Posts Tagged: ‘Education’

Miami Ranked As One of the Worst Major U.S. Cities for Managing Money

July 28, 2016 Posted by kingcade

CreditCards.com recently ranked the nation’s cities in terms of money management by comparing credit scores and an index of U.S. Census Bureau data including: average income, education level, unemployment rate and the population ages of the 25 largest cities. According to the report, Miami ranked as one of the worst major cities in the country for managing their money. In fact, Miami came in 22nd. Tampa ranked 23rd on the list with Washington, D.C. at 24th and Baltimore at 25th. Los Angeles was ranked as the best city in the nation at money management, followed by Minneapolis as second and New York as third.

In order to rank the cities, the report focused on which city residents were paying their bills on time, keeping low credit card balances and not “over-applying” for credit, according to CreditCards.com senior industry analyst Matt Schulz. The original theory was that the older, richer and more educated residents would have higher credit scores, however, the data proved that factors such as cost of living, divorce rate and mobility level greatly impacted scores.

For example, although the Washington D.C. residents brought home a larger annual income than most cities, they also carried significantly higher credit card balances than other cities.

Click here to read more on this story.

If you are in financial crisis and considering filing for bankruptcy, contact an experienced Miami bankruptcy attorney who can advise you of all of your options. As an experienced CPA as well as a proven bankruptcy lawyer, Timothy Kingcade knows how to help clients take full advantage of the bankruptcy laws to protect their assets and get successful results. Since 1996 Kingcade & Garcia, P.A. has been helping people from all walks of life build a better tomorrow. Our attorneys’ help thousands of people every year take advantage of their rights under bankruptcy protection to restart, rebuild and recover. The day you hire our firm, we will contact your creditors to stop the harassment. You can also find useful consumer information on the Kingcade & Garcia website at www.miamibankruptcy.com.

Community College Grads Out-Earn Bachelor’s Degree Holders

March 8, 2013 Posted by kingcade

A recent study conducted by Georgetown University’s Center on Education and the Workforce showed that nearly 30% of college grads with associate’s degrees make more money than those with bachelor’s degrees. In several states, community college graduates make more, right out of school, than graduates of four-year universities. For example, community college graduates in Tennessee make an average annual income of $38,948. This is approximately $1,300 more than the average salaries for graduates of four-year institutions. The Georgetown Center estimated that approximately 29 million current jobs paying middle class wages require only an associate’s degree.

Most college grads with bachelor’s degrees eventually catch up to community college grads in earnings by mid-career; however, another factor to consider is that four-year degrees are more expensive than two-year degrees. The increase in wages for community college grads is attributed to a recent high demand for people with “middle-skills,” such as: radiologists, lab technicians, paralegals and machinists. According to CareerBuilder.com, air traffic controllers can make $113,547, radiation therapists can make $76,627 and registered nurses can make $65,853, all of which are two-year community college degrees.

To read more on this story visit: http://money.cnn.com/2013/02/26/pf/college/community-college-earnings/index.html?iid=SF_PF_LN

If you are in a financial crisis and are considering filing bankruptcy, contact an experienced attorney who can advise you of all of your options. As an experienced CPA as well as a proven bankruptcy lawyer, Timothy Kingcade knows how to help clients take full advantage of the bankruptcy laws to protect their assets and get successful results. Since 1996 Kingcade & Garcia, P.A. has been helping people from all walks of life build a better tomorrow. Our attorneys’ help thousands of people every year take advantage of their rights under bankruptcy protection to restart, rebuild and recover. The day you hire our firm, we will contact your creditors to stop the harassment. You can also find useful consumer information on the Kingcade & Garcia, P.A. at www.miamibankruptcy.com.