Archive for August 2015

7 bad things about low interest rates

Written by Richard Barrington - 3 Comments

If you have been able to buy a house or refinance a mortgage in recent years, then congratulations. You have been a beneficiary of the Fed’s extraordinary effort to keep interest rates low. For many others though, monetary policy hasn’t been so favorable — in fact, it has cost them dearly. Ostensibly, low interest rates […]

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Published on August 31st, 2015 - 3 Comments
Filed under: Banking,Saving & Investing
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8 questions to ask before lending money to friends

Written by Richard Barrington - 5 Comments

It’s one of the most awkward questions a friend can ask you: “Will you lend me some money?” Awkward for your friend to have to ask, and awkward for you to have to answer. Saying “no” could adversely affect your friendship. However, saying “yes” could also put a strain on your friendship, and your finances. […]

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Published on August 25th, 2015
Modified on August 18th, 2015 - 5 Comments
Filed under: Charity,Family & Life
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