Making Money Tips

By Phil Izzo

A roundup of economic news from around the Web.

–Mortgage Interest Deduction: Howard Gleckman points to research looking at the cost of reducing the mortgage interest tax deduction. “The deduction for interest on home mortgages may be the most beloved of all tax subsidies. A politician needs only to muse about repealing or restructuring the deduction to be set upon by suburban mobs (led, perhaps, by real estate agents and mortgage lenders). But a new analysis by my Tax Policy Center colleagues Ridathi Chakravarti and Dan Baneman finds that most taxpayers would barely notice the change in their tax bill even if Congress dramatically restructured the subsidy. And with some changes, many of us would end up paying lower taxes than we do today. In the unlikely event Congress simply repeals the mortgage deduction, the average tax bill would increase by $710. But those who earn between $30,000 and $40,000 would pay an average of about $70 more while those making more than $1 million would pay an additional $4,000. “

–Crowding Out: Menzie Chinn sees no evidence of the public sector crowding out private investment. “Relative to my September post, the ten year TIPS is slightly up, but the five year remains at zero (well, actually negative). This means that whatever upward pressure there is on government interest rates due to the large supply of government debt, it is being offset by low demand from the private sector (or by demand from offshore sources). Of course, the crowding out of investment phenomenon relies upon a variety of assumptions. It follows from a two asset model (money, bonds), with the right parameter values. With three assets, one can get “crowding in”. And even if interest rates had risen, if investment depends upon income (or the change in income), one could still get a net increase in investment from a positive fiscal impulse. Another implication of having interest rates at zero (at least the five year real) is that if fiscal policy is made more contractionary (as in some recent plans), then the contractionary impact should be large (this is just the mirror image of fiscal policy effectiveness in a liquidity trap).”

–Global Imbalances: Kenneth Rogoff looks at global imbalances. “With policymakers and pundits railing against sustained oversized trade imbalances, we need to recognize that the real problems are rooted in excessive concentrations of debt. If G-20 governments stood back and asked themselves how to channel a much larger share of the imbalances into equity-like instruments, the global financial system that emerged just might be a lot more robust than the crisis-prone system that we have now. Unfortunately, we are very far from the idealized world in which financial markets efficiently share risk.”

Compiled by Phil Izzo

Welcome to Wise Bread's Best Money Tips Roundup! Today we found some awesome articles on 43 ways to save money, foods you don't need to buy organic, and how to keep your head after losing your job.

Top 5 Articles

43 Ways To Save Money — Want to save money? Throw away catalogs without looking at them. [The Consumerist]

The Clean 15: Foods You Don't Need to Buy Organic — Don't shell out extra money to buy organic grapefruits or mangos. [WalletPop]

Surviving Unemployment: How to Keep Your Head After Losing Your Job — If you have recently lost your job, keep your head on straight by coming to terms with the fact that your new job is to find a job. [The Huffington Post]

7 Creative Ways To Save Money On Your Vacation — Save money during your next vacation by avoiding souvenirs and shopping. [Smart On Money]

6 Tips For Scoring A Cheap Wedding Dress — Wedding season is almost upon us. If you are a bride shopping for a dress, save money by shopping online. [LearnVest]

Other Essential Reading

4 Different Types of Taxes and How to Minimize Them — Try to lower your property taxes by appealing your homes property tax assessment. [MoneyCrashers]

Place Your Bets Again: 83 Gut-Busting Restaurant Challenges for Free Food — Could you and 3 friends eat a 50 pound burger in 3 hours? Check out all 83 of these crazy restaurant challenges for free food. [Coupon Sherpa]

How To Hold a Family Meeting — Before you have a family meeting, take some time to determine your goals for the meetings. [Parenting Squad]

Combat Rising Food Prices — Beat rising food prices by buying on a schedule. [Being Frugal]

Are You Making These 7 Resume Mistakes? — Don't make the mistake of listing your references on your resume. [Cash Money Life]

Surface Encounters proudly guarantees client satisfaction and total price putting in granite assurance. “I’m always skeptical heading with new organisations, but your workers has built me a believer!” - Steve, Indianapolis

Surface Encounters is really a fast-growing surface encounters company and, nevertheless they have kept pace with all of the recent purchaser referrals. “This firm is amongst the most reasonable, dependable and friendly organisations with the overall state. I might endorse them to any one.” - Mike R., South Bend

A considerable amount of give good results goes into building spectacular countertops from nature. The process contains laser measurement creative vein matching, precision diamond and water-jet cutting, edging and experienced installation. An individual can not merely simply call in their purchase to get a customized countertop and also have it within just each day or two. Top notch normally requires time.

Surface Encounters encourages most people to go to a showroom to learn about further about all-natural stone countertops. Moreover the selection and fabrication method, some other important aspect of client care is ensuring a person understands how to treatment for his or her granite countertop to keep it seeking new for many years to come.

