Personal Finance- No Savings and Substantial Debt

There is no shortage of Americans who are in substantial debt, and there is no shortage of Fintech apps designed to help people with their personal finances. According to Forbes, a third of Americans have nothing saved for their retirement and 70 percent of people have less than $1,000 in their savings. Although the Fintech market is flooded with new apps for personal finance, most of those apps focus on spending rather than saving. Based on the debt burden of most Americans, apps should focus on financial wellness by helping people get out of debt and improving their credit scores.

 

The good news is there are plenty of apps available that help Americans focus on building budgets and saving money. Mint is a popular personal finance app that gives users a dashboard of their financial standing. The app helps users track their current account balances, including savings and checking accounts and credit card balances.

 

Another popular finance app includes Goodbudget, which helps users set aside their money for specific reasons. The problem is many Americans do not have the money to set aside for specific purposes, let alone an emergency. According to Forbes, nearly half of Americans do not have the financial resources to pay for an emergency totaling $400 or less. Many people must sell some of their possessions or take out high-interest loans just to pay for emergency expenses.

 

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Credit Card Debt Rises Above Pre-Recession Levels

Credit-card debt is on the rise as more Americans are racking up hefty bills at levels not seen since before the Great Recession. As of 2016, the average credit card debt in America is $16,061, which is up 10 percent from a decade ago. The average credit-card debt in the U.S. before the Great Recession was $14,546, according to the Federal Reserve Bank of New York. However, credit-card debt is down from the 2008 levels, which was the peak of the recession.

 

Many economists and financial experts believe the trend will continue in the years to come. Mortgage debt and student loans will play a significant role in the debt burden of most Americans. In 2016, mortgage debt in America averaged $172,806, and auto loans stood at $28,535. The total household debt for all Americans in 2016 averaged a whopping $12.4 trillion. By way of comparison, the average total household debt averaged $11.7 trillion in 2010.

 

Some analysts speculate the root of the problem is expenses continue to outpace the median household income in the U.S. Although median incomes are up 28 percent in the last 13 years, expenses are up dramatically, including medical costs and food and beverage costs. The cost of food and beverages are up 36 percent in the last 13 years while medical costs rose 57 percent during the same period.

 

 

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How Anthony Toma Helps Aspiring Actors and Models

As the Chief Executive Officer and Founder of acting and modeling agency Nine9, Anthony Toma has helped thousands of people find careers in these fields. His agency is unique in the industry as it puts aspiring models and actors in contact with people in the industry who are hiring for roles and doesn’t collect a commission from their work. He first entered the industry in when he saw a franchise opportunity in a magazine at a grocery store. His first company expanded to 26 offices across the United States but ultimately failed as the business model wasn’t entirely workable. He then developed a new company in 2003 he called Coral Reef Productions, Inc. and changed its name to Nine9 a number of years ago.

One of the most exciting business trends that Anthony Toma has seen is that starting a new company doesn’t require a million dollars like it used to. The internet has enabled people to start with little to no money and find success. This evolution of the world of business has led to a great many products and services that have never been seen before and read full article.

Anthony Toma calls Nine9 an Unagency because it’s unique in the world of acting and modeling. His company represents the overwhelming number of people who don’t have an agent working for them. Nine9 has a website with cards featuring all of the people they have as clients. The company also uses cutting edge technology that can alert people 24/7 on their smartphones if their software finds a good match for them and upcoming casting calls and Nine9 of Facebook.

Another way Nine9 helps its clients is by holding monthly industry workshops. Also attending these workshops is industry leaders who make the decisions on who to hire for parts. Another way they help clients is by providing a talent evaluation process that picks out the clients best attributes and talents and what Nine9 knows.

 

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How is Andrew Rolfe’s Ubuntu Fund Changing The World?

