Guiding the Way to Financial Freedom
We’re constantly bombarded with videos and ads promising the dream of passive income—money flowing in while you sleep. But here’s the harsh reality behind those too-good-to-be-true schemes. 1. “Anyone Can Do It” Image Credit: Shutterstock / Andrey_Popov They claim anyone can earn passive income, but that’s a lie. Without significant upfront investment or skills, most … Read more
The proposed TikTok ban in the United States has been controversial, as some worry about privacy and security while others predict harsh economic consequences. Many are worried that the ban could have widespread economic effects. In the long-run, it could impact the lives of not only content creators and businesses, but also overall marketing strategies … Read more
America is currently seeing an unprecedented rise in the number of retiring millionaires. Let’s take a look at what’s causing this. Millionaire Milestone Image Credit: Shutterstock / Perfect Wave The stock market is booming, and with it, a lot of people’s retirement accounts. Thanks to its recent performance, the number of 401(k) millionaires has hit … Read more
Donald Trump’s media company has seen stock prices soar thanks to the shocking assassination attempt made at his campaign rally. Assassination Attempt The attempted assassination of presidential candidate Donald Trump on Saturday sent shockwaves through the world, and it wasn’t just politics and media that were affected by the event – Wall Street has been … Read more
The job market is going through a cooling period and finding a job can feel even more challenging, especially for younger Americans. There are many reasons why landing your first job may feel tougher than expected. Today’s Job Market Image Credit: Shutterstock / fizkes National job openings are falling. While still strong, the job market … Read more
The IRS announced it’s targeting high-income earners who have failed to file tax returns. Americans seem to be both excited by the prospect of a fair tax system and nervous that the crack-down will hurt their future filings. The new initiative is a mixed bag for taxpayers. IRS Closes Major Loophole Image Credit: Shutterstock / … Read more
Managing your credit score can definitely be challenging. You might be engaging in habits that negatively impact your credit score without realizing it. So being aware of the things that lots of us do unintentionally that can damage your credit score helps you avoid these same missteps. 1. Missing or Late Payments Even a single … Read more
Despite a miserable view of the economy, Americans are spending like never before. From retail therapy to essential services, customer behavior just isn’t making sense. But what’s driving this surge in spending when the economy seems so bleak? A Pricey Pandemic During the pandemic, Americans trapped inside turned to online shopping for everything from luxury … Read more
The wealth gap keeps growing, and the rich are getting richer while the rest of us struggle to make ends meet. Why is this happening, and how is the system designed to keep it that way? 1. Tax Breaks for the Wealthy The rich benefit from significant tax breaks and loopholes. Deductions, offshore accounts, and … Read more
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