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.
What does one need to understand to help you come to terms with the 20 percent down number? Let us explain. See below for all the reasons why you should love the idea of a 20 percent down payment.
In this post, I address the assertion by Michael Lewis during his 60 Minutes interview and in his new book, "Flash Boys," that the market is "rigged" by high-frequency traders.
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.
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.
Some of the most important pathways to middle class American life become out of reach when one has little or no credit history. Buying a car or house, or sending a child to college can become close to impossible.
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.
With the costs of basic necessities rising and wages stagnating, minimizing unnecessary and wasteful spending is more important than ever.
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.
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
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.
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.
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.
Remember, market corrections are a part of investing, like it or not. Stick with your plan.
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.