The gift of giving continues even after death. It’s not uncommon for a parent to leave a sibling, friend or child something special to remember them by. The process through which this works is called a bequest. There are four distinct types, and anyone considering devising a will should be familiar with them all. What …
In 2017, a child was born every eight seconds. Every mother knows the worry of prenatal upkeep, of ensuring both mother and infant are well-cared for during the nine months the child is in the womb. What they may not expect is to become hypoglycemic. Unfortunately, it’s a common problem in pregnancies, especially if the …
Japanese-based company Takata and it’s United States counterpart TK Holdings Inc. both filed for Chapter 11 bankruptcy in their respective countries last year. Following what some might call the largest automotive recall in history, the company just couldn’t keep up with the financial and public relation demands, which consisted of multiple lawsuits, multi-million dollar fines, …
The Democratic Republic of the Congo has announced plans to put into effect a radical new mining code this week that will, in theory, divert more profit from mining company shareholders to the citizens of the Congo themselves. This new code could potentially blast prices for such electronic devices as electric car batteries and …
The new tax law that took effect at the beginning of the year has been scrutinized and found wanting by a pair of Harvard economists — one a Democrat, the other a Republican. They say it will undoubtedly spur economic growth at a moderate level but not nearly enough to produce the revenue that …
The economy is taking off, the national average salary of the American worker is on the rise, and at long last the statistics show that millennials are getting hitched and having babies. That’s all good financial news, especially when it comes to the homebuying industring. Yet the pundits now says that this could be …
Almost half of the senior population pass away with less than ten thousand dollars in tangible assets. That’s according to a four year old study by the National Bureau of Economic Research. At the same time, senior debt is skyrocketing. Just ten years ago is was thought to be unusual for a senior citizen …
Rich people who want to fund new capitalistic ventures are using their fancy art collections and Rolexes for collateral at niche pawn shops that accept high end articles for easy, no-questions-asked, loans. Such lending companies are riding the wave of affluent customers who don’t mind taking a quickie loan of a thousand to …
The august Church of England, head of the Anglican faith around the world, has issued a statement under the name of the Bishop of Canterbury saying that people should be learning about finance more than learning about sex education. In a White Paper to the Parliament of Great Britain, the Church of England …
After the creation of the Visa Check Card back in 1995, the debit card mania firmly grabbed hold of first America, and then the rest of the world. Debit cards were heralded as the greatest invention since charging interest was discovered by ancient banks. They were convenient. There was no debt to deal with …