by Tom Drake | Finance, Personal Finance
We’ve been hearing a lot lately about the wealth gap in the United States, as well as the growing number of poor people. But what constitutes “poor”? One of the measures used by many is the poverty line. Every year, the United States government puts...
by Tom Drake | Finance, Personal Finance
One of the more interesting firings recently was that of Groupon CEO Andrew Mason. While talk of the fundamentals of Groupon as company is sure to circulate, and it will be interesting to see what direction the company goes from here, what I thought was interesting...
by Tom Drake | Finance, Retirement
According to a recent study published by MoneyTips.com, 49 percent of retirees worry about their financial situation. Even though these retirees might be successful, they are plagued with concerns about the future, and whether or not they will live to fight another...
by Tom Drake | Personal Finance
Whether you’ve earned a promotion at work, received a merit increase or have been given a cost-of-living increase, a bigger paycheck is always welcome. However, that extra money can quickly disappear if you aren’t careful. Considering switching banks to...
by Tom Drake | Finance, Insurance
One of the basics of financial planing is to understand the difference between assets and liabilities. When you start looking at where you spend your money, it’s usually pretty easy to decide whether something should be considered an asset or a liability. Life...
by Tom Drake | Career, Finance
Are you a financial professional? Are you looking for your big break? Perhaps you are working on an undergraduate degree in financial services and wondering what certifications you should pursue. Whether you are new to the numbers game or a seasoned vet, you have...