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While these are uncertain economic times, financial experts agree that owning a home is still a key cornerstone in accumulating assets that are likely to appreciate over time. Real estate moves in cycles with its ups and downs.
In the midst of this “Great Recession,†a good number of Americans have resorted to ignoring money matters, clinging to hopes that they can begin saving, investing, and moving toward prosperity once the economic downturn ends. Not true of Janice and Mark Blake. While the state of the economy has made them more cautious in their approach to household money management, the Blakes—Mark, 39, a New York City health department supervisor, and Janice, 36, a health administrator—have a frugal philosophy that they employ in fruitful economic years as well as in uncertain times. “We believe our parents gave us a step up, and our goal is to give our kids a step up,†says Janice. It’s a promise to their children, Christopher, 4, and Mikayla, 2.
Times are tough, and your employees are feeling the pinch brought on by the faltering economy. Not only are they dealing with it in their own private lives, but they’re probably also concerned about their jobs, and what the future will bring in terms of possible layoffs, lower pay and the need to get out and look for work. Combined, these factors can result in stagnancy – something no small to mid-sized business can afford right now.
Columnist Aisha Taylor details nontraditional ways to find a job
As Wesley Snipes reports to prison today to serve a three-year sentence for tax evasion, here's what you can learn from his recent tax woes.
