Tag Archives: personal responsibility

69% Of Americans Have No Financial Cushion! (Survey)

American debt burden chart

In a survey conducted by GoBankingRates.com, nearly 7 out of 10 Americans answered that they have less than $1,000 in savings accounts! This sorry state of affairs is far worse than the result reported in 2015 when another GoBankingRates survey asked 5,000 adults the same question, and 62% said they had less than $1,000 accessible were […]

Pssst…Hey Buddy, You Want A Student Loan?

student loan delinquency rate

Summary: Like in the ‘good old days’ of the housing market when for some borrowers to qualify for a loan they needed to show a pulse…Has the same thing occurred in the student loan market? After examining used car leasing, mortgage markets and the potentially poor lending practices that could lead to a meltdown… The student […]

The Case For Capitalism!

(This article originally appeared at LinkedIn here) Capitalism Versus Socialism Going out on a limb I would say that the majority who will read this article at LinkedIn or in some other business oriented venue are, in one form or another, capitalists by nature who are trying to maximize wealth and corporate performance while still serving […]