Read this before filing for bankruptcy Bankruptcy should be a last resort for tackling overwhelming debt. But if you’re considering it, here’s what you need to know. What’s bankruptcy? Bankruptcy, a legal process overseen by federal courts with variations across states, serves as a lifeline for individuals overwhelmed by debts they can no longer manage …
Several
years ago we traveled to Spain to join two friends as they wrapped up the last
leg of their honeymoon in Ibiza. We had
an amazing time and brought lots of memories home with us. We also brought back an affinity for
sparkling water. This story tells our
circuitous path to money consciousness with water.
We want to give you an adjustment. The adjustment is with your understanding of home equity. You see, many of us have been led to believe one thing about home equity when the reality is acutely different. This misinformation, if not an outright lie, puts you and your family in a precarious situation that could lead to financial disaster.
Compassionate capitalism and the LGBT community Despite initial skepticism, compassionate capitalism is a tangible reality, coveted now more than ever. Join us as we spotlight companies embodying this ethos, redefining success to encompass compassion, profit, and purpose. What’s compassionate capitalism? Compassion is empathy for others. Capitalism, according to The Oxford Dictionary, is “an economic system …
CNBC reported yesterday that the 2014 Retirement Confidence Survey, produced by the non-profit Employee Benefit Research Institute and Greenwald & Associates, shows that American workers are more confident in their ability to retire comfortably because of recent stock and housing market gains over the last few of years.
In the comment section, I said, as I often do, “A home is not a retirement plan.” This garnered comments, which I appreciate. Comments inspire me and make me think. One commenter said that a home can be part of a retirement plan. They included the example of northeasterners who sell their homes and move to a smaller, less expensive home down south. They often pay for their new home with cash and then have money left over. Another commenter said that it is nice to have a free place to live in retirement, rather than a place to rent.
I do not believe this is entirely accurate.