Los Angeles may be known for its beach living and celebrity-infused backdrop, but it was once a farm town. The hillsides were covered in citrus orchards and dairy farms, and agriculture was a major industry. These days, although L.A. is urbanized, the city’s overall landscape has re-embraced a local, sustainable, and seasonal philosophy at many levels. Read more
Having the right insurance policies in place can soften the blows from unexpected events that would otherwise mean financial catastrophe for you and your family. But if you’re like many people, you may not fully understand all the policies you have, let alone whether they’re adequate to meet your needs.
Here are some tips to help you assess your current coverage and decide whether you need to make any changes. Read more
Parents Can Be Generous Without Turning Children Into Entitled Little Terrors
You want to give your children everything. But sometimes you can go too far and create a spoiled, entitled brat.
The consequences can be severe: In addition to acting like whiny complainers now, spoiled children are more likely to grow into financially dependent, irresponsible adults plagued by overspending and debt.
“Some parents want their children to have everything for free,” says Katherine Dean, managing director of wealth planning at Wells Fargo Private Bank in San Francisco. “But the real world doesn’t work that way.”
Financial advisers and therapists suggest various ways to avoid spoiling your children. Read more
At LDSAgents.com we frequently encounter young clients who cannot qualify for a home loan due to high student debt.
“As students graduate with more debt than ever, those with student loans are getting worse credit scores and taking out fewer mortgages. At the same time home ownership rates among younger Americans sink to historic lows. College students who took out loans will graduate this year with an average of $33,000 in student debt, Read more