Monthly Archives: July 2018

Various Types of “Economies”

As recently as five years ago, few people had heard of emerging businesses like Airbnb and Uber that allow proprietors to share their personal residences and cars to generate income. This business model is now commonly referred to as the "sharing economy." 1However, just as capitalism morphs, so does the concept of sharing. For example, [...]

By |2019-06-04T22:49:12+00:00July 31st, 2018|Financial Health|0 Comments

Family Business Considerations

 Family businesses that manage to survive generation after generation leave not only a family legacy, but also the potential for tremendous wealth. For example, Arkansas-based Walmart is presently the largest business in the world in terms of revenue, earning more than $485 billion in 2017. In 1992, founder Sam Walton passed away and left his [...]

By |2019-06-04T22:49:12+00:00July 24th, 2018|Financial Health|0 Comments

The Psychology of Economics

 Countries with a longstanding track record of economic stability and security tend to have the happiest citizens, reports journalist Dan Buettner, who has studied what makes people happy. Education and health care are two primary reasons why, combining to create an upwardly mobile lifecycle.1Mothers with higher education levels tend to have fewer children, and those [...]

By |2019-06-04T22:49:12+00:00July 17th, 2018|Financial Health|0 Comments

For Some Retirees, Home is Where the Debt is

Today's pre-retirees and retirees tend to have far more debt than those in years past. In addition to factors like credit card payments and medical expenses, this generation is seeing the effects of higher home prices and easily obtained low down-payment mortgages in the early 2000s.1Between 2003 and 2016, Americans 60 and older nearly tripled [...]

By |2019-06-04T22:49:12+00:00July 10th, 2018|Financial Health|0 Comments

Medicare News

Earlier this year, Congress passed a last-minute budget deal that included provisions affecting Medicare benefits. Specifically, one provision will permit certain therapies to continue beyond the previous caps, subject to conditions. All therapy (physical, speech and occupational) must continue to be classified as "reasonable and necessary to treat the individual's illness or injury." 1  There [...]

By |2019-06-04T22:49:13+00:00July 3rd, 2018|Financial Health|0 Comments