The US economy has shown a sluggish rate of growth his year. This can be attributed to many factors. One of them is the rise of imports by this country. The reduced spending by the US citizens can also be held accountable for such a slow growth rate of this economy. According to the commerce department of the country, this was the increase in the GDP for the period from January to March. The government had expected this rate of growth to be 3 percent. It had also released estimates of this rate of growth. In the last, quarter of last year the rate of growth of 5.6 percent.

Read more…

Many people think that the budgeting process has to be complicated in order for it to be effective but the truth is actually quite the contrary. Once you know what the basics are when it comes to starting a budget and managing your budget, there is nothing that has to be complex to the point where you feel overwhelmed by the entire process. If you don’t know what to expect when it comes to income and expenses, then developing your budget is absolutely essential. When you have the numbers and they fit together right, you will learn more about spending your money and saving your money to the point where your budget will be successful.

Read more…

Earthquake Update: 6.5 struck Southern Mexico

Jun 29, 2010

A powerful 6.5 preliminary magnitude earthquake has hit southern Mexico.

The powerful quake was felt by millions across the region, hitting around 2.22am local time.

The earthquake was centred near the city of Tlaxiaco in Oaxaca state, in southern Mexico, near the Pacific Ocean.

The quake was very shallow according to data provided by the US Geological Survey, at a depth of 10 kilometers.

The earthquake was powerful enough to sway sky scrapers several hundred kilometers away in Mexico City.

Thousands of people took to social networking site Twitter to say they had felt the quake.

Read more…

In case you missed it, Maclean’s Magazine ran our Online shopping clubs cleaning up post of a couple of weeks ago. Here is the link to the Maclean’s article.