Entries tagged "debt"
We have written about how younger generations are having to help their parents financially and how it is important to know your parents’ long term care plans. However, another trend is also emerging.
Seniors are having to help out their kids and often it is their middle age kids needing the more
For better or worse, layaway is making a comeback. I heard a Black Friday commercial on the radio this morning for K-Mart pitching their layaway program. Layaway programs were most popular in the 70’s but I remember it most growing up during the 80’s. Commercials and store signs offering layaway more
Most of the advice around paying down multiple debts centers on paying more toward the higher interest rate debt first. Mathematically this makes the most sense because the longer you have high interest debt, the more you pay to get rid of it. The reality, however, is that finances (debt in more
What direction are we headed in?
Unfortunately the answer cannot be obtained by using a GPS Navigation System. With all the uncertainty surrounding the debt ceiling and potential U.S. Government Debt downgrade, panic has crept back into the markets and we are seeing volatility similar to the way we did in more
I can’t recall a month where things were so up and down on a daily basis and no I am not talking about the weather J. I think it is safe to say spring is FINALLY here. The month of April is near complete and the major indices are up anywhere from 2.54% (S&P 500) more
Resiliency might be the best word to sum up the market for the month of March. The market was dealing with the aftermath of the horrendous earthquake in Japan and the ongoing issues in the Middle East but the major indexes (NASDAQ, S&P 500 and DOW) still managed to eek more