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Financial Planning for the Next Decade
• Have a Cash Reserve: Having cash in the bank is a type of insurance against the unexpected. At some point everyone will face an unexpected large bill, possibly a car-repair bill or a hole in the roof. If you have cash on hand, you can pay the bill without going into debt. Should you lose your job, it is doubly important to have resources available until you can secure new employment. A good goal is to have three months of expenses available in cash; six months would be even better. It is helpful to put your cash reserve in a place that makes it difficult to spend, such as a separate bank.
• Pay Off Debt: Debt can be useful and sometimes unavoidable whether you are paying for college, a medical bill, or a new refrigerator. The average American household with credit-card debt owes $14,743 and pays nearly $2,000 in interest expense per year, according to creditcards.com.
Tax Free Retirement Book News
RRSP or tax free savings account?BCLocalNews - Oct 05, 2011
In my consulting practice I'm often asked by those not-yet-retired, which savings vehicle is better, a tax free savings account (TFSA) or an Registered Retirement Savings Plan (RRSP).Aspen Times - Oct 11, 2011
The library is a state-of-the-art facility, functioning more like a community center with a music room and a technology center than a simple structure that lends out books for free. But a 38 percent decrease in the district's property tax revenues forRealClearPolitics - Oct 10, 2011
Herman Cain is big-league now, soaking up the limelight on "The View" and the "Tonight Show" promoting his book "This is Herman Cain." Still, in the top tier of a universe of 2012 politics getting to the top and staying there are wholly differentSouthtownStar - Oct 10, 2011
Needed items include new sweatpants and large and extra-large sweatshirts, plain cotton socks without elastic, books on tape, spice drops, sugar free and regular cookies, sugar free and regular candy, wheelchair cup holders, powdered drink mixes,Washington Post - Oct 11, 2011
into retirement by bashing him for money he made from the publication of a book. Democrats returned the favor by forcing then-Speaker Gingrich (R-Ga.) from office in 1998. Over the past decade, Democrats made then-Majority Leader Tom DeLay (R-Tex.


