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Welcome to Roots of Wealth. A financial blog focusing on life, planning, and interesting information worthy of sharing with you.
Roots of Wealth is proudly managed by Crimmins Wealth Management Located in Ramsey, NJ.
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Caregiver Tips, U.S. debt and Travel

February 20, 2019 by Maureen Crimmins Leave a Comment

We have three articles of topical interest this week.  The first discusses some tips for assisting Caregivers especially for those dealing with patients with cognitive issues.  Then with the news that the U.S. debt just passed $22 trillion, we provide an article discussing how the news of despair may be overblown and needs to be put into perspective, and lastly we have included an article with the suggested top 50 places to visit in 2019 as per Travel and Leisure.

Caregivers have a difficult job and for caregivers caring for someone with cognitive issues, there are additional challenges. They will encounter problems for which they probably have no training or experience, such as understanding how to talk in a manner that won’t upset or confuse someone in the later stages of dementia.

care giving photoCaregivers often try to get up to speed quickly, sometimes taking virtual reality tours to feel what it’s like to tackle simple tasks while experiencing dementia symptoms, for instance. While that may help you empathize with a loved one, it won’t provide educational basics you need to care for someone day to day.  Check out this article for some practical advice and places to help you in your service: Click on the link:  Care Giver Tips

Brian Wesbury, economist for First Trust writes to counter the debt crisis narrative of the day.  For the more than three decades that he has been involved in the economy, one nagging constant has been pessimistic prognostications over the U.S. debt. Now once again, debt is the news de jour with the U.S. debt reaching $22 trillion in mid-February 2019. Consumer, business, and government debt are all at record highs, and, therefore, the theory goes, the economy is tempting fate.

Brian writes that faster economic growth in recent years may have coincided with higher debts in some areas, but it wasn’t caused by higher debts. Growth has picked up thanks to a mix of better policies and entrepreneurship. Bottom line is we don’t see anything about the current level of debt that’s going to cause a recession anytime soon. Let the pouting pundits kick and scream but focus your attention on more important things.

The article puts the numbers in the proper perspective.  U.S. Debt

Have A Wealth Management Question? Click Here To Ask Dan

Travel & Leisure’s annual list of the best places to travel in 2019 – Travel inspiration for the New Year with some recommendations for things to do and best times to visit. Whether you are interested in traveling abroad or staying nearby, this list has the 50 top places to visit this year.  The list includes domestic and international locations.  Happy traveling!   2019 Travel

Hope you have a great week!

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN

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