Guiding the Way to Financial Freedom
The staggering accumulation of $8.5 trillion in untaxed assets by America’s wealthiest has sparked a critical conversation on the need for a billionaire income tax. This revelation highlights the vast economic divide and the pressing need for tax reform to ensure fair contributions from the ultra-rich. The Wealth Gap Exposed Recent findings by Americans for … Read more
The national average credit score has dropped for the first time since 2013 – and while it may not be a cause for national concern yet, it is an indication of growing financial stress for the average American. Average Credit Score Drops For the first time in ten years, the national average FICO credit score … Read more
The U.S. home market has had some ups and downs recently, leaving many people curious about what’s happening. Home prices have begun to slow down after rising steadily for some time, according to recent statistics. Here’s what you need to know about what’s happening and how it might affect you. The Case-Shiller Index Findings According … Read more
Feeling “rich” is an increasingly elusive concept in contemporary society. Even among those with substantial financial resources, only a mere 8% characterize themselves as truly wealthy. The Perception of the Upper Middle Class A recent Ameriprise Financial survey reveals the intriguing fact that approximately 60% of investors with $1 million or more of investable assets … Read more
Real estate mogul and author Grant Cardone predicted that the future of homeownership will look drastically different sooner rather than later. Is Homeownership a Pipe Dream for the Average American? In an economy that has seen home prices double in some areas over the past few years, Americans who wish to become homeowners are running … Read more
Yes, some home reno projects can significantly increase the value of your home, but others may end up costing you more than they’re worth. As a homeowner, knowing where to draw the line between making your home more comfortable and making financially wise decisions is crucial. Sometimes, something that seems like a brilliant idea ends … Read more
The ever-fluctuating housing market has been the topic of speculation for decades. Financial experts, economists, and even regular home buyers often wonder about the stability of this sector. While it’s impossible to predict the future with certainty, there are certain signs that can provide clues. Here, we’ll explore key indicators – some suggesting a crash … Read more
San Diego, known for its stunning beaches and vibrant culture, is now gaining notoriety for a less desirable reason: its soaring housing costs. With the average price of single-family homes exceeding $960,000 and rental prices skyrocketing, residents are feeling the pressure. The Rental Reality Zillow reports that the median rent for a one-bedroom apartment in … Read more
As the Federal Reserve holds off on raising interest rates, there’s still a cloud of financial uncertainty looming. Let’s break down what all this borrowing means for Americans, especially with elections around the corner. Rate Pause Explained The Federal Reserve might not raise interest rates further, but that doesn’t mean rates will stop climbing. U.S. … Read more
Long-term marriage vows were once seen as unbreakable, yet people over 50 are increasingly parting ways. Older Americans Are Divorcing A 2022 study from The Journal of Gerontology reports that 36% of divorcing Americans are over 50. This surge in “gray divorce” presents challenges and implications extending well beyond the couple. Decades of Wealth Need … Read more