"A decade ago, a study from Princeton University made headlines for showing that an income level of $75,000 per household was the sweet spot for happiness, and that earnings above that level, surprisingly, did not result in additional boosts. New research, though, finally calls this premise into question."
Category Archives: Personal Finance
18 Major U.S. Cities Where Rent and Taxes Eat up All of a Worker’s Paycheck
"A new study shows just how hard it is for many Americans to get ahead. The average American spends roughly $1,272 per paycheck on living expenses — with the majority of expenses coming from housing and utility bills — according to a recent Clever Real Estate report using Bureau of Economic Analysis spending and income […]
Teach Your Students the 7 Most Common Money Mistakes People Make and Regret
Made some money mistakes you’re not exactly proud of? Well, you’re not the only one. Most people usually make and end up regretting these 7 most common financial mistakes. Steer clear of them and save yourself the economic hardships they could cause.
7 Examples of the Worst Financial Advice We’ve Heard
When it comes to money, there’s a ton of terrible advice out there. Even so-called experts can lead us astray sometimes. Have you been duped? Here are a few examples of the worst money advice advisers, bloggers and other personal finance pros have heard.
7 Sneaky Ways Students Could Be Hurting Their Credit Without Realizing It
Americans rely on credit and credit scores to give lenders an idea of their trustworthiness when they want to open a credit card, get a mortgage, or take out a loan. But for every strategy to increase your credit score and improve your credit, there's a sneaky misstep that can set you back, like not […]
The 9 States in the U.S. Where People Have the Most Money in Savings: Do You Live in One of These States?
People in the states with the highest incomes and highest costs of living don't necessarily have the most in the bank, data from GOBankingRates shows.
5 Virtual Stock Market Games That Help You Learn How to Invest
"Dipping your toe in stock markets for the first time is intimidating, even for those of us who consider ourselves financially savvy. But other than paying a financial specialist for advice, what other options are available?" asks Megan Ellis (photo, left) in a piece at MakeUseOf.com. "Luckily, there are a variety of stock market games […]
The 12 Worst Money Habits and How to Break Them
Still good advice from Libby Kane (photo, left).