Archive for January 31, 2012

Security Guards: Income and Debt

Based on information from a leading internet salary comparative website, as of January 2012, security jobs average around $9 to $16 salary an hour, depending on the inherent hazard of the job, seniority, specialization as well as the state where the security guard is employed. Assuming a security guard has regular work that means a [...]

Three Spending Habits That Lead To Debt

Debt isn’t something that just happens coincidentally or accidentally as you go about your daily living. There are certain spending habits that lead to debt. Recognizing these habits now could save a lot of money and stress later. If you want to stop creating more debt and pay off the debt you have, you must eliminate these bad [...]

The IMF – Not Fit For Purpose Anymore

The IMF and the World Bank were created in a very different world than we live in today.  The emerged in the chaos of 1944 when the world was still very at much at war.    The organisations were intended to promote some sort of economic stability and to encourage free trade and economic cooperation [...]

The Fundamental Problem of Debt

Not all debt is bad, after all look at the roof over your head – the place you live is probably the result of you have taken on some debt.  How long would we have to save before we could have bought a house outright?  I’m sure my parents would have got kinda of tired [...]

Spending Problems Affect Everybody

Spending problem is serious both on national level & on personal level. People who have crazy spending sprees not only affect their lives, but also the lives of the people directly related to them or people who are not related to them at all. Every debt that is not paid is going to add burden [...]

Capitalizing on a Market that has headed South

With economic uncertainly wreaking havoc on European and US markets it feels like the average consumer has few options when it comes to investing.  While surely the market will recover, few are willing to risk losing it all amid such turbulence. Since most people with a 401K or other retirement vehicle are already heavily invested [...]

Not debt relief, but a minimal capital requirement among banks is the best solution to avoid a systematic banking crisis.

Since the credit crunch which started with the decline in the US real estate market that impacted worldwide financial institutions. This chain reaction of events resulted in a global financial crisis which have impacted not only the financial sector and US real estate market but has also influenced other sectors. These events have had an [...]

Employment On The Rise But Salaries Still At Risk

The latest data on unemployment figures- currently on a downward trend at 8.5%- has prompted an upswing in polls for the Obama administration, and may improve his chances for re-election, according to the Financial Times. While this change is indeed a positive one, it is worth taking a look at the factors behind this figure. [...]