If you look at how non profits work you will find one string that attaches them all together: a noble purpose. The Ubuntu Education Fund’s noble purpose is to bring education to the poor, at risk, and vulnerable children of the Eastern Cape Province. Specifically, the Ubuntu Fund’s goal is to help out the children of Port Elizabeth who are in desperate need of a better chance at life. Jacob Lief founded the non profit and it has been his tireless work that has made the fund succeed thus far. Still, there is   approach to raising money without dealing with all of the strings that seem to keep benefactors from efficiently donating their money. The Ubuntu Model focuses on quality donations rather than quantity. Jacob Lief said it best, “We now go for high net-worth individuals or family foundations who understand that highly restricted funding isn’t worth our time.” This model has curtailed the amount of donations that the Ubuntu Model is receiving but it has increased the quality of those donations. This was a tough sell on the board but Andrew Rolfe’s leadership and understanding has been a key motivator.

 

In fact, since 2011 Andrew Rolfe has personally donated $100,000 to the Ubuntu Education Fund. His close-working relationship with Jacob Lief and the rest of the non profit has been invigorating what the fund is trying to accomplish. At first the switch to the Ubuntu Model was met with some resistance but now it seems like it will be the next big thing among non profits everywhere. Andrew Rolfe and the Ubuntu Education Fund are seeing revitalized growth and a massively increased impact on their work in South Africa. Jacob Lief’s innovative model might just be the thing of the future.

 

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How is Andrew Rolfe’s Ubuntu Fund Changing The World?

If you look at how non profits work you will find one string that attaches them all together: a noble purpose. The Ubuntu Education Fund’s noble purpose is to bring education to the poor, at risk, and vulnerable children of the Eastern Cape Province. Specifically, the Ubuntu Fund’s goal is to help out the children of Port Elizabeth who are in desperate need of a better chance at life. Jacob Lief founded the non profit and it has been his tireless work that has made the fund succeed thus far. Still, there is   approach to raising money without dealing with all of the strings that seem to keep benefactors from efficiently donating their money. The Ubuntu Model focuses on quality donations rather than quantity. Jacob Lief said it best, “We now go for high net-worth individuals or family foundations who understand that highly restricted funding isn’t worth our time.” This model has curtailed the amount of donations that the Ubuntu Model is receiving but it has increased the quality of those donations. This was a tough sell on the board but Andrew Rolfe’s leadership and understanding has been a key motivator.

 

In fact, since 2011 Andrew Rolfe has personally donated $100,000 to the Ubuntu Education Fund. His close-working relationship with Jacob Lief and the rest of the non profit has been invigorating what the fund is trying to accomplish. At first the switch to the Ubuntu Model was met with some resistance but now it seems like it will be the next big thing among non profits everywhere. Andrew Rolfe and the Ubuntu Education Fund are seeing revitalized growth and a massively increased impact on their work in South Africa. Jacob Lief’s innovative model might just be the thing of the future.

 

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America’s Most Famous Serial Killers

 

The United States has been known for a lot of great things, sports, vacation spots, and unfortunately, serial killers. With so many serial killers in the United States, there are only a few which have become famously known. Below, we have 3 of America’s most famous serial killers to have walked the earth.

 

Gary Ridgway

 

Gary Ridgway made national headlines after being labeled the “Green River Killer” in Washington State. Ridgway’s murder spree spread all around the Green River area where he preferred to target area prostitutes. He was found to be responsible for 48 murders although he confessed to murdering 71. Ridgway was also the first serial killer to have DNA evidence used against him. He currently resides at the federal Penitentiary in Walla Walla, Washington.

 

John Wayne Gacy

 

Nobody thought that John Wayne Gacy could have been capable of becoming let alone fit the profile of a serial killer, until they saw the murder pictures. That’s because he lived a role model life. Gacy was a member of his local Democratic Party as well as his Chamber of Commerce. You might recall seeing him dressed as a clown as the story broke. His clown suit was what he used to lure his victims to their demise. After confessing to 24 murders and being condemned to death, he was executed by lethal injection in 1994.

 

Charles Manson

 

Charles Manson is considered to be the “devil in the flesh.” Starting in the 1960s after Manson formed the “Manson Family” which was a cult following consisting of young, vulnerable women looking for a safe haven. He is most famously known for murdering actress Sharon Tate and three of her friends while at home. Manson then murdered Leno and Rosemary LaBainca for no apparent reason. Manson was originally sentenced to death but his sentence was converted to life in prison after the state Supreme Court in California abolished the death penalty.

