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 Miranda | Finance, Personal Finance
One of the things I find most interesting about the interactions between people and their money is the fact that so many of them have no idea what they want their money to do for them. They pay the bills, buy a few things, set aside money for retirement, and may even...
by Miranda | Family Finance, Finance, Personal Finance
We often think about “being middle class” as living with enough. If you’re middle class, you might not be “rich,” but you usually have enough to cover your needs and some of your wants. We often think of being middle class as being able...
by Miranda | Finance, Investing, Retirement
One of my favorite accounts is the Health Savings Account (HSA). The HSA is a tax-advantaged savings account that provides you with a tax deduction now, and, if you only use the money for qualified expenses, grows tax-free to boot. It’s an account that allows...
by Miranda | Finance, Personal Finance, Retirement
Every October, the IRS takes a look at the Consumer Price Index for the 12 months from September to September and determines what changes should be made in terms of cost of living increases for Social Security, as well as the rules for contributions to tax-advantaged...
by Miranda | Career, Finance
Often, we hear that you should follow your passion. As long as you are doing what you love, and you put in the work, you will succeed financially. You’ll neverĀ feelĀ like you are working, and you’ll have material success as well as the warm fuzzies that...