Title Loans, Payday Loans, Loan Sharks. If you annualized the interest rate on a title loan, it could be as high as 300%. If you annualized the interest rate on a payday loan, it could be as high as 459%. So why do people risk their future fiscal health by utilizing these financial tools? Desperation.…
Sorry to bring this up, but in just a couple of months it will be tax time. Very soon the Finance folks will be talking with us about deductions, assets, 1099s and more. One of the conversations will likely involve depreciation. Depreciation is the mechanism that allows us to account for the portion of an…
2016 marked the 40th anniversary of Rocky – the story of a down-on-his-luck boxer who won the heart of Philadelphia when he went the distance with the undisputed heavyweight champ, Apollo Creed. There’s no question that Rocky was a compelling character and the star of the movie. But let me make the case for a…
I love March Madness – three weekends of great college basketball filled with drama, athletic prowess, underdogs and Cinderellas. Between TV, radio, print and the web, each team’s journey through the NCAA tournament is chronicled hundreds of times. We learn about universities, individual athletes and coaches. Often times, these stories propel people into the national spotlight…