Possible Rise In Student Loan Interest Rate Could Be Postponed.

According the Wall Street Journal, “Senate leaders said Tuesday they had reached a tentative deal to keep most student-loan interest rates at 3.4% for another year, preventing the rates from doubling on Sunday and potentially resolving a contentious election-year issue.” Presidential politics again rules the day, but of course anything can happen, and sooner or later the…

Continue Reading

Prudent Fiscal Planning (Part 3):You can’t always get what you want

In the third part of my ongoing series on Prudent Fiscal Planning, let’s discuss the often bugaboo topic of expenses. After following the suggestions from the last article in the series,  you should now have drafted at least your income scenarios for the short, immediate, and long term. Now, you are ready to look at the other…

Continue Reading

Prudent Fiscal Planning (Part 2): Income’s importance in Fiscal Planning and its Effect on Our Standard of Living

In the first post of the series, I discussed the need for prudent fiscal planning in these difficult economic times. Although it may seem that the economy has turned the corner from the most recent, yet severe economic downturn (recession), there are many storm clouds looming on the global economic horizon that could have a…

Continue Reading

Grade Inflation is present and its effects may be more damaging then you think

The Economist this past week spoke of the notion of panflation, or better said the inflation of everything. “This ‘panflation’ needs to be recognized for the plague it has become.” I couldn’t agree more. What caught my eye in the article was the authors discussion of grade inflation.  Grades have always been a tricky topic…

Continue Reading