#finances personnelles

[raphaelbattu]

Planification financière et gestion de fortune : pas pour moi ?

Une chose est sûre : investir à long terme en bannissant la spéculation de court terme est l’une des méthodes les plus fiables pour faire croître un patrimoine. Si en plus vous évitez de vous conduire en girouette avec vos placements pendant ces longues années, vous pourriez assez facilement obtenir une rentabilité intéressante et supérieure à la moyenne de vos amis et de vos collègues. Cela…

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#conseiller financier #crise #épargne #épargne à long terme #finances personnelles #indépendance financière #investissement dans la valeur #liberté financière #long terme #maretraite #mini-retraite #objectifs #placements #planificateur financier #planification financière #prévoyance #retraite #retraite anticipée #souhaits #stratégie d&039;épargne #value

[credite-moi]

4 home remedies for removing berry stains from clothes {on Stain Removal 101} https://www.pinterest.com/pin/148407750214096540/

#finance #finances #finances personnelles

[fricaufeminin]

 Minimalisme financier : Comment faire mieux avec moins

Découvrez comment faire mieux avec moins en adoptant le minimalisme financier ! Et soyez inspiré.e par l'exemple de Charlotte

Et si le minimalisme financier et la simplification de nos modes de vie étaient les voies les plus simples pour nous aider à devenir libre financièrement…. Personnellement, je n’en doute pas… La vie m’a appris que le succès et la quiétude résident dans l’équilibre et la simplicité. Et ceci quels que soient les sujets ! Alors, je vous propose aujourd’hui de découvrir le témoignage de Charlotte…

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#améliorer sa relation à l&039;argent #education financière #finances personnelles #frugalisme #La Liberté Financière #minimalisme #Se libérer

[oreilletendue]

Réussite titrologique du jour

Dans le français populaire du Québec, qui rompt (une relation amoureuse) casse (avec le ci-devant être aimé). Qui a peu d’argent est cassé (parfois comme un clou). Quand on casse, on peut se retrouver cassé(e)(s). Titre de la Presse+ du 6 août 2023 : «Comment casser sans être cassée.» Bravo et merci.

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#définition #expressions #finances personnelles #français #langue #langue française #langue québécoise #lexique #québec #québécisme #sens #vocabulaire

[smithleonardo]

Comment démarrer une petite entreprise | Finances personnelles

Comment démarrer une petite entreprise | Finances personnelles

Le démarrage d’une entreprise peut être une période passionnante pour les entrepreneurs – une période pleine de grands rêves pour l’avenir. Mais démarrer une entreprise comporte également des risques importants et nécessite un gros engagement (en argent et en temps) pour réussir. Bien que démarrer une entreprise puisse sembler écrasant, suivre ces étapes peut vous mettre sur la voie du…

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#Antonio Barbera #argent #Beth Bravermann #Finances personnelles #petite entreprise

[marko-dwight]

Que sont-ils et pourquoi sont-ils importants ?

L’équipe éditoriale de Select travaille de manière indépendante pour examiner les produits financiers et rédiger des articles que nous pensons que nos lecteurs trouveront utiles. Nous gagnons une commission des partenaires affiliés sur de nombreuses offres, mais toutes les offres sur Select ne proviennent pas de partenaires affiliés. En matière d’investissement, vous avez probablement entendu…

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#Approuvé pour Apple #Charles Schwab Corp #Des fonds négociés en bourse #États-Unis #finances personnelles #Les dépenses de consommation #Select_Advice #Select_Monétisé #Services de carte de crédit

[mostlysignssomeportents]

Biden set to appoint mass foreclosure cheerleader to the Fed

Personnel are policy, something that the Biden administration has proved again and again since the 2020 election. Biden himself is a kind of empty vessel into which different wings of the Democratic party pour their will, yielding a strange brew of appointments both great and terrible.

