During this recession people are seeking for financial assistance. Should there be government intervention in times of recession? A lot of people during this financial crisis have had their debt load greatly affected, and not just the super wealthy. However, if there were to be free government intervention in the form of debt alleviation to the citizens, it would flow straight back to the top, which won't reinvest it, or create new industries, and will instead pocket it. It's been suggested that government debt aid should be as minimal and cost effective as possible - if the TARP program had been spent on the people, rather than banks, each working taxpayer would have gotten almost $10,000. The debate over government intervention for debt relief is too complex to settle easily.
Daily Dish Tip: Where NOT to Keep Your Will
Today's Money Tip: We all know that we need to keep our will in a safe place. One option that many people consider is a safe-deposit box. Bad move!
Most states require a bank to seal a safe-deposit box upon the death of it's owner until the contents are inspected and a proper death certificate is provided.
We suggest you keep an original copy in your lawyer's office, keep an unsigned copy in your files at home and give an unsigned copy to a close friend or family member.
Read More In: Estate Planning
Ken and Daria Dolan have hosted their own national radio program for 22 years, anchored their own television shows on CNN, authored six books on money matters, served as money contributors on CBS This Morning and have now launched a comprehensive web site and free e-letter at Dolans.com.
Advertisement
- Daily Dish Tip: One Call Stops Telemarketers
- Scam Alert: Popular Online Scam Tricks You Into a Costly Membership
- Medicare Open Enrollment: 5 Mistakes to Avoid When Choosing a Medicare Plan
- Millions Will Have to Repay This Year's Tax Credit
- 3 Debit Cards You Should Never Use
- Deficit Doubles for Pension Fund--Another Government Bailout Looming?
- Daily Dish Tip: Know How Your Bank Calculates Your CD Interest
Most Popular
- 10 Fabulous Freebies
- Get Your Share of Government Giveaways
- 11 Ways to Find Extra Money NOW!
- Save Money on Cable and Cell Bills
- 10 Insider Tips to Save Big at the Supermarket
- 11 Places to Find FREE Money!
- 12 Ways to Save Money on Life's Necessities
- 7 Steps to Boost Your Credit Score
- Energy Saving Tips For the Kitchen
- Biggest Investing Lies You're Being Told
Advertisement


RSS






