The Causes of the Cost of Living Crisis
In recent years, a growing concern has gripped economies worldwide – the escalating cost of living. Families find themselves grappling with rising expenses, and individuals are increasingly feeling the pinch…
Why Businesses Pay Less Tax Than Individuals
In the intricate landscape of taxation, a notable and often debated phenomenon is the apparent imbalance between the tax burdens borne by businesses and individuals. While individuals often find themselves…
401(k) Retirement Savings Won’t Be Enough for Retirement
As the landscape of retirement planning evolves, individuals are increasingly relying on 401(k) plans as a primary vehicle for saving for their golden years. While these employer-sponsored retirement accounts offer…
The Best Industry to Start a New Business in 2024
The best industry to start a new business depends on various factors, including your interests, skills, market trends, and the current economic climate. Embarking on the journey of starting a…
Recognize and Avoid Business Overcharging Practices
In today’s fast-paced business landscape, consumers often find themselves facing the challenge of navigating a marketplace flooded with diverse products and services. While competition is healthy for the economy, it’s…
The Impact of Inflation on the Economy and Strategies for Control
Inflation, the persistent rise in the general price level of goods and services over time, is a critical economic phenomenon that can have far-reaching consequences for individuals, businesses, and governments.…
Baby Boomers Immune to Higher Interest Rates
Baby Boomers are immune from higher interest rates because they don’t need or want to borrow money to purchase a home or motor vehicle. A growing proportion of homes sold…
Earn Passive Income to Never Work Again
Earn passive income to never work again and live a lifestyle free from financial constraints. Imagine a life where you wake up in the morning and do anything you like…
Australian House Prices Out-of-Reach for Millennials
Australian house prices are out-of-reach for millennials, and low and middle-income earners, especially in Sydney and Melbourne. A recent poll found that young people and middle-income earners in Australia have…
Rental Price Caps – Do They Work?
Rental price caps are a hotly debated topic among economists as a short-term solution to the rental housing crisis that is affecting many countries. Some economists are warning that rental…
Retiring Seniors May Adversely Impact the Economy
Retiring seniors may adversely impact the economy by reducing the size of the available labor market. Governments may want to increase immigration to relieve pressure on the shrinking labor force.…
Property Boom Makes Homeowners Rich
The property boom makes homeowners rich with a huge increase in the value of their homes and rental income return. Potential first home buyers and renters have become poorer in…
Financial Independence & Retirement
Financial independence retirement (FIRE) is an objective, a goal, a personal achievement of building an accumulation of wealth to achieve freedom from work. When an individual achieves financial independence, they…
Millennials Will Not Reach their Retirement Goals
Millennials will not reach their retirement goals with poor investment strategies that are too conservative, according to the latest survey by Schroders. The 2023 US Retirement Survey shows that a…