It looks as though we’re going to need to modify the old saying about the rich getting richer to the rich are paying off debt while the poor are racking…
Personal Finance
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…