Monthly Archives: March 2024
How Can Young People Help Their Families Build Generational Wealth?
Some people start thinking about building generational wealth when their children are born or when they start to think seriously about having children. They stress about providing a financial cushion so that their children can have an easier time getting established financially as adults and, simply, to grow up in an environment where financial… Read More »
What to Do If You Can’t Pay Your Taxes by Tax Day
No one really looks forward to Tax Day. It is with Schadenfreude that we watch judges threaten celebrities with jail time after the celebrities fail to fulfill their millions of dollars of tax obligations. Being one of the lucky few who get a tax refund is a double-edged sword. It means that you are… Read More »
The Good Enough Mortgage Loan
When people set the intention to improve their credit scores, the goal is usually to qualify for a loan that is currently out of their reach. Home mortgage loans are the grand prize. Owning a house gives you financial stability and generational wealth in ways that other things you can buy on credit do… Read More »
3 Middle Class Debt Traps
If you are living paycheck to paycheck on a household income of more than $100,000, you are in a better financial position than many. It certainly beats having a lower household income and not even being able to keep up with your bills. The reason that so many gainfully employed people find their entire… Read More »
Social Media Accounts and Your Business Bankruptcy Case
Court decisions issued over the past 15 years are full of evidence of the ways in which social media has destroyed interpersonal relationships and the reputations of individuals and companies. If a time traveler read court decisions that reference social media activity, though, it would also be obvious to him or her that social… Read More »
Reaping the Benefits of Lower Cost Mortgages While Avoiding the Risks
Yes, it is possible to get a mortgage when your credit score is lower than 670. Some lenders will even consider your application if your credit score is as low as 620. Your options will be limited as far as the amount you can borrow, though. With less-than-optimal credit scores, the interest rates on… Read More »
How Dismal Is the Debt Situation in Florida?
You’re broke, and so is everyone you know. Everyone is in debt, whether they earn an hourly wage automatically transferred to a debit card because they can’t afford to open a bank account or whether they earn upwards of $100,000 per year, but every month’s salary goes to bills and installment payments on debts… Read More »
Banks Are Still Charging Junk Fees in 2024
If you are looking for an engaging conversation topic at a social gathering, try complaining about how, unless you are rich, it costs too much money to access your own money. Even the most taciturn and introverted people have stories about times that they had to pay to gain control of their own paychecks. … Read More »