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/03/06/personnel-are-policy/#janice-eberly

On the one hand, you have progressive appointments like Jonathan Kanter at the DoJ and Lina Khan at the FTC, leaders who are determined to challenge and curb corporate power:

https://pluralistic.net/2022/01/10/see-you-in-the-funny-papers/#bidens-legacy

On the other hand, you have deferential leaders like Pete Buttigieg, who fill their own staff with status quo counsel, and then let those timid corporate apologists run the show, leaving the substantial enforcement powers of a powerful agency to gather dust:

https://pluralistic.net/2023/01/10/the-courage-to-govern/#whos-in-charge

While the Democrats’ anti-corporate wing got to drive the administration’s competition agencies, the corporate wing has enjoyed near-total dominance over finance regulations (with notable exceptions, e.g. Rohit Chopra), starting with Trump’s Jerome Powell, a bloodletting monster happy to shovel workers into their bosses’ crushers all day long:

https://pluralistic.net/2023/01/19/creditors-vs-workers/#finance-colored-glasses

Corporate Dems continue to flex their muscle. A seat has just opened up on the Federal Reserve Board, and the WSJ is pretty sure the seat is going to Janice Eberly, a corporate ghoul who helped Obama Treasury Secretary Timothy Geithner steal Americans’ houses on behalf of the bankers who destroyed the world economy in 2008:

https://www.wsj.com/articles/white-house-considers-two-economists-for-fed-vice-chair-58f13344

A quick refresher: Obama inherited the Great Financial Crisis, a massive global asset crash that followed from a decade of real-estate and derivatives deregulation that saw the world’s largest banks issuing mortgages they knew would fail, and then placing massive bets on “collateralized debt obligations” that were supposed to offset the risk.

The banks gambled trillions, nearly destroyed the world’s economy, and then blamed it all on reckless borrowers — mortgage holders who had been mis-sold predatory mortgages that were designed to trigger defaults thanks to low “teaser rates” that later “ballooned” into monthly payments the banks knew the borrowers couldn’t afford.

Geithner was Obama’s go-to guy for the GFC. It was under his leadership that billions were handed out to the banks to bail them out and keep them solvent during the crisis — and it was also under his leadership that bank execs were able to pay themselves millions in bonuses using that public money.

When the banks were in trouble, Geithner leapt into action. When the banks’ customers faced crises, he was MIA — especially during the foreclosure epidemic that followed, as the banks stole our homes out from under us, often forging the paperwork. No bank was seriously punished for this policy.

Back to Janice Eberly, who served as Geithner’s assistant secretary of the Treasury for economic policy — his hatchet-woman, in other words. Now, sometimes people in senior government roles stick around because they disagree with their bosses and want to mitigate the harm of their bosses’ policies.

That’s not why Eberly took the job. In 2014, she and Arvind Krishnamurthy co-wrote a Brookings Institute paper called “Efficient Credit Policies in a Housing Debt Crisis,” that explained why Geithner had it right all along — bailing out the banks and leaving homeowners in foreclosure is ��efficient”:

https://www.brookings.edu/wp-content/uploads/2016/07/fall2014bpea_eberly_krishnamurthy.pdf

Writing in The American Prospect, Max Moran from the Revolving Door Project breaks down “Efficient Credit Policies,” explaining how Eberly’s stated views should disqualify her from sitting on the Fed board, especially as we teeter on the brink of a deep financial crisis:

https://prospect.org/economy/2023-03-06-janice-eberly-fed-nominee-mortgage-crisis/

The first thing you need to understand here is HAMP, the Home Affordable Modification Program, which received the $100b Congress allocated to help homeowners whose mortgages were “underwater” — that is, whose houses were worth less than they owed for them.

That money could have gone to “principal reduction” — that is, to paying off part of your loan. If you owned $350,000 on a house that was now worth $300,000, the Feds could give the bank $50k and you wouldn’t be underwater anymore. The FDIC proposed just this, in a plan that would have required homeowners to pay back the US government if the price of their homes rebounded.

If you want to keep Americans from losing their homes, principal reduction is a straightforward and reliable approach. But the banks hated this — and that meant Geithner wouldn’t do it. Banks don’t like principal reduction because it means that they’ll lose out on future payments: reducing your principal by $50k now means that the banks won’t get hundreds of thousands of dollars over the 30 years of your mortgage.

