Because of government and consumer pressure, banks have simplied information on their checking accounts. The following article in the Los Angeles Times by E. Scott Reckard:http://www.latimes.com/business/la-fi-checking-accounts-20120830,0,1603985.storyPlain language is always better than the microscopic legaleeze on the car ads. Remember, for financial, accounting and tax musings, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
The New Credit Card Rewards Programs!
Apparently the guy who uses his credit card more and pays it off every month is now becoming more valuable than they used to be. The processing fees for the transactions are now worth more to them because of all the credit card legislation that limits interest and over-limit fees. See this article in The Wall Street Journal by Ruth Simon:http://online.wsj.com/article/SB10000872396390444900304577577622711806042.htmlRewards are always important if you pay your balance in full every month, so get those rewards (but be sure to read the fine print in these new rewards programs). Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
Are Advisers Sexist About Social Security?
Remembering that women live longer than men statistically can really impact when to start claiming social security benefits. See this article by Ian Salisbury in SmartMoney:http://blogs.smartmoney.com/encore/2012/08/23/are-advisers-sexist-about-social-security/It can make the difference between the wife having a secure retirement and having to live off the kids and grandkids! Remember, for financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035