The truth is that the agenda of the Koch brothers is to move this country from a democratic society with a strong middle class to an oligarchic form of society in which the economic and political life of the nation are controlled by a handful of billionaire families.
Napoleon's definition of a military genius was "The man who can do the average thing when all those around him are going crazy." Rich people are similar. They remain normal when everyone else can't.
I didn't want to work the next five, 10, or 30 years of my life and have nothing to show for it. I started to venture outside my comfort zone and aggressively learn and invest moderately. That's not to say I have a grand portfolio, but I've definitely put myself in a position to succeed.
No matter where, or how, our children are getting their financial education, here's something that I know for sure: Parents are hungry to teach their kids the basics of personal finance.
In a world where breaches (exemplified by "Heartbleed," Target and all stripe of individual, corporate and government database compromise) and identity theft have become the third certainty in life, jealously guarding our privacy must be our individual missions.
According to a January 2014 Schwab Money Myths survey, no matter how savvy we think we are, there are still a lot of financial misconceptions floating around out there. And surprisingly, a number of those misconceptions aren't about esoteric investing theories; they're about everyday financial situations.
The backlash against the current pay structure was ignited by the influx of residential luxury new developments where even starting prices are guaranteed to have a multi-million dollar price tag.
We are a generation of maximizers, and it's both a blessing and a curse. Sure, we can identify what we like, online, on our phones and in store, but liking a product simply isn't enough to make us buy it.
During Financial Literacy Month, while many experts concentrate efforts on educating students and retirees, it's important to consider how employers can lead the charge in improving and educating their employees to be financially healthy.
As with weddings and vacations, spending on prom can easily spiral out of control, especially if your teenager isn't used to sticking to a budget. Use this as a learning experience by getting your kid involved making tough decisions, helping to prioritize expenses from vital to non-essential.
Saving up your hard-earned cash to stash away an emergency fund? Well, it can be a hard sell. Spare cash can be hard to come by, and, after all, taking a vacation is a heck of a lot more fun. Or at least a lot of us seem to think so.
With the costs of basic necessities rising and wages stagnating, minimizing unnecessary and wasteful spending is more important than ever.
There seems to be a general belief around this time of the year that if you're getting a refund, then you should spend it on something fun. All the ads urging us to go out and splurge certainly seem to think so. But is that really the case?
Decide how you are going to spend your time. What are you going to do during the first six to twelve months in retirement, and what do you plan to do for the rest of your retired life?
Nothing too surprising -- those who pay more in federal taxes think they're too high; almost nobody thinks their tax bill is too low. But departing from the data a bit, there are two factors that I suspect have an impact on our general perceptions of tax fairness.
hen the IMF was founded in 1945, the world looked very different than it does today. One of the most profound differences is the structural demographic shift from "young to old," where by as soon as 2020 there will be a billion of us over 60, soaring to two billion by mid-century
Remember, market corrections are a part of investing, like it or not. Stick with your plan.