Finance

U.S. consumers accumulated more new credit card debt during the 4th quarter of 2015 than they did during the years of 2009, 2010 and 2011 combined. That is absolutely insanity, because other than payday loans, credit card debt is just about the worst kind of debt that consumers could possibly go into. Extremely high rates of interest, combined with severe penalties and fees, can choke the financial life out of almost any family in no time at all.

Today’s infographic describes the world’s wealthiest billionaires under 35 years of age.

How is it that a handful of people were able to see the financial crisis of 2008 coming? How could they see what nobody else saw? Easy. They looked, and they should again, because there are 9 ominous similarities between 2008 and 2016.

Differences in U.S. state taxes result in residents paying considerably more or less than their neighbors in other states. Here is a ranking of the most & least burdensome tax rates by state and the District of Columbia.

If people know for sure they'll have enough money for essentials, will they contribute more to society? That's one of the many questions Canada aims to answer with a new pilot program that will give free money to citizens for doing nothing.

In general, gambling is a pretty dumb idea too. The house has always ainvesting10 higher chance of winning than you and falling under the impression that you might just get lucky can hardly result in anything profitable. Here's a look at the actual things that should be avoided at any costs - the most stupid things you can do with your funds.

Why are so few voices warning the people about what is coming? We stand at the door of a period of distress that will be unlike anything that any of us have ever known before yet, even though the signs are all around us, very few individuals appear to be willing to stand up and sound the alarm...[While I may] get some criticism for this article...I just hope I can inspire [you]... to help warn America (and the world) about what is rapidly approaching. It doesn’t matter if your voice is big or small. What matters is whether or not you are faithful with what you have been given. Let us sound the alarm while we still can, because time is quickly running out.

How do you know how much is enough? Being able to answer this question means having a sense of “good enough” inside, which results in an internal affirmation of worth. If you equate love and self-esteem with money and power, “more” will never be enough.

Soon the problems in the world economy are likely to resume with a vengeance leading rapidly falling asset markets and currencies. Gold and silver will move up very strongly. The lucky few who can afford some physical gold will weather the storm better financially - but no one will escape the suffering that will hit the world in coming years.

Money is part of life and sometimes it allows you to make a decision out of love...Perhaps you save to give to a specific charity, or to help an animal or take your family on a special trip every year. It’s not the money, it’s what it adds to the fabric of your life and the good you do with it based on strong feelings and beliefs. Are you saving for what and who you love for tomorrow and most important, today?