Starting a business is one of the most difficult and rewarding endeavors to undertake.
While the road to profit is a difficult uphill climb for most, many never get the chance to even set out on the path to building up a business.
May, 13, 2013
Stephen Ellzey will be turning 59 next month, but his working career is far from over and any hope for retirement has since vanished.
May, 7, 2013
The pathways to suicide can be influenced by many things: a history of depression, family loss, and a sense of loneliness to name a few. One common source for serious depression is financial strain.
May, 6, 2013
Payday loans are viewed by most consumer advocates as the financial equivalent of a zombie virus.
Mar, 26, 2013
Audi has an outfitted A7. Toyota has an outfitted Lexus LS 600h. And Google has a small fleet of self-manufactured vehicles, all fully functional without a driver.
Driverless, or autonomous cars, are vehicles that are capable of navigating and driving without any direct human input. The vehicles use radar, GPS, and other...
Feb, 7, 2013
Celebrities. They have fame. They have power. They have cash coming out of their ears. In fact, they usually have more cash than common sense.
When they aren’t blowing their millions on mega-parties, “bling,” or new palaces to live in, they often buy supercars that cost more than an average home… or two.
Here’s a list of the...
Apr, 12, 2013
Fifteen years ago, Renee Spears’ mother and her partner entered their local bank to refinance their home. After filling out the paperwork, the couple found that it was bank policy not to offer home loans to gay applicants. The bank requested that the couple close their...
Apr, 1, 2013
Getting a home is perhaps the defining feature of the American Dream. While the country has certainly seen better days, people are still buying homes and trying to build the life they want for themselves.
Unfortunately, not everyone has the money to pay for a home in cash...
Apr, 23, 2013
Bitcoin has been called everything from a Ponzi scheme to the beginning of the third wave of currency. The creation of an anonymous coder operating under the pseudonym Satoshi Nakamoto, bitcoin is a private, decentralized digital currency best known for its fluctuating, bubble-like price.
Apr, 16, 2013
It’s never been easier to borrow money online.
Mar, 19, 2013
America’s current approach to payday loan policy is that there isn’t a current approach to payday loan policy.
While the federal government did “protect” soldiers from the potential pitfalls of payday loans with the Military Lending Act of 2007, there hasn’t been any type of federal legislation approaching that level of regulation for civilians.
On a state-to-state level, payday loan regulation is a patchwork of regulatory levels ranging from draconian stifling to a hotbed of open lending...
Mar, 13, 2013
The dreaded Sequester is here.
Like a storm on the horizon slowly rolling towards America, it has finally arrived.
While the finger-pointing is in full swing in Washington D.C., the repercussions of the massive federal budget cuts are already being felt.
In fact, the Sequester’s squeeze may end up leading to a boom in payday loan borrowing.
Let’s take a brief and broad look at what the Sequester is before diving into how a massive budget cut would lead to a rise in payday lending.
Birth of...
Apr, 30, 2013
Imagine a bachelor’s degree program that is only focused on understanding, rather than time spent in a classroom.
Competency-based educational programs evaluate a student’s knowledge, rather than using the standard idea of credit hours as a model for learning. Although similar models have been around for years, an important move was recently taken to open competency-based education to the greater public.
In March 2013, the U.S. Department of Education (DOE) endorsed competency-based education...
Apr, 18, 2013
Student loan borrowers have seen better days.
The media is constantly talking about the Student Debt Crisis and how Generation Y has a snowball’s chance in hell of finding jobs come graduation.
Unlike common problems such as defense and energy that nearly all previous administrations have had to deal with, the current attention on college financing is unprecedented. A closer examination of the Obama Administration’s actions will shed light on how the millions of college-aged borrowers have...
Apr, 4, 2013
Crowdfunding is all the rage. From funding educations, to films, to new businesses, it seems like everything is going to be crowdfunded before long.
This explosion in popularity should come as little surprise though, as the traditional route of obtaining capital for a startup —...
Mar, 12, 2013
The last increase in the federal minimum wage was in July 2009, raising the rate to a meager $7.25 per hour.
Over three years have passed — nothing has changed.
In President Obama’s State of the Union address in February, he suggested an incremental increase in the federal minimum...