Using the money for principal reduction would have meant the banks’ balance sheets would have looked a little worse — which, as Moran points out, is a perfectly fair outcome for banks that had just come close to destroying the world economy, especially since many of these underwater borrowers were destined to lose their houses and would never make those payments.

But Geithner didn’t do principal reduction. Instead, he did HAMP, which was just a way to temporarily lower borrowers’ monthly payments so they could stay in their homes. Geithner sold Obama on this plan, convincing him to renege on his election promise to support a “cramdown” on the banks, which would have saved homeowners:

https://www.propublica.org/article/dems-obama-broke-pledge-to-force-banks-to-help-homeowners

HAMP was full of the kinds of complex requirements and paperwork that the professional managerial class love, rules that made it almost impossible for homeowners to invoke HAMP and improve their payments. Meanwhile, the banks got “investor incentive payments” that let them take in public money even as they foreclosed on the public:

https://www.irs.gov/newsroom/principal-reduction-alternative-under-the-home-affordable-modification-program

HAMP was a disaster. Almost no one managed to use it, and even among the lucky few who did manage to do so, many were tricked into foreclosure.

https://www.theguardian.com/money/2014/mar/30/government-program-save-homes-mortgages-failure-banks

This is the policy that Eberly and Krishnamurthy defend in their paper: rather than reducing debt, just temporarily restructure mortgage payments. One reason they defend this: it’s cheaper, and Congress didn’t allocate enough money to help everyone who needed principal reduction. But, as Moran points out, Geithner’s anemic response to the crisis caused Congress to claw back $225b of the money allocated to deal with it — enough to do $50k principal reductions for 4.5m households. Under Geithner, HAMP only spent $10b.

But of course, the US government didn’t need to pay the banks off to do principal reduction. They could simply order the banks to take a loss. That’s how lending usually works: lenders who originate bad loans have to eat them — they don’t get made whole by Uncle Sucker.

But when Eberly was working for Geithner, “federal officials convinced themselves this was impossible.” Rather than hold banks to account for their reckless speculation, Geithner announced that he was going to “foam the runway” for the banks, pureeing Americans’ homes to make the foam.

But Eberly’s tenure coincided with the banks’ rebound — by the time she went to work for Geithner, they were rolling in dough, posting massive profits. As @[email protected] put it, “If you force them to eat a bunch of foreclosure losses, maybe a few hundred billion over several years, it probably wouldn’t have been that bad.”

https://www.youtube.com/watch?v=pPLbnr1mxBs

Moran nails it here: “When a bad loan is made, it is both prudent and fair for the lender to bear the most responsibility. They are supposed to be wise stewards of their own capital. Instead, ordinary homeowners who did the least of any actor to cause the financial crisis ended up eating the losses.”

Eberly and Krishnamurthy claimed that Geithner’s policy would be efficient, and that it wouldn’t lead to mass foreclosures. As neoclassical economists love to do, they “proved” this using elaborate mathematical models. And, also in the grand neoclassical tradition, they didn’t bother to check whether their model was correct.

To quote Ely Devons: “If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, ‘What would I do if I were a horse?’”

https://pluralistic.net/2022/10/27/economism/#what-would-i-do-if-i-were-a-horse

Here’s what Eberly and Krishnamurthy missed: the choice to foreclose wasn’t being made by the lenders, they were being made by the mortgage servicer, a kind of consequence-free middleman who made more money by foreclosing on homeowners, even if the lenders lost more money over the long term:

https://www.researchgate.net/publication/228125783_Why_Servicers_Foreclose_When_They_Should_Modify_and_Other_Puzzles_of_Servicer_Behavior_Servicer_Compensation_and_its_Consequences

Eberly and Krishnamurthy barely mention the existence of servicers, but another researcher was keenly aware of them: a law prof named Katie Porter, who delved into the servicers’ role in foreclosure in a report for the California AG:

https://oag.ca.gov/sites/all/files/agweb/pdfs/mortgage_settlement/01-report-waiting-for-change.pdf

Porter identified the servicers’ “dual track” approach to distressed mortgage borrowers: on the one hand, they slow-walked HARP-based changes to payments, and on the other hand, they raced to foreclose on those borrowers who were waiting for their payments to reset.

