Planning for the Future
The Future. What will it look like? In the 60’s, people envisioned a world like the Jetsons. Everyone zipping about in flying bubble cars that could fold up into a suitcase and structurally unsound apartment buildings that stretched far into the sky. In the late 80’s, we learned in Back to the Future II that in the future, we will still have flying cars, but they are a little more conventional. Every kid has a hover board, weathermen make accurate forecasts down to the second, and we have TVs that respond to voice commands while displaying 10 channels all at once. Conan O’Brien had his own view of the future as expressed through his recurring segment on Late Night called In the Year 2000. I was looking over the Wall Street Journal this morning and came across a good article on saving.for the future.

Posted: 9/25/2009 4:41:02 PM by cpacg | with 0 comments
IRS adds a few new tricks to “help” people save money
Huh? Can that be right? The IRS wants to help me save money!? Well, sort of. The IRS seems to have a theory about taxpayers saving money: “If they don’t ever see it, then they can’t really spend it.” (Legal disclaimer: the IRS didn’t actually say these words). Tuesday, the IRS released several pieces of guidance to encourage taxpayers to save for retirement. 

Posted: 9/16/2009 2:45:59 PM by cpacg | with 0 comments
Banks like when you overspend?
I saw this article in the NY Times for Sept. 8. Read the full article here. In summary, it describes a push from banks to let customers overspend when using debit cards, and then charge overdraft fees for each transaction over the balance.

Posted: 9/9/2009 2:41:12 PM by cpacg | with 0 comments