|
UEFA declares no confidence in Infantino and vows accountability for failed World Cup equity plan AP NewsInfantino scraps FIFA World Cup sell-off plan after backlash ESPNHow Companies Can Prepare For And Respond To Threatened Boycotts ForbesGianni Infantino and four days that shook football - and the echoes of European Super League bbc.comGianni Infantino's plan was fatally flawed but a radical proposal is needed to save Fifa
|
RELATED ARTICLES | | |
|
Mark your calendars: Aug. 12 could be the greatest single day and night for skywatching for years Live ScienceEyes to the Skies: August features partial eclipses of the sun and moon WTOP9 night sky events to see in August, from a total solar eclipse to the return of the northern lights National GeographicAugust stargazing: A planet parade, two eclipses, and one scary star Popular Science
|
|
Older parenthood is on the rise — but it comes with a tough new set of financial rules.
|
|
After two years of a red-hot market, it's time real estate and mortgage professionals get ready for what could be a slowdown in their business.
Earlier this summer housing prices were on fire. Now there is talk of a "housing recession." Due in part to higher mortgage rates and more people vacationing this summer, U.S. existing home sales fell in July for the sixth straight month, the longest streak of declines in more than eight years.
SEE MORE Is Your Job Burning You Out?
One of my clients in the Midwest put his home up for sale recently and has had no interested buyers - none. A few months ago, we were certain it would sell in days. The plan was to sell the house and pay off their construction loan on their new home before it converted to a permanent mortgage. Now, that plan may need to change.
Several mortgage companies have already let go thousands of employees, and one company, Sprout Mortgage, based in East Meadow, N.Y., shut down in early July. Real estate brokerage companies, such as Compass and Redfin, have also slashed their workforce.
Real estate is cyclical, and while sales will not totally dry up, anyone tied to the industry should get their finances in order now in case the current downturn lasts another several months.
Here are a few moves to consider:
Build an Emergency Fund Twice as Big as a Salaried Worker's
No one wants to get caught borrowing money to pay their bills. While putting away enough money in a savings or money market account to cover six months of expenses is normal, it's best to plan for a longer period if you work in a cyclical industry.
Consider keeping six to 12 months of r
|
|