The servicers’ hunger to throw people out of their homes knew no bounds: they set up massive robo-signing boiler-rooms where low-waged employees forged deeds to plug the paperwork holes created by the high-speed, unregulated speculation on mortgages that precipitated the Great Financial Crisis:

https://www.reuters.com/article/robosigning-plea/ex-mortgage-document-exec-pleads-guilty-in-robo-signing-case-idUSL1E8ML0C120121121

Eberly knew about robo-signing, she knew about servicers, she knew about foreclosures. It was her job to know. But she still wrote her paper defending Geithner’s runway-foaming and all those ruined lives:

Principal reduction can be helpful, but it is a less efficient use of government resources, since it back-loads payments to households that cannot borrow against these future resources to support consumption today, and also because it is most helpful in reducing strategic default, rather than payment-distress-induced default,

This is just means-testing by another name, a fetish for separating the “deserving poor” from “moochers” (AKA “strategic defaulters”). The PMC loves means-testing, but only for poor people. As Moran points out, rich people like Trump use strategic defaults all the time:

https://www.nytimes.com/2016/06/12/nyregion/donald-trump-atlantic-city.html

Elite economists and finance ghouls convinced themselves that helping people stay in their homes would enable waves of crooked “strategic defaulting” but there’s no evidence this was ever widespread — rather, it was a fairy tale that justified mass foreclosure:

https://www.nber.org/system/files/working_papers/w27585/w27585.pdf

Eberly helped throw millions of Americans into the street in order to reward reckless banks, already wildly profitable banks, with even more profit. And far from regretting this, she went on to write elaborate justifications for the cruel policies she helped administer.

The historian Michael Hudson describes debt and debt cancellation as a key determinant of whether a given civilization survives. In every venture, producers have to borrow capital from lenders — farmers, for example, must borrow to pay for seed and fertilizer and labor. When the ventures are successful, the borrowers pay back the lenders.

But not every venture can succeed. There will always be blights, droughts, fires and other risks that can’t be fully mitigated. When failure occurs, borrowers can’t pay back creditors. If you farm long enough, you’ll eventually lose a crop, and have to roll over your debts next year. Eventually, you’ll owe so much that you can’t even make the interest payments.

In the absence of some structured, periodic debt cancellation — such as the Bronze Age tradition of Jubilee — creditors eventually end up controlling the work of the entire productive sector. When that happens, your society stops producing what everyone needs, and instead just makes the things that rich people want:

https://pluralistic.net/2022/07/08/jubilant/#construire-des-passerelles

A civilization can’t survive if all of its farmers are growing ornamental flowers for rich creditors’ villas instead of staple crops. It can’t survive if every productive worker is stuck in a dead-end job or a dead-end place because of medical or student debt.

Personnel are policy. Eberly has explained, in excruciating detail, exactly what policy she favors — policy that rewards reckless speculation by incinerating the life chances of everyday Americans. Appointing her to the Federal Reserve board would be a giant Fuck You from the Biden admin to every person who got their home stolen by a bank.

Tomorrow (Mar 7), I’m doing a remote talk for TU Wien.

On Mar 9, you can catch me in person in Austin at the UT School of Design and Creative Technologies, and remotely at U Manitoba’s Ethics of Emerging Tech Lecture.

On Mar 10, Rebecca Giblin and I kick off the SXSW reading series.

Image: Medill DC (modified) https://commons.wikimedia.org/wiki/File:Timothy_Geithner_in_2011.jpg

CC BY 2.0 https://creativecommons.org/licenses/by/2.0/deed.en

[Image ID: A bombed out neighborhood. Over the crumbling houses is the 'HOPE' wordmark from Shepard Fairey's Obama campaign posters. On the right is the grinning face of Obama Treasury Secretary Timothy Geithner, colorized to match the Fairey posters. On the left is an ogrish, top-hatted capitalist figure, chomping a cigar and disdainfully holding aloft a single-family home between a gloved forefinger and thumb. He stands before a podium bearing the Citibank logo. The podium has a lever in the shape of a golden dollar-sign, which he is yanking with his free hand. He, too, has been colorized in the mode of the Fairey poster.]

