Tuesday, June 5, 2007

US Trading deficit-getting better?

The article "Rising Exports Putting Dent In Trade Gap" from the New York Times, refers about trade deficit and how trades all over the world are being handle, it informs that 500 companies are going to rely on generating more than 1/2 of their sales in foreign nations. A weak dollar can actually help the US economy and the trade deficit because it has became more expensive to buy for European countries.

How to save money

The article More Advice Graduates Don’t Want to Hear by Damon Darlin in The New York Times gives information concerning good saving habits. We all know that once money is in our hands it just goes through our hands as sand, so in this article Darlin sayd that graduates should save 10% fo their income and never borrow money to pay for a depreciating asset. Also he mentioned to spot the lattemaniac, young people are getting realy adicted to them and lets face it, they could cost more than five bucks.You have to stop buying high tech technology. You could buy the high tech technology but you have to wait till the prices go down.