In February, the White House created the National Commission on Fiscal Responsibility and Reform to examine how the country spends money and collects taxes. The commission also was tasked with creating a proposal that would cut the federal budget deficit. MAKING SENSE OF THE STORY The deficit commission’s proposal was released to the public this …
More than half of the estimated 310,000 homeowner and condominium associations in the United States are struggling with financial issues stemming from the nation’s mortgage foreclosure crisis and related economic downturn, according to the Community Associations Institute (CAI). The organization released the results of its national survey this week and found that 45 percent of …
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Women typically earn less yet live longer than men, which suggests they need a different financial plan. Here are 13 strategies to ensure a comfortable retirement: Family finances: Cut off your kids Sure you want to help your children. But women too often lend a hand at the expense of their own long-term security: Half …