Lee Legal keeps abreast of the local economy in Virginia, Maryland, and Washington, D.C. so you benefit from current developments. Lee Legal examines the legal and financial big picture to determine what options are best for you.

From income inequality to minimum wage to personal finance issues, we want you to feel comfortable with the solutions we present. Context is important.

Five Ways Debt Can Wreck Your Marriage

February 14, 2017 Brian V. Lee 0

Maintaining a good relationship with your spouse requires work. Hard work. Remaining emotionally connected to your spouse while coordinating the logistics of your daily lives involves true commitment, selflessness, and sacrifice. Debt should not come between you and your spouse. Here are [ . . . ]

Good Credit is So Important

January 25, 2017 Brian V. Lee 0

Do you want to buy a home? Maybe you want to rent? Do you want to buy a car? Or a boat, or a wedding ring? Do you want to borrow some money and make improvements to your home? Or would [ . . . ]

Top 9 Financial Fears of Americans

December 21, 2016 Brian V. Lee 0

An early 2016 study by insurance and investing behemoth Northwestern Mutual revealed some interesting insights into several issues impacting people’s long-term financial security. Here are the top 9 financial fears in America. The 9 Biggest Financial Fears for Americans Number One and [ . . . ]

Credit Monitoring Services are a Waste of Money

December 14, 2016 Brian V. Lee 0

Many companies (like LifeLock, Identity Guard, and IdentityForce) offer to monitor your credit report and alert you if something suspicious happens. These companies charge a monthly fee, between $9.99 and $29.99 per month. All three credit bureaus also offer credit monitoring services for various [ . . . ]

The Debt Snowball and the Debt Avalanche

November 23, 2016 Brian V. Lee 0

I periodically review debt management books to see if there are any new methods that might be useful to my clients. I just finished the book Dear Debt: A Story About Breaking Up with Debt by Melanie Lockert. The book [ . . . ]

Use Creative Destruction to Refocus Your Personal Finances

June 3, 2014 Brian V. Lee 0

Austrian-born American economist and political scientist Joseph Schumpeter coined the term creative destruction in 1942. “Creative destruction” is the willful reconfiguration of an existing economic system in order to clear the ground for the creation of new wealth. There are obviously [ . . . ]

Are You Living Paycheck-to-Paycheck?

March 24, 2014 Brian V. Lee 0

If you are living paycheck-to-paycheck, you are not alone. Last week the Brookings Institution released a new article by Princeton and NYU economists entitled The Wealthy Hand-to-Mouth. Some of the article’s findings were startling: Roughly one-third of American households — 38 [ . . . ]

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