Monthly Archives: February 2019

K.I.S.S.

I learned a long time ago that much in “life” can be easier just by following a simple concept known as KISS, or Keep it Simple Stupid. I am not sure how I learned about this principle. Maybe I learned about KISS by reading or observing others, both of which are some of the main things that my personality trait does (INTJ). Or maybe I learned it back in the corporate world. Regardless, I somehow found how effective KISS is, and I am sure glad I did. I think Keeping …

Income and wealth tax

Should the US start taxing net “wealth”? Or should we start to jack up the income tax rates on high earners once their salary gets to a certain point? Much of this discussion (if not all of it) started to gain traction in the press a few years ago with Bernie Sanders when he ran for president. However the trend on taxing wealth as well as increasing taxes on high income people really started even earlier, maybe as far back as the financial crisis in 2007-08 and groups such as …

Record number car loans delinquent, millennials lead the way

As we have been reporting on, Americans are in more debt than ever and the number of car loans that are 90 days+ delinquent is at a record high. There are more people who are seriously delinquent on their auto loans as 2018 ended than ever before, with millennials in the worst shape. The situation is getting worse too, as Americans are in record debt on about everything, and to make matters worse, they are in so called bad debt, meaning credit cards and auto loans among other types. When …