Is bird-nesting a fad? Is it a new trend that changes the game? Is it something you want to do after your divorce or can you not imagine how it would ever work?People have a lot of questions about bird-nesting, as it's relatively new. Let's explore what it means, why...

Month: February 2020
Are you the only person without a savings or retirement account?
You've probably heard this before: You should have enough money set aside at any given point to cover at least three months of your bills. Six month's worth of income sitting in the bank, of course, would be better.If you constantly have "too much week left" after...
Understanding lifestyle creep and debt
Say you make $30,000 a year and you are living from one paycheck to the next. Your debt keeps getting worse. All you can think is that you need more income. If you made $100,000 a year, you'd never have to think about money.Unfortunately, this is not always how it...
What kind of remedy is ‘specific performance’ in contract law?
Despite the old saying, promises are not meant to be broken -- especially when those promises are part of a contract. But what can you do when someone breaks a contract with your company?If the breach is serious, or material, you have legal options. Depending on the...
What are the different types of buyout arrangements that exist?
Many individuals who decide to go into business here in Oakland County do so with the expectation of simply making money to cover their necessities. Many entrepreneurs dream about someone wanting to buy their company. If someone has approached you to purchase your...
Understand the financial obligations and challenges of a divorce
Your marriage is unhappy, and you want out. Now, you just need to understand what it takes to make that happen. Part of that process is making certain that you fully recognize the financial consequences of a divorce and are prepared for them.Here are some of the...
What corporate structure is best for attracting investors?
When you have a business idea, it's common for you to want to hurry and start advertising your services so that you can get them in front of potential customers. You may find the thought of having to incorporate your business cumbersome, especially when you simply...
Bankruptcy happens for this reason more than any other
Think about why people file for bankruptcy, and what reasons come to mind first? Poor spending habits? Bad investments? Bad business decisions?These things can and do play a role. But they are not the main reasons why people end up filing. The reality is that it's a...