http://www.creditorweb.com/articles/categories/student-credit-cards.html
SUMMARY:
This article shows us it is so important to be well educated about student credit cards before applying for credit or making any other major financial decisions. Nowadays, there are becoming more schools which have begun cashless purchasing processes in the cafeteria. Therefore there is a variety of methods used to keep track of the purchases, from student ID cards that operate like a debit card to fingerprint systems. As we know that lots of credit cards designed for those college students. But a HIGH SCHOOL STUDENT can also apply of their own credit card!! There is the programs of 529 plan. This plan is a savings plan for saving towards future college costs and offers a variety of tax-advantages over other forms of savings. Families with children are opting to use credit cards with rewards that are tied into 529 plans.
REFLECTION:
My favourite chapter of the year is about the different using of credit cards. This article is about that people in different level of this society can apply for credit cards in many of the types. When you apply for and are issued credit, your signature on the credit application acts as your acceptance of the terms set forth by the issuing financial institution.
CONNECTION:
After I read this article, I know when the students who begin college or high school, they are bombarded with any number of offers and good deals. As a result, I think most of the students are interested in the student credit card. This idea can help student learn more about how to make the plans of their money. Other than this, students can try to enter their freshmen year of college are typically starting a new chapter in their lives, filled with hundreds of first-time experiences and opportunities. I have no way to find out the disadventage of applying a own student credit card for them.
2009-03-31
2009-03-10
Chapter 16's Blog
http://www.tax-tiger.com/Offer_In_Compromise.html
SUMMARY：
This article is about the new study which based on unpublished Internal Revenue Service data. That clearly shows the rich people who are different from others by paying taxes. They hide more of their income. The ones who has the income between $500,000 to $1,000,000 a year understated their adjusted gross incomes by around twenty to twenty-five percent. Compared to an 8% underreporting rate for those earning $50,000 to $100,000 and even lower rates for those earning less. During the past several years, the IRS has collected billions in back taxes from wealthy taxpayers but they didn't get a handle on the nature or extent of these shelters until years later and relied on tax shelter promoters' customer lists and special self-disclosure programs, not audits, to find most of the taxpayers involved. Nowadays, the government is suing UBS for the names of 18,000 wealthy Americans it believes may have had unreported Swiss bank accounts.
CONNECTION:
The reason why I choose this article is because Chapter Sixteen is talking about taxable earnings. In the article shows us that the rich ones who are paying the less tax to government but can get more income tax return.
REFLECTION:
I am quite impressed to find out that the rich people who have been paid $500,000 to $1,000,000 a year need to understated their adjusted gross incomes so high. I think that the income tax that everybody pay to government help this society a lot. But it is not understandable for me that the people have to take away their possessions from others. However, this won't be fair for everybody. In conclusion I think that will be keep our community get better if everyone has given a part of their money but people are losing their money by paying the higher tax.
SUMMARY：
This article is about the new study which based on unpublished Internal Revenue Service data. That clearly shows the rich people who are different from others by paying taxes. They hide more of their income. The ones who has the income between $500,000 to $1,000,000 a year understated their adjusted gross incomes by around twenty to twenty-five percent. Compared to an 8% underreporting rate for those earning $50,000 to $100,000 and even lower rates for those earning less. During the past several years, the IRS has collected billions in back taxes from wealthy taxpayers but they didn't get a handle on the nature or extent of these shelters until years later and relied on tax shelter promoters' customer lists and special self-disclosure programs, not audits, to find most of the taxpayers involved. Nowadays, the government is suing UBS for the names of 18,000 wealthy Americans it believes may have had unreported Swiss bank accounts.
CONNECTION:
The reason why I choose this article is because Chapter Sixteen is talking about taxable earnings. In the article shows us that the rich ones who are paying the less tax to government but can get more income tax return.
REFLECTION:
I am quite impressed to find out that the rich people who have been paid $500,000 to $1,000,000 a year need to understated their adjusted gross incomes so high. I think that the income tax that everybody pay to government help this society a lot. But it is not understandable for me that the people have to take away their possessions from others. However, this won't be fair for everybody. In conclusion I think that will be keep our community get better if everyone has given a part of their money but people are losing their money by paying the higher tax.
