Finance Xpress

One of the concerns about the resumption of student loan payments is that it could tank the U.S. economy. Paying back student loans may cause consumers to reduce spending to the point of causing another recession. About 43.4 million Americans have federal student loans, collectively amounting to $1.63 trillion of debt, according to the National …

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The mortgage interest deduction is a positive benefit for homeowners. This itemized deduction allows homeowners to subtract mortgage interest from their taxable income, thereby lowering the amount of taxes they owe. The current maximum mortgage interest deduction is based on a $750,000 mortgage amount. Before the Tax Cuts And Jobs Act (TCJA) passed in December …

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Now that the Supreme Court has outlawed affirmative action in college admissions, it's time to look at the next layer of affirmative action: getting a job based on identity versus merit. This is the diversity hire dilemma some of you or your children might one day face. At the end of the day, the whole …

The Diversity Hire Dilemma: How To Get Paid Based On Identity, Not Merit Read More »

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The longer you are retired, the harder it may be to find a job if you want to go back. In this article, I'd like to share the difficulties I've faced finding employment in a new field. My situation should help folks think more carefully about early retirement and staying out of the workforce for …

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Housing affordability is at or near an all-time low and the Fed is partly to blame due to its aggressive rate hikes in such a short time frame. The Federal government is also partly to blame due to excess stimulus spending during the pandemic. However, this is not a post about who is to blame …

The Housing Affordability Problem Is Creating A Nation Of Renters Read More »

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With interest rates surging, oil prices rices, stock markets falling, the government stalling, and the housing market grinding to a halt, it seems inevitable another recession is just around the corner. Surely, there will be a bunch more regional bank failures given Silicon Valley Bank, First Republic Bank, and Symphony Bank all failed when the …

A Recession Preparation Checklist To Survive Bad Times Read More »

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We've all heard of men buying midlife crisis cars to feel more alive. But what about buying a midlife crisis house? Have you ever thought of such an interesting thing? Let's say you're living in a perfectly fine house that fits all your needs. It has the best layout with the right number of bedrooms, …

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