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Medical Bills Are the Biggest Cause of US Bankruptcies

With Republicans vowing to repeal (and replace?) the Affordable Care Act, the headline that “Medical Bills Are the Biggest Cause of US Bankruptcies” was no surprise to this researcher who devoted many years to the study of consumer bankruptcy.  Dan Mangan wrote in 2013: “Bankruptcies resulting from unpaid medical bills will affect nearly 2 million…

Where unwanted gifts end up

Long an advocate of less consumption and more investment, with advice like contributing to charity or 529 college savings funds instead of gift cards or buying gifts that are often unwanted, I was intrigued with the growth in on-line “consignment shops.” According to Patrick McGroarty, writing for The Wall Street Journal, “unwanted holiday gifts and…