Category Archives: Personal Finance

The Quiet Crisis in America, Part 2: A lack of savings makes the last years a miserable time for many.

The lack of retirement saving, an over reliance on old-age government welfare programs such as Social Security, is creating a crisis for millions of Americans in their 50s and 60s. Before I begin to offer some suggestions, let us, once again, detail how many Americans are facing a difficult retirement or already are in one.…

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The Quiet Crisis in America, Part I: A lack of savings makes the last years a miserable time for many.

“Old age is a shipwreck,” Charles De Gaulle, president of France and creator of the Fifth Republic in 1958 Millions of Americans are having or will be having a terrible retirement. Their lives are now or will be a shipwreck. They virtually live from Social Security check to Social Security check. “Just under a third…

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How to Make a Million—-Get A System and Get Lazy.

You want a million dollars because you believe it will give you financial independence. You have nothing so it seems an impossible goal. Not necessarily. It can be done but it takes consistency, time and some inertia. Yes, you read the last part right. It is very important, once you have a monthly or weekly…

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Why Are So Many People Sick of Pols?

News Item: New York Governor Andrew Cuomo announces the state will impose a ban on fracking, a relatively new but controversial technique of extracting oil from rock. Fracking is being used in numerous states, including New York’s neighbor, Pennsylvania. What’s wrong or right with fracking? I don’t know and I don’t profess to know. However,…

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The “Disgrace” that Traps Many Young People

From childhood in many homes it is drilled into millions of impressionable young minds: “You will go to a good university. It is the pathway to almost everything that is good in life. We’ll get the money for it by borrowing.” So millions of young people, many with little understanding of what they’re doing and…

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Single people are $4.1k a year richer than those in a couple

A new survey by TotallyMoney.com ( http://petecampbell.com/img/tm-infographic-usd.jpg ) has revealed that singles are, on average, $4.1k a year better off than those of us with a better half. In fact, 52% of committed male respondents believed they’d be better off going it alone. Women, meanwhile, felt more financially secure with another half – 61% of…

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