Recently, Congress reintroduced a bill that would push for a dollar coin to replace the dollar bill. The chief argument for switching to coin dollars is the durability of coins versus paper money. Since dollars are heavily used, they don’t last as long as other denominations of paper money. The average lifespan of a dollar […]
When my husband bought his first house in January 2005, he qualified for and took on a piggyback loan. Basically, my husband took a traditional 80% mortgage on his new house, and also took a 20% mortgage in the form of a higher-rate home equity line of credit to cover the “down payment.” He took […]
Jane has always wanted to see Aruba. She wants Robert to take her there to celebrate his late retirement. But Robert’s head is pounding from an unrelenting fear: they won’t have enough money to spare from their savings. Fifty-six years (give or take a decade) working for a company, and you’d think there’d be a […]
The rising prices in the housing market within the last year (in some cases as high as 10%) are a good sign for the economy, as well as for homeowners and investors hoping to make a profit. Since the bottom fell out of the housing market and decreased home values as much as 30%, home […]
Usually when the IRS is mentioned in a headline about tax fraud, they’re the ones doing the investigating. But in recent headlines, the IRS itself is facing allegations of discrimination. The IRS is being sued by numerous representatives of non-profit Tea Party groups whose tax-exempt status requests were either denied or are still in limbo — […]
Last week, the House passed a bill that would require bondholders and Social Security beneficiaries to be paid first in case of a failure to raise the ceiling on the national debt later this summer. While the bill passed, there’s doubt it will get past the Democratic majority in the Senate; the White House has […]
