Guiding the Way to Financial Freedom
Many Americans are concerned with how much of their hard-earned money goes to taxes. But did you know some states hit the middle and lower-income families harder than others? Here are the 21 states with the most regressive tax systems, where the tax burden is heavier on the working class. #1. Washington Washington tops the … Read more
Navigating the world of credit scores can feel like a game where the rules aren’t always in your favor. Ever feel like the system is stacked against you? #1. Lack of Transparency Credit scoring models are shrouded in secrecy, making it hard for the average person to understand what exactly affects their score. #2. Overemphasis … Read more
A popular seafood chain has shut dozens of doors nationwide and filed for bankruptcy following some unwise promotional campaigns. Red Lobster’s Tough Times Red Lobster is in for a rough ride. From Sea to Struggle What was once the nation’s premier choice for seafood, Red Lobster, has seen a massive downturn in customers and revenue … Read more
Banking is supposed to be about trust and security, but in some countries, it’s more about exploiting customers. How can you protect your money when banks are out to squeeze every last cent? 1. United States In the US, hidden fees and exorbitant overdraft charges are rampant. Banks make billions annually by trapping customers in … Read more
Buy Now, Pay Later (BNPL) schemes might seem like a shortcut to financial flexibility, but they come with hidden pitfalls that can disrupt your financial stability. Have you considered the full impact of these convenient payment options? #1. Debt Accumulation BNPL makes it too easy to stack up purchases, creating a snowball of debt that … Read more
A staggering and historic end-of-year pay package has been granted to Boeing’s CEO, in the wake of a very difficult first quarter for the aircraft manufacturer. Boeing’s Largest Payout Shareholders of Boeing have approved a $33 million pay package for departing CO Dave Calhoun this week, marking the largest payout ever given to a Boeing … Read more
Every day, we encounter items with surprisingly high markups, often paying much more than the cost to produce them. But do you know which everyday purchases might be quietly draining your wallet? #1. Bottled Water Bottled water can be marked up over 1,000% compared to tap water. Opting for a reusable bottle and filtering your … Read more
One of America’s biggest gym franchises is raising its membership fees for the first time since the 1990s. Planet Fitness Price Change New Planet Fitness members might be shaking their fists at the sky over recent news that the company, one of America’s largest fitness franchises, will be raising their monthly fees for basic memberships. … Read more
In a move that has caused an outcry from both ends of the political divide, California Governor Gavin Newsom is pressing forward with ambitious plans to build a giant tunnel to catch rainwater. Tunnel Vision For decades, California authorities have been trying to create a water tunnel system like the one Newsom is currently pushing … Read more
The American Dream is a beacon for many, but navigating its financial waters can be tricky. Are you aware of the hidden costs and pitfalls that could derail your journey? #1. Overspending on Housing Many chase bigger, better homes, but this often leads to mortgage stress and limited funds for other goals. Smart buying within … Read more