2009-02-09
Chapter 15
Article from:http://www.ventureline.com/FinAnal_comvsnd.asp
SUMMARY:
The article "Financial Ratio Analysis" shows us how to properly judge a company or investment well from seeing its ratio. It is imperative that the company or investment be compared to the performance of the industry in which it competes. The industry ratio analysis performed herein provides the latest of data. Financial ratio is a relationship that indicates something about an industry's activities, such as the ratio between the industry's current assets and current liabilities or between its accounts receivable and its annual sales. The basic source for these ratios are the company financial statements within the industry that contain figures on assets, liabilities, profits, and losses. Ratio analysis can reveal much about an industry. However, there are several points to keep in mind about ratios.
CONNECTION:
The article "Financial Ratio Analysis" is clearly relating to Chapter 15, "Analyzing Financial Statements", because there are lots of examples and rules of how to make the ratio of a company perfectly. During the Chapter 15, we have learned how to compare financial data and work out different ratios and percentages. That help us save time, save money, and invest wisely. The ideas that this article tells about how can we use the ratio of the companies to figure out more details.
REFLECTION:
After i read this article, I realize that it is necessary to keep track of sales, inventory, and other data for a company. Also I have known that there are more than one types of analysis such as trend analysis which used to compared over time, typically years and ratio analysis which compares a company's financial ratios to industry ratio averages. Therefore I really like the article, because it helps me a lot.
2008-11-21
Chapter 14 Blogger *_*
Article from: http://www.creditorweb.com/articles/balance-transfer-checks-opportunities-to-save.html
SUMMARY:
There are lots people who haven't realized that they can actually get a balance transfer check from one of these low or no interest offers, and deposit the check into their own, personal checking accounts. Once you've deposited the money, you can use it to pay off a variety of debts that you owe that are costing you more than 3.99% interest (or whatever the interest rate is on the balance transfer check offer you've received); and save quite a bit of money! As long as you make your monthly payments on time, you'll be able to keep your 0% or low interest offer on the balance transfer. Making even one payment late can be grounds for a rate increase, as well as late fees, and the financial gains of using the offer will be wiped out!
CONNECTION:
Chapter 14 is talking how that Credit card can help people a lot in our daily. Today I want to talk about how to protect our benefits. We need to find the ways to costless the interest. This article is suggesting people pay their monthly payments on time, therefore you may have a 0% or low interest offer on the balance transfer. As long as you doing this, you may save lots of money for your own!
REFLECTION:
After I read article, I have more ideas for how to pay the interest for the credit card. If I use a balance transfer check with 3.99% interest and a fee of 3% of my total amount to pay off a credit card or loan with 11% interest- as long as the dollar amount I borow from the balance transfer check is high enough, I am going to be saving enough money to make that a worthwhile fee to pay.
SUMMARY:
There are lots people who haven't realized that they can actually get a balance transfer check from one of these low or no interest offers, and deposit the check into their own, personal checking accounts. Once you've deposited the money, you can use it to pay off a variety of debts that you owe that are costing you more than 3.99% interest (or whatever the interest rate is on the balance transfer check offer you've received); and save quite a bit of money! As long as you make your monthly payments on time, you'll be able to keep your 0% or low interest offer on the balance transfer. Making even one payment late can be grounds for a rate increase, as well as late fees, and the financial gains of using the offer will be wiped out!
CONNECTION:
Chapter 14 is talking how that Credit card can help people a lot in our daily. Today I want to talk about how to protect our benefits. We need to find the ways to costless the interest. This article is suggesting people pay their monthly payments on time, therefore you may have a 0% or low interest offer on the balance transfer. As long as you doing this, you may save lots of money for your own!
REFLECTION:
After I read article, I have more ideas for how to pay the interest for the credit card. If I use a balance transfer check with 3.99% interest and a fee of 3% of my total amount to pay off a credit card or loan with 11% interest- as long as the dollar amount I borow from the balance transfer check is high enough, I am going to be saving enough money to make that a worthwhile fee to pay.
2008-10-22
Chapter12's Blogger ^00^
SUMMARY:
The article that I read is about the disputes between the customer and any of the company. The internet is slowly becoming an important part in our society today. As of today we can check information with a touch of a bottom with the help of the internet, crossing over vast ocean space to chat live with someone from different places, but today i would like to talk about how people use internet to distribute goods all over the world. this practice is often called E-commerce. If we were going to return the merchandise because it did not meet the requirements of the purchase agreement, of course not all businesses practice fairly over the internet and act according to the proper customer law.
