| Volume 28 Number 12 |
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The People’s Lawyer’s Tip of the Day
It is illegal in Texas to charge more to someone who pays with a credit card. It is legal, however, to give a discount for cash. This discount is for the savings to the merchant who does not have to pay the fee that the credit card company charges.
Dementia Can Wreak Havoc on Family Finances
A Duke University study, funded by the National Institutes of Health, estimates that 14 percent of people over age 70 have some form of dementia. If that trend holds, then more than 11 million baby boomers could develop the condition. Combine that unsettling statistic with the fact that this demographic controls more than $19 trillion in assets, and experts fear that over the next decade boomers will be increasingly at risk of unwittingly destroying their own nest eggs. Click here for more.
Big Brother Cutting Insurance Bills
You might save money if you let your insurer add a device to your car that monitors how and how far you drive. But beware: It could backfire on you. Click here for more.
Checking And Reading Your Credit Report
If you are applying for a loan or credit, records of your previous dealings with someone else's money are vital. Click here for more.
Ten Tips to Lower Driving Expenses
The average driver using a new car can expect to spend $8,121 this year to rack up 15,000 miles on it, or 4 percent more than the $7,823 it would have cost last year, according to AAA. The main culprit is spiking fuel costs. Here some tips every driver can take to help lower driving expenses. Click here for more.
Your Money
Calculate how much money you need to save for your desired lifestyle. Click here for more.
For the Lawyers
District court had subject-matter jurisdiction of claim under Telephone Consumer Protection Act but class certification was improper. The Fifth Circuit found that the amount in controversy in excess of $5million gave the court jurisdiction, but deny class certification based on the plaintiff's failure to show a way to establishing class-wide lack of consent Click here for more.