AMERICANS AND THEIR DEBT: RIGHT-SIZING FOR THE '90S
- Rising household debt: Its causes and macroeconomic implications-a long-period analysis. Barba, Aldo; Pivetti, Massimo // Cambridge Journal of Economics;Jan2009, Vol. 33 Issue 1, p113
The article analyses the rise in household indebtedness from the point of view of its causes and long-run macroeconomic implications. The analysis is focussed on the US case. Differently from life-cycle interpretations of the phenomenon, and from interpretations in terms of erratic deviations of...
- Rising Consumer Debt: For Better...or for Worse. Silvia, John E.; Whall, Barry // Challenge (05775132);Jan/Feb88, Vol. 31 Issue 1, p55
The article discusses the ratio of consumer debt to that of income in the United States and its effect on the national economy. Demographics is a dominating factor leading to the upward trend in the ratio in the postwar period. The life-cycle view of consumer spending shows that consumption...
- Don't Lose It: Seven Tips. Quinn, Jane Bryant; Ehrenfeld, Temma // Newsweek;8/27/2001, Vol. 138 Issue 9, p38
Offers tips on personal finance and debt. Idea that one must change spending habits and attitudes about credit cards; Suggestion to save for retirement, pay off high-interest credit cards, and start an emergency fund; Recommendation that one not borrow against the mortgage to pay consumer debt.
- Pushed off the financial cliff. // Consumer Reports;Jul2001, Vol. 66 Issue 7, p20
Focuses on credit-counseling services. Bankruptcy reform bill in the United States, which would require all those considering bankruptcy to be briefed on the credit-counseling option and would make it harder for debtors to get a fresh start; Whether credit-counseling agencies can service the...
- 10 REASONS BOOMERS NEED TO BE IN YOUR 2012 PLANS. // Senior Market Advisor;Jul2012, Vol. 13 Issue 7, p29
The article presents several reasons why the baby boomer generation should be included in a financial advisor's 2012 plans. One reason is that the over-50 crowd will grow by 21% in the next 10 years. Next reason is that boomers buy a lot of things, outspending the under-50 crowd by 400 billion...
- Talking to Clients About Overspending in Retirement. Parker, Zachary S. // Wealth Channel Magazine;Winter2012, p18
The article offers recommendations for financial advisors to warn their clients against overspending in retirement. It suggests ways for preventing overspending in clients which include changing spending behavior, and working for a longer period of time and stresses advisors to recommend their...
- Americans spend more than they earn. Why should you save? // Weekly Reader News - Edition 4;2/24/2006, Vol. 87 Issue 19, p4
The article focuses on the tendency of majority of Americans to spend more than they earn. As a result, they now resort to use credit cards to make purchases. This trend depicts the lack of savings of the majority of Americans. One reason for the said trend is the pressure to spend and buy....
- OUR COUNTRY -- DEBT. // Canada & the World Backgrounder;Dec2004 Supplement, Vol. 70, p34
Presents information on the status of the government debt in Canada as of December 2004. Household debt level; Impact of consumer spending on government debt; Factors that affect government debt.
- The CCA gets an overhaul. Card, Frank // Credit Management;Mar2004, p34
Summarizes the key changes to the British Consumer Credit Act 1974 made in 2003. History of the law; Scope and application; Changes pertaining to consumer information; Ways of addressing undue surprises at post-purchase; Unfair trade practices addressed by the amendments.