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Supersized Debt, American Style

I love to people watch. Any American shopping mall, theme park or airport will offer countless hours of free people watching entertainment. It doesn’t take long to come to this troubling conclusion … Americans are supersized. Our meals are supersized. Our sodas are supersized. As a consequence, our bodies are supersized. Our cars are supersized.  Click to Continue


2015: the Year of the Foreclosed Homeowners Return

It’s been seven years. Those who lost their homes in the housing crisis of 2008 and 2009 are reaching the time where default events are erased off their credit report and many will be looking at homeownership again. 2015 could very well be the year of the foreclosed homeowners return. Best estimates are that about  Click to Continue


What is Impact Investing?

Make a list of your community needs; such as homelessness, poverty, unemployment, crime, better schools, teenage pregnancy, etc. Presently, government funds seem only to band aid these social maladies. Imagine the changes we would see if the private sector combined forces with existing efforts. Well, it’s already happening and it is called impact investing. Impact  Click to Continue


Sunday is ARMs Day at the Gym

It’s 2006.  Home prices are up 2.4% this quarter over last quarter.  Rates are on the rise, although still low in historical terms.  Homebuyers and “investors” are getting mortgages with ARMs and teaser rates.  It’s assumed that home prices can only head one direction and that’s up.  Okay. I lied.  It’s not 2006; it’s 2013.   Click to Continue


Credit Card Spending

Procrastination is like a credit card: it’s a lot of fun until you get the bill. – Christopher Parker Credit Cards are making you dumb. The mechanics of using a credit card are so easy. Just swipe and sign. That’s it. It’s no surprise that people who have credit cards spend more money. Credit cards  Click to Continue