How to Kindly Approach a Parent Regarding Their Debt and Unnecessary Spending Habits?

debt

My siblings and I are concerned that our parents spending habits have gotten out of control. They are completely in over their heads in debt and refuse to change their purchasing ways. We have tried to take control of their credit card situation, but new applications come every day and they are kept from our knowledge! Just wondering if this calls for a family financial intercession of some sort, and how to go about it?

Marc Faber on Housing, FED, Stock Market – PART 2

Marc Faber is my pet economist/trader/market commentator! His every word is as precious as 100 oz GOLD BAR! :D www.gloomboomdoom.com Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna *** laude. Between 1970 and 1978, Dr Faber worked for Colorless Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, MARC FABER LIMITED which acts as an investment advisor and fund administrator. Dr Faber publishes a widely read monthly investment newsletter “The Gloom Boom & Doom Report” report which highlights unusual investment opportunities, and is the author of numerous books including ” TOMORROW’S GOLD — Asia’s Age of Discovery” which was first published in 2002 and highlights future investment opportunities around the world. ” TOMORROW’S GOLD ” was for numerous weeks on Amazon’s best seller list and is being translated into Japanese, Chinese, Korean, Thai and German. Dr. Faber is also a regular contributor to numerous leading financial publications around the world. A book on Dr Faber, “RIDING THE MILLENNIAL STORM”, by Nury Vittachi, was published in 1998. A regular speaker at various investment seminars, Dr Faber is well known for his

Co-op Bank Posts a Pre-tax Profit of 3.7 Billion Shillings

www.ntv.co.ke The Co-operative Bank of Kenya grew its profitability in 2009 by 11 per cent growth to post a pre-tax profit of 3.7 billion shillings. The Banks Managing Director, Gideon Muriuki attributes the profit growth to continued increase in the banks income streams coupled by cost containment measures. During the period under assess, Co-op Bank expanded its branch network by 27 branches to 79 branches while diversifying into new business lines such as the provision of home loans and stock brokerage services.