Archive for November, 2007



Make Your Money Work Hard for You

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A very wise person once said, “Work hard for your money, then let your money work hard for you”. It goes without saying, that one of the paths to financial well-being or financial independence is the ability to invest your money for a profitable return. But, what if we are risk adverse? What options do [...]

Do I Have to Pay Taxes on Money I Saved in A Debt Negotiation Program?

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If you have done your homework on debt negotiation, you have most likely found out that the IRS requires any cancelled debt of $600 or more to be reported on a 1099 Form as additional income. Many individuals believe that this will greatly influence their tax return and prevent them from saving money. While in [...]