The end of 2018 is closing in fast. The end of the year can be a good time for people to review their various accounts to see what financial position they are currently in and what they can do to help further their goals for the upcoming year and beyond. When doing a...
Year: 2018
Debt and a person’s long-term goals
A person’s debt situation can have many impacts on his or her goals for the future. This includes his or her goals related to retirement. Results from a recent Stash survey indicate that one retirement goal many people here in the U.S. struggle with is building up...
In Florida, DUI convictions can lead to cars being impounded
If a person is convicted of DUI, the conviction can have many impacts on his or her driver's license and his or her vehicles. Typically, DUI convictions come with license suspensions. Here in Florida, they also often come with vehicle impoundment. Under state law,...
When financial struggles lead to foreclosure worries
It appears that financial struggles remain common among Americans lately. A recent survey looked at consumer financial health here in the United States. According to the survey, around 55 percent of U.S. households are doing alright in some financial areas, but...
Key things to know about testamentary trusts
There are many tools people can use in their efforts to achieve their estate planning goals. This includes trusts. Today, we'll go over one particular type of trust: The testamentary trust. What is a testamentary trust? This is a trust that a person sets up to take...
How common is falling behind on credit card payments in Florida?
Missing minimum payments on credit cards can expose a person to many consequences. For example, it can subject a person to financial penalties and do damage to his or her credit score. It appears that, lately, falling behind on such payments has been more common here...
New animal cruelty law goes into effect on October 1
On October 1, 2018, a new law goes into effect changing the penalties for cruelty to animals. Section 828.12 (6) of Florida Statutes states that a person convicted of animal cruelty laws can result in the court ordering to stop them from having custody and control...
Felony convictions and the right to vote in Florida
Being convicted of a felony can deeply change a person’s life. This is especially the case here in Florida. In the state, certain civil rights are lost if a person receives such a conviction. For example, a felony conviction triggers an automatic and permanent loss of...
Helping kids pay for college: A foreclosure risk?
College tuition costs are very high these days. So, helping children pay for college can be a major financial endeavor for families. Recent research indicates that among the things the financial stress from this endeavor could expose families to is an increased...
Thinking about the future important for unmarried homebuyers
It appears that it is becoming much more common to not wait to get married to buy a home. It is estimated that, in 1985, around three out of every four first-time homebuyers were married. In contrast, these days, less than three out of every five new homeowners are....