Personal Finance
The only thing that Americans like more than hoarding or watching TV shows about other people who hoard is shows about looking for treasure in abandoned storage units. We hoard mountains of stuff. The storage unit industry is worth $38 billion. There are over 50,000 self-storage unit facilities in the United States alone. In comparison, […]
From 2011 to 2018, would-be entrepreneurs Jeff and Paulette Carpoff of Bencia, California developed a mobile solar generator business that attracted the attention of numerous big-name investors in the corporate world. Federal investigators charged that it was all an elaborate Ponzi scheme. The Carpoffs were alleged to have bilked more than $1 billion from the […]
We are caught up in our hectic daily lives as we try to juggle our personal and professional responsibilities. With the current financially uncertain times adding to our woes, it is critical that we stay on top of things by managing our money and simplifying our finances. Whether you are a young adult embarking on […]
A power of attorney (POA) is a legal document giving someone the authority to act on behalf of another person in specific or all legal or financial matters. This kind of document becomes important if a person is incapacitated or unable to make decisions on their own, say if they get sick or fall into […]
Even if you are not close to retirement, many investors be looking closely at dividend-producing assets. There are many, including real estate in the form of REITs, dividend stocks and certain closed-end funds (CEFs) and exchange-traded funds (ETFs). While each has its benefits and drawbacks, all are able to produce income. You may think that […]
The average driver in New York City pays more than $5,400 a year for parking, while the average for other major cities was between $2,000 to $3,000. Sound like a lot? Try San Francisco. A San Francisco Bay Area realtor named Bill Williams is selling a parking space in a parking garage connected to a […]
The World Health Organization warned on March 3, 2020 that COVID-19 might be transmissible via banknote handling. According to the WHO, coronavirus particles might be able to live on cash for a few days. China’s central bank recently announced that it would sanitize its yuan notes, exposing them to high temperatures and ultraviolet light, and […]
Many people ruin their lives by gambling or by taking on too much personal, credit card, or bank debt. But one of the most unmanageable types of debt you may encounter in life is medical debt. It doesn’t matter if you are young or elderly, all types of Americans are struggling with medical debt. Collectively, […]
Bill Gates, currently the second-wealthiest individual in the world, says that his extreme wealth is hard proof that the economy is not fair. Gates’s net worth is estimated to be just short of $109 billion. In a blog post, Gates wrote, “The distance between top and bottom incomes in the United States is much greater than […]
After years of hard work and retirement, you have noticed that your retirement plan income will be subject to taxation. Retirees can extend the life of their savings, however, by moving to an area where taxes are lower. It is advantageous to pay fewer taxes, mainly if one is on a fixed income. Retirees can […]
