Category Archive: Finance
Poll: Older Americans Say ‘No’ to Social Security Changes
CHICAGO — Raise the age at which you can begin collecting full Social Security benefits? Older Americans say no. They also veto reductions in the cost-of-living increase. But a poll finds support among those 50 and older for raising the cap on earnings that are taxed to fund the Social Security program so higher-income workers pay more. […]
Why 65 Is Too Young to Retire
The magical age 65 that signaled retirement time for our parents might not hold true for the baby boomer generation. Sure the idea is appealing to call it quits before we are too old to appreciate and enjoy our second act. But the reality may be that 65 is just too young to retire. Some […]
8 Things Recent Grads Waste Money On
Kasey Trenum purchased six bottles of laundry detergent, four bottles of fabric softener and two boxes of dryer sheets–all for less than $8. “Everybody needs laundry detergent, and that’s one thing that can blow your budget,” she says. Trenum achieved this feat by buying when her favorite brand was on sale rather than when her […]
To Trust a Bull or to Trust a Bear?
When it comes to bulls and bears, only a fool would want to be face to face with one. Considering the fact that either one of these two beasts could pulverize us without a second thought, it is kind of ironic to think that we use these terms to describe the climate of […]
Obamacare’s effect on low-wage workers
Before Obamacare, American healthcare was out of reach for most low-income citizens. Obama implemented a new system in which government sponsored healthcare could cost anywhere from 5%-10% of a person’s total income. The average American restaurant workers’ salary comes in at a mere $21,000. Even 10% of this, $2,100, could be too much for a […]
