#Whyismypaychecklessthisweek

An excellent question that a lot of us are asking, or will be asking when we get that first paycheck for 2013. We were told that Congress averted the Fiscal Cliff and raised taxes only on the wealthy: but we are middleclass and we’re still bringing home less this year than last year. Why is that? Well, long story short, the 2% payroll tax deduction that we have enjoyed for two years was not extended as part of the last minute deal brokered by Congress. If you make $40,000 a year you can expect to bring home $800 less this …
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Debt, the Great Obstacle

Where do I begin with this topic? They say an obstacle is something that you see when you take your eyes off of your goals. But debt, especially for the middle class, is an obstacle that we need to focus our eyes on. Revolving debt outstanding, which is mostly credit card debt, in America was approximately $850 billion at the end of March 2012. Roughly 47% of Americans are in debt and since America has around 118 million households that mean the average indebted household owes a little more than $15,000 in credit card debt. This is just credit card …
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