#pluralistic #timothy geithner #personnel are policy #evictions #great financial crisis #gfc #foreclosure #foreclosure epidemic #finance #corruption #revolving door project #biden administration #corporate democrats #democrats #janice eberly #federal reserve #the fed #brookings institution #distressed assets #tarp #impunity #no banker left behind #hamp #Arvind Krishnamurthy #economic #Home Affordable Modification Program #moral hazard #incentives matter #mortgage servicers #katie porter

[raphaelbattu]

Parents, que vous coûte les études supérieures de vos enfants ?

“Je suis président des États-Unis et j’ai fini de rembourser mon prêt étudiant il y a 8 ans à peine. Michelle et moi ne sommes pas issus de familles riches, lorsqu’on a enfin été diplômés on était criblés de dettes. On s’est mariés et on est devenus pauvres tous les deux (…) Nous avons dépensé plus d’argent pour notre prêt étudiant que pour l’emprunt de notre appartement les 8 premières années de…

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#épargne #finances personnelles #indépendance financière #liberté #liberté financière #maretraite #mini-retraite #planification #planification financière #retraite #retraite anticipée #temps libre

[credite-moi]

Free Printable: Student Organization Kit - printing this ASAP to help my kids get themselves organized for school! https://www.pinterest.com/pin/36239971993317914/

#finances #économies #finances personnelles

[anotherpapercut]

if you're a sane human being who possesses a reasonable amount of common sense with extra time/a flexible schedule consider applying or nominating yourself to be on a library board

#watching a board meeting rn and holy shit how are these the dumbest people alive #they are for real talking about employees' illnesses! #they also dont understand basic math which should be a requirement i think for the finance and personnel committee #most of them dont actually even use the library #this bitch actually suggested giving some people raises and not others right after saying we're 2 mil under budget #go ahead and try that see how that works out

[fricaufeminin]

Outils de gestion des finances personnelles : mon top 3

Comment se simplifier la vie en adoptant des outils de gestion des finances personnelles libres et gratuits ? ➽ Clique ici pour ✅ découvrir mes meilleurs outils de gestion des finances personnelles et accélère ta marche vers ta liberté financière !😀

Comment se simplifier la vie en adoptant les meilleurs outils de gestion des finances personnelles ? Voilà un chantier qui va créer à coup sûr de la valeur dans votre vie et votre quotidien !!! De plus, maîtriser vos finances personnelles, stopper les fuites dans votre budget et pouvoir vous projeter sont autant d’éléments indispensables pour commencer à franchir pas à pas les étapes de votre…

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#finances personnelles

[v-as-in-victor]

Huh. Things I need to research more, quickly:

"A lender may release the ex-spouse from the loan. If presented with a divorce decree and a quitclaim deed, many lenders will remove the ex-spouse and leave the loan in the name of one spouse only. This is true even for loans underwritten by the Veteran’s Administration (VA loans) or other governmental organizations."

#personal #personnel #finances #divorce bullshit

[babytimemachineface]

mini-jobs rémunérés -

#gagner de l'argent sur internet #entrepreneuriat #développement personnel #finance #le développement personnel

[esnatfinancialservices]

Les Prêts Personnels par Esnat Financial Services : Répondre à vos Besoins Financiers en Toute Confiance

Dans notre vie quotidienne, il arrive parfois que nous ayons besoin d'un coup de pouce financier pour réaliser nos projets. Que ce soit pour des dépenses imprévues, des rénovations domiciliaires, des vacances bien méritées ou toute autre nécessité, les prêts personnels offrent une solution flexible et accessible. Et lorsque vous cherchez un partenaire financier de confiance pour vous accompagner dans cette démarche, Esnat Financial Services se distingue par son engagement envers ses clients et son service de qualité.

