CONSUMER BUZZ | Elder Financial Abuse: Scams to Know and to Avoid

            Elder Financial Abuse:  Scams to Know and to Avoid By Raine! Bee   According to Wikipedia, elder abuse is “a single, or repeated act, or lack of appropriate action, occurring within any relationship where there is an expectation of trust, which causes harm or distress to an older person.”  It goes on further to define financial abuse as the “..illegal or unauthorized use of a person’s property, money, pension book or other valuables..”   Scams, cons, fraud, identity theft, these are just a few of the terms used to describe what happens when an […]

CONSUMER BUZZ | The American Dream

  The American Dream By Raine! Bee       I recently read an article that talked about the top ten cities where the “American Dream” still exists.  One of the main ideologies of the American Dream is owning a home.  Yet, with the skyrocketing cost of houses, coupled with the down payment and documentation requirements, owning a home remains elusive for a lot of Americans.  One of the cities included in the top ten list was Washington, D.C.  According to the real estate network company Zillow, the median sales price for a home in Washington D.C. was $490,100 as […]

CONSUMER BUZZ | Check Yourself Before They Wreck Yourself

Check Yourself Before They Wreck Yourself By Raine! Bee The holidays have come and gone, the money is spent, and friends and loved ones are enjoying their gifts.  It should be a joyous time for all but, alas; we’re informed that one of the country’s leading retailers was the victim of a security breach.   Yes, I’m talking about Target (aka Tar-Jay).  Target’s customer database was hacked during the height of the holiday shopping season.  Millions of customers who recently shopped there may be impacted.  In fact, yours truly was an unwilling victim.  From what I’ve read and been told by […]

CONSUMER BUZZ | ‘Tis the Season

‘Tis the Season by Raine Bee The 2013 Holiday Season is in full swing!  Whether it’s Christmas, Hanukkah, Kwanzaa, or any other religious or cultural holiday, more likely than not the season is overshadowed by the spirit (obligation) of gift giving.  For the kids in your life, most likely their wish list is a mile long.  From Barbie dolls, to Furbies, to video games, you name it, there’s no shortage in the toys/gifts arena.  As I started thinking about what to get my own children this year, I was frustrated over the “they have everything” dilemma.  Nonetheless, despite this dilemma, […]

FINANCIAL BUZZ | Shut-Down or Shake-Up

Shut-Down or Shake-Up by Raine! Bee   At a time when the United States, one of the richest countries in the world, came close to not being able to pay its debts, it brings to wonder how the average American can pay his share of debts in this troubling economy.  With the lure of “easy money” – credit cards which tout “no-interest” or “low-interest” financing, it’s no wonder that few Americans pay for goods or services with the almighty dollar.  Financial Advisor Suze Orman once said if you can’t pay with cash, then you can’t afford the item.  Sadly, for […]