As you get older, is it becoming harder and harder to pay your bills. Money mahagement firms can help. This article in The Wall Street Journal by Anne Tergesen discusses it:http://online.wsj.com/article/SB10000872396390444840104577550910299244458.htmlJust remember not to totally separate yourself from the process – you or a family member should still look everything over and ‘mind the store.’ Call or email me with questions or comments.Remember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
You Paid for College How?
With tuition costs going up and incomes coming down, people are borrowing for college more than ever. Some unconventional methods have joined the normal borrowing. See this article in The Wall Street Journal by Annamaria Andriotis:http://online.wsj.com/article/SB10000872396390443295404577545371701429782.htmlThese methods also have some risk but it is worth it when junior becomes a doctor or a lawyer (or gets a Liberal Arts Degree).Remember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035
Trying to Bank ‘The Unbanked’
Over 1 million households in California and 9 million across the nation are ‘The Unbanked’. They don’t have a checking or savings account and usually use higher cost ways to pay bills and save (try the mattress). Banks are creating programs to get these people in the banking system again. (They claim they are making things easier, but I think they also smell more bank charges.) See this article by Claudia Buck in The Sacramento Bee to learn more:http://www.sacbee.com/2012/07/29/4667944/claudia-buck-new-help-for-the.htmlOne item the article doesn’t mention for reasons why people stay out of the system – they may owe taxes or child and spousal support. Good luck getting them to leave ‘The Unbanked’.Remember, You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035