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It’s amazing when you read some of the stories of how lottery winners, literally some of the luckiest people on the world since the odds are so low that you will ever win anything, least of all the mega millions jackpot, actually end up broke or claiming bankruptcy due to poor financial planning. If [...] I read a really interesting column the other day about a guy who was only on social security, a small amount to live on monthly, and he was essentially asking how he can strategically default on his credit cards after maxing them out. He would “strategically default” on these maxed cards much like [...] A variety of factors indicate that baby boomers will face major financial difficulty for their retirement years. This will have a signifigant impact on our economy due to the vast number of baby boomers turning 65 in our immediate future. Over 10 thousand baby boomers will turn 65 per day after this new [...] Well, if this isn’t enough to make you wring your hands in frustration over the US and it’s fiscal policies that make it very appealing for major corporations to hire people overseas instead of right here in the US, where people are desperate for good work, I don’t know what will. Apparently hiring has [...] Student loans seem like the easiest thing to do when you’re trying to figure out how to pay for the increasingly cost prohibitive furthering of your education. There’s a lot of hypocrisy going on now when it comes to college, because government’s big aim is to educate our youth. They want to do [...] |
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