Tag Archives: personal finance

(899) Debt, debt collection & African Americans

ppbDebt, poverty’s nasty sibling, is the topic of an ongoing series in US magazine ProPublica.  In part four, linked below, the effect of debt and debt collection on African Americans is examined.  A particular suburban field-of-dreams is mentioned.

Why small debts matter so much to black lives. Due to the racial wealth gap, black families have far less in savings than whites. The consequences can be far-reaching and often severe

(888) Student debt republic

US student debtLess-than-the-best housing is an up front tactical issue for students. A deferred, strategic issue, and probably the more socially worrisome of the two, is the enormous debt they can wind up carrying.  Not a pretty trillion-dollar picture in America.

Where do Americans have the most student debt? A new map tracks the growing crisis down to a zip code citylab.com

Student debt can hurt women more than men. A loan can be more financially painful for women, whose pay doesn’t grow at the same rate as men bloomberg.com (video 5:07)

(861) Tom & Mary

2983227746_b222448175_zElection 42 is peaking as we write.  What a doozy: far too long and no attention for poverty.  Too much focus on personalities.  And wasn’t that a Tory Prime Minister flaunting his relationship to track-suited one-time wild man Rob Ford at some kind of rally in Etobicoke the other day?  We certainly heard about the economy a fair bit over the last several weeks.

Lowest point: the high level disinterest in the women’s issues debate.  Highest point: …uh, we’ll get back to you on that.

Setting aside the big picture, waiting for the polls to come in all across our very wide nation we can zoom in on one particular economic situation in search of Canadian reality.  Think we’ll forward this to the legal department. Tax evasion advice from a major newspaper?  Don’t know, maybe?

How a couple with a net worth of $10 million and annual income of $215,000 can pay $0 in income tax
financialpost.com

image: Philip Bond via FLickr/CC

(726) Time to try something different

6040480574_ea6feb4846_zTime and money in the 905: it’s amazing the stranglehold car commuting puts on us.  In Brampton, a family is trying to work  around the weighty inevitability of it all.  Coincidentally, the Toronto Star looked at their efforts right at the time of the Toronto International Auto Show, a major fest of cool cars and long payment plans.

Car-less in the 905. One family’s quest for automotive freedom. A Brampton family dares to exercise its options and trade two cars for more time together

Nobody is saying the car economy is exactly over.  Just that change is coming and change is possible…

6 reasons why cargo bikes are the next big thing
grist.org

Realize, you may not always get a thank you note along the way…

My life as an, um, activist
raisethehammer.org

One dad’s Twitter photo essay on his daughter’s perilous walk to school
streetsblog.org

See also: (179) Automobituary

image: wyliepoon via Flickr/CC