Friday , 13 December 2019


Finance

Median Household Incomes By Age Bracket: 1967-2018

In the 50+ year history of this data series, there has never been such an ugly period of contraction since the Great Recession. The contraction ended shortly after the downturn, within a couple of years, depending on the age cohort. The 2017 data gives hope that household incomes are continuing to increase at a sustainable pace and will not begin declining in the near future.

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These 10 Money Ideas Have the Power to Change Your Life (+8K Views)

Personal finance isn't nuclear physics - just spend less than you earn, save and invest the rest - but knowing what should be done and actually doing it, however, are two different things. Here are 10 money lessons I wish I had known when I was 20 which have the power to change your life if you are willing to embrace them. Words: 1340

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Ben Bernanke On the Pros & Cons of Negative Interest Rates (+3K Views)

We can't rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? In this and a subsequent post, I discuss some policy options the Fed might consider, focusing first on negative interest rates.

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How to Thrive While Living on a Fixed Income in Retirement

…Living on a fixed income doesn’t necessarily relegate you to a life of scrimping and penny-pinching. Many retirees live on a fixed income of some kind, and it’s definitely possible to live well on a fixed income — the key is careful financial planning and budgeting. Create a Budget It all starts with getting a handle on your income and …

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