Generational wealth may sound like something reserved for the elite 1% of Americans, unattainable for everyday people. However, nothing could be further from the truth. The term “generational wealth” simply refers to any assets passed on from one family member to another. This could include anything from a family business to stocks, savings, or real […]
Category Archives: How to Build wealth
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Pixel-Shot / Shutterstock.com Two states are considering changes to their tax code that would leave more cash in the pockets of retirees. Both Michigan and Iowa are weighing separate proposals that would eliminate taxes on retiree income. In Michigan, Gov. Gretchen Whitmer has proposed rolling back state taxes on retirement income by the end of […]
vectorfusionart / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. Congratulations! You finally got that raise you’ve been working toward. The extra money in your bank account is going to help secure your finances and get you closer to your goals… right? Not always. Sometimes the excitement of putting more cash in […]
A StockStudio / Shutterstock.com Since the short pandemic-induced recession of 2020, the job market has recovered quickly. At the onset of the pandemic, the U.S. lost over 22 million jobs, but according to the most recent data from the Bureau of Labor Statistics, nonfarm employment is currently just 4.2 million lower than pre-pandemic levels. While […]
Kathy Hutchins / Shutterstock.com For many Americans, the pandemic has been a uniquely difficult time — full of upheaval, uncertainty and loss. But for a lucky few, it’s been full of much gain. When taken combined, the world’s 10 wealthiest people “more than doubled their fortunes from $700 billion to $1.5 trillion — at a […]
Syda Productions / Shutterstock.com Americans are quitting their jobs in record numbers. Resignations hit an all-time high in November, at 4.5 million, according to the latest data from the U.S. Labor Department. The wave of quitting — often dubbed the Great Resignation — has been going on for many months, and no one knows if […]
Vladitto / Shutterstock.com Many of us dream of retirement. But once we get there, worries about money can cause some restless nights. Having a source of income during our golden years helps put us at ease. And many people are making plans to generate such cash after leaving their full-time jobs. Recently, Logica Research published […]
ImYanis / Shutterstock.com Editor’s Note: This story originally appeared on The Penny Hoarder. One of the most significant workplace changes that came from the pandemic has been the economy-spanning shift away from the traditional office environment to remote work. Many companies that never offered it now have a remote work option. Some companies that were […]
If you’re searching for a new job, you know how hard it is to break through the crowd of applicants for every open position. Since many job openings today are listed exclusively online, getting your resume noticed when hundreds — and maybe even thousands — have been submitted for the same job can be a […]
The process of seeking new job opportunities can be time-consuming and even a bit disheartening, especially if you’ve been at it for a while. Once you find the job opening of your dreams, though, you may have to wait for an offer to come your way or move the process forward yourself by asking the […]