debt economy

If you’re in your 20s or 30s, forget about saving for retirement. I don’t mean forget about saving and investing, I mean change your saving goals from “retirement” which is…

Anywhere you find financial reporting, you’ll find conventional investment wisdom on display. Whether it’s online or on cable television, it’s never far from our eyes and there are many people…

It’s interesting to watch the investment world because, over time, you start to notice that it has fashion trends, just like the clothing industry. Hemlines go up, hemlines go down,…

I’m sure everyone has heard the old truism that money can’t buy happiness. The problem with that statement is that scientific experiments have shown, again and again, that higher incomes…

The numbers don’t lie, Americans are addicted to debt. The numbers available as of July 2014 paint an alarming picture of a populace drunk on borrowing and on a collision…

The news is bad when it comes to credit card debt but buried in that news is a glimmer of hope for the future. First here’s the bad news. According…

It really seems quite insane some days. Millions of Americans are jolted out of a sound sleep by the alarm clock and spend a weary hour getting dressed and amping…

It’s hard to believe but identity theft has been a federal crime since the late ’90s. Slowly but surely we’re actually getting better at both preventing identity theft and dealing…

It’s not unusual to hear people complaining about the government, and about how Wall Street is corrupting our political processes. It is certainly true our political process is corrupt —…

There are a lot of reasons people end up stuck in financial mediocrity, and almost none have anything to do with how much money they make. Unless you are at…

A pair of opinion polls carried out earlier this year brought to light some interesting views about the American Dream. While the dream is indeed dead for many, it’s not…

There were many policies and practices that came together to cause the Great Recession of 2008, but certainly the trigger was subprime lending in the housing market. People were getting loans…