Markets

Here’s An Easy Way To Get People To Pay You More

Whenever you’re in a position to charge someone — as a freelancer or small business owner, for instance — you want to get the most profit possible while still offering a reasonable rate. This simple trick, coined by the Freelancers Union, may allow you to up your price without turning […]
Here’s An Easy Way To Get People To Pay You More
Markets

3 Simple Tricks To Get The Raise You Deserve

Beyond smart saving and investing, one of the best ways to increase your net worth is to steadily increase your income. And with annual performance reviews on the horizon and companies finalising their budgets, now may be just the time to put in your request for a raise. While negotiating […]
3 Simple Tricks To Get The Raise You Deserve
News

How Banker Paradise Switzerland Became The Leader In Fighting Inequality

There’s something strange going on in Switzerland. This Sunday, Swiss voters will vote on the 1:12 Initiative, a plan to limit the monthly pay of Swiss companies’ top executives to the yearly pay of their lowest paid employees, an annual ratio of one to twelve. The people behind that idea […]
How Banker Paradise Switzerland Became The Leader In Fighting Inequality
Markets

Becoming Richer Hasn’t Made China Much Happier

Can money buy happiness? If the Chinese growth story is to be believed, the answer is no. Despite their per capita income being nearly 20 times what it was in the late ’80’s, the Chinese have experienced a decline in life satisfaction. China’s growth model has not been completely “happy,” […]
Becoming Richer Hasn’t Made China Much Happier
Markets

Younger Generations Are Officially Worse Off Today Than Their Parents Were

[credit provider=”Flickr / JAHPEACEFUL666″ url=”http://www.flickr.com/photos/megazord/2736378532/in/photostream/”] In a society where success is often equated with being financially better off than the generation prior, young Americans today are way behind the pack. The under-40 crowd in the U.S. has seen its wealth come to a standstill even as the average American household income […]
Younger Generations Are Officially Worse Off Today Than Their Parents Were
Markets

Professional Mystery Shopper Tells Us How She Made $14,000

[credit provider=”isstanners/Flickr” url=”http://www.flickr.com/photos/kingemma/3714800806/sizes/l/in/photostream/”] By Edith Jackson*, as told to Nora ZelevanskyLearnVesters loved the idea of mystery shopping in The Surprising Way I Make Money on the Side, so we spoke to a veteran mystery shopper to get the inside scoop on what it’s really like to get paid to hit the […]
Professional Mystery Shopper Tells Us How She Made $14,000
Markets

Aside From All Of The Shootings, Chicago Is Doing Better Than It Ever Has

[credit provider=”Sergio Lora / Flickr” url=”http://www.flickr.com/photos/[email protected]/3505633834/”] Crain’s Chicago Business columnist Greg Hinz has a mega feature out this week offering proof that, well-publicised problems aside, Chicago is going through an unprecedented economic boom. Chicago now is outperforming the surrounding area by almost any measure—jobs, income, retail sales and residential property values, […]
Aside From All Of The Shootings, Chicago Is Doing Better Than It Ever Has
Markets

These People Became Billionaires Without Doing Any Work

[credit provider=”AP Photo” url=”http://www.apimages.com/OneUp.aspx?st=dl&id=ddb0627a9de5da11af9f0014c2589dfb&showact=results&sort=relevance&sh=10&kwstyle=and&dbm=PY2002&adte=1338923401&ish=x&pagez=60&cfasstyle=AND&rids=ddb0627a9de5da11af9f0014c2589dfb&page=1&xslt=1&mediatype=Photo”] Billions of dollars really do grow on trees –– at least for the handful of Forbes’ 2013 Billionaires who didn’t have to work for their 10-figure bank accounts.Of more than 1,400 billionaires listed, Forbes listed “inherited” as the source of income for only a handful.
These People Became Billionaires Without Doing Any Work
Markets

9 Reasons You Should Care About The Sequester

[credit provider=”Flickr/Ed Yourdon” url=”http://www.flickr.com/photos/yourdon/5243850944/sizes/l/in/photostream/”] For most of the past two months, politicians and pundits have predicted that, like the government’s previous artificial fiscal disasters, sequestration was going to be resolved at the last minute.But “hope” isn’t all that effective a strategy when one is hurtling toward the abyss, and it looks […]
9 Reasons You Should Care About The Sequester
Markets