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What the clients need to know about social security-David Giertz

It is a sad but common occurrence to see people who are supposed to be pensioners still trying to hold down a job and make a living. These are the things that happen when a person does not plan for their sunset when they are still strong. As investment bankers and other people that work in the sector, it is important to tell your clients all the important things that they need to understand regarding social security. This is according to one of the top investment bankers of the industry, David Giertz.

There are certain things that he thinks people need to understand regarding investing and especially social security benefits on about.me. The first of these tricks that he wants people to understand is the fact that the amount that one will get in benefits depends on their earnings and the manner in which they paid taxes. For instance, when the person makes the mistake of reporting that they are earning less to get fewer taxes; they will benefit less from the social security fund at https://soundcloud.com/davidgiertz.

Inflation is another of the factors that play a role in determining the amount that one will end up getting as security benefits. In most cases, you will find that the inflation rate has doubled since the 90s. This means that before the calculations are made, the figure will be adjusted upwards in order to put into consideration this change. David Giertz feels that these are some of the details that clients and the public in general needs to understand regarding social security benefits. By letting the public know this, you will be fostering better planning.

About David Giertz
David is the senior vice president and a main advisor to the Nationwide Investment Services Corporation. He is based in Columbus Ohio. He has decades of experience when it comes to investment banking and has earned a lot of respect because of it.

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Timothy Armour Leads The Way For The Capital Group

UPDATED May 10th, 2017 – Timothy Armour shares his thoughts on why he thinks Warren Buffett’s popular investment strategy is wrong, read more at cnbc.com.

With more than thirty years of in-depth investment experience, Timothy Armour has taken on the role of chairman of Capital Group

Armour will collaborate with senior members of the firm, Capital Research and Management Company president Rob Lovelace and Capital Group president Phil de Toledo, to carry out Capital’s business undertakings and guiding principles.

Armour, who began his career with the Capital Group in 1983 in The Associates Program, took over as chairman following the passing of former chairman James Rothenberg in July 2015.

Rothenberg joined the Capital Group in 1970 and helped the company expand worldwide.

Tim Armour commented in a statement at the time how deeply Capital Group expressed grief for the loss of their friend and colleague.

Armour also pointed out the company’s strength comes from its collective talents to deliver long-term investment results.

The Capital Group, which was launched in Los Angeles, California in 1931, is recognized as one of the world’s oldest and largest investment management companies and is known for its long-term focus. It has offices in more than 20 cities including London, Tokyo and Sydney.

Moving forward, the Capital Group announced a strategic partnership with Samsung Asset Management to collaborate on global investments and asset management products for the Korean market.

Specifically, the two companies will focus on four areas: investment administration, product supervision, retirement organization and support for distribution channels.

Armour said in a statement that Korea is dealing with statistical challenges with regard to the continuing financial requirements of an ageing population. According to Armour, the company will assist in co-designing investment results for the Korean market.

Independent investment research firm analyst Janet Yang recently gave Capital Global an A rating for maintaining its enduring franchise.

Yang reported Capital Group, with more than $1.4 trillion in assets and more than 7,000 employees, continues its advancement with attention to investing and creating solid long-standing end results.

In her report, Yang stated Capital Global continues to be a shining model of a solid, robust investment culture helped by longtime portfolio managers that include Armour, Lovelace and Darcy Kopcho. She also maintained it is not uncommon for portfolio managers to spend their entire investment careers at Capital Global.

Near the beginning of his career, all with Capital Global, Armour worked as an equity investment analyst on global telecommunications and as an equity portfolio manager. Armour graduated from Middlebury College with a bachelor’s degree in economics.

Keep Reading: You Don’t Have to Settle for Average Investing Returns. Here’s Why

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Philanthropy- A Big Deal for Scottsdale, AZ, Entrepreneur Jason Hope

UPDATED May 10th, 2017 – Read what Jason Hope has to say about the airline industry and how they are utilizing the internet of things for better operations, head over to wingsjournal.com to learn more.

