I hate to admit it, but my quest for financial independence did not start from a vision of a beautiful blue sky future, my quest for financial independence was born out of fear. When I entered the workforce in 2005, Michigan was in a single state recession, and was hit …
I came across a study recently that talked about the average household wealth in the United States, and it was broken down by race. When I started reading it, I thought there might be a small difference between white and black households, MAYBE a 25% difference. What I found when …
The United States has not balanced the federal budget since 2001, in fact the federal budget was only balanced for 1998, 1999, 2000, and 2001 since 1970! Also, in every one of those years the budget only balanced because Social Security revenue was greater than expenditures and the government used …
I say it all the time, “The Number 1 rule of economics is people respond to incentives.” Anytime legislation is passed that requires employers to do something in regards to its employers the employers will find the least costly option available. The law requiring companies to pay time and half …