Archive for July 2017

Social Security Update

Past In April of 1935, politicians passed the Social Security Act through the U.S. House and in June through the Senate; it was signed into law by President Roosevelt on August 14, 1935. Ida May Fuller became the first beneficiary of recurring monthly retirement payments on January 31, 1940, with a check of $22.54 ($493…

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It’s what you spend

Yesterday while on the road I listened to Bob Brinker’s “Money Talk” show on WLS radio. . Mr. Brinker made it clear that we need to distinguish between assets and income, and then noted that a high proportion of professional athletes –  who had exceptionally high incomes for a several years – file bankruptcy just…

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In the News July 5, 2017

Here is recent news that caught my attention: My Masters in Saxophone Has Resulted in Impossible Students Loans And I Don’t Know What to Do 5 Lies Credit Repair Companies Tell (and How to Fix Your Score on Your Own) Women better at credit than men, they just don’t know it FTC Stops Operators of…

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