Money

RV Just Broke Down – More Money Spent

September 17th, 2009  |  Published in Money

Its a real shame when you go out of town for a weekend and you have a breakdown in one of the most expensive vehicles. Repairing an RV can be not only expensive, but the parts themselves cost a lot. One of the most expensive parts to replace is an Air conditioner.

A lot of Americans complained of air conditioning repairs in the summer of 2009, and while this has part to do with the fact that most people do not do very good preventative maintenance on their RV’s, there still is a price paid.

Most RV parts are usually bought online, as most people either do not have a local shop when they break down, or do not want to spend more money with the higher retail markup.

If you are considering getting an RV, consider the amount of money you may have to put into it in order to keep it up and running. Most experts will tell you that a routine check of specific things on an RV are paramount to having a well taken care of home/ recreational vehicle. Stay safe, do your homework, and save money.

Grumbling about bank bonuses

January 31st, 2009  |  Published in Money

It seems that people who work for the giant Citibank are crying about their bonuses not being so big this year. When you look at the figures after losing a lot of money this year because of default mortgages and various other issues with the economy, they were still able to pull in some big bucks.

It apears that Citibank paid out over $4 billion dollars to their employees. For anyone in a middleclass family this would seem like a lot of money to pay out empoyees in bonuses. Who wouldnt be happy with a bonus of a couple thousand dollars.

With people getting smaller and smaller bonuses even on wallstreet, it makes you wonder where they will put the smaller extra money they have. Investments will be lagging behind, and as we have seen, interest rates are especially low. Bank CD rates as well as Savings and money market accounts have all lost luster. This seems to be a strategy by the Feds to correct the current slump. Hopefully that will trickle down to the small people at some point while all it seesm to be helping are the people who already have big incomes in the corporate world.