Mar 5 2018

Is it possible to pay $0 in taxes on a six-figure income?  Yes it is and here is how you do it.

The tax system is setup to reward those that save.  But half of the country doesn’t have any money saved so that is a tiny problem.  However, if you are willing to put money away you can cut your effective tax rate down to a very low level.  I know this seems absurd but it […]

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Dec 21 2017

Americans have no savings and with very good reason:  housing, education, and health care have seen extraordinary inflation while wages are stagnant.

It has now become a daily ritual in which story after story of broke Americans plaster the web.  Yet somehow on the mainstream press, very little is discussed about this topic.  Americans are largely broke because inflation is vey real.  Housing, education, and health care costs have soared out of control while wages have remained […]

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Aug 30 2017

Living paycheck to paycheck is the way of life:  New Harris poll finds that 78 percent of US workers live paycheck to paycheck.

For most Americans, living for payday is the way of life.  And many use debt to bridge the gap between money hitting their bank account and the bills that need to be paid.  We know since many banks make billions of dollars on people over drafting accounts.  A new Harris Poll found that 78 percent […]

Aug 16 2017

Where in the world do Americans spend their money?  Taking a look at where incomes go each month.

I remember the first budget I put together.  It left me feeling depressed and feeling as if I had been punched in the gut.  The practice was done largely out of necessity but there was something that jumped out at me.  Housing consumes a good portion of net income.  For most Americans this is the […]

Jul 9 2017

How to live on $25,000 a year in low wage America:  A guide to living on the per capita income.

Most Americans live paycheck to paycheck.  We hear stories of people waiting until midnight at the end of the month so accounts can get filled with funds simply to buy food.  This shouldn’t come as a shock given the per capita income of a working American is roughly $25,000.  Does that seem like a lot […]

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