Are you better off than you were a year ago? Record numbers of Americans are not. Rasmussen Reports, the top polling agency, says 32% of us owe more than last year. Not coincidentally, confidence in banks is at an all time low. And the government doesn’t poll so well either. With unemployment staying high, home…
Fascinating individual story from the front lines of the economy. How does a financial planner end up six figures underwater on his home? Yahoo Finance has the story of Carl Richards of the New York Times, a financial adviser, who had to do a short sale on his big Las Vegas home. (image from Dreamstime)
I have an aunt and uncle who were married many years ago. The priest told them, in advising them of the respective marital duties, that it was the husband’s task to run the family finances. This did not work from the start, but they endeavored to abide by the priestly directive. As long as they…
