Surprisingly, starting up a business is a common occurrence during economic recessions. As many people are laid off or their companies fail during an economic downturn, it’s not uncommon that some people say “now is the time to start a business.” This is a phenomenon that was somewhat absent during the recession in the late 2000s, largely driven by the …

I have a love-hate relationship with banks in general. While Banks have a long and questionable history, it is unquestionable that they’re a cornerstone institution in our society. That role isn’t only held by “bank banks”, but also by credit unions and assorted depositories of various types. Ultimately when I say bank going forward, you can assume we’re talking about …

Inflation and home prices have made the news in spades this year. In Longmont, CO, over a dozen homes have sold for well over $100,000 in asking price, and that was after the list price for properties had increased by double-digit percentages since January. In other news, inflation continues to rear its head, with the CPI this month reflecting a …

In the United States, we have a number of financial safety nets. Social Security, originally known as “old age, survivors, and disability income”, assorted forms of unemployment insurance, and various programs such as SNAP and WIC for supplemental nutritional support. While these can be hotly debated and contested, today we’re going to set aside the politics and talk about the …