Showing posts with label Readers-Questions. Show all posts
Showing posts with label Readers-Questions. Show all posts

Americans Living Without Bank Accounts?


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Nov 29, 2011: Last weekend we were wondering how many Americans live without bank accounts. Our first thought was not many. Curious to know the facts we started researching on the web. We were stunned to find that 17 million Americans have no bank accounts! And 18% of the rest of the population that do have bank accounts use non-traditional banking

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What is the Current Unemployment Rate?

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

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What is Current Inflation Rate?

Sep 01, 2011: Inflation is one of the perennial pests which eats away the purchasing power of your hard earned dollars. For those of you who are thinking about reaching FIRE need to keep a constant eye on inflation. So the next question is how do you find the current rate of inflation in USA?



Let's take a quick look at the data for inflation (via InflationData.com) for the past couple of

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Direct Deposit - What constitutes one?

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jun 14, 2010: We often publish bank bonuses that have direct deposit as a mandatory condition to earn the bonus. Recently we received a question from one of our readers regarding the nature of transactions that qualify as a "direct deposit."


What are the various types of direct deposits? Does an ACH

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Early Retirement Case Study - My Dollar Plan Retires At 29

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Today we present a spectacular case study of early retirement in response to one of our reader's specific question.You've shown excellent examples of retiring early via wealth through entrepreneurship, wealth gained by working for a fortunate dot.com company, wealth saved by not having kids and leading a

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Knock Out Your Financial Problems Like Rocky

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]We were deeply pondering over a poignant question raised by Grace (of Graceful Retirement) when we read her article last Sunday.Two recent news items have left me both depressed and thoughtful about the loss of financial security and the subsequent impact on one's mental health. The first was the death of 53

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