Personal Finance
Middle aged and elderly Americans are the new job seekers as millions brace for retirement unprepared. Since 2014, 40% of all those looking for work are 55 years old or older. By 2024, more than 41 million American workers, out of an estimated 164 million work force, will be 55 years old or older. More […]
We all want to be successful at what we do and become rich. Not many, however, actually manage to do so. Why do so many people fail at what they do? Why do they struggle to improve their financial situation? Why are they not able to become rich, despite their best efforts? If you aspire […]
Frank W. Abagnale was arguably one of the most successful and prolific con men of the mid-20th century. Before he was 21, he was an accomplished imposter and a master in check forgery. Abagnale cashed over $2.5 million in forged checks in his lifetime. His story was brought to the big screen in the 2003 […]
A diamond is forever, but the public demand for shiny gems is always in flux. After a boom period value peak in 2011 diamonds have steadily lost their value. De Beers, which controls more than 40% of the rough diamond global supply, profits by selling rough gems to diamond merchants. The value of rough diamonds […]
The average American car can cost as much as $40,000. Still, many people are eager to get one or a new one. A car is a status symbol to many people, not just a means of transport or work commute. If money was no object, what kind of vehicle would you get? Is $345,000 too […]
Did you know that twice as many people leave New York City daily than they did a year ago? More than 277 people leave New York City every day, or, an average of 101,105 people annually. This is the highest daily exodus in the country. Just 201 people leave Los Angeles every day. An estimated […]
Owning a home is a significant sentimental and emotional investment for a homeowner. But owning a home is not really a significant financial investment — unless you are a shrewd house-flipper in a can’t-lose housing market. After all, a home can be a money pit if you don’t know what you are doing. And being […]
The labor market is historically very tight, yet many Americans go without raises. Less than 70% of companies offer a 3% pay raise annually, an amount that barely keeps pace with inflation. About 19% of companies don’t offer raises. More than 2.4% of the American workforce quit their jobs in the middle of 2018. Some […]
Getting medical care is expensive in the United States. More than $3.5 trillion was spent on healthcare services in 2017. That averages to $10,700 for every patient. About 71% of all medical expenses are mitigated via private and public health insurance. Yet 10% of that $3.5 trillion estimate is paid directly out-of-pocket by patients without […]
Having a place that you can call home is a quintessential part of the American dream. Not everyone, however, can afford to buy a home any time they want, even when the economy is good. Not only do you need to qualify for a mortgage. You also have to make a considerable down payment in […]
