Overall I’m optimistic about the way the economy is moving. Taxes are the lowest they have been in generations, unemployment is at a 50 year low, interest rates are relatively low, and inflation is below 2%. These are all good things. Despite how optimistic I am, I also am a …
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 …