Parents are often pressured to provide their kids with more: more toys, more classes, more experiences. But increasingly, parents are choosing to give their children more by giving them less – space that is. According to the 2015 report by the U.S. Department of Agriculture, housing represents around 30% of child-rearing expenses. However, this figure is… Kids Sharing Bedrooms – Ideas to Fit Multiple...
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As a personal finance expert, I always come across spending statistics that surprise me, make me sad, and some that make me worried. The statistics in this blog post are about people’s average money habits, and they may surprise you. But, I want you to be aware of them so that you can be better than “normal.” Maybe you will find them so...
Posted by: John S Kiernan Americans are born with an entrepreneurial streak. It’s in our DNA. From Manifest Destiny and the Gold Rush to the Industrial Revolution and the Internet Age, intense periods of innovation have molded our economy and sparked important societal advancements. Today, more than 15 million people in the U.S., or about 10 percent of the labor force, work for...
Ever wonder how net worth compositions change the wealthier you get? Look no further as I stumbled across this great chart from VisualCapitalist.com that highlights how much each asset is as a percentage of net worth at various levels. If you want to get rich, it’s good to study how the rich allocate their money. Notice how red (primary residence) quickly shrinks the...
Posted by: Alina Comoreanu Traveling abroad can be taxing, especially on our wallets. We spend more than $245 billion on international travel each year. And that works out to roughly $3,390 for each of the 72 million Americans in on the action. Whether you travel by plane, train, bus, car or boat, having the right plastic in your pocket can make life a...
