Archive for July 2020

Recovery: COVID-19 First, Then the Economy   The World Health Organization recently reported that while some countries have made effective inroads to contain COVID-19 within their borders, the pandemic is still well on the rise throughout the world.1 Perhaps one of the most debilitating impacts of today’s global economy is that one country’s problem is now…

Dealing with Financial Hardship   A recent poll found that nearly one out of every five Americans are experiencing financial hardship due to the COVID-19 outbreak and subsequent lockdowns.1 With reported infections soaring in recent weeks, financial stress could affect even more citizens as various areas of the country struggle to contain the pandemic.   However,…

What the Increasing National Debt, Deficit Could Mean for You   If you’d like to see a snapshot of what’s going on with national debt versus revenue, check out the U.S. Debt Clock. While there’s a lot moving on one screen, you can take a look at individual blocks to see how much the U.S. takes…

In 2000, actors Helen Hunt and Kevin Spacey starred in “Pay It Forward.” The premise of the film is that a person repays a favor by offering small acts of kindness to more people. This concept of paying it forward leads to an exponential movement of goodwill.   Social Security works a bit like that.…