Last week I read a Blog post written by Brett Nelson titled “Financial Illiteracy Is Killing Us.” Nelson states that the financial education of our students (High School and College) is extremely poor. As an example of weak financial skills he recounts segments of the 2009 documentary “I.O.U.S.A.” where interviewed Americans couldn’t explain the “trade deficit” nor could they properly quantify the then $8.7 trillion national debt. (The latest data I’ve read indicates that the national debt is now above $13 trillion and is projected to climb to $18+ trillion by 2018.)
Whether an individual can properly explain the trade deficit or quantify the national debt is probably irrelevant in gauging their understanding of basic financial strategy…but I will leave that for another day.
After hours, I paint for art galleries and teach evening oil painting classes at my art studio.
As new students sign up, I review the list of supplies needed for the class with them. I always give detailed information about what supplies to purchase and which ones to avoid, particularly with regard to oil paints. Some pigments can be very pricey, especially those that are metallic pigments such as Cadmium Yellow, Cadmium Orange, Cadmium Red and Cobalt Blue. Small tubes of paint can run about $30/tube.
I can always count on several students going against my instruction because there are many paint manufactures that produce less expensive paints with the very same name or a slight change in the name of the pigment
know about you, but I love speeding, and
my driving record proves it. If I can feel like I’m going fast, I am thrilled. I love racing games, convertibles, motorcycles, anything that lets me feel like I can be speedy.
Unfortunately, this addiction to speed does not end
with motor vehicles. I like to get everything done as soon as humanly possible. Here’s the problem: Sometimes it takes longer to correct the mistakes made while going “fast” than it would have taken if I’d just taken a few precautionary steps.
How many times have you heard your predictive dialer agents complain about being on the dialer because they can’t get inbound calls?
In years past most call centers operated under the paradigm that said outbound and inbound agents are different departments. Sometimes you had customer service and billing agents taking calls on one side of the call center, and the telemarketers and collectors on the other side of the call center; the two never crossing over.cheap kids bouncy castle
I’ve seen the level of animosity between inbound and outbound departments rise to the level not even seen between some college football rivals.
I read with interest a recent editorial posted on InsideARM written by Jerry Ashton, (Guest Blog: Let’s Drive a Stake through the Heart(lessness) of Old Debt” August 17, 2010.) In a nutshell, the editorial referred to the potential “moral crisis” facing collectors and collection agencies that attempt to 000-284 collect aged debt wherein the validity of the debt is uncertain because the debt has been bought and sold by third party debt collectors. In his editorial Ashton states: “As I outlined in a recent blog, “Apply the Golden Rule – or the Rule of Gold? The Creditor and Bill Collector’s Dilemma,” decisions up to this pointcanada goose MonteBello Parka are driven almost entirely by profit. But, at what point are these profits simply not worth the cost wreaked on beleagured and hounded debtors?”
I am a believer in the adage that there are two sides to every story. The subject matter of Ashton’s editorial is no different and I believe the other side deserves some consideration. Mr. Ashton’s mention of the “costs wreaked on beleaguered and hounded debtors” made me mull over; who pays the true cost of unpaid debts? Is it paid by the delinquent debtor by being “hounded”? The person who plays by the rules and pays his or her debts? The general public? You? Me? In all likelihood it is all of the above with the delinquent debtor getting off easy.