A Couple of Quick Notes

This note would be even better in a short video…so stay tuned for that version next week! In the meantime, a couple of quick written notes:

This week the “Energy Information Administration,” an actual division of the US government, warned that nearly HALF of US households who heat their homes with natural gas will pay 30% MORE this year, yes 30%, versus last year.* AND that if winter is 10% colder, then bills will go up 50%! If winter is 10% warmer, then bills are still projected to go up 22%. Can’t wait for that cold weather!

Nearly HALF of US households who heat their homes with natural gas will pay 30% MORE this year.

Continue reading “A Couple of Quick Notes”

A Good Time to Borrow Money?

Life without some kind of debt is nearly impossible. Still, there are “good” kinds of debt and “bad” kinds of debt, and timing of taking on debt matters too.

As the US economy emerges from the extended pandemic a number of factors affecting debt and borrowing are at play:

  • Jobs – job openings, job creation and job RE-creation
  • Ability of small businesses to pay workers amidst longer-term uncertainty
  • The presence of Inflation for all kinds of popular products and services – meaning consumers are being forced to pay more, often unexpectedly
  • Changing demographics and geographies around home ownership…
  • …Creating increases in home prices
  • Super low interest rates
  • Plain old desire to spend after year-long restrictions on nearly everything!
As the US economy emerges from the extended pandemic a number of factors affecting debt and borrowing are at play.

Continue reading “A Good Time to Borrow Money?”

The Equifax Breach

By now, amidst two major, debilitating hurricanes in the South and Southeastern parts of our country, most Americans also know that a major security breach occurred at Equifax, the global consumer credit reporting company.

Equifax

According to news reports and press releases from Equifax the security breach — or leak of personal data — affected as many as 143 million Americans (that is more than HALF of the adults in the US with a credit history).  There are numerous ways to react to this maddening occurrence.  But most important, there are certain steps within your control that can be taken to defend against (while not entirely preventing) an identity theft incident happening to you.  Continue reading “The Equifax Breach”