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Financial Exploitation

Experts agree that financial exploitation of older people is a problem that is growing as America ages, and that it is significantly underreported.  While some high-profile examples have been widely reported, financial exploitation tends to be a hidden crime and, within families, victims don’t want to prosecute. AARP recently published an article by John Rosengren […]

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What Defines Middle Class?

The short answer is: it depends on where you live.  According to a recently updated income calculator, developed by the Pew Research Center, a nonpartisan fact tank that informs the public about issues, attitudes, and trends shaping the world, a before-tax salary of $37,106 for a three-person household is considered middle class in Jackson, Tennessee, […]

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Cost-plus Pricing

Cost-plus pricing is a pricing strategy in which the selling price is determined by adding a specific dollar amount or percentage to a producer’s relevant costs.  This pricing protocol is typically used where the provider is a regulated monopoly, such as a public utility, or there is essentially a single-buyer, such as the defense department. […]

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Winners and Losers

In order to address a housing affordability issue, in one of the world’s hottest housing markets, New Zealand is restricting non-citizens from buying existing homes.  Trade Minister David Parker said, “this government believes that New Zealanders should not be outbid by wealthier foreign buyers.” Sounds like great news for New Zealanders looking to buy a […]

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