… If you have more questions, make sure you leave them in the comments below and I'll try to answer them.

Comment by Mary Lee: … to be mailed early last month. Mine came a month …

Just when you thought the stimulus payment mess couldn't get any worse, the IRS rises to the challenge and and really screws up. The IRS has apparently sent at least 15,000 checks to the wrong people.
I've been overwhelmed by the number of questions regarding the economic stimulus package and the payments from the IRS. Readers have posted thousands of comments (3,300 at last count) …

Comment by Gerri: … was hope for early this week.

… And why shouldn't they be? The United States has an abundance of land. Imagine living in the early 1900's. The cities are dirty, smelly, crowded and polluted. Now imagine you had the chance to move out of this environment to a nice clean suburb where there was plenty of clean air and living space. Which would you choose?
Americans are very affluent compared to the average world citizen. We get what we want because we have the money to pay for it. Many people want green lawns and …

… The "First" Economic Stimulus Package
The Economic Stimulus Package was passed by Congress in early 2008. Among other things, it mandates direct cash payments to US citizens who've met a certain level of income and have paid taxes for the 2007 tax year.
In May of 2008 the IRS begin depositing these payments into the banks accounts of eligible tax payers via direct deposit. Some people will get there payment via check. You can estimate when you will receive your payment using …

Comment by Trish: … & President Bush have both agreed that there should …

… you would still be able to claim the credit on your tax return for 2008, which you would file in early 2009.
Which type of federal income tax return did you file for Tax Year 2007?
Form 1040
Form 1040A
Form 1040EZ

The type of return ( 1040, 1040A, 1040EZ ) is printed in bold at the top of your tax forms. You can't miss it.
In my case I used H&R Blocks Tax Cut web site. I have a PDF document with all the information listed. I had to file form 1040.
You …

… paid, what is their benefit for managing your money?
Mike and Mary Bahr are a couple in their early fifties facing some challenges. They seek the help of a fee based planner. A fee based planner only gets paid an hourly or fixed rate. He doesn’t sell any financial products. This helps cut down on conflicts of interest.
Mike Bahr had union pension benefits. But they changed the rules b/c all the union members were retiring, except him. Defined benefit pension (traditional …

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March 9, 2008 | Leave a Comment

… Money Make More Money Category: News Americans Are Mad About Sale of Budweiser Bush Announces Faster Payment Schedule for Stimulus Payments Fed Chief Pushes for Another Stimulus Package Government Employees Go on Credit Card Spending Spree Harvard Says Money Can Buy Happiness How Wealthy People Spend Their Time Letting the Storm Pass The Smartest Advice I Ever Got Today is Last Day to Change Stimulus Payment Direct Deposit Top 10 Riskiest Real Estate …

Maxed Out: The Movie

January 25, 2008 | 1 Comment

… When problems occur during the Clinton years, senate testimony from eight years later during the Bush administration is shown.
Let’s discuss the individuals and their stories.
The Los Vegas Real Estate Agent
The film starts with a real estate agent discussing real estate developments in Las Vegas. She reveals that her house is one hundred percent financed and that she couldn’t afford this home without the bank valuing the house at its estimated completion value. This is something …

Stages of Life

January 11, 2008 | 1 Comment

… has to know how to plant a seed and harvest the results.
Most people finish college in their early twenties but doctors and others with advanced degrees take several more years. All during this time their potential to earn money is limited and they are dependant on others or their future income (in the form of loans) for support. So we may pass to early adulthood anywhere from our early to late twenties.
Action
At this stage there are certain things a student has to do to prepare …

… in the late 90's. Banks can now engage in investment activities and the late 90's and early 00's saw a large increase in bank and investment firm mergers.
Credit Unions
Credit Unions originally emerged in Europe, spread to Canada and then the US. Credit Unions arose out of the need for people who wouldn't normally get loans from a bank to borrow money.
Credit Unions are bank-like entities that are owned by its members. Credit Unions can either be non-profit or for-profit …

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