For a lot of people, the last year or so has caused them to rethink the idea of personal saving. According to the U.S. Bureau of Economic Analysis, the personal savings rate for 2005 was -0.4%. That was the first time the savings rate in the U.S. had been below 0% since 1933. When the [...]
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Arthur over at FinancialBondage.org has a very valid point. When you get your “tax refund” in reality, the government is simply returning to you the amount you overpaid throughout the year. It isn’t a refund or a gift. The government has been using your money as an interest free loan, and they are now returning [...]
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