U.S. schools aren’t ranked highly against other countries when it comes to standardized tests on math, science, and history. But all that aside, there are other much more important tests kids never take in school–we’re talking life skills here. Many graduates do not understand the basics of adulting period, from not knowing how to cook,… Continue reading Shark Tank’s Daymond John Delivers a Key Financial Message
40% of Americans Can’t Afford to See Their Doctors
It’s not like a global pandemic with mandated lockdowns and a leaky economy haven’t triggered enough panic attacks among beleaguered citizens. Now America has a new crisis that combines medical care and money – fear of going to the doctor over financial concerns. A new study by MyVision.org notes the emergence of a “procrastination nation”,… Continue reading 40% of Americans Can’t Afford to See Their Doctors
Couples Should do This Before Combining Financial Assets
One anniversary that newlyweds likely will never celebrate is the day each spouse agreed to share their finances. That’s because money and romance only co-exist as a commercial enterprise – think Valentine’s Day, birthdays, and the major annual holidays. After all, Cupid aims his arrows at hearts – not bank accounts. From a relationship-strengthening point… Continue reading Couples Should do This Before Combining Financial Assets
Why Your Electric Bill Will Be More Expensive, and Soon
Depending on where you live in the US, your electricity bill has likely risen at a rate higher than at the same time in 2021. According to the US Bureau of Labor Statistics, electricity bills rise 15.8% in August, 2022 compared to August, 2021. Natural gas bills rose even higher in August, at a 33%… Continue reading Why Your Electric Bill Will Be More Expensive, and Soon
How to Get Rich Investing in the Stock Market
The stock market is not a casino. That’s at least partly because casinos actually have fixed odds. When you play a single number in roulette, for example, your odds of winning are 37-1. If you play blackjack using basic strategy, you should over time lose only about 51% of the time. Even slot machines have… Continue reading How to Get Rich Investing in the Stock Market
Keeping Financial Documents Safe in a Hurricane
With the southeast U.S. and the Caribbean in the middle of hurricane season, the top priority is revered for helping the elderly and infirm and keeping home and business structures safe when a major storm approaches. Hurricane season, defined as between June 30 and Nov. 30 in 2022, can also wreak havoc on a household’s… Continue reading Keeping Financial Documents Safe in a Hurricane
Goldman, Other Banks Are Paying More for Your Money
Inflation, which is at its highest for 40 years, is a headache for consumers. From food to gasoline to just about everything else, inflation is burning household budgets. Aware of how reduced household spending could hobble the economy — consumption is, after all, the engine of American growth — the Federal Reserve has started to raise interest… Continue reading Goldman, Other Banks Are Paying More for Your Money
Realty Income Off for 6th Week as Yield Swells; Here’s the Chart
Realty Income (O) does not like the rising rate environment, particularly when it comes amid worries about the real estate market and amid the broad bear market in equities. Here’s Bank of America’s favorite REITs, by the way. The Federal Reserve continues to raise rates, most recently by 0.75 percentage point. At the same time,… Continue reading Realty Income Off for 6th Week as Yield Swells; Here’s the Chart
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