The Exploding Income Gap

by Braden Goyette, ProPublica The nonpartisan Congressional Budget Office recently released a much-discussed study showing that over the past three decades the income of the highest-paid Americans has soared while the income of others has grown much more modestly. Here’s a rundown of some statistics illustrating the growing income gap. But first, some context. These … Read more

Money Can Buy Happiness

For those of you that say money can’t buy happiness. I will tell you today what I’ve said my entire life: I’d like to believe you, but I don’t. The National Academy of Sciences released a research report this past Tuesday that showed people’s happiness and emotional well-being elevated with increasing income levels. The study, … Read more

Get Out of Debt

Struggling to get out of debt ? If so, you aren’t alone. Millions of Americans are drowning in debt. They are overextended to the point of filing bankruptcy or losing their home to foreclosure

We’ve Been Downsized Into a Financial Disaster. – Annie

Annie “Dear Steve, My husband ran an in-house print shop until four years ago. The company decided to out-source and he lost his job, but was offered another position in the company (in their residential construction department – can you see the writing on the wall?) but took a 20% pay cut. We made $120,000 … Read more

Janet Is In Trouble. She Says “I’ll Be Out Of Money Soon. What Should I Do?”

“Dear Steve, I bought my first home, moving from Pennsylvania to Florida, the only place I knew all my life, following the death of my beloved mother. I was able to put a down payment on a house in a beautiful community in Florida, & live rather cheaply as compared to Pennsylvania. Unfortunately, the job … Read more