Personal Finance
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Wealth Distribution In The U.S. Since 1989 By Race, Age, Education And Generation
We’re not sure how long the Federal Reserve has been tracking wealth distribution data, but we took a look back to the earliest year they have on their website: 1989. Ah yes, 1989, the year Taylor Swift was born. Back…
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TikToker Explains How Tax Brackets Actually Work In Under One-Minute
Most people have heard of tax brackets, but do you really understand how they work? Understanding tax brackets is an important part of one’s personal financial literacy, especially when calculating one’s post-tax income. Even so, a few things in life…
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Income Needed To Afford A House In 2022 Vs. 2020 Shows How Much Havoc Inflation Has Caused
It’s the word that’s on the tip of everyone’s tongue right now: Inflation. Inflation is the dominant storyline of 2022, with consumers feeling the squeeze in their wallets. Inflation isn’t budging from 40-year highs. The Fed continues to raise interest…
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Warren Buffett Says He Wouldn’t Buy All The Bitcoin In The World For $25
Warren Buffett won’t be investing in bitcoin anytime soon. In fact, you could practically gift the legendary investor cryptocurrency and he wouldn’t want it. Buffett’s repudiation of bitcoin came during 2022’s Berkshire Hathaway annual shareholders meeting. “If you said for…
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This 42-Year-Old Will Retire Next Year With A Net Worth Close To $5M — Here’s How He Did It
Welcome to Money Talks, a millionaire interview series featuring anonymous millionaires to learn more about how people make money and accumulate wealth. Today’s edition of Money Talks features a man who calls himself “LandShark” (follow him on Twitter @IAmLandShark) and is a…
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4 Critical Questions To Ask Before Buying A House In 2022
Are you considering taking the plunge into homeownership? There are several factors in deciding whether right now is the best time for you to buy a house. Here are four critical questions you should ask before buying a house in…
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The 10 US Cities That Had The Largest Spike In Home Prices
The real estate market has been booming in 2021. Home prices in August were up nearly 20%, according to data from S&P CoreLogic Case-Shiller. There were certain cities where house…
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Here’s How Much Average Debt Americans Have At Every Generation
Americans added $660 billion in debt during the pandemic, according to personal finance site Money Geek. But Americans were piling on debt before the pandemic as U.S. credit card debt…
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Gen X Wealth Doubled During The Pandemic – Here’s How
According to new data from the Federal Reserve, Gen X is finally getting better with money – both in earning and saving. Generation Xers will be the first to admit…
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New Survey Shows How The Pandemic Changed The Way People Think About Retirement
The pandemic completely changed the way people view the world but did the global crisis change the way people think about retirement? According to a Personal Capital and Kiplinger’s Personal…
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Remember How Americans Paid Off Billions In Credit Card Debt Last Year? Yup, We Blew It Already
For a few months during the height of Covid and mandated shutdowns, the entire country was figuring out a way to pay off a huge chunk of debt. U.S. consumers…
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U.S. Map Shows Home Equity Increase By State Over The Past Year
Thanks to low interest rates and high demand fueled by the pandemic, the housing market across the U.S. has been on absolute fire over the past 12 months. This increase…
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Cities With The Highest And Lowest Income Required For Mortgages Right Now
It’s no secret that the housing market is crazy right now. Inventory is down, prices are up and income requirements from mortgage lenders are stricter than ever, especially in red…
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Federal Reserve’s Favorite Inflation Measure Soared By Fastest Pace In 30 Years
The Federal Reserve’s preferred measure of inflation soared by the fastest rate in 30 years. The personal consumption expenditures price index rose 4.2% year over year in July – the…
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Newly Built Home Prices Notch Record, New Home Inventory Highest Since 2008: Government Report
Sales of new single-family homes increased in July after three straight monthly declines, at the same time, the median price of a newly built home notched a record high, according…
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Here’s A List Of The Hottest Real Estate Markets In The U.S. If You’re Looking To Buy Or Sell
The real estate market has had quite the year. In June, a report showed that the average home was up 13.5% over the previous year. For those lucky enough to…
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Should You Sell Your Vehicle? Used Car Prices Are Skyrocketing For These 10 Models.
If you were building a portfolio, you probably wouldn’t start with vehicles. It’s rare that cars—notorious for losing a fat chunk of value the second they leave the lot—appreciate as…
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Here’s The Average Age Americans Start To Worry About Retirement – How Do You Compare?
Do you remember the first time you really started to worry about retirement? For some people, thoughts of retirement began the minute they had to go to work every day.…
