In this time of financial hardship, so many Americans are wondering how they can escape a life of having to struggle day-to-day and year to year. We can talk all we want about saving and planning for the future, but we must get more specific if we are going to overcome the challenges we face. […]
Graduating from college and entering the “real world” can inflict total chaos on your life: Suddenly, you have to figure out how to feed yourself without the assistance of a 24-hour dining hall. It’s overwhelming, but not insurmountable. These mistakes and their solutions, adapted from Generation Earn: The Young Professional’s Guide to Spending, Investing and […]
It is unusual for the monthly employment report to be released on the first day of the month. Friday, the first day of June, was an exception. Logically, you would think that data released this early would be subject to a higher level of revisions, but we have no statistics to support that theory. What […]
Recent changes in lending rules have made your credit score even more important to your long-term economic health. Mortgage, credit card, auto and other lenders are now charging a higher rate for lower credit scores. Someone may now pay more for insurance or rend based upon their score. What does this mean? In general, America’s […]
Sometimes, mistaking a myth for a fact can be extremely costly. Take, for example, the myth that the only people who need to insure themselves against fires, floods or other disasters are homeowners. Everyone realizes that a property owner needs an insurance policy, but many renter’s overlook the fact that they, too, need coverage. “Some […]
You may think you’ve done it all: You’re careful with a buck, don’t over indulge, and stash away as much as you can for future goals. But while it may not seem as if there’s any more you can comfortably squeeze from your budget, there are ways to save more–painless ways, in fact–to save $50,000 […]
After a deep recession in which we lost approximately eight million jobs, America’s economy has been quite consistent with regard to the creation of jobs during the past several years. For example, during the period of 2013 to 2017, just over 10 million jobs were created. That comes to just over 200,000 jobs per month. […]
As we approach December, we can see that we are in for a busy month with regard to the economy. With the recovery continuing from the Hurricanes, the Federal Reserve Board’s Open Market Committee will also be meeting with the consensus pointing to another increase in short-term interest rates. Outside of major shocks, the only […]
Sure, the stock market has risen for over eight years. But the run which started in October off 2016 is quite extraordinary, to say the least. Usually when bull markets get older, they fluctuate and run out of steam, but this one seems to have gotten quite a second wind. The question is — where […]
There is no doubt that time is a business person’s most precious resource. In fact, time is everyone’s most precious resource. We never realize how precious time is until we run out of it. George Burns had 100 years, yet he never had time for his final performance. We all waste too much of this […]