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Insolvent

Many individuals are involvent literally around the world due to massive layoffs, becoming redundant, inflation, and over extending their purchases.  There is so much debt  collection for new companies and former small businsses are increasing in size.  There are ads on Facebook all the time about ways to pay off your debt.  The sad part is that credit card bills are so high due to interest and fines if you are late. Some individuals run up their credit card bills, then file bankrupcty. Once they are no longer in debt, they do it all over again. I know a person who has already filed twice to wipe out all of his debt.  He is driving a new electric car and once again owes everyone.  The local pawn shops know him by name. Now enough time has elapsed and he is about to do it again. He owes his attorney over eighteen thousand dollars or nineteen thousand five hundred thirty Euros. If you think about it, it should be labeled as stealing. He files in different states. However, someday he will be caught. In the meantime, all the good paying parties will have higher interest rates because of involvent people.  The debt for college students is outrageous.  The fees are quite high but if you review the salaries of the staff, you will realize that  is the real reason.  Many professiors and heads of colleges and univerities in the states make over one million dollars or one milion eight hundred fifty thousand Euros.  That is a significant income.  It puts a student in debt for life unless they are fortunate to earn a high salary.  I paid for both of my children’s college tuition.  While in Europe, the rates were significantly lower as I am an Irish citizen. I have family members who have been paying off their debt for well over ten years.  In today’s world, being insolvent is frankly a newer way of life, don’t you agree? The Good Gus Series is available online at Kindle, Nook and Waterstones. Hard copies, personally autographed, are available through our website www.goodgusbooks.com along with past blogs for your reading enjoyment. Now available audio and videos for the Good Gus series on YouTube! Digitizing for all the books are available now on YouTube! “Misplaced Trust” is now available on Amazon in e-book form. It is also available digitally at www.misplacedtrustbook.com. If you are thinking of a Will or a Living Trust, “Misplaced Trust” will give you the information you need to make an informed decision. Please check me out on IHeart radio. The Good Gus series, books one through four, are now available at the Morgan Mill Mail/UPS. I am now on  Instagram and Tic Tok!

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