Category: finances

Unions Are Hurting the Finances of Orange County Cities: Sen. John Moorlach

Commentary Orange County, Calif. is a metropolis of 34 unique cities which house more than 3 million residents. There are unincorporated areas in Orange County, such as Rossmoor and Midway City, where residents rely on the Orange County Board of Supervisors to be their legislative body. When I served as a county supervisor, I worked…


Reopening of California’s Theme Parks Unlikely to Match Florida’s Economic Rebound  

Commentary The impending reopening of California’s theme parks is welcome news for thrill seekers and Disney fans, but their hysteria pales to the delight of local economic leaders. Gates to popular attractions such as Disneyland and Knott’s Berry Farm can swing open as early as April 1, under California’s guidance. This is huge news for…


Laguna Beach’s Unexpected Revenues Help Relieve Budget Pressures

Laguna Beach is reporting better-than-anticipated revenues in its latest budget update, although it warns that its finances will continue to suffer throughout the next fiscal year. During its Feb. 23 financial briefing, the city reported “major revenues are doing better than forecasted.” While the city’s finances are weathering the ongoing COVID-19 pandemic, revenues are likely to…


How to Help Kids Build Strong ‘Financial Foundations’

It’s commonly lamented that students aren’t taught life skills in school, such as how to balance a budget or manage their money. Ramsey Solutions, the company founded by financial expert Dave Ramsey, aims to change that with “Financial Foundations,” financial literacy programs specifically designed for middle school and high school students. The programs, created for…


Homelessness, COVID-19, and Rising Cost of Employees Hurt L.A. Finances

Commentary Los Angeles city controller Ron Galperin has released his office’s annual Comprehensive Annual Financial Report for fiscal year 2020 and provided an update on how things in the current fiscal year. As expected, it’s bad. During fiscal year 2020, the general fund shrank 9.8 percent from $1.1 billion in July 2019 to just $992…


Don’t Let Budgeting Myths Sabotage Your Finances

Dear Dave, I made a resolution to start following your plan in 2021. I talked to my parents about this, and while they like some parts of your teaching, they don’t think living on a budget is necessary if you make good money. They also said budgeting is extremely difficult. Are they right? Jensen Dear…


Give Your Family the Gift of Financial Conversation This Holiday Season

Dear Readers: If there’s one thing many of us are reluctant to talk about, it’s money. We might be comfortable sharing all sorts of personal information—about our health, our religious beliefs, even our personal relationships. But when it comes to our finances, we clam up. And this year, that reluctance may be stronger than ever….


What Our Mistakes Teach Us

Have you made any mistakes lately? Want to talk about it? Most people don’t. Can’t say that I blame them. It’s embarrassing. And when it’s a really dumb mistake, well, that’s something you hope to never have to think about again. And that’s a mistake. Mistakes are useful because they teach us what doesn’t work….