Monthly Archives: June 2009

How to Tell If Money is Fake

Is CounterFeit Money a Big Problem?

Well, whenever money is tight, as in today’s struggling economy, there will be a lot more temptation to pass fake money. Also, some organizations that may be against the government may wish to to launder fake money for real money. But, all told, the amount of conterfeit money in the US money supply is fairly low. It is also much harder to duplicate money than it was a few years ago. Still, the problem is out there, and it is good to have some tips to detect fake money!

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Americans Wallets are Shrinking

Americans Net Worth Dropped 1.33 Trillion in 1Q

If you have felt like your wallet was shrinking over the last several months, at least you can have some comfort because you are not alone. In fact, the US Federal Reserve reported that US assets strunk over a trillion dollars in the first quarter of this year. The net worth loss was largely caused by shrinking home values and portfolios, though, so if things ever climb back up, we may regain some of this without doing much except holding on.

Spending is Conservative Too

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How the New Obama Credit Card Bill Will Affect Us

 Will Obama’s New Credit Reform Bill Change Much?

Well most of us are pretty sick of paying our bills only to have our credit limits dropped while our interest rates are raised. It seems that once we sign up with a credit card company, they pretty much have the right to treat us as badly as they want to treat us. And we may have changed companies in order to let the market speak, but it seems like those great offers evaporate in a few months, and we are no better off.

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