Many credit card companies are now dropping high-profit credit-protection plans. This article in USAToday by Susan Tompor talks about the reasons:http://www.usatoday.com/money/perfi/credit/story/2012-09-05/credit-card-protection/57614236/1These plans won’t go away entirely, so be on your guard since they benefit the credit card companies more than the consumer. Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Financial Musings: Is It Stupid to Save? 5 Alternatives
Even though you can only get a huge .8% (that is .0008!) interest rate on a regular savings account today, should you just chuck it and put your money in a mattress? There may be some alternatives for your shorter term cash. See this article in Smart Money by Jen Wieczner for those other ideas:http://www.smartmoney.com/plan/banking/is-it-stupid-to-save-5-alternatives-1348525179055/?mg=com-smOr I guess you could always find that mattress after all (just kidding!) Remember, for financial, accounting and tax musings, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
CPA Financial Musings: Avoid These Common Pre-Retirement Blunders
People getting ready to retire need to plan the actual retirement process as well as how to retire comfortably. This article in The Wall Street Journal by Veronica Dagher looks at the issue and brings up some retirement points:http://online.wsj.com/article/SB10000872396390444320704577562930500659236.htmlBetter to plan early than late for your retirement! Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com