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.

Pay Down Debt While Saving for Retirement

January 11, 2019 LaTashia Williams

For many people, debt is the main factor preventing us from achieving our financial goals – without even including retirement savings. However, retirement cannot be left out if we are to be able to retire comfortably and securely when the [ . . . ]

Surviving Furlough During the Government Shutdown

December 31, 2018 Brian V. Lee

The first known use of the word “furlough” dates to 1631. The word is from the Dutch word “vorloffe,” meaning “permission” or literally “for leave.” The modern non-military definition of furlough is “a period of time when an employee is [ . . . ]

Avoid Debt This Holiday Season

December 7, 2018 LaTashia Williams

We don’t have to incur debt every holiday. Here are some tips that will allow you to avoid debt this holiday season without later financial regret. Budget Make your budget realistic and relative to you. Excluding this factor will decrease [ . . . ]

Think Twice Before You Co-Sign for a Loan

November 16, 2018 LaTashia Williams

A family member or a close friend is usually a person with whom we have a special connection. We highly regard these relationships which allows us to willingly assist them when there is a need, especially when we are able. [ . . . ]

The Case for Universal Basic Income

November 13, 2018 Brian V. Lee

Could universal basic income bring an end to poverty in America? A lot of big thinkers think so. What is Universal Basic Income? Universal Basic Income (or “UBI”) is the idea of providing a guaranteed income (like $500 a month) [ . . . ]

How to Eat Healthy on a Budget

October 12, 2018 Gina Mangiaracina

Americans love to eat. Each person with an annual income of $75,000 spends nearly $8,000 a year on food and alcohol, according to the Bureau of Labor Statistics. Living on a tight budget, doesn’t have to mean a life of [ . . . ]

How to Build an Emergency Savings Fund

September 14, 2018 Brian V. Lee

A recent study found that 57 percent of Americans have less than $1,000 in savings, while 69 percent have less than $5,000. That’s not enough to get you through an emergency. Here’s how to build an emergency savings fund. Emergency savings [ . . . ]

Freeze Your Credit, Don’t Lock It

August 20, 2018 Brian V. Lee

A new law — the Economic Growth, Regulatory Relief, and Consumer Protection Act — takes effect on September 21, 2018. The law requires the big three credit bureaus to offer free fraud alerts and credit freezes. Equifax, Experian, and TransUnion [ . . . ]

What Happens to My Debts When I Die?

August 7, 2018 Gina Mangiaracina

When planning a future for your loved ones, you do not want your legacy to include a mountain of debt. Many people are unaware that their debts can continue to haunt those they leave behind. Whoever you select to manage [ . . . ]

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