Guiding the Way to Financial Freedom
For some, inheritance might seem like a given, but Boomers are starting to follow trends from prominent figures like Warren Buffett and Sting and are moving away from simply passing down wealth. Baby Boomers, set to pass on $68 trillion by 2030, are exploring alternative options that don’t necessarily include traditional inheritances. Prioritizing Family Harmony … Read more
The cost of living in the United States varies widely, with certain states exhibiting significantly higher expenses than others. This variation impacts everything from housing to healthcare, influencing where people choose to live and work. Understanding the Cost of Living Index The cost of living index measures the relative price levels of goods and services … Read more
Those approaching the age of 65 may be looking forward to enrolling in Medicare, and assume the program will cover most healthcare expenses. However, new data shows that Medicare is not the one-stop solution many had hoped for regarding healthcare costs. Facing Financial Hardship The latest study from The Commonwealth Fund (CF) raises concerns about … Read more
As the cost of living continues to climb, managing your finances smartly is more critical than ever. Adopting frugal living habits can significantly cut down your expenses, paving the way for a more secure financial future. And you don’t have to sacrifice all of your little pleasures, either. We’ve got 25 practical, frugal living tips … Read more
White privilege refers to the societal advantages that white individuals often experience due to their skin color, leading to disparities in opportunities and treatment. This list highlights 30 examples of white privilege prevalent in America. #1. Representation in Media White individuals see themselves as positively represented and dominant in mainstream media, reinforcing cultural norms and … Read more
The U.S. housing market is at a turning point. High mortgage rates mean prices might drop, giving buyers a chance to get their foot in the door. Meanwhile, sellers face new challenges as interest rates and the number of homes for sale change. U.S. Housing Market Hits Rock Bottom According to the CEO of real … Read more
While some antique books sell for pennies at thrift stores and used bookshops, others are sold for more than the price of a new house. First editions or special editions of iconic literary works can sell for thousands and, in some cases, millions. People value first editions, copies signed by the author, misprints, original dust … Read more
New York’s reputation as America’s financial powerhouse is under threat. High taxes and a less-than-friendly business environment have driven away high-earning residents, putting the state’s financial industry—and by extension, its economy—at risk. The Empire State’s Decline New York is seeing a drop in its financial prowess. A recent study shows that the state’s status as … Read more
Before COVID-19, nearly half of all working women — 28 million — worked in jobs paying low wages. Sadly, that hasn’t changed in three years. It’s even worse for women of color. Even in traditionally higher-paying and more equitable industries and careers, women are typically paid 92 cents for every dollar a man earns. Disrupted … Read more
In an era where economic pressures are mounting, Gen Z is faced with living with their parents to save money or venture out and bear the brunt of high living costs. While seemingly pragmatic, this decision carries long-term consequences that extend beyond finances, affecting their emotional well-being and progression into adulthood. Surge in Multigenerational Living … Read more