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Property Income

I have known people who get creative in having others cover their mortgage payments. I personally never had the opportunity or the courage to try what they did on my own. The first person bought his parents’ home from them in his freshman year of college.  He then...

Our Debt and Services

U.S. National Debt has risen to a record high exceeding $22 Trillion. To make matter worse according to the Treasury Department data comes as tax revenue has fallen and federal spending continues to rise. The new debt level reflects a rise of more than $2 trillion...

The Merchant of Death Rebranded

Imagine that you developed and refined a destructive force that changed the world of warfare and that you made of fortune doing so.  But you never really thought about the consequences of your actions until you read an obituary about yourself that was run instead of...

Student loans and Bankruptcy

Student loans are typically extremely difficult, but not impossible, to discharge in bankruptcy. To do so, you must show that payment of the debt “will impose an undue hardship on you and your dependents.” If you can successfully prove undue hardship, your student...

Frugal

I recently traded in my Mercedes.  Before I traded the car in, I needed to determine what I would drive next.  I went back and forth on a number of makes and models.  Then I sat back and thought about this from a different perspective. I thought about what is the most...

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