A reader recently suggested on Twitter that, even though our government borrows almost one dollar for every two we spend, we need to spend even more because 25% of Americans are in poverty. That brought up several questions for me: Are 25% of Americans really poor?...
We may be about to hit the ceiling. Unless Congress and the President come to some agreement sooner, on August 2 the United States will reach the legal limit of its borrowing capacity. The usual response from Congress when we come close to the debt ceiling is to pass...
For months politicians have threatened to not raise the debt ceiling, but not many people thought it would get this far. In just under 3 weeks, the US will hit the “debt ceiling,“ which is our country’s borrowing limit. Both Republicans and President Obama want...
When it comes to transparency and understanding who represents whom, the financial service industry could learn a lot from the real estate industry. When you are a customer, the salesperson’s job is to sell you a product or a service. While salespeople and their...
We’re pleased to feature a guest post from Kathleen Fox, co-author with Rick of Conscious Finance. Would you like to be rich? This might seem like a stupid question with a no-brainer of an answer. “Well, duh—of course. Who wouldn’t?” Quite a...
