n late May, President Barack Obama signed into law a bill that restricts how credit card companies can charge fees and change their interest rates. Senator Christopher J. Dodd (a Democrat from Connecticut) wrote the original legislation which ensures that credit companies will have to simplify terms and conditions of their contracts, hopefully transforming the industry in the coming months and years.
Continue reading about Credit Card Legislation Changes – How They Impact You
Obviously, many of the people that are millionaires made the bulk of their fortunes by being entrepreneurs. But working for other people doesn’t mean that you have to buy lottery tickets to strike it rich. The trick is to maximize your income, make the most of your employee benefits and tax breaks, and use that extra money to start investing in income-producing assets.
No doubt you have seen the infomercials advertising some guru’s latest ‘get rich quick with real estate’ schemes, announcing that properties are being sold at pennies on the dollar. Tax deeds allow investors access to discounted real estate, but it is not quite as easy or risk-free as those ads would have you believe.
Continue reading about Discount Real Estate and Tax Deeds: An Introduction
