The Census Bureau released the official income statistics for 2019 a few weeks ago. In 2019 the median household income in America was $69,560, marking a substantial 8.1% increase from the 2018 median of $64,324. As a comparison, the official...
When the crisis of the coronavirus and COVID-19 became real, the U.S. stock market fell 34% from it’s peak on February 19th, 2020 and bottomed out on March 23rd. Many panicked during that time period and sold equities for the...
Welcome to “Thank God I’m FI” Friday, Volume #26! * This marks the one year anniversary of my T.G.I.F. Posts! I’m delighted to say it’s been a huge success as they’re quite popular and I’ve received more than a few...
Americans collectively owe approximately $1.35 trillion in auto loan debt. Trillion, with a “T”. We’ve heard the constant drumbeat of the student loan crisis for a long time now, and rightly so. Total student loan debt in America is even...
As I wrote about on Tuesday, Americans have been saving at levels never seen before due to the COVID pandemic. Some people are saving because they’re eating out way less, others because they’re not traveling for vacation. But the massive...
“How do you save 33% of your income? I could never do that!” Surely many of you financial warriors and frugal freedom fighters have heard something like that before. Once you’ve been outed as a being frugal or a saver...
Welcome to “Thank God I’m FI” Friday, Volume #25! Here are some things I really like and that you might too. Finance Articles “Won’t You be Bored?” Why Creatives Thrive in Financial Independence (Minafi) – “Some people claim they’d...
In 2012 Kathleen Edwards had it all. She was a famous singer-songwriter with critically acclaimed albums and numerous music awards to her name. You may have never heard of her, but Edwards was not a minor act. She appeared on...
The U.S. housing market is on a tear and not looking back. Usually when unemployment rises and the economy slows, housing prices suffer. Not this time. Of course there’s nothing normal about the jump in unemployment from March and the...
Welcome to “Thank God I’m FI” Friday, Volume #24! Here are some things I really like and that you might too. Finance Articles How $50,000 in Student Loans Affects the Path to Wealth (We Want Guac) – “The powers-that-be...
Who’s middle class and who isn’t? In the realm of money and finances this has to be one of the most contentious questions. To be middle class is to insinuate that you’re in or near the middle of the range...
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