Here we present discussions of private or public funds, their management, and the financial system that serves them. And, as with mostother topics, we want to know the impact of politics across state and global markets.

Medical Malpractice in the US and Other Countries

Experts will tell you that medical malpractice occurs when medical personnel or health care providers do not follow the recognized professional standards of the practice in the delivery of their service. It is true that different situations arise in medical emergencies which are not covered by the accepted standards or regulations. However, negligence or malpractice is recorded when a medical practitioner does not follow the same or similar protocol in which a reasonable and prudent professional colleague would have followed being in the same or similar situation, according to the Frank Jenkins Law Office.… [Read more]

Tips for Surviving an IRS Audit: It’s Never Too Early to Plan

They are the words that no tax-paying American wants to hear: “You’re being audited.” Paying taxes and preparing your tax return every year can be frustrating enough. However, if the IRS chooses to audit you, it can be a dreadful experience.

Even if you feel confident that you covered every detail and all of your deductions are accurate and legitimate, it’s still very easy to second guess yourself and worry about what an audit might uncover.… [Read more]

Financial Literacy Gap among U.S. Students

American students have been found to be way too behind in the financial literacy arena. According to a recently conducted study, U.S. students’ financial literacy scores were below average. Although this study was for high school students, the findings among students beyond high school was the same. While students are pushed to towards higher education, in spite of them being unable to afford it, they make some very basic mistakes due to their lack of understanding regarding finances – and this ends up costing them even later on in life.… [Read more]

Affordable Care Act and Taxes for 2015

Since the Affordable Care Act took effect in 2010, the number of uninsured Americans has dropped from 18 percent to 13.4 percent at the end of the 2014 enrollment period, according to a Gallup poll. The law has had its ups-and-downs, but appears to be working the way Congress and President Barack Obama envisioned it.

Each year more provisions of the law go into effect.… [Read more]

Green Greed: Biggest Money Scandals of 2014

Money is often said to be the root of all evil, and from cartoon villains, to real life businesses, scandals involving big bank accounts and lawsuit settlements with advances, can devastate the economy and many different businesses. There was no shortage of scandals involving large amounts of money in 2014. Let’s look at a few of the most outrageous.… [Read more]

Why Are More Americans in Need of a Budget?

Financial woes are burdening the majority of Americans, which is why it’s more important than ever for people to get their budgets on track.

If you’re a victim of today’s sluggish economy, then it’s time to turn things around by making your personal budget your top priority.

With money management in mind, here are just a few tips that will help you steady your budget and make your money last longer:

Personal Budgets and the Economy

If you’re still feeling the fallout from the financial crisis of late 2007 and 2008, you’re not alone.… [Read more]

Bank on Better Savings

This article looks at how Americans can get better returns on their banking investments. Are more people using credit unions? If your bank offers low interest returns on savings accounts etc. is it time to move to another one? Many banks collected an enormous amount of fees from customers yearly. How can consumers cut down on these?… [Read more]

How Does Your Credit Score Measure Up?

Do you know what your credit score is? Do you at least have a ballpark figure? We all have far too many numbers to memorize in life to keep all of them around for instant recall, but your credit score is probably among the more important ones to know.

I’m not here to tell you how a credit score is calculated; frankly, there’s a lot that goes into it, and even financial experts are occasionally in disagreement about which factors actually influence your score.… [Read more]

Is Health Insurance Ever Going to Be Perfect?

Hearing the words “Obamacare” and “Affordable Care Act” strikes confusion into the minds of many Americans as the quest for the best health insurance plan continues for many.

People hear these terms and how health care and health insurance will be affected, but often times the outlook and options are misunderstood. The public wonders if health insurance will ever be perfect and what their coverage will look like in a few years.… [Read more]

The State of the Mortgage

Looking to buy a home? Believe it or not, it might be easier than it’s been during the last two decades to secure a mortgage from financial institutions.

According to a survey of senior loan officers commissioned by the Federal Reserve, at negative 18.3 percent, the net percentage for prime mortgages was the lowest it’s been since the central bank started tracking it in 2007.… [Read more]