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Is Now The Time To Rent Or Buy?
For those looking to enter the market, current economic conditions may make buying a home a long term, cost-effective alternative to renting. The large number of homes for sale, coupled with incentives such as the new First Time Home Buyers tax credit, could give buyers the opportunity to save thousands of dollars. Taking a conservative approach to borrowing and the new first time home buyers' tax credit may put current buyers in an even better position. A credit of up to $8,000 is available on homes purchased between January 1 and December 1, 2009 for qualified buyers who earn less than $75,000 filing alone or less than $150,000 filing jointly. Click here for the lowdown. |
Prepaid Phones Are Gaining Popularity
The weakened economy is causing many Americans to take a hard look at their
budgets, and a recently released survey by the New Millennium Research Council
suggests that their monthly cellphone bill is one of the primary expenses people
are trying to reduce. Over 60 million consumers are likely to eliminate some of
their cell phones services and features if the economy continues to worsen,
according to the survey of about 2,000 respondents. In the last six
months, about 15 percent of those polled have decided to eliminate extras such
as internet connectivity and text messaging. An additional 40 percent of
respondents who currently have these features replied that it is somewhat or
very likely that they would get rid of these extras if the economy continued to
decline. Click here for more information. |