US household wealth falls
Jun25

US household wealth falls

      The average American household has seen their wealth decline by thirty five percent between 2005 and 2010. The (American) Census Bureau’s points to falling real estate prices and stock market indices as main causes of this decline. The median has fallen from $102,844 in 2005 to $66,740 in 2010. The house net worth is calculated by the value of assets minus the debt. [1] “2010?” you say. I know...

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Helping Your Kids Save Money
Sep25

Helping Your Kids Save Money

Some of us have been blessed with the finances of our parents, giving us a jump start as we entered adulthood. Many of us haven’t. Starting off with a decent nest egg and starting off from scratch can make a tremendous difference, especially when considering the effects of compound interest. When looking at it this way, there are few substitutes for an early start when considering building wealth. As adults, we accept the tools we...

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