Business & Finance World News

Law Firm Partner Sells 4BD in Park Ridge

January 30th, 2010

Nicholas and Mary Lagattuta sold a four-bedroom, 2.5-bath home at 324 Lincoln Ave. in Park Ridge to Mark and Ana Shaffer for $580,000 on Dec. 24.

The 2,165-square-foot house was built in 1968 in West Park Ridge.

Mr. Lagattuta is a partner and attorney at Lagattuta & DeGrazia PC in Schaumburg, where he specializes in criminal, divorce, personal injury, and real estate law. Prior to entering private practice, he served as a Cook County Assistant States Attorney.

He earned his bachelor’s in accounting and his J.D. from DePaul University.

According to BlockShopper.com, there have been 377 home sales in Park Ridge during the past 12 months, with a median sales price of $335,000.

If you need a Chicago Lawyer, visit Chicago Local Lawyers . O

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Frugality and Being Social

January 29th, 2010

Recently, I had a conversation with a friend of mine about some of the things I write about here on The Simple Dollar. Even though she’s struggling with some serious debt issues, she told me flatly that she didn’t want to take most of the advice given on The Simple Dollar. When I asked her why, she breathed in deep and told me the following (paraphrased):

I don’t want to be a “frugal” person. I don’t want to be the person who is no fun because I’m always chasing every dime and I’m always vetoing the fun things to do. I don’t want to be the person that leaves out cheap toilet paper for guests. I don’t want to just sit at home every night cackling as I count my pennies. I want to have a li

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New credit card statements to feature more information

January 29th, 2010

People will start seeing important changes on their credit card statements that could result in better debt management skills in the long term for many of them.

Under the terms of the federal Credit Card Accountability, Responsibility and Disclosure Act, lenders must now provide people with information on their monthly statements about how long it would take to pay down their total balance by just making minimum payments. Related information on the statements will show consumers how much their monthly payments would have to be in order to pay down a balance in three years. Read more…

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Social media not much influence in travel planning

January 27th, 2010

The usage of social media has undergone explosive growth in recent months driven by what appears to be an almost insatiable desire to stay connected. But how have these new forms of media influenced consumer choice when it comes to evaluating and purchasing travel services? The results of the most recent travelhorizons survey reveal some intriguing insights.

According to the nationally representative survey of just over 2,200 US adults that was conducted in October 2009, almost 6 out of 10 (59 percent) of active travelers have visited a social networking site. Their most popular activities while on these sites include uploading photos/videos (49 percent) and rating products or services (46 percent).

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Sticking to cash may help some consumers dealing with debt management issues

January 27th, 2010

Debit and credit cards may provide a certain amount of convenience when making purchases, but it’s that very ease that may end up putting some people in need of debt relief.

In a recent column for ABC News, David McPherson noted that he has taken a different approach when it comes to making smaller purchases, one that may help consumers trying to concentrate on savings. Rather than pull out a card for everyday purchases, McPherson has suggested the use of cash only.

“My belief is that relying on cash in the wallet rather than plastic instills greater budget discipline and reduces impulse purchases,” McPherson said. Read more…

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Law firm partner buys West Park Ridge 4BD

January 26th, 2010

Nicholas and Mary Lagattuta bought a four-bedroom, 3.5-bath home at 405 N. Lincoln Ave. in Park Ridge from Alonzo and Laura Monk for $658,000 on Jan. 5.

The Monks bought the property for $782,500 in Jan. 2005. The 2,786-square-foot house was built in 2005 in the West Park Ridge/Chippewa Woods neighborhood.

Mr. Lagattuta is a partner and attorney at Lagattuta & DeGrazia PC in Schaumburg, where he specializes in criminal, divorce, personal injury and real estate. Prior to entering private practice, he served as a Cook County assistant states attorney.

He earned his bachelor’s in accounting and J.D. in 1982 from DePaul University.

Earlier in December, the Lagattutas sold a four-bedroom at 324 Lincoln Ave. i

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