The American economy travels on a varying road that is sometimes prosperous and sometimes struggling. Politicians from New York and from the other 49 states often debate the best ways to improve bad financial times and how to sustain periods of economic growth....
Month: October 2014
Children’s credit card debt becomes problem for parents
Some New York parents choose to allow their kids to get credit cards while those children are still relatively young. Whether they hope to help their kids build good credit histories or want to teach them about effective money management, many parents have to co-sign...
Can bankruptcy be worse than carrying high debts?
Many New York residents shudder when they think about filing for bankruptcy. However, their fears about the process often stem from the feelings of personal defeat they believe they would experience if they chose to utilize bankruptcy protections. While personal...
Business bankruptcy is an option to save life’s work
The dream of owning one's own business sometimes becomes a reality for hardworking New York residents. From the stresses of funding the start-up to navigating the challenges of marketing and contracts, the toil associated with making a new business succeed can be...
Credit card debt is a problem for American college students
Many New York college students go off to their academic institutions each fall with plans to be fiscally responsible. After working through the summer to earn money they know how quickly their money can dry up once back at school. Although some students stick to their...