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It’s getting more expensive to own a checking account these days. Young Wealth wonders if the sudden rash of fees and penalties is a surreptitious last ditch effort by banks to recover from years’ worth of hideously poor decision making in regard to mortgage loans? In this Twilight Zone-esque drama known as the sub-prime mortgage [...]
If you happen to be one of the umpteen million Americans who have constructed a nice, fat mountain of debt due to non-existent budgeting and a life devoted to impulse shopping, welcome to the club. You’re not alone. Resolving to get your finances under control is not simply a matter of doing what’s right – [...]
It seems like only yesterday Mr. Barack Obama was swept (sort of) into presidential power on a tide of Internet fund raising and marketing to young voters, ages 18-29. Hope drifted in the air to such an extent you could literally breathe it in and America, nay, the entire world, would soon be awash in [...]
The most exciting career choice for young graduates is Certified Public Accountant (CPA)? Well, maybe it is and maybe it’s not but one thing is for certain; a CPA designation is a license to earn today and into the foreseeable future. CPA, that’s just a glorified accountant, right? What’s so exciting about that? To be honest, the actual work might not be the most spine-tingling around but the earning potential is excellent.
The verdict is in – young investors are much more savvy today than they used to be. Or maybe they’re not and we just hear more success stories due to information saturation from the Internet and cable television. Maybe there’s another reason the younger set is more attuned to the Internet – they were sitting [...]
All we can say to the reports that Americans appear to be regaining control of their previously out-of-control credit card spending habits is…no…way. Way! It’s crazy but true. Apparently the recession is a better financial education than everything else put together. Thanks, Mr. President. Without you, we’d still be spending money we didn’t have and [...]
Sometimes a real job is simply too much hassle, what with the regular hours, personal hygiene requirements, and expected productivity. Well, kiddies, you were born under a lucky star because these days it’s pretty easy to score some walking around cash without becoming a drug dealer or pimp, and all the while successfully avoiding that [...]
Just in case there are a few members of the younger generation hiding under rocks who have not yet been exposed to the prospect of making online payments, we offer this financial advice. It’s likely that a growing percentage of your life revolves around making electronic payments. Whether you bank online or place orders for [...]
When it comes to investing strategies, better to stick with the age old wisdom than jump on the newest flash-in-the-pan idea. New and different doesn’t automatically equate to better. After you’ve made your money, then it’s okay to put a small chunk on a crazy new scheme. Better yet, take it to Vegas, have some [...]
At Young Wealth, we love America as much as anyone else but there’s one small piece of historical data that disturbs us – our nation will fail. One truth in this life besides death and taxes is that no nation lasts forever. We tend to become shortsighted and full of ourselves and think that we’ll be the first. Here’s a newsflash. We won’t. America will fail. Might be today, tomorrow, or in a hundred years. Maybe right as you’re moving into the prime of your life!
