A promissory note is a written promise to pay money that one person (the “maker”) gives to another (the “payee”). A cognovit note is a promissory note in which the maker acknowledges a debt with the understanding that, if the debt is not repaid, a court may order a judgment against the maker without the [...]
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The Art of Money Getting In 1880, P.T. Barnum wrote: (con’t) Young lads regret that they are not men; they would like to go to bed boys and wake up men; and to accomplish this they copy the bad habits of their seniors. Little Tommy and Johnny see their fathers or uncles smoke a [...]
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The Art of Money Getting In 1880, P.T. Barnum wrote: (con’t) True economy consists in always making the income exceed the out-go. Wear the old clothes a little longer if necessary; dispense with the new pair of gloves; mend the old dress; live on plainer food if need be; so that, under all circumstances, [...]
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The Art of Money Getting In 1880, P.T. Barnum wrote: In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money. In this comparatively new field there are so many avenues of success open, so many vocations which are not [...]
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Last week, we talked about Fighting Words. Remember? We talked about the Declaration of Independence and “life, liberty, and the pursuit of happiness”. Well, since then, the Pew Research Center released a startling and sobering new study stating that the median wealth of White households is now 20 times that of Black households, and 18 [...]
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Reverand Al Sharpton wrote on the issue. The Pew Research Center’s new study stating that the median wealth of White households is now 20 times that of Black households, and 18 times that of Latino households.
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Each year we celebrate Father’s Day. So, I want to give a shout out to the fathers out there who are making things happen. Fatherhood is important, fun, scary, and often times challenging. I have been blessed with three beautiful children. There are some things that my children absolutely know. . . .They are [...]
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A few years ago, Congress passed a law requiring all tax-exempt organizations, even the smallest ones, to file an annual return with the Internal Revenue Service. Any organization that does not file for three consecutive years automatically loses its federal tax exemption. Churches and some church-related organizations are among the few exceptions. Well, last week, [...]
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