Les prêts personnels sont une option de financement polyvalente qui permet aux emprunteurs d'accéder à des fonds rapidement et facilement, sans avoir à fournir de garantie. Chez Esnat Financial Services, nous comprenons que chaque situation financière est unique, c'est pourquoi nous proposons une gamme de prêts personnalisés adaptés aux besoins individuels de nos clients. Que vous ayez besoin d'un petit prêt pour couvrir des dépenses urgentes ou d'un montant plus important pour concrétiser un projet à long terme, nous avons des solutions sur mesure pour vous aider à atteindre vos objectifs financiers.

L'un des avantages distinctifs des prêts personnels par Esnat Financial Services est la simplicité du processus de demande. Grâce à notre plateforme en ligne conviviale, vous pouvez soumettre votre demande de prêt en quelques minutes seulement, sans tracas ni paperasse inutile. De plus, notre équipe dévouée de professionnels est toujours disponible pour répondre à vos questions et vous guider tout au long du processus, garantissant ainsi une expérience fluide et sans stress.

Nous comprenons également l'importance de la transparence en matière de prêts. C'est pourquoi nous veillons à ce que nos clients comprennent parfaitement les termes et conditions de leur prêt, y compris les taux d'intérêt, les frais et les modalités de remboursement. Avec Esnat Financial Services, vous pouvez avoir l'esprit tranquille en sachant que vous travaillez avec un partenaire financier digne de confiance, soucieux de votre bien-être financier à long terme.

En outre, nous nous engageons à offrir des taux compétitifs et des conditions flexibles pour que nos clients puissent bénéficier d'une solution de financement abordable et adaptée à leur budget. Que vous ayez une excellente cote de crédit ou que vous rencontriez des défis financiers, nous travaillerons avec vous pour trouver la meilleure option de prêt disponible.

Chez Esnat Financial Services, nous croyons fermement que chacun mérite un accès équitable aux services financiers et aux opportunités de croissance économique. C'est pourquoi nous nous efforçons de rendre nos prêts personnels accessibles à tous, sans discrimination ni préjugé. Que vous soyez un entrepreneur en herbe, un parent soucieux de la famille ou un travailleur acharné cherchant à améliorer sa situation financière, nous sommes là pour vous soutenir à chaque étape du chemin.

En conclusion, les prêts personnel par Esnat Financial Services sont une solution pratique et fiable pour répondre à vos besoins financiers immédiats. Avec notre engagement envers la transparence, la flexibilité et le service client de qualité, vous pouvez avoir confiance en notre capacité à vous aider à réaliser vos projets, quels qu'ils soient. Contactez-nous dès aujourd'hui pour découvrir comment nous pouvons vous aider à atteindre vos objectifs financiers avec confiance et tranquillité d'esprit.

#prets personnels #prets personnel #personal loans #loans #credit loans #esnat #financial services #finance

[smithleonardo]

Comment démarrer une petite entreprise | Finances personnelles

Comment démarrer une petite entreprise | Finances personnelles

Le démarrage d’une entreprise peut être une période passionnante pour les entrepreneurs – une période pleine de grands rêves pour l’avenir. Mais démarrer une entreprise comporte également des risques importants et nécessite un gros engagement (en argent et en temps) pour réussir. Bien que démarrer une entreprise puisse sembler écrasant, suivre ces étapes peut vous mettre sur la voie du…

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#Antonio Barbera #argent #Beth Bravermann #Finances personnelles #petite entreprise

[carolinehelenc]

La récession est "probable", déclare l'ancien économiste en chef de la SEC

La récession est “probable”, déclare l’ancien économiste en chef de la SEC

Par presque toutes les mesures, le Économie américaine a fait une reprise étonnante après la pandémie de coronavirus ont provoqué des fermetures massives et des licenciements dans tout le pays. Le marché du travail a rajouté des millions de emplois et les salaires ont considérablement augmenté, même parmi les postes les moins bien rémunérés. Mais en plein essor inflation et en hausse rapide taux…

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#actualité économique #Carrières #Des prix #Économie américaine #Emplois #Épargne personnelle #Événements économiques #Finances personnelles #Personnel #Prêts personnels #Stratégie d&039;investissement