Current Debt Talks Focuses on Taxes

Our government is currently in a debate about what to do with our debt ceiling and how to address of our national debt. I have a solution for our beloved politicians, just raise the debt ceiling and do not waste more time and taxpayers money on this topic. We are dammed if we do and dammed if we don't. The reality is that we are in financial trouble. The good news is that we as a country has

Simple Steps to Handle Worry Situations

"The Lord is my light and my salvation; whom shall I fear? The Lord is the stronghold of my life; of whom shall I be afraid? Though an army encamp against me, my heart shall not fear; though war rise up against me, yet I will be confident." (Psalm 27: 1, 3)Why have we become so worrisome? Is it our distance from our Creator? I can see it in the eyes of people as they walk

The Explosion of the Mexican Bonds

They go by different names; White doves, blue doves, red doves, you name the doves ... "vintage gold-backed bearer bonds" issued by the Mexican government. What has caused the sensation on the trade in historical debt instruments seems to come from rumors that the "allegedly authentic" certificates are more than mere collectibles because they "supposedly can somehow still be used as securities

Should Teenagers Have Credit Cards?

In the process of writing my new book on how to improve our credit scores, I came across of alarming facts that many times is overlooked; teenagers in financial crisis. Not many would think of this since they are just teenagers and just starting their lives. Many of them are in high school or college some do not have a job other than a summer job. So how can they be in financial trouble?However,

Is Canada Good as an Asset Protection Haven?

Last week Kitco Metals, Inc a reputable precious metal dealer from Canada was raided by authorities in Quebec. More than 175 Revenue Quebec Agents (equivalent to the US IRS) conducted raids related to Kitco on homes, offices, accountancy firms and bankruptcy trustees in the Montreal area, and a court-appointed receiver is now controlling the company. Canada has a respectable image internationally

Understanding The Health Insurance Deduction for Self Employed

Many years taxpayers miss potential tax deductions that could save them hundreds of dollars in overpaid taxes. Today I want to bring to you attention one tax deduction that many self-employed entrepreneurs missed this year; the special provision for health insurance deduction of 2010. The Small Business Jobs and Credit Act of 2010, provided a one-year tax provision where self-employed (sole

Common Myths About Credit Scores and Credit Repair

I am currently working on a new ebook on credit repair. A person's credit score is an integral part of his/her financial life and ignorance about how credit scores work can be devastating. Our credit scores are constantly being used to make an evaluation on us; for example, banks, credit unions, utility firms, landlords, insurers and even employers. What surprised me the most in the research of

Are Your Beliefs, Helping or Hurting You?

"Within you right now is the power to do things you never dreamed possible. This power becomes available to you just as you can change your beliefs." - Maxwell MaltzYour set of beliefs about life is the most important step in your process of being truly wealthy and living an abundant life. How and what you think have everything to do with your life right now. Your values, what we think is right

How To Avoid "Get Rich Quick" Schemes

It is amazing that today we still have people falling victims of business and other Internet scams. Just in March of 2011 a con artist man who ran a defunct get-rich scheme agreed to settle a court order by paying the Federal Trade Commission $900,000 and surrendering the proceeds from the sale of his house and most of his personal property. Mr. John Stefanchik was found guilty of