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Sep 14, 2011: Unemployment has been a rising concern since the US economy went into recession. At present, our president is trying to boost employment by providing tax cuts and tax credits to encourage businesses to hire.

In most reports concerning the US economy, the unemployment rate is frequently mentioned. But many are at a loss for understanding what this number really means. Let's take a

Aug 18, 2011: For those of you who are interested in advancing your knowledge through formal coursework, MIT is offering its courses online, FREE for everyone. The site has been given the name MIT Open Course Ware. It offers different courses in diverse subject areas.


As FIRE seekers we are interested in courses on Economics and certain topics of Finance offered by Sloan School of Management.

Every morning a small and simple ant arrived at work very early. Without wasting any time he started his work immediately. He produced a lot and was very happy about his contribution to his company :).


The Chief of the company, a lion, was surprised to see that the ant was working without supervision. He thought to himself: "If the ant can produce so much without supervision, wouldn't he

Jul 26, 2010: One of the best things a person can do to get on the path toward financial independence and early retirement is to start a business. There is simply no limit to what you can do as an entrepreneur. Whether you are an inventor of a product or the creator of a service, entrepreneurship is one path to enormous wealth. One of the most important steps to take in the early phases of

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jul 21, 2010: No matter what our professional domains are, we often face these two obstacles when we start out: inexperience and credibility. As rookies we have to work hard to overcome them. Whether it is setting up a new personal finance blog, or a web design firm or an advertising company or some other

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jul 07, 2010: With each passing day the cost of college education is rising. It is becoming increasingly difficult for middle class families to put their children through college without borrowing.

One of the golden rules for breezing through college funding is to start saving early. But now a days even

When the going gets tough, the tough get going - Billy OceanThis year we've been challenged in most areas of our lives. The going has been anything but easy. During these type of periods, there's a great temptation to give in to various type of fears that cross our minds.

You may ask, Why?

Because the road ahead is unknown. Usually when we traverse from the known to the unknown we feel scared.

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Nov 19, 2009: We spend more than one third of our lives at our work places. Perhaps its a good idea to make sure that we are being paid well for our sweat and toil. But how do we go about finding out how much our salaries should be?

Well in this age of technology, smart people should use good tools to

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Today we came across this story at Nasdaq which talks about how FTC (Federal Trade Commission) has revised its rules regarding endorsements of products by bloggers and celebrities.Under revised rules announced Monday (Oct 5, 2009), the FTC will require bloggers and celebrities to clearly state when they

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]When we began disciplined investing through a diversified portfolio, "experts" were of the opinion that the more years one had to recoup losses, the more aggressive one could be. In other words the younger we were the more risk we could take on. Unfortunately we learnt that the rules of money are not so

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]July 2, 2009: With the growing power of the Internet and e-commerce, it has become easier to own a small business. Consequently the number of small business owners are on the rise. This is really good news since it helps us to be our own boss, do something which we enjoy and also earn a livelihood. Sounds

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Creativity unleashes joy and vigor in life. A life without creativity soon becomes boring and dull. Whether it is our jobs or hobbies or own business, our creativity unleashes fathomless spectres of success. Prosperity and abundance emanate from creative and simple ideas that serve a social need. Sometimes

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Whether our country's economy is booming or in recession, it always pays to build a side business even if it's on a part time basis. The main investments needed are interest, sweat, intelligence and some money currency.With the advent of the Internet and e-Commerce, online entreprenuership has become an

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Business Cards play an important role in conveying what a business is about and most importantly connecting with people. The Internet along with e-commerce has changed the business world for the better. Slowly the world is becoming one connected market accessible with a click of the mouse.In this canvas,

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Microsoft, the software giant which has never laid off people till date, has announced that they are going to cut 5000 jobs over the next 18 months, including 1400 immediately. The job cuts will take place in research and development, marketing, sales, finance, legal, human resources and information

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]UPromise is Giving Away 500,000 for College Scholarships this year!This move is a part of their mission to make college more accessible. So they've gone ahead and increased their scholarship fund to $500,000, which is twice that of 2008. It implies that 200 of the best and brightest students will receive

The present dismal state of our economy and the recent merger with Merrill Lynch has coerced Bank of America (NYSE: BAC) into a decision of trimming down up to 35,000 jobs over a period of 3 years to stay in shape. America lost over half a million jobs in November alone and this announcement from BOA shows that things might get worse before we see any real improvements. More so since BOA is