I recently did a shortcast on what inflation means. You can subscribe to my podcast on any of these sites below. Survey Results Show People Feel Expenses Are Coming Down From the recent survey results, people are feeling more hopeful about future finances. Median expected monthly overall spending growth over the next twelve months …
Much of what we read is all high-level safe stuff about what people should do when facing tough economic times. And a whole lot of that advice is good for the masses, but what about what is best for the individual, you. The government wants consumers not to lose confidence during tough times. The economy …
Dear Steve Hi! I am a piano teacher, and due to the bad economy have very few students, even though I am used to having plenty. We just moved because we could no longer afford where we lived. We gave up our house in a deed in lieu of foreclosure. My husband took a cut …
Accenture just put out a rather scary look at the pandemic financial challenges that have been put off or hidden by government stimulus. And this is very important information to you and me as consumers. The report by this well respected consulting firm says that as the government stops stimulus efforts to prop up the …
Bob Sullivan just published a really good article talking about the income inequality facing people today. He challenges all political candidates to take a closer look at why America is struggling to get ahead. Here is an excerpt. You can read the full article online, click here. “Let me give you a head start. For …
Data on millions of American’s shows spending and expenses are up in a number of categories. You probably don’t need me to point that out for your own budget. The data shows spending is up significantly for health care, education costs, and expenses for our dear (sweet?) children.
So much of what you hear about the recent economic trends of people learning grand lessons about avoiding debt, are just not true. While the level of unsecured consumer debt has decreased over these past four years, it’s not as if that was some grand American consumer awakening. No, that was the result of poor …
A new study out by The Pew Research Center shows a correlation between a decline in the economy and birth rates. Apparently since 2008 there has been a sharp decline in not only our economy but also fertility rates in the United States. In 2007 the United States hit 4,316,233 births, a record high number, …
I was reading It’s Official: You Can’t Blame Banks For Not Lending Anymore and the statement was made: There’s also the possibility that, while there is less of a demand for new debt, banks are also on the brink of tightening lending standards again, worried about new capital requirements from the Fed and Basel III. …
Under what has to be classified as the irony of capitalism, American consumers are doing more to prevent themselves from kickstarting a robust economy. Look, I’m all about getting out of debt and enjoying a life worth living, and this recent piece by Ben Stein was awesome to talk about a life worth living. [flashvideo …