Because of rising health care costs, many employers are turning away from traditional insurance programs, such as PPOs. Instead, many are easing their employees into High Deductible Heath Care insurance plans, or HDHPs. At first glance, these health plans seem terrible. Co-pays have been eliminated, on doctors and prescriptions. If you have a medical expense, it comes out of your pocket until you reach the deductible, which is at least $1500.
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To have a healthy finance life, we need a healthy life style. Without health, personal finance planning makes no sense any more. Here is a great natural health blog - healthyfellow.com, it publishes natural health information daily, the best part is that these information are validated by scientific research, natural and science are the perfect match for health, don’t miss it.
The economy seems getting worse day by day, what can we do? What’s expected in the future? Here is a discussion that may be an interesting read for you: Preparation and Living for Today
The stimulus package added all kinds of excellent benefits for people in the United States. Among those new tax credits is a $2500 tax break for going to college. Those who spend more than $4000 in a single year on their education will get a $2500 tax credit which is 40% refundable. (Up to $1000 cash back).
The American Recovery and Reinvestment Act of 2009 better known as the stimulus bill has a very interesting tax cut that is sure to fire up the real estate market. In the bill as drawn up American’s would receive up to a $15,000 tax credit for buying a home in 2009. Read the link to know all information about the bill.
The government wants you to dump it on things you don’t need, or to finance a huge luxury purchase. That’s exactly what you shouldn’t do.
The best thing you can do with the inflated money is to pay down debt. Start with your highest interest account and dump your check on it. There is no reason to carry debt on 10-20% credit cards when you’ve got cash on hand earning 2.5% at your local bank.
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Having an emergency fund may help you sleep at night but it’s costing you more than you think. For each dollar you have in low interest bearing accounts you have one less dollar invested at decent returns. For some people, the new trend is trading in the cash reserves for a HELOC.
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Payday loans are a great way to help out when you are in a financial bind and need money quickly for various expenses. These cash advances use your job security as your collateral and are available to many types of people in their many unique financial situations. (more…)
Stafford loans are part of the FFELP (Federal Family Education Loan Program) established by Congress in 1965 to supply financial aid to students. Originally intended to cover those ‘in need’ where the quotes indicate that the definition was somewhat loose even then, it rapidly expanded. Today, Stafford loans provide over 90% of the more than $50 billion dollars distributed every year within the various FFELP categories.
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With the rising cost of education over the past few decades, reliance on traditional Stafford loans has often failed to cover even the majority of expenses. The PLUS (Parent Loans for Undergraduate Students) loan program was designed to close that gap.
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