Finances

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You know that grumpy uncle of yours who has a lot of money but he is not a happy man? Not only is he always grumpy, he’s never at home and his kids don’t like him. All his big business buddies think he hung the moon, but they don’t really know him.

If he’s not your uncle, you know this guy.

Do some people just get to the point that when they have so much money that it just ruins them?

One of the most quoted verses in the bible is “money is the root of all evil.”

Except… it doesn’t say that.

Get Ready for Retirement Now

Dec 31, 2019
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A person should not have to worry about money once they are in retirement, according to Robert Eisenstadt, professor emeritus of economics at the University of Louisiana Monroe.

“You don’t want to worry about things financially,” said Eisenstadt. “The one thing you want to have most taken care of is your financial concerns.”

Eisenstadt explained that a person’s expenses will lower in retirement. A person will not be buying meals such as lunch or purchasing clothing while in the workforce, according to Eisenstadt.

Taichiro Ueki / Flickr.com https://bit.ly/2PVhPSz

Parenting is a paradox. It is the most selfless and the most selfish thing you will ever do.

The selfless part is obvious. For 18 (or 21, or 25, or…) years, we birth them, clean them, feed them, house them, cloth them, teach them, discipline them and (hopefully!) love them. And for most of that time, our children fail to realize the incredible sacrifices their parents are making. We get smiles, hugs and the occasional thank you. But from the outside looking in, parenting would appear to be a very one-sided relationship.

Dispute
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You’re married and you handle the money in your family. Your spouse likes it that way, as money has just never been their thing.

But lately, things have gotten out of hand. Your finances are in trouble,

Should you keep your partner in the dark?

No.

And as much as you hate the thought, you don’t want to keep him in the dark any longer. It isn’t helping him and I’m sure it isn’t helping you.

Europeana EU / FLICKR.COM https://tinyurl.com/y9t6pvfe

When it comes to investment advice, you have to decide if you are purchasing a commodity or a specialty item.  

A commodity is something usually uniform in quality between companies that produce or sell it. You cannot tell the difference between one firm's product and another. When dealing with a commodity, price is the only thing that can differentiate. It becomes all important. Why buy a bag of sugar for $2 when I can buy the same bag for $1?

Devon D'Ewart / FLICKR.COM https://tinyurl.com/ycgojqze

One of the most quoted verses in the bible is “money is the root of all evil.”

Except… it doesn’t say that.

What it actually says in 1Timothy 6:10 is, “The love of money is a root of all sorts of evil...” Did you catch the difference? It isn’t money that’s the problem. Money is neutral, neither inherently good or bad.

No, the problem comes in when someone starts to love money. Or what they think money can buy them.

Income Inequality

Sep 19, 2018
Stelios Lazakis / Flickr.com https://www.flickr.com/photos/slazgrc/2976222844/

Income inequality – what is it really? And is it a problem?

Well, it depends on whom you ask.

Representing the “Yes, it’s a problem” camp is Christine Lagarde, a French politician who serves as the managing director of the International Monetary Fund. The IMF is a global lending organization (formed by 188 countries) that is best known for stepping in when troubled nations are having difficulty paying their bills. They offer loans for troubled economies, but also usually require strict budget cuts.

Innovation Stimulates Local Community

Oct 18, 2016

The Innovation Enterprise at Louisiana Tech University is focused on turning ideas into reality. The Enterprise partners with businesses, entrepreneurs, and students to stimulate new economic activities in the region. Dave Norris, chief innovation officer at Louisiana Tech, explains the Enterprise as ," a hot bed of ideas and activities spread out through northeast Louisiana."

CollegeDegrees360 / Flickr.com

If you’re a college student, or a parent of one, it got your attention when the state’s current budget crisis brought up the possibility that TOPS might be curtailed or even eliminated.

What would happen if the bottom drops out of TOPS?

Here’s something else to consider: if TOPS is either cancelled or curtailed, more than a few college students might get an education they hadn’t counted on. It won’t be an easy one, but it might just be okay, and it may be even good.

geralt / Pixabay

My wife and I have each made a vow to keep each other out of the nursing home. While we'll do our best, we acknowledge that it might not be possible.

When a loved one needs long-term care, sometimes professional help is required. Having long-term healthcare insurance is a good way to take care of our loved ones when we can't. 

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