Tag: money

The Pursuit of Profit – Evil Or Not?

It was recently mentioned to me that “In today’s world, there is a growing segment of our society who view profits as wrong, as evil. Corporations, companies, and others who pursue the profit motive are often considered mean, selfish, and unethical because it takes advantage of workers and the less fortunate.” This statement was then […]

The True Face of Socialism – Not Pretty

Let us discuss why socialists and socialism are so bad. What is it about socialism and communism that I despise? Let’s level-set and revisit a few definitions. Socialism: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods (socialism, n.d.). Socialism: a […]

Does Money Make the Leader?

Recently, I was having a conversation about the making of great leaders. During that conversation, I was told: “I don’t have enough money to be a leader.” That comment confused me at first. It got me thinking about the prospect of “creating” a leader and whether money can play a part. While probably not the […]

Student Loans: What Did We Think Would Happen?

You Took Out the Loan – Repay It! Is that really the best way to look at student loans? Let’s break down how this happened. After all, we cannot fix a problem unless we identify the problem first.   Let’s start with the fact that we sent our kids to government institutions of learning. We ensured that they spent most […]

How to Avoid Overdraft Protection Fees at the Bank

Something that has been in the news quite a bit lately is the high dollar amount that banks are getting for overdraft fees that they charge their customers. People are evidently shocked about the amount they owe due to using these supposed services. So let’s cut through the nonsense and educate ourselves on what is […]

Is a Credit Card Crisis Underway

Yes. And this is only the beginning. They call it a credit card, a small plastic card that allows the holder the ability to obtain goods or services before actual payment, based on the trust that payment will be made in the future. Some call it a lifeline, some call it a handy and convenient […]

Understanding Interest: Things to Know

Without a calculator or Google, can you answer the following questions? If I borrow $2500 for the year at 9.25% APR, what is the total amount that will need to be repaid? Better yet, how much money will I get each year if I invest $2500 into a CD at 2.08% APY? The interest rates […]

Choosing a Small Loan: Here Are Some Options

Are you considering getting a small loan? It’s a big decision. Consider the following before making your decision. Many Americans are still worried about the economy. In fact, according to Harvard University’s Institute of Politics poll, a weak economy is the #1 concern for most millennials these days. This concern comes with a few good […]

Strategize Your Debt With a Plan

You can get out of debt! However, it’s going to require a strategy. Here is what you need to do. List Our Your Debt The first thing you want to do is list out your debts according to payment. You can add the total balance if you’d like, but the point of this exercise is […]

Bank versus Credit Union: A Comparison

Confused about the differences between a Bank and a Credit Union? Please don’t be ashamed; from the outside looking in, they can appear to be very similar at first glance. Today we will explore some of the differences you should probably be aware of, as well as some of the benefits. The Big Banks A […]