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The research also found out that 38% of the total population interviewed, had made budgets and were planning to stick on them which was an improvement as compared to the 23 % who had decided that in the previous year (Michele, 2014).
However as much as the interviewed people wanted to improve on their savings, most of the respondents had not made any changes to the strategies of saving they used. The respondents presented different strategies of saving that they were planning to use in the year in order to increase their savings. The research done compared the previous and current year and compiled the comparison. 53 % of people were planning to soak away more of their paycheck as compared to 51 % of the people who wanted to do the same in the previous year (Michele, 2014). The number of people who were planning to save at least part of their tax refunds was 26% and was equal on the two years compared. There was a reduction on the number of people who wanted to cut back on luxuries in order to save with only 21% of the respondents planning to do this as compared to 23% in the previous year. 19% of the respondents were planning to play the lottery in hopes that they will win and save the money as opposed to 21% that opted for this method of saving the previous year. Another method of saving that was common in both years was selling of personal property and presented an equal percentage in both years (Michele, 2014).
Savings can be done in a number of ways as shown by the response of the interviewed persons. Their methods were good although some such as selling of personal property cannot be considered as saving since it just converting assets into money (Pollin, 1997). The increases shown in the percentages on the plans of saving indicated the appropriateness of the methods and it is predictable that those methods that showed an increase in
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Sociologists have determined various reasons due to which an individual falls in the poor category of a nation. Certain sociologists state the reason due to which an individual falls in the category of poor is the lack of future orientation of that individual and thus theorists have determined that an individual faces poverty because they themselves are doing nothing to solve change their economic conditions.
Despite the tax cut being beneficial to large institutions especially corporations, there has been divided attention between the democrats and the republican on its impact on the American economy. Since the Bush-era tax cuts were expected to be terminated by the year 2010, it was extended alongside other laws on tax by the Obama administration through the passage of the 2010 tax relief act.
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In February, 2003, a new conflict broke out in western Sudan; more specifically, the three regions of Northern, Western and Southern Darfur. Initially, it appeared that this latest crisis arose as the result of differences between nomadic Arab tribes and sedentary black African ones.
ording to Nancy Pelosi, the Minority Leader of the United States House of Representatives at the 8th district of California, “she is worried that many women are complacent about the possibility that they will lose access to abortions” (Terkel, 2011, par. 1). The essay is
as been increased by 57% in Québec which means there has been annual increase of 4% in this rate every year (Santé et Services Sociaux Québec, n.d.).
Every other day, news related to the social problem of teenage pregnancy is published in newspaper and are shown through
The most significant concept is related with scarcity and remains a highly solid fact, even more so than abstraction. The supply and demand is another concept which has remained a much desired entity that shall be achieved within the realms of
: provision of emergency liquidity, supervision of banks and other financial firms for safety and soundness, provision of payment services systems to the government and other financial institutions and monetary policy (Labonte, 2014).
The federal reserves monetary policy