Here’s The Basic House Payment Calculation Most Lenders Won’t Share

[credit provider=”Flickr/Ashwin Nellore Photography” url=”http://www.flickr.com/photos/ashwinnellore/8044298521/”] As you shop for a house and consider taking out a mortgage, determining your house payment can no doubt be a time-consuming process — running calculations, getting updated payment scenarios from your mortgage company, and determining whether or not you can qualify.What you might not […]
Here’s The Basic House Payment Calculation Most Lenders Won’t Share
Markets

21 US Cities That Are Dominated By Rich People

[credit provider=”U.S. Census Brueau”] If one thing is made clear by the latest Census report on the geographic concentration of high-income households, it’s this:Wealthy people love living on the water’s edge.
21 US Cities That Are Dominated By Rich People
Markets

12 Easy Ways To Screw Up Your Tax Return

[credit provider=”flickr/stuartpilbrow” url=”http://www.flickr.com/photos/stuartpilbrow/2938100285/sizes/l/in/photostream/”] As parents know, some lessons are best learned the hard way.Taxes, however, aren’t one of those times.
12 Easy Ways To Screw Up Your Tax Return
News

New Inequality Study Proves What Democrats Have Been Saying For Years

[credit provider=”www.flickr.com” url=”http://www.flickr.com/photos/charlesfred/540680274/”] Drastic income inequality growth in the United States is largely derived from changes in the way the U.S. government taxes income from capital gains and dividends, according to a new study by Thomas Hungerford of the non-partisan Congressional Research Service.Essentially, what Democrats have been saying about income inequality — […]
New Inequality Study Proves What Democrats Have Been Saying For Years
Markets

7 Signs You Might Be Living Beyond Your Means

[credit provider=”totalfilm.com” url=”http://www.totalfilm.com/features/12-stylish-movie-women/page:6″] Whether you consider yourself to be financially responsible, or you always seem to come up short on cash, there are a few key indicators that may indicate you are living beyond your mean.And being aware of them can save you loads of money woes in times of […]
7 Signs You Might Be Living Beyond Your Means
Markets

Six Ways To Get organised Before Tax Time

[credit provider=”Instagram/rodrigoorizzi” url=”http://statigr.am/viewer.php#/detail/364505087790596378_16921327″] Taxes are inconvenient, unavoidable, time-consuming, and can be frustrating.And while most of us would rather be doing just about anything else, Money Talks News founder Stacy Johnson has a few ideas to help you get through filing faster this year by planning ahead.
Six Ways To Get organised Before Tax Time
News

Most People Agree With Obama On Tax Cuts

[credit provider=”AP”] There has been a vast and important change of mind among the electorate, regarding the issue of taxes.On 13 July 2012, McClatchy Newspapers headlined “Poll: Majority Want Tax Cuts for All, Even the Wealthy,” and reported that, “A majority of Americans [who are registered to vote] want the Bush tax […]
Most People Agree With Obama On Tax Cuts
Markets

The 10 Best US Cities To Become A Millionaire

[credit provider=”Flick via breenproductions” url=”http://www.flickr.com/photos/breenproductions/7311659962/in/photostream/”] Though there’s no question the recession dealt a major blow to Americans’ purse strings, the U.S. is still home to the most millionaires* in the world, according to research and consulting firm Capgemini.And at least one consumer trend is holding steady these days –– the […]
The 10 Best US Cities To Become A Millionaire
Markets

Here’s The New Global Benchmark For Personal Wealth

[credit provider=”Instagram/tashkala” url=”http://statigr.am/viewer.php#/detail/322409058948767170_15005150″] More than one study has tried to determine the financial price of happiness. Some look at wealth. Others look at income.One well-publicised study last year put the optimal income for happiness at around $75,000.
Here’s The New Global Benchmark For Personal Wealth
Markets

American Families Are Poorer Than They’ve Been In Four Decades

[credit provider=”www.flickr.com” url=”http://www.flickr.com/photos/[email protected]/167303040/”] The idea that poor and middle-class Americans are suffering is nothing new: Anyone with access to the news (or, for that matter, to an ordinary suburban neighbourhood) is likely to notice that it has gotten harder for average families to make ends meet.Beyond that, a veritable army […]
American Families Are Poorer Than They’ve Been In Four Decades
Markets

