May 13 2013

Federal Reserve ZIRP has essentially destroyed household income growth: Households headed by those 45 to 54 see their real household income growth drop by 16 percent from 1999.

The Federal Reserve has pursued a zero interest rate policy as a mechanism for pulling the US out of the financial crisis.  Interestingly enough low rates and heavy speculation were part of the cocktail that led us into the crisis in the first place.  Ben Bernanke recently mentioned a bit of concern that speculation is […]

May 11 2013

What does it mean to be retired in the United States? The age of disappearing pensions, dependence on Social Security, and stock market speculation.

A few days ago the stock market experienced a mini panic as someone hacked a reputable news source Twitter account and posted a sensational headline.  The markets quickly reacted to this news.  What was troubling is many algorithm-based trading systems are setup to scour internet information for these kinds of dramatic changes.  Many of the […]

May 9 2013

Feeling rich through debt: Modern banking has replaced real economic prosperity with massive levels of debt. Housing affordability reaches multi-decade highs while household incomes retreat to 1990s levels.

One of the biggest headlines right now is how the housing market is pulling the entire market up.  Housing prices are soaring while the stock market is making record highs.  Yet a large portion of the housing run-up is being caused by easy money that has been created by the Federal Reserve.  Banks are out-bidding […]

May 6 2013

Inflation in the most important things: Inflation hitting housing, tuition, and medical services. Is the Fed reinventing another debt based bubble?

Household income is a vital measure of the overall well-being for most Americans.  This is why it is important to try to understand why overall household incomes are back to levels last seen in 1995.  This is a critical barometer that measures the health of the US middle class.  Yet we continually see the argument […]

May 5 2013

The young, educated, and massively in debt college generation: Total student debt outstanding approaches $1.1 trillion. 65 percent of all outstanding student debt held by those 39 and younger.

It is interesting to hear older politicians take the podium and wax and wane poetically how young Americans are not working hard enough or need to take responsibility for their actions in the current economy.  The reality of the situation is the recent recession has punished the young disproportionately.  The young have seen their net […]

Page 2 of 3123

My Budget 360

Enter your email address to receive updates from My Budget 360:

100% Private & Spam Free.

 


Subscribe in a reader

 

Popular – All Time


  • 1. How much does the Average American Make? Breaking Down the U.S. Household Income Numbers.
  • 2. Top 1 Percent Control 42 Percent of Financial Wealth in the U.S. – How Average Americans are Lured into Debt Servitude by Promises of Mega Wealth.
  • 3. Is college worth the money and debt? The cost of college has increased by 11x since 1980 while inflation overall has increased by 3x. Diluting education with for-profits. and saddling millions with debt.
  • 4. The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.
  • 5. Family Budget: How to go Broke on $100,000 a year. Why the Middle Class has a hard time Living in Expensive Urban Areas.
  • 6. Lining up at Midnight at Wal-Mart to buy Food is part of the new Recovery. Banks offering Mattress Interest Rates. The Invisible Recovery Outside of Wall Street.
  • 7. You Cannot Afford a $350,000 Home with a $75,000 Household Income!
  • 8. Crisis of generations – younger Americans moving back home in large numbers. Student loan default rates surging largely due to for-profit college expansion.
  • 9. The next massive debt bubble to crush the economy – 10 charts examining the upcoming implosion of the student loan market. $1 trillion in student loans and defaults sharply increasing.
  • 10. Welcome to the new model of retirement. No retirement. In 1983 over 60 percent of American workers had some kind of defined-benefit plan. Today less than 20 percent have access to a plan and the majority of retired Americans largely rely on Social Security as their de facto retirement plan.
  • Categories