Every time someone tells me they are buying gold because of inflation fears, I cringe. First, I don't see a risk to higher inflation and, second, even if we have high inflation, don't count on gold as a hedge. Here's why:
Read More »A Comparison Of Household Spending – By Country – For Different Expenses (+2K Views)
The Economist infographic below shows how much people in households around the world allocate to different expenses such as food, housing, recreation, transportation, and education.
Read More »Credit Card Debt Binge Making Americans Debt Slaves Again (+2K Views)
The final effort in the debt-fueled “recovery” of the U.S. economy from the Great Recession - the increase in consumer credit card debt - is seen by Equifax as that of "American consumers...getting on with their lives.” Yes, indeed, their lives as debt slaves!
Read More »8 Signs You’re Flirting With Financial Ruin (+2K Views)
Are you heading for a financial fall? The line between a future of financial solvency and one of distress is thinner than you might think. Bankrate offers eight signs you're flirting with financial ruin. If four or more of these signs sound familiar, it's time to seek help. [Take a look.] Words: 1697
Read More »Why You Might Not Be Getting Rich & What To Do About It
Consider how much money you could have in 10 to 40 years if you stopped wasteful spending now and invested that money instead.
Read More »Where In the U.S. Do People Make the Most Money & Live the Most Cheaply? Here’s Where (+2K Views)
Where are the cheapest and priciest areas located in the U.S.? Where do people make the most money? Some of the answers might surprise you.
Read More »Greece: Fuse On Global Debt Bomb Now Lit – Watch Out!
The fuse on the global debt bomb has been lit. We are now officially in the crisis to which the 2008 meltdown was just the warm up. Here's why.
Read More »Average U.S. Individual & Household Incomes Surprisingly Low – Take A Look
For a consumption based economy asking “how much do Americans earn?” is a vital key to our long-term stability. Each household has a propensity to spend and the ability to consume is largely derived by income. Debt has made it easier for households to spend future wages but these two important reference points measure the health of total wages for households and that of individual workers.
Read More »Throw A “Gold Party” & Have Fun Making Money – Here’s How
"Gold parties" are an easy way to do something unique, have fun, and make some extra cash for both you and your friends - and their friends too. Here's how to go about having one of your very own.
Read More »Want to Become Rich – Very Rich? Here Are the Traits & Habits Of Successful Billionaires (+2K Views)
What are billionaires good at besides achieving goals and rolling in the dough? Some of their habits and personality traits may surprise you. Who knows, adopting some of the characteristics and good habits of successful billionaires could help you along your path to greater achievements and riches.
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