Granite is really a attractive organic stone solution which is a widely used content employed for countertops and floor tiles in kitchens and bathrooms. Granite has surpassed marble in popularity considering that is it all the more sturdy and less complicated to care for. Granite is unmatched by synthetic services for its strength and sturdiness, tolerance to temperature modifications and resistance to stains and scratches.

Granite is known as a naturally formed stone that is certainly quarried from deep from the earth, harvested, cut, polished, sealed and put in in real estate to add magnificence, elegance and style. As a result of it is just a organic products, no two slabs are precisely alike. Granite is offered in a large number of colors in the many minerals that are located inside rock. Considering it arrives from all over the entire world, completely different regions and environmental reasons allow it to be one of a kind.

Granite is predominantly manufactured up of quartz crystal, nonetheless it also comprises various amounts of other metals including feldspar, mica, copper and iron. Some granite can incorporate bits of gold or silver. The quantity of each metal is dependent around the region it comes from. All granite is formed into a very hard stone by heat and pressure. Rain adds other minerals as it is forming. It will be offered throughout the planet, in each and every region, and every single region will deliver a surface encounters exceptional selection of granite.

Surface Encounters state-of-the-art machinery makes certain the highest outstanding finished product as they style and design and construct some of the greatest kitchens and bathrooms. Granite Countertops improve the warmth and magnificence of properties though increasing their worth and improving lifestyles.

Surface Encounters can also be involved with employee morale; pleased personnel are far more probable to lead towards the achieving success of a internet business. On top of that to being a successful service and a single which is fantastic to function for, Surface Encounters does their portion to preserve our planet.

Surface Encounters does what on earth is right for his or her consumers, personnel and the environment. Surface Encounters employs innovative drinking water recycling capabilities to recycle as much as 43,000 gallons of h2o on a daily basis. In addition, 100 % with the scrap generated in producing classy kitchens and attractive baths is re-used as aggregate in road putting together, surface preparations and concrete.

The Columbus, Ohio Grand Opening of Surface Encounters features an artwork gallery showroom of Granite, Marble, Quartz and Engineered Stone counter tops. Store Manager, Scott Donnelly unlocked the doors with the showroom at 4717 Roberts Road, just west for the I-270 Beltway. The Surface Encounters manufacturing plan employs precision, automated technologies during the fabrication of your customer's personalized counter leading, such as: a laser measuring alignment that plans the diamond-tipped sculpturing blades. Surface Encounters' plan incorporates computer-driven program that perpetuates the stone's healthy veins. Any Surface Encounter keep has at the least 1 registered, interior designer to help you in developing the completed undertaking you are shopping for. The craftsmanship continues with the

Property owners are choosing to remodel instead than promote their homes in today’s industry
Granite countertops are becoming a prime selection amongst Wixom individuals for kitchen remodeling jobs. Kitchen remodeling is usually the initial undertaking tackled with households shelling out three,000 hrs or even more annually in their kitchen. Granite countertops supply an environment that enhances the superior time invested with family and colleagues. Granite countertops previous a lifetime and better the top quality of residences.

Surface Encounters Wixom store manager, Sal Dellacasa, says there are various motives consumers are finding granite for his or her countertop must have. “Granite countertops add elegance and elegance to a kitchen. Granite is obtainable in a very selection of vibrant colors and wealthy textures and its strength and sturdiness is unmatched by any other pure stone or artificial countertop substance.”

Surface Encounters’ shoppers like certified services along with a friendly, handy workers to guideline them with the kitchen remodeling method. Quite a few of Surface Encounters new clientele are referred to them by previous consumers.
"This service has become the most very affordable, trusted, and pleasant suppliers inside the overall state. I would endorse them to any person." Mike R. Clinton Twp., MI

"The agency has consistently been there to help me in no matter what way probable. Thank you a lot!" David V. Lapeer, MI


Surface Encounters Macomb could be the family home of half-off granite for kitchen and bathroom countertops. Granite countertops by Surface Encounters have immediately end up being the top rated preference for Macomb residents who are remodeling their kitchens. Kitchen remodeling will take priority with households spending three,000 hrs or even more annually within their kitchen. Granite countertops produce an environment that enhances the high quality time invested with family and close friends and boost the top quality of houses.

Surface Encounters Macomb retail store supervisor, Sal Dellacasa, says there are several motives people are deciding upon granite for his or her countertop requirements. “Granite countertops add beauty and elegance to a kitchen. Granite is accessible within a variety of vibrant colors and loaded textures and its strength and durability is unmatched by every other surface encounters purely natural stone or artificial countertop materials.”

Surface Encounters’ users benefit from pro services in addition to a pleasant, helpful staff to guidebook them through the kitchen remodeling process. Lots of of Surface Encounters new prospects are referred to them by earlier people.