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Dollars & Sense

  • The typical truck accident - "Whiplash-type" injuries
    By Dan Baldyga
    Posted Sep 9th 2003 4:51AM
    You're rushed to the emergency room:
    The typical Emergency Room is equipped to evaluate life-threatening conditions and provide emergency aid treatment only. The Emergency Room staff focuses on broken bones, hemorrhaging, internal injuries, and “Emergency Situations“. Beyond that, there’s not much else they can do.

    Unfortunately, a lot of the damage done does not show up in the Emergency Room x-rays. Very often it’s not until several hours (or even days!) later that the symptoms of a “Whiplash" type of injury becomes apparent.
  • Sixteen rules for paying your bills
    By Lucy Lazarony - Bankrate.com
    Posted Sep 5th 2003 5:35AM
    Threats to ruin your credit should not boost a debt's priority. In many cases, when a collector threatens to report your delinquency to a credit bureau, the creditor has already provided the credit bureau with the exact status of the account. And if the creditor has not done so, a collector hired by the creditor is very unlikely to do so.

    In fact, your mortgage lender, your car creditor and other big creditors are much more likely to report your delinquency than a debt collector who threatens you about your credit record.
  • Tax Tips and General Information
    By PBS Tax & Bookkeeping Service
    Posted Aug 19th 2003 5:14AM
    "Beware of tax preparers who promise big tax savings. The IRS is toughening up the enforcement of tax laws and it has more than doubled its investigation of tax return preparers who generate false returns. Choose your tax preparer carefully."

    The knowledgeable folks at PBS offer this tip and other general information to help the professional driver and business owner with his personal financial issues.
  • Quit My 401k?
    By Gary Foreman - The Dollar Stretcher
    Posted Jul 16th 2003 4:28AM
    "Before we begin, let's make sure that everyone understands that a 401k plan is an account that allows workers to contribute to their own retirement plan. The money that they contribute is deducted from their pay and is not taxed as ordinary income."
  • Health insurance - Can you afford to live without it?
    By Jeff Jensen, Editor and Lisa Brooks, Associate Editor
    Posted Jul 14th 2003 6:33AM
    Many Americans believe that essential health care should be - and in fact, is - provided to those who need it, regardless of a person's financial resources or health insurance status.

    But the reality is that uninsured people are significantly less likely than those with insurance to receive health care deemed necessary by physicians, including preventive services and care for chronic conditions.
  • Protect your A$$ets!
    By Lee Kurtzmann, Associate Editor
    Posted Jul 10th 2003 6:06AM
    The State of Delaware is a leading domicile for U.S. and international corporations. More than 500,000 business entities have made Delaware their legal home including 300,000 corporations and 200,000 limited liability companies and partnerships.

    These businesses have discovered the advantages of legal protection of assets through incorporation. This same protection is available to the small business owners in expediting.
  • Record Keeping
    By PBS Tax & Bookkeeping Service
    Posted Jul 7th 2003 5:41AM
    Managing cash and controlling costs are important elements to building a successful trucking operation. Today's trucker must use every tool at his or her disposal to ensure they are operating as profitably as possible.

    One of these tools is the ability to calculate both your revenue per mile and your cost per mile.
  • Getting the best deal on prepaid phone cards
    By Dana Dratch - Bankrate.com
    Posted Jul 2nd 2003 6:55AM
    Just like a pair of shoes, you want to look for the card that fits you best. Before you buy, look at your needs. If you'll be making frequent short calls, avoid cards with connection fees or calling minimums. But if you're making longer calls less frequently, it might be worth trading a reasonable connection charge for a lower per minute rate.
  • Dealing With Debt - Recovery
    By PBS Tax and Bookkeping Service
    Posted Jun 3rd 2003 8:04AM
    Bankruptcy has a negative effect on your credit rating and stays on your credit report for 7 to 10 years. It is difficult to obtain a credit card after bankruptcy, at least for the first several years.

    The good news is: You can eventually rebuild your credit even if you've had to file for bankruptcy. It's possible to get a major credit card or loan usually two years after filing bankruptcy.
  • Addicted!
    By Gary Foreman - The Dollar Stretcher
    Posted May 29th 2003 5:26AM
    Consumer debt in the U.S. reached a total of over $1 trillion in 1999. Credit card debt was over $500 billion. Over 1.2 million Americans filed for bankruptcy in 2000 according to the American Bankruptcy Institute. That's up from 330,000 in 1980.

    Here is one woman's story about the financial pit she and her husband have dug for themselves.