A Mexican immigrant, Victor worked for a coffee shop in the U.S. for 7 years and then tried to start his own shop. Turned down by conventional lenders due to a lack of credit history, he obtained a $5,000 loan from the microfinance organization Kiva.org. Five years later, he now has three thriving shops.
One of my associates has had to cancel and replace her debit card twice in the last three months due to fraudulent charges. Luckily her bank’s security algorithms caught on quickly that jewelry store purchases made 1,000 miles from her home were suspicious (the first time), and that she was unlikely to have charged $500+ at a truck stop in Utah (the second time).
A few weeks ago, I posted about making smart Social Security decisions to optimize your lifetime and retirement income.
Whether you collect fine wine or folk art, baseball cards or bone china, comic books or classic cars, valuation can be a tricky business. Market fluctuations, economic conditions, popular trends, and the course of history can all influence whether a collection accrues value as an investment, or retains more sentimental than monetary value over the years.
In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pajamas. Gone are the notions of banking hours, and the never-ending lines when you want to deposit your paycheck.