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10 Steps to Fix the US Budget
1. Liquidate Unused Property The Federal Government owns more than 77,000 buildings which are currently not being used. Some of them have even been condemned. These properties should be sold at auction or simply bulldozed if they are unsuitable for sale. Basic upkeep on these buildings is costing US taxpayers. Annual Savings to the US…
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Are Illegal Immigrants Hurting the US Economy? 3 Facts that may Surprise You
Jobs and Wages It is often said immigrants take US jobs away from US citizens and that their inexpensive labor suppresses wages. In actuality, the opposite is true. Economists have found that immigration does not lead to a sizeable decrease in wages, and may actually increase wages and lower prices in the aggregate. The reason…
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15 Basic Money Saving Tips
1. Bring in More Money Than You Spend Although many people will believe that this money saving tip belongs in the “duh” category, it is probably one of the most important on our list. No matter what your age might be, by consistently having a focus on spending less money than you make each month…
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15 Financial Tips before Becoming an Expat
1. Make a Realistic Budget before Moving There have been numerous individuals who have fallen in love with the idea