Having a plan for your life is very important. Knowing where you want to go and how you’re planning to get there can be the difference between living a fulfilled, meaningful life and wandering around aimlessly without a purpose. Unfortunately, there are many people who do not know what they want to do and believe purpose will eventually fall into…
When thinking about financial fitness, it is beneficial to perceive it similar to physical fitness rather than as an inherent quality that only a few individuals possess. Not many, if any, are capable of running a marathon competitively without any prior training. The same is true for personal finance. Not many are able to meet large financial goals or emergencies without…
The IRS is disproportionately targeting low-income households due to budget cuts. A study by Syracuse University’s Transactional Records Access Clearinghouse (TRAC) shows that households making $1 million and more are audited 1.5% of the time, those making $200,000 – $1 million are audited 8.9% of the time, those making $25,001 – $200,000 get audited 35.2% of the time, and those households…
As of today, the national average gas price is $5.01, with California having the highest at $6.43 and Georgia the lowest with $4.48. Compared to a year ago, the national average was $3.08, which is a 62.66% increase. With inflation currently around 8.6%–up 3.6% from a year ago in May–the gas pump isn’t the only place consumers are experiencing higher…
Money is an essential part of our everyday lives. Food, clothing, and shelter are basic necessities everyone needs to survive, and we need money to purchase them. Even though we know that money serves an important role in society, sometimes it gets a bad rep. Movies and music both unhealthily glorify and demonize money, leaving many to have distorted views…
Our daily lives of working and tending to our family can take a major toll on our mental and physical health. Many people are so caught up in their duties that they don’t realize that they need a break until they are near exhaustion. A vacation is well overdue for many, but many people do not have the means to…
The price of food is going up. The United States Department of Agriculture (USDA) reports that the price of all foods has risen 3.4% from July 2020 to July 2021. The USDA organizes food in many categories, such as fruits, vegetables, and more. Two categories in particular consumers may want to take notice of are the food-away-from-home (restaurant purchases), which has…
Economic downturns and recessions can be very hard on families. In the 2008 recession and currently during the Covid-19 pandemic, we see the impact it’s having on families in the form of high unemployment. Some explicit impacts recessions have on families are loss of buying power, the inability to keep up with recurring bills, and the inability to keep up…
As of March 13, 2021, Bitcoin is trading at $59,920. To think that this same cryptocurrency was only trading at $1 in 2011. There are many accounts of companies that are trading astronomically higher today than their initial public offer (IPO). Apple, Google, and Facebook are examples of companies that if you invested in them in the beginning, you would…
Goals are an important aspect of human existence. We rarely find ourselves in a state completely suitable for human existence without any manipulation from human labor. Modern society is the result of humans laboring to make a harsh environment more comfortable for human living. As we make the environment more satisfactory to our liking, our focus has shifted to more…
Rohman Rory Hemley