An Arizona native, Jason Hope is a talented entrepreneur located in Scottsdale, AZ, with a commendable passion for giving back to his local community. The generous business leader grew up in Temple and went to Arizona State University where he received a degree in finance. And he also received an MBA from ASU’s W.P. Carey School of Business.

With his passion for technology and giving back to the community through charitable endeavors, such as disease cure and education, Jason Hope is an ardent supporter of his local educational programs. He believes that by supporting students to learn both inside and outside the classroom, he is helping them to develop the skills they require to excel in their academic work and beyond.

Jason Hope’s loyalty to his native hometown Scottsdale, Arizona, has allowed him to support educational institutions that have shaped him to be the responsible man he is today. This desirable quality has also helped to keep him in his hometown over the years.

One of the main missions of Jason Hope is to create an opportunity for all students to access quality education by giving underserved schools and students in Phoenix opportunities that they really deserve. He believes that every child has a right to education and the financial ability of their families should not be a reason to deny them this fundamental right. Hope recently surprised many people when he proved his commitment to support needy students by making a substantial donation to Teach for America’s Phoenix Chapter that helps Sponsor A Teacher program of this organization to achieve their objectives of making education accessible to all. This program ensures that the organization can recruit, train, and support their Phoenix corps. Jason Hope has had several opportunities to witness the impact of his donation and moral support through classroom visits.

Jason Hope is not only a devoted supporter of education, but he has been involved in many other charitable endeavors. One of his passions is the research done at SENS Foundation, an organization that is involved in anti-aging research. Hope says that this organization has attracted his attention since they are interested in helping people to have a longer, better quality of life. Other than SENS, Jason has worked with many charitable organizations, such as Boys $ Girls Club of Metropolitan Phoenix, Mark Wahlberg Youth Foundation, Arizona Science Center, and Leukemia & Lymphoma Society’s Desert Mountain States Chapter, and Tony Hawk Foundation, to name just a few.

Keep Reading: http://www.prnewswire.com/news-releases/internet-entrepreneur-jason-hope-pledges-half-a-million-dollars-to-sens-foundation-111625034.html

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The Amazing Features on the Real Estate in Miami Beach

The amazing features in Miami Beach make the real estate business much interested. The miles of splendid shorelines incorporated by parks, global-class dining, greens, shopping, art and culture, makes Miami Beach one of its kind. A ribbon of Atlantic sand along the seven square mile city, making it great to visit the place. Biscayne Bay lay on the other side while facing the great Miami’s Intracoastal Waterway islands. The recorded scenery of Miami Beach reflects the chronicled setting of Southern Florida, in addition to the restoration of the zone that begun in the 1930s and preceded in the late 1980s.

Miami Beach is a city with a combination of key past encounters hence making an attractive place. Spotless and cool lines of Art Deco Historic District, plus the reputation of South Beach have turned out to be popular each and every day. Miami Beach Real Estate is in this manner a typical component with numerous financial specialists taking after the zone’s trends consistently.

Samuel Strauch is an approved real estate administrator in Florida for quite a while and currently operating with Affinity Realty Group Inc inside Miami Beach. Mr. Samuel has completed trades in various regions including Miami, Aventura, Sunny Isles Beach, Hollywood, Miami Beach, and Margate. HomeLight analyzes Samuel as one of the primary 12% of real estate experts in Miami Beach for successfully selling homes and also one of the main 16% of administrators who tackles his trades rapidly.

HomeLight has possessed Samuel’s data on 38 trades he completed from 2009, with 7 having been finished in the past two years. Samuel Strauch usually represents 78% of time ratio for purchasers, despite the fact that has moreover completed 8 trader trades during that time. Samuel Strauch has been by far productive within Miami Beach whereby he has effectively finished exchanges worth huge of dollars. With the high increment of real estate with Miami Beach, Samuel Strauch star in the segment has kept on sparkling.

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