself from the attacks of your enemies, such as, debt, excessive spending and financial illiteracy which have already wounded many of us. Your financial armor should be made up of foolproof ways in which you can cope up with the financially adverse situations created by these conditions. Many of us are aware of the bad economy, but most think it has happened due to reasons beyond our control and we are not to blame for it. I do agree, but if our financial armor would have been really strong, our enemies would not have wrecked our lives the way they have now. Had we been a bit wise in our money saving methods, our financial security umbrella would have protected us from these rainy days. A bad economy may be the  [...]
    at October 3rd, 2009 at 01:10 am
  • Points To Consider When Going For a Career Change>
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    Points To Consider When Going For a Career Change
    A career change is more often the outcome of an ambition to earn more or the desire to get rid of unsatisfactory present work conditions. It does not always mean that a negative motivation should trigger you to search for new jobs. Sometimes you want a change because you just want to experience with something new even though you are satisfied with your present job. Here are certain things that you should bear in mind while looking for a job change as a mature grown up individual. Family Consultation Is Always Important I was a communication officer at a restaurant and my job would get over at 6 P.M. I got a very good offer from a leading health care corporate for the post of a help line professional that necessitated me to take up night shifts for attending calls. Being the mother of a two  [...]
    at October 1st, 2009 at 05:10 am
  • Tax Cheaters Hurry and Own Up, Otherwise Face Consequences>
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    Tax Cheaters Hurry and Own Up, Otherwise Face Consequences
    Some of us want to earn money but don’t want to pay taxes on it. Parting with a sizable percentage of your income can be a painful thing, but paying the government its revenue is ethical. But ethics being a matter of personal issue, many people try to evade taxes by fraudulent means. The IRS has always been in search of tax cheats who’ve stashed up money in hidden overseas accounts. So how do these offshore accounts help you in evading taxes? They help in a couple of ways. First, tax on income that is not mentioned on your tax returns will not be taxed as the IRS will not be able to locate it. Secondly, you don’t have to pay taxes on the money that grows in these accounts because as it is, these accounts are hidden from the IRS scanner. Well, you want to save money as much as I do like  [...]
    at September 24th, 2009 at 01:09 am
  • Basic Salaries Up By 10 % For FTSE Despite Bad Economy>
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    Basic Salaries Up By 10 % For FTSE Despite Bad Economy
    Its not all pay cuts and job losses, the directors of FTSE actually saw a 10 % hike in their salaries last year according to Finance Markets. The FTSE 100 had suffered huge losses last year, yet that did not affect the pay hike for their directors. The FTSE companies had almost one third of their value depreciated economically, but the salaries of employees was always on the rise even in the lean period. An annual survey conducted by guardian reports that the full and part time directors of the company shared about £1 billion between themselves. All this happens in the weakest of economic times. £791,000 is seen to be the average salary of the chief executive of a senior bluechip company. The salaries seem to include bonus amounts, transport allowance, children education allowance and dental  [...]
    at September 18th, 2009 at 04:09 am
  • What Is Recovery With Unemployment High?>
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    What Is Recovery With Unemployment High?
    You might have heard in recent times about the fading recession and the recovering economy but is there reason no for us to rejoice when unemployment is so high? According to Labor Department reports August 2009 saw an unbelievable percentage of 9.7 % in unemployment which his the highest since the last 26 years! With such a large mass jobless can we think that we are in anyway in the proximity of economic progress? Salaries might have increased for the already employed and people’s spending powers might have increased in the past few days which might make us think that the economy has improved. But when so many people are depressed because of job losses we cannot think that any kind of major economic progress has been made. The recession has hit the psyche of the common American negatively.  [...]
    at September 12th, 2009 at 04:09 pm
  • Does America Remain The Economic God In Future?>
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    Does America Remain The Economic God In Future?
    Till now America’s the economic destination of individuals from all over the world. America, the sole superpower with one of the most flourishing economies of the world, was aptly labeled as the land of opportunities by many. Not only the American nationals but immigrants from the rest of the world have utilized the economic resources of America to climb up the ladder of success. Education and employment in America has been the dream of many. But the recession seems to have changed the dynamics of this unique position occupied by America in the global economy. There’s a fall in its economic stature and the world seems to be shifting its focus to newer pastures. Is it time for us to now think that America’s going to lose its status as an economic God in the future? Well, at present many  [...]
    at September 12th, 2009 at 04:09 am
  • Obama’s Saving For Retirement Goodies Look Good!>
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    Obama’s Saving For Retirement Goodies Look Good!
    Saving for retirement seems to have been a hassle for many of us. Even though I wanted to save up, I could not because of the bad economy and survival issues in the present times was the priority. But now the Obama retirement savings schemes seem to have made it easy for us to save up something for that period when we’ll not be earning anymore. According to the Bloomberg report , the President on  radio coverage says that the savings of the nation is “essentially zero”. He says, “We cannot continue on this course. And we certainly cannot go back to an economy based on inflated profits and maxed-out credit cards.” Its rather alarming to know that 78 million Americans that constitutes half the work force don’t plan for retirement! According to treasury Secretary Timothy Geithner,  [...]
    at September 11th, 2009 at 02:09 pm
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