Money Management Tips for People of All Ages

I spent my 20s mismanaging my money, and came to regret all of those impulse purchases placed on credit cards when my credit score plummeted due to missing a few payments. I didn't learn how much this would affect my life until I was denied for both an auto loan and mortgage in the same year due to my bad credit score. I spent the next few years cleaning up my credit report and putting every extra penny I had toward old debts. Having to put my impulse spending on halt was difficult at first, but it was a great learning experience and I now realize how rewarding saving and investing money really can be. I have put a lot of research into good money management techniques, so I decided to start a blog to share what I have learned with anyone who needs help!

Three Reasons Why Bail Is Set High

Finance & Money Blog

If you have recently been charged with a crime, but the judge says you can be released on bail, you may be wondering why the bail amount is so high. Surely, the judge knows that you are unable to pay the amount required, and that most people you know could not afford it either. Well, actually, the judge does not know that, but that is beside the point. There are some legitimate reasons why a judge would require bail amounts that most people could not pay.

1. You Are Accused of a Violent and/or Heinous Crime

If you stand accused of a particularly violent or heinous crime, the courts and the judge do not want to release you so easily back into the population. The idea of a high bail amount is to restrict your freedom and possibly make you think about your situation for a bit. If you are innocent, it means you can focus on what to do to prove that. If you are guilty, the time in jail may help you find a conscience about what you did. Setting the bail amount high keeps you locked up long enough for either position to work.

2. You Are a Flight Risk

If the judge thinks you are going to run off and not show up for your hearing, he or she will place a high bail amount so that it will be impossible for you to run away. Your family can always put a house up for court bail bond to get you out, but if your family thinks you would run off and they would lose their home to the bail bonds-person, you may be out of luck there, too. High bail prevents you from disappearing and prevents family from  offering you a way out of jail on bond.

3. You Pose a Threat to the Public or People You Know

People who kill others with seemingly no reason or just out of anger pose a threat to others. If you are charged with shooting your entire family or driving a truck with a bomb on it into a crowd only to be stopped in the nick of time, you are viewed as a possible, and very dangerous, threat. Subsequently, the judge would set an exceptionally high bail on your head to prevent you from hurting others (or yourself) while you await your day in court.

Check it out for more information.


5 June 2017