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More Americans Joining Ranks of Wealthy

What would it take for you to become a one percenter? How much net worth would put you in the wealthiest one percent in the United States? In a recent discussion with a colleague, I suggested this number was $1.2 million. He said $9 million. Turns out the real answer, which is surprisingly hard to […]

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What Is a Middle-Class Income?

The middle class. Marketers target it. Politicians champion it. Economists talk about it. Most of us consider ourselves part of it. Yet, when I’ve asked for a clear definition, I have not found anybody yet that really can tell me what “middle class” is. I recently posted on Twitter that $90,000 was a middle-class household […]

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