Owning a home is the American dream and, no matter how bad of a deal it becomes, people are still fixated on it. People who are wise with money every…
Category:
Money
-
-
The latest employment numbers showed American business is hiring and the unemployment rate dipped to 5%. That’s a key metric because it means the U.S. is nearing full employment. Full…
-
Not all mistakes are created equal. There are some mistakes that will cripple your finances for decades and leave you with less money in retirement. Since we’re human beings, it’s…
-
Most older Americans can remember the days when the dollar was king. You could go anywhere in the world and dollars would be eagerly accepted. Goods and services could be…
-
It shouldn’t come as a surprise that only about 10% of the U.S. population can pass a financial literacy test when only five states get an A on teaching young…
-
It was not at all surprising to me to find out that 61% of Americans are financially illiterate. Some states are worse than others and it should come as little…
-
For many 2014 went into the books as the year of the rent increase. That wouldn’t happen again they said; rents couldn’t keep going up that fast they said. They…
-
Anyone alive back in the 1970s remembers the term “stagflation” that went around a lot in those days. Stagflation was basically an amalgam of the unemployment rate, plus the inflation…
-
Yes, the double digit stock market increase gravy train is over, probably for a long time. What we’ll see instead are years of returns that are normal to slightly below…
-
It’s risky calling ups or downs on the stock market because, to quote Jeb Bush, stuff happens. Were one to suggest that stocks are due for an irregular recovery the…