How To Generate Income For Your Retirement

Maybe you are thinking that you’d like to retire within the next few years, or perhaps you are already in your golden years. One of your prime considerations should be how to generate income that also keeps up with inflation. Besides some of the traditional sources, such as 401k accounts or […]
How To Generate Income For Your Retirement
Markets

Monopoly Is Filled With Terrible Financial Advice

[credit provider=”Flickr / Usonian” url=”http://www.flickr.com/photos/usonian/79162076/in/photostream/”] Monopoly is one of the most popular board games of all time.But with its plethora of inaccuracies, it doesn’t offer the best lessons in real-world finance.
Monopoly Is Filled With Terrible Financial Advice
News

Keeping Capital Gains Taxes Low Actually Helps Growth

The left keeps banging away at the preferential tax treatment of capital gains income. And that may be good politics. But is it good economics? Here is Tino Sanandaji, explaining the meaning of the above chart from his must-read, must-follow blog:
Keeping Capital Gains Taxes Low Actually Helps Growth
News

I Can’t Vote For Romney Because I Have No Idea What He Would Do As President

[credit provider=”Flickr/monkeyz_uncle” url=”http://www.flickr.com/photos/djbrandt/7767136538/”] Last month I got a job that pays well enough that I will owe federal income taxes. This 
means that for the first time in my life, Governor Mitt Romney actually cares about me.
 In my first two decades, I was a student.I only worked part-time jobs […]
I Can’t Vote For Romney Because I Have No Idea What He Would Do As President
Markets

Catholic High School Graduates Make Way More Money Than Everyone Else

[credit provider=”Rachel_2007 via Flickr” url=”http://www.flickr.com/photos/[email protected]/2853631687/”] Michael T. Owyang and E. Katarina Vermann at the St. Louis Fed are out with some fascinating research looking at school types versus income.They compared private schools, public schools and Catholic schools under various conditions (rural versus urban, high versus low drop-out rate and starting […]
Catholic High School Graduates Make Way More Money Than Everyone Else
Markets

How To Survive And Thrive On A Single-Parent Income

[credit provider=”AP / Itsuo Inouye”] Most people would rather live on multiple sources of income than one source. However, life doesn’t always give us what we want. So, when it happens that you have to live on one income stream, how can you manage your resources and live comfortably within […]
How To Survive And Thrive On A Single-Parent Income
Markets

See How Much Income You Need To Buy A House

[credit provider=”Flickr / kansas_city_royalty” url=”http://www.flickr.com/photos/kansas_city_royalty/215661782/in/photostream/”] If you’re in the market for a new home, chances are you’ll have to compromise at some point along the way.Maybe you’ll have to commute a little farther than you’d like in order to get the best value for your money. Or perhaps you’ll forgo […]
See How Much Income You Need To Buy A House
Markets

The Government Is Saddling Parents With College Loans They Can’t Afford

[credit provider=”Flickr/JohnSeb” url=”http://www.flickr.com/photos/johnseb/3388169127/”] More than a decade after Aurora Almendral first set foot on her dream college campus, she and her mother still shoulder the cost of that choice.Almendral had been accepted to New York University in 1998, but even after adding up scholarships, grants, and the max she could […]
The Government Is Saddling Parents With College Loans They Can’t Afford
Markets

You’d Better Lock Down Your Portfolio Before The Election

[credit provider=”Flickr / Ravages” url=”http://www.flickr.com/photos/ravages/6731739485/in/photostream/”] Are you ready to make some tough election-year decisions about your portfolio?Many investors have seen their nest eggs recover from the debacle that hit in 2008 and want to preserve and protect.
You’d Better Lock Down Your Portfolio Before The Election
News

Three Reasons Why Romney’s Tax Plan Makes Mathematical Sense

[credit provider=”Flickr/Gage Skidmore” url=”http://www.flickr.com/photos/gageskidmore/5447038721/”] Recall the now infamous Tax Policy centre study that guesstimated Mitt Romney’s tax plan would a) cut taxes for high-income earners by $86 billion in 2015 and thus b) require an $86 billion tax increase on the middle class so as to not increase the deficit.There have […]
Three Reasons Why Romney’s Tax Plan Makes Mathematical Sense
News

