fbpx

What Is A Bitcoin?

In the past several months, more and more people have been asking me about the stock market, the US Dollar, and just in general where the direction of the economy is headed. One of the questions that seems to have come up more over the past month is what is a Bitcoin? Are these fantasy dollars for those that play in the second life world? Are they coins that you can use at arcades and places like Dave & Busters? Are Bitcoins for real or are they just some other crazy scam that we should all be wary of in the future? According to www.bitcoin.org, Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could ...

Read More →

Should Your Child Wear A ‘LEAF’ To School

After your child gets their driver’s license, one of the next financial considerations is whether or not you should purchase another car for your household.   Some parents will buy their children a brand new Hummer while others will find clunkers that weren’t intended to be two-tone cars even though the hood is black the rest of the car is grey.   With advancements in technology, is it possible that getting a brand new electric car is a good idea? If you’ve read Your Smart Money Moves over the past five years, you know that I’m not a humongous fan of leasing cars.   However, in the case of electric cars, it can be quite advantageous, at least within the state of Georgia.   Consider what a lease would look like on the electric vehicle Nissan Leaf. An income tax credit is available for up to 20% of the cost to purchase or lease an electric vehicle, or $5,000, whichever is less. The credit ...

Read More →