Bill Davis
10 Ways To Celebrate Your Retirement
The third act. Retirement has many names, but referencing it as a final climactic finish is fitting. Your retirement years represent the final stage of your life, a time to do everything you ever wanted. How will you spend your twilight years?1. TravelTravel is a popular choice among most retirees. People spend much of their […]
Should You Invest in a Bear Market?
Should you invest when the market experiences a downward trend or wait for things to turn around? For some new investors, market downturns seem too risky because there is no way of knowing how far down the DOW will trek. Still, down markets also present significant opportunities for investors to grab blue chip stocks at […]
Making Sense of the Current Student Loan Forgiveness Initiative From the Biden Administration
In an unprecedented move, the Biden Administration announced a student loan forgiveness initiative in the waning days of August 2022. Using his full authority, President Biden signed an executive action to provide between $10,000 and $20,000 of relief.While the move is one many predicted as of late, it is still creating many questions. Borrowers want […]
Are You On the Hook for a Deceased Loved One’s Debt?
When a loved one passes away, the last thing you probably want to think about is how you and your surviving family members will pay down any remaining debt. Yet, debt after death is common, with nearly three-quarters of Americans owing an average amount of $62,000 at the time of their deaths. Therefore, it’s important […]
Price Gouging Versus Inflation: Understanding the Differences
The world gets more expensive every day. Still, somehow, corporations experience record profits while consumers struggle to buy groceries or fill up their gas tanks. How is this possible?It is easy enough for consumers to understand inflation. But if the cost of goods goes up, so does the manufacturing price, right? How can a company […]
China’s Recent Population Numbers Indicate Possible Changes on the Horizon Globally
The recent news of a population decline in china shocked the world. The country’s population has not experienced a dip since the 1960s, but in 2022, it fell by 850,000 people. A historic famine caused the previous population loss, but what is the cause of the most current drop, and what does it mean for […]
Why Young People Aren’t Investing Their Money and What That Means for You
If you’re a young person just starting out in the world, investing your money might seem like an alien concept. It can also seem highly intimidating due to the risk of potentially losing the money you worked so hard for. Keep in mind that investing greatly benefits you as well as others. This guide explains […]
Social Security Benefits Increase in 2023 — What Does That Mean for Your Finances?
Anytime you receive more money every month, it can feel like winning the lottery — at least at first. The news that social security benefits are increasing in 2023 probably makes you very happy. But before you count your chickens, it’s smart to know the details. How much more can you expect every month?Why Are […]
Understanding Current Inflation and Its Relationship With Monetary Policy
Inflation — broad-based increases in prices across the economy — is unusually high, and consumers are concerned about the dollar’s value. A paycheck or social security check does not go as far as it once did. The Bureau of Labor and Statistics states that within a 12-month window, inflation increased from 1.4% to 9.1%. What […]
Does the Middle Class Actually Exist Anymore?
You hear so much about the declining middle class that it’s hard to separate fact from fiction. The middle class is the backbone of this country, and its decrease is quite alarming for many hardworking people.When faced with economic turmoil, the best thing you can do is arm yourself with the right information. This guide […]