Monday, July 14, 2008

Bank Failures: Is your money safe?

A recent article in the New York Times talks about the potential failure of more banks. This forces you to think...........is your money safe?
The Times article stated that banks are in better shape now than during the S&L crisis of the 1980s - 1990s. Does this give you the "warm and fuzzies"?

Should you move your money from banks into stocks and bonds? In a recent episode of "Mad Money", Jim Cramer says that you should forget about bonds and go into stocks. Jim feels that you have a better chance of making money in stocks during these tough times. When considering the "buy low, sell high" mentality, Jim just might have the right idea.

Sunday, July 06, 2008

Pressure at the Pump

Check out these simple ways to ramp up your mileage and alleviate some pressure at the pump.

Drive efficiently: Driving faster than 60 MPH costs you an additional 10 cents per gallon, so slow down and combine multiple errands into one trip. Also, travel only with the necessities—an extra 100 pounds in your vehicle could lower your gas mileage by 2 percent.

Keep your car in shape: Maintain properly inflated tires to stretch every gallon of gas further by one mile. Get regular oil changes, replace dirty air and fuel filters, and top off and change coolant and transmission fluids regularly.

Buy a greener car. With the recent signing of the economic stimulus package, now is the perfect time to invest in a fuel-efficient vehicle for your business. For more tips on reducing your gas consumption, visit www.fueleconomy.gov.