Lifestyle

Income disparity – CEO pay

Income disparity in the US, in particular of top executives such as CEO level (Chief Executive officers), is at ridiculous levels and the problem is getting worse and worse. Now I am all in favor of being well compensated for hard work, being rewarded for innovative ideas, people taking chances by investing, and similar things. They should be compensated more than others, but come on now…we are at outrageous levels. I think taking a chance on business, investing, coming up with a successful business idea and such be rewarded in …

Requests from people receiving or waiting on disability payments

As we do from time to time, we sample emails sent to us from those who need assistance. If you look at the size of the population in the US, and the percentage of people who receive social security disability, a disproportionate number of requests for financial aid, referrals, and other assistance comes from people who (1) claim to be disabled or who (2) indicate they are receiving some form of federal government disability benefit or (3) are in the process of applying for SSDI or SSI. About 3% of …

New years – Reflect and Learn From Past Financial Mistakes

The stats around financial fitness in this country are alarming. Most Americans have way too little if no money saved for retirement. Credit card debt and auto loans issued are at record highs. Savings rates are pitiful. The new year is a great time to take a look at your finances. Nearly everyone is faced with desperate times in their lives. If you had a tough year dealing with financial hardships, unemployment, and personal issues which may lead to a financial challenge, you could use your time to reflect and …