There Are Still A Lot Of Unanswered Questions About Romney’s Taxes

[preserve] [/preserve] [credit provider=”AP / Charles Dharapak”] With the documents Mitt Romney released recently, we know a bit more about his taxes.We know, for instance, that Romney paid a rate of 14.1 per cent on $13.7 million in income on his 2011 tax return, which he achieved by purposely overpaying. […]
There Are Still A Lot Of Unanswered Questions About Romney’s Taxes
Markets

Eating Out Might Actually Be Cheaper Than Cooking

[credit provider=”flickr www.flickr.com” url=”http://www.flickr.com/photos/glenpooh/2081517207/in/photostream/”] All across the country tonight, Americans will be asking one important question: “What’s for dinner?”For an increasing number, the answer will be on a restaurant menu rather than in their kitchen, according to a report released late last year by Bank of America Merrill Lynch.
Eating Out Might Actually Be Cheaper Than Cooking
Lifestyle

The 20 Most Miserable States For Driving

[credit provider=”Pater Martorano” url=”http://www.flickr.com/photos/petermartorano/5080400495/sizes/l/in/photostream/”] In the right conditions, driving is one of life’s great pleasures. But the costs that come with filling the tank and insurance coverage can take the fun out of it altogether.To find out where in America drivers suffer the most, CarInsurance.com compiled an “Automotive Misery Index,” […]
The 20 Most Miserable States For Driving
Markets

See How People Just Like You Planned Their Way To A Rich Retirement

[credit provider=”AP/Adam Nadel” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=Oseola%20McCarty&showact=results&sort=relevance&intv=None&sh=10&kwstyle=and&adte=1348518895&pagez=60&cfasstyle=AND&rids=4851988ba1e0da11af9f0014c2589dfb&dbm=PY2000&page=1&xslt=1&mediatype=Photo”] The world is full of secrets. We may envy our neighbours next door, with their fancy new cars and in-ground pool, but we might simply be unaware that they’re drowning in debt.(The average household with credit card debt owes roughly $16,000, and that’s just the average!)
See How People Just Like You Planned Their Way To A Rich Retirement
Markets

Household Income Today Is Lower Than It Was During The Recession

[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Koeln_wrm_1044.jpg”] A new Pew poll spearheaded by economist Rakesh Kochhar shows the median American income is now lower than it was during the recession.In 2009, the year the Great Recession ended, the median income of U.S. households had been $52,195 (in 2011 dollars). Thus, in the two years since […]
Household Income Today Is Lower Than It Was During The Recession
Markets

One-Third Of Americans Say They Are Lower Class

[credit provider=”Chris Arnade” url=”http://www.flickr.com/photos/arnade/6881471852/in/set-72157626946880859/”] One third of Americans now count themselves part of the lower-middle or lower classes, according to a report from Pew Research centre, including nearly 40 per cent of young people between the ages of 18 and 30.The numbers are jarring not only for the grim picture […]
One-Third Of Americans Say They Are Lower Class
Markets

Household Income Dropped To Its Lowest Point Since 1995

[credit provider=”Flickr / austinevan” url=”http://www.flickr.com/photos/austinevan/2750282427/in/photostream/”] In the aftermath of the Great Recession, household income dropped once again in 2011 while the poverty level stayed flat after three straight years of increases, the Census Bureau said Wednesday.Median household incomes adjusted for inflation fell 1.5 per cent to $50,054.
Household Income Dropped To Its Lowest Point Since 1995
Markets

The 1% Are Now 288 Times Richer Than The Middle Class

[credit provider=”the bridge via Flickr” url=”http://www.flickr.com/photos/[email protected]/6362206223/sizes/l/in/photostream/”] The wealth gap between rich and poor has increased significantly over the past 50 years thanks to the economy, according to a new report from the Economic Policy Institute.The one per cent, in terms of wealth, currently have 288 times the net worth of the median household. […]
The 1% Are Now 288 Times Richer Than The Middle Class
Markets

We’ve Overestimated How Much We Should Save For Retirement

[credit provider=”Flickr / lovefool416″ url=”http://www.flickr.com/photos/lovefool416/2113181620/sizes/m/in/photostream/”] For years, the financial-services industry has drilled the “80% rule” into pre-retirees’ heads, suggesting that they’ll need to replace 80% of their pre-retirement income when they retire.Other variations on setting an income-replacement ratio–simply the retiree’s gross income from all sources in retirement divided by his […]
We’ve Overestimated How Much We Should Save For Retirement