If you have a loved one living in assisted living or a nursing home, you should be aware of the potential for abuse. “Nursing Home Abuse Justice was founded to shine a light on the widespread abuse and neglect that occurs in nursing homes and assisted living facilities. Some statistics indicate that 1 in 10…
Month: January 2021
The Power of Compound Interest
One of the most basic economic concepts that affects personal financial decisions is compound interest, the idea that savings and investments grow based not only on contributions but is enhanced by interest earned on contributions and previous interest. Conversely, compound interest hurts borrowers, especially on high interest loans like credit cards. Get informed with this…
Think Twice Before Refinancing a Federal Student Loan
Don’t be tempted by super low interest rates to refinance FEDERAL student loans that are subsidized by taxpayers with a private lender. Especially now when payments have been suspended through January and may be extended again. If you are working and can afford to repay your federal student loans, go ahead and keep paying so…
Coronavirus Relief Resources from Consumer Financial Protection Bureau
Relief for rentersA new law provides relief for renters and extends the CDC’s Order to protect many people who can’t pay their rent from eviction through January 31, 2021. Updates to unemployment benefitsCongress passed legislation providing an additional $300 per week to all workers receiving unemployment benefits. The supplement begins after December 26, 2020 and…