CONNECTION:
We have learned two things in chapter twelve, one is that if we pay our credit within 30 days the bank will provide a discount, the second thing is that a company must refund a customer if the item sold to he or she is not up to the quality. There are many other laws divised to protect the consumer, it would be wise for the consumers to be aware of these laws and use them to protect themselve.
REFLECTION:
I had bought things from internet as well. The one I got may not be as indentical as the one I saw from the picture on the website. Therefore I tried to refund and they accept my reason. But not all of the E-commerce are responsible like that. To be catious. People should be caution that they may be deceived. Also don't easy to trust people who you don't really know, especially who you had never met. Even though they gave you a good image online or somewhere, they may not nice. Remember without interflow face to face the one might have some bad though. Have you learn anything after reading my reflection of Chapter 12?
The article that I read is about the disputes between the customer and any of the company. The internet is slowly becoming an important part in our society today. As of today we can check information with a touch of a bottom with the help of the internet, crossing over vast ocean space to chat live with someone from different places, but today i would like to talk about how people use internet to distribute goods all over the world. this practice is often called E-commerce. If we were going to return the merchandise because it did not meet the requirements of the purchase agreement, of course not all businesses practice fairly over the internet and act according to the proper customer law.
CONNECTION:
We have learned two things in chapter twelve, one is that if we pay our credit within 30 days the bank will provide a discount, the second thing is that a company must refund a customer if the item sold to he or she is not up to the quality. There are many other laws divised to protect the consumer, it would be wise for the consumers to be aware of these laws and use them to protect themselve.
REFLECTION:
I had bought things from internet as well. The one I got may not be as indentical as the one I saw from the picture on the website. Therefore I tried to refund and they accept my reason. But not all of the E-commerce are responsible like that. To be catious. People should be caution that they may be deceived. Also don't easy to trust people who you don't really know, especially who you had never met. Even though they gave you a good image online or somewhere, they may not nice. Remember without interflow face to face the one might have some bad though. Have you learn anything after reading my reflection of Chapter 12?
2008-10-08
Chapter 11's Bolg
Article from: http://malaysia.news.yahoo.com/bnm/20080915/tts-china-milk-993ba14.html
Time: Oct 9,2008
SUMMARY:
This article is about China's Health Ministry said about until now there were about 10,666 kids remained hospitalisedonly, but only a few babies lost their lifes during the milk issue from China. because of the chemcial what can make the milk delicious and got more prudece from it. But the chemical could also let people get kidney stone. Especially the babies who were not able to realize that they had some problems.
So....
- Several children got serious condition of total of 36,144 have been discharged after treatment.
- Ministry said that there were 539 new cases on Wednesday and another 2,067 were discharged but didi not provide the over all figured of children affected.
- There were at least 4 babies died who drank the melamine-tainted milk.
It triggered a massive scare and rejections of China-made dairy products domestically and overseas.
Also Wednesday, the Health Ministry announced a melamine limit of one milligramme per kilogramme of infant formula and 2.5 milligrammes per kilogramme liquid milk, milk powder and food products containing at least 15 per cent milk.
CONNECTION:
China used to have the world's third largest dairy industry. That's why I connect this article to the merchandise inventory section of Chapter 11. This grievous happen was changing the achievement of selling the goods from China to the whole Earth, such as to supermarkets, farmers, merchant, and infant. From the milk issue I think most of the milk from China are no longer been sold. It destroyed the food markets of China and made the goods antipathy. The inventory of the accouting end period will be lower and lower. A country where exist but without any incrasing, it means it will be broke soon. So the gross frofit will decrease when we can't keep the cose of the goods sold account increase.
REFLECTION:
I was really upset while i read this article. It is so unfair for make the big profit by selling goods which could bring the sickness to the innocent person. It will be very harmful if people haven't notice in the early time. Especially for the victims who are infants. I am really suggesting people to check their bodies in a period of time. Get to know some problems soon so you may have a good time to cure it. Also I think people who sacrifice others for get more money to their pockets are so foolish. They think money is the reason keep they alive, they think money can buy anyone's life, they think money can help them to do anything. That's really a stupid though. The government should really ready some punishments for those petty people. Hope there will be no more this kind of cases in the world. But that's almost impossible.
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