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According to a recent NYT article: “Someone with $100 million has nothing to fear, not even fear itself. But not long ago, a client with such assets called and asked Bruce Bickel, her wealth adviser at PNC Wealth Management, to put her on a budget.” Millionaires on budgets? What’s This world Coming to? According [...] Check this out- after unprecedented cost cutting measures by corporations over the past 12-14 months, wages are growing again! Or are they? This is according to a recent NYT article. I myself was a victim of just about all the cost cutting measures (except being laid off) last year: My raise was postponed indefinitely, [...] Before The Mortgage Debt Relief Act of 2007, you would owe taxes on any amount of debt that was canceled or forgiven. The Mortgage Debt Relief Act allows those who cancel or reduce mortgage debt through mortgage restructuring or foreclosure to avoid paying taxes on the amount forgiven. It’s a good thing too – [...] The death of a loved one can be emotionally devastating, but it can also be financially devastating when that loved one was providing for the family. In fact, the loss of income from the death of a spouse is one of the major causes of bankruptcy in America. Here’s your ounce of protection against [...] |
 
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