Based on financial reporting, middle-income bracket earners, did not increase their wealth from 2010-2013, while the highest income bracket individuals did. How are people who are already wealthy able to increase their wealth so much more than others in the same economic conditions? There are a number of reasons for this, ranging from tax breaks to […]
As the year comes to a close, many of us are looking ahead and mapping out our goals for the New Year, resolving to make it even better than the last. Throngs of us are making lists and goals, both professional and personal, in order to improve our lives. Everyone wants to lose those last five pounds, improve their relationships, […]
With the holidays quickly approaching we all have spending on our minds. Then when January rolls around, we calculate the aftermath of our spending habits and create New Year’s Resolutions to get out of debt and build an emergency fund. But I have a better solution! Let’s not fall into this same habit this year. The holidays […]
When I landed the first gig of my accounting career, I was beyond excited. I would finally have a decent income; I could breathe again. But after crunching a few numbers, it was obvious that debt would quickly gobble up any of the extra funds I’d planned to use to live a little. My only […]
Debt is a bad word in financial circles: People are constantly talking about eliminating it, tackling it, consolidating it, and avoiding it. While I can’t argue the wisdom of these aggressive (or evasive) actions toward debt, there are times when debt isn’t a bad thing. Personally, I’ve been debt-free a few times in the past, […]
Even though the recession has technically been over for a few years, the reality for many Americans is that it’s still hard to pay their bills, including their mortgages. While the number of home loans in distress has fallen in recent years, there are still a number of homes on the brink of foreclosure. Perhaps […]
