Bill Davis
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 […]
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 […]
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 […]
Tax Implications of Multiple Home Ownership
Real estate is a safe investment in most situations. While most people purchase multiple properties for the sake of renting them out and earning extra income, others prefer to own two properties for personal use.If you choose to purchase a second home, there are many things to consider, but the most important is taxes. Before […]
2023 Economic Predictions
The economy faced many hurdles throughout 2022. Between shifting growth and historic inflation, Americans struggled to make their salaries and savings work for them. As 2023 begins, is the economic outlook looking any better? The answer depends on who you ask.Despite differing opinions, many economists are holding onto hope for the 2023 calendar year. Still, […]
Thinking of Buying a Second Home? Shop in These 4 States
Whether you have a favorite vacation destination, want to start an Airbnb or simply want a home away from home in a new locale, it may make sense for you to buy a second home. Not only may it make sense but also, you may finally be at the point where you can.Second home sales […]