iOS app Android app

Income

Inequality for All: The Republican Goal

Gerry Myers | Posted 09.09.2014 | Politics
Gerry Myers

By continuing to cater to the rich who don't want to impose reasonable regulations on Wall Street, Republicans continue to propel the injustices of the past. The corruption and the fraud that made the rich richer and collapsed our economy continues to be unrestrained.

The Downside to Lower Labor Costs in the Sharing Economy

Maureen Conway | Posted 09.08.2014 | Business
Maureen Conway

In this country, we believe in the value of work. The American ideal is that if you work hard and save then you should be able to pay your bills and take care of yourself and your family. In other words, you should not be poor.

Mine! Mine! Mine! Keeping Your Business Monies Straight

Mark Steber | Posted 09.08.2014 | Business
Mark Steber

Ever feel like you are part of that scene from a movie where the seagulls are fighting over a crab only it's your money and you are trying to keep a scrap of it? Here are some strategies to help you keep what is yours and ensure what you have collected for others is handled properly.

Minimum Wage, Pandering Politicians, and Crony Capitalism

Kevin Price | Posted 09.05.2014 | Business
Kevin Price

Fundamentally, most policy makers have failed to realize that those who are impacted by laws, respond to the laws accordingly.

Five Signs We're Not A 'Post-Racial' Society

Sean McElwee | Posted 09.03.2014 | Politics
Sean McElwee

It's impossible to delineate every way race affects us every day, but a cursory examination of major structural racial problems can give us a feeling for how far we still have to go.

You Have Chosen Your Current Income

Meiko S. Patton | Posted 08.26.2014 | Business
Meiko S. Patton

What if you were told you are earning today exactly the amount you have chosen to earn, no more and no less -- that you are where you are financially because you have chosen to be right there. Would you agree with that? Most would adamantly disagree.

Lean On: Workers, Work and the Spouses Who Help Us Succeed

Wray Herbert | Posted 08.22.2014 | Science
Wray Herbert

We marry for "richer or poorer," but does our choice of partner actually make us richer or poorer?

Will You Be Able To Retire?

Bradford M. Pine | Posted 08.13.2014 | Money
Bradford M. Pine

Aside from the question of whether your spouse is ready for you to be around all day, making the decision to retire requires an enormous amount of financial preparation. How do you know if you're ready?

Put Your Money to Work!

Steph Wagner | Posted 08.01.2014 | Women
Steph Wagner

It's tempting to fixate on the dollar amount of your paycheck. But the fact is: What matters far more is what you do with those dollars -- and what you allow those dollars to do for you over time. True financial freedom doesn't happen until you've put your money to work for you.

What Does The Minimum Wage Do? An Interview With Author/Economist Paul Wolfson

Jared Bernstein | Posted 07.24.2014 | Politics
Jared Bernstein

To celebrate the fifth anniversary of the last increase in the federal minimum wage and to call attention to the fact that the federal wage floor has not risen in five years, the U.S. Department of Labor has declared July 24th to be a "Day of Action."

The Case for a Guaranteed Minimum Income

David Vognar | Posted 09.07.2014 | Politics
David Vognar

The lack of a guaranteed income floor has been a social and cultural issue that has considerably affected America. It is also a leading reason why interpersonal violence, psychological struggle and economic collapse happen.

Poor Hillary?

Chris Weigant | Posted 09.01.2014 | Politics
Chris Weigant

Poor Hillary? I don't think so. I think she's perhaps a little surprised at which particular aspect of her life is now being attacked (if she had a cartoon thought bubble over her head right now, it might read: "This is all you got? Really?!?"), but I don't think she's surprised the attacks have started.

How to Increase Your Income by 60 Percent

Lauren Bowling | Posted 09.01.2014 | Money
Lauren Bowling

Let's face it -- opportunities to significantly increase your income are few and far between. Diversifying your income streams, either through multiple jobs, a side hustle, or a rental property is always a good idea.

F. Scott Fitzgerald's Last Will and Testament

Anne Margaret Daniel | Posted 08.31.2014 | Books
Anne Margaret Daniel

He died in Hollywood on December 21, 1940, eating a chocolate bar and making notes in pencil on a football story in the Princeton Alumni Weekly. The last words F. Scott Fitzgerald ever wrote complimented the author of the story: "Good prose."

Adventures in Online Dating: Should You Reveal Your Income?

LearnVest | Posted 08.19.2014 | Women
LearnVest

There are some women who only date guys with salaries in the high six-figures, but I am not one of them. Actually, my mother chastises me for dating men of modest means. And, to be honest, meeting a guy who makes six figures makes me think, Oh, he's out of my league.

America's Dying Factories Are Widening Income Inequality

AP | By MICHAEL RUBINKAM | Posted 08.15.2014 | Business

READING, Pa. (AP) — In August 2008, factory workers David and Barbara Ludwig treated themselves to new cars — David a Dodge pickup, Barbara a spor...

The Costs of Inequality to the Growth of Most Households' Incomes

Jared Bernstein | Posted 08.03.2014 | Business
Jared Bernstein

Occasionally I run into people who want to argue that the increase in inequality is just the benign outcome of "just desserts" as economist Greg Mankiw frames it. It may boost those at the top, but not at the expense of others. By this metric, not so.

The Current Economy: Green Shoots or Brown Ones?

Jared Bernstein | Posted 07.29.2014 | Politics
Jared Bernstein

I was listening to an interview with Tim Geithner this weekend, and after going through his new book, they asked him where he thought the economy was headed. "I don't believe forecasts," he said, which sounded smart to me.

7 Questions You Need to Ask About the New Qualified Mortgage Rules

Michael Corbett | Posted 07.01.2014 | Money
Michael Corbett

After a tumultuous few years in the housing market, the rules are starting to change -- for the better. Here are seven frequently asked questions about the new 'qualified mortgage' rules and answers about how it affects your mortgage.

Do You Earn a Living Wage?

Reboot Illinois | Posted 06.21.2014 | Chicago
Reboot Illinois

Debate over the minimum wage is all the rage at the moment at both the federal and state levels.

Divorce Confidential: The Importance of Being Financially Savvy During Divorce

Caroline Choi | Posted 06.18.2014 | Divorce
Caroline Choi

Budgeting your finances and being mindful of how you spend will be key in creating a foundation for a healthy financial picture going forward.

Women in the U.S. Are Still Second-Class Citizens: Not Interested? You Should Be

Samantha Paige Rosen | Posted 08.05.2014 | Politics
Samantha Paige Rosen

Despite the progress women have made in the last several decades, they are still treated like second-class citizens in all the ways that matter. Caring about the equal treatment of women in society doesn't make people feminists -- it makes them good humans.

Are you a SINK? The Manifesto for The-Single-Income-No-Kids Female

Christine Deakers | Posted 05.21.2014 | Women
Christine Deakers

What's the function of a woman who's married, yet childless? Better yet, what's the function of a woman who is single by volition, financially independent, and has no kids?

America's Most Unequal Metros

Jed Kolko | Posted 05.13.2014 | Business
Jed Kolko

Income inequality has been growing in America, driven by technology, globalization and other factors. It's caused tensions between the haves and have-...

Which Illinois Counties Have the Highest Median Income?

Matthew Dietrich | Posted 05.11.2014 | Chicago
Matthew Dietrich

The progressive tax versus flat tax debate is raging on -- if Illinois moves towards a progressive tax system, where taxes vary based on income, counties with higher median incomes will probably have a lot to say.