If you are leasing a house, you must pay the monthly dues properly. But if you are behind in paying the installments for a few months, you should start reading the foreclosure laws. Foreclosure is a term which is used when the landlord obtains a court order to send the tenant out of his house due to defaults in payments over a specified period of time. This period should have been notified earlier in the lease agreement.

So, if you are expecting a foreclosure, it is wise to speak to an attorney regarding that. Their expertise in these types of situations will help you a lot. Also, you can get to know the rules of foreclosure more clearly from lawyers rather than your friends and neighbors. The most important thing to have while facing a foreclosure is confidence. It might sound worse than going bankrupt but it isn’t. Y

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Your determination of when to retire is important; the age you select will form the foundation of your life (and possibly career) plans, your retirement savings goals, and even the sorts of investments you should choose. However, few people understand how to determine when to retire. Luckily, figuring out when to retire is as easy as following these simple steps:

1. START WITH A GOAL: Start by determining when you would like to retire, specifically. Stating that you would like to retire in your 50s (or next year) is not specific enough to allow you to make the necessary plans to meet that objective. Instead, either choose a specific age at which you would like to retire (e.g. 55) or an event (e.g. two years as VP, two years after your youngest child graduates college).

2. CALCULATE HOW MUCH YOU NEED TO MAKE THAT HAPPEN: Next, you will need to calculate how much money you need to make that happen.

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There are countless benefits of using a savings account. For starters, a savings account is an account in which the money is not used for day to day purposed like the current account but it is saved and kept aside for future use.

The very first benefit is safety. It is never safe to keep large bulks of money on your home. Banks offer you great safety and they even give you interest for your money. They keep your precious money in waterproof, fireproof vaults and so you never need to worry about it.

We never know when we would need money. What will you do if your children get into an accident? What will you do when you get broke?

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The annual Startup School, put on by the Business Association of Stanford Entrepreneurial Students and Y-Combinator, featured founders and investors in Dinkelspiel Auditorium. More than 800 prospective entrepreneurs attended reports The Stanford Daily.

The day’s list of speakers included Silicon Valley heavyweights such as Mark Zuckerberg, founder and CEO of Facebook, Reid Hoffman ‘89, founder of LinkedIn, and angel investor Ron Conway, who was one of the early investors in companies such as Google, PayPal, Facebook and Twitter.

The annual event is a collaboration between BASES, a student organization focused on entrepreneurship on campus, and Y-Combinator, a startup incubator that identifies promising startups and helps them succeed. In

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According to the American Bankruptcy Institute, personal bankruptcy filings rose 11 percent during the first nine months of this year when compared to the same period in 2009. At the same time, studies show that the cost for consumers to file for bankruptcy has steadily risen. It’s more important than ever, then, for consumers to find the right bankruptcy lawyer.

The right bankruptcy lawyer can save consumers thousands of dollars when filing for bankruptcy. They can also help them choose which type of bankruptcy filing is right for them, and they can guide them through the stresses of appearing in bankruptcy court.

According to the Bankruptcy Institute, personal bankruptcy filings hit 1.165 million during the first nine months of 2010. D

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Last week, in response to a NYT column by Greg Mankiw, I posed several questions about what I took to be holes in the column’s premise. Namely, that small changes in tax rates had outsized impact on human behavior. The questions also challenged the Harvard Professor (and former CEA chair)’s assertion that this marginal increase in tax rates would significantly reduce his incentive to work.

Rather than merely call the thesis nonsense, I instead posed a series of questions, the answers to which demonstrated how disengenuous the professor’s argument was.

This week, he responded. In an addendum. To “some blogger.”

If you thought the original column was disingenuous, check out the response:

Addendum: Some blogger named Barry Ritholtz poses a bunch of questions for me, which I won’t bother taking the time to answer. Unless, of

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Anyone who has taken a few (or more) hits to their credit score knows that getting a credit card is near impossible. It’s usually recommended that anyone struggling to obtain a card work on repairing their credit before sending out any more applications.

One of the ways you can do this is with a secured credit card. However, not all secured card payments are reported to credit bureaus and therefore, may not help you build your credit. You have to take the time to find the appropriate card, make regular transactions and slowly improve your credit report over the course of about a year. Then you can graduate to a regular, unsecured credit card.

Some people don’t want to take the slow route to their own line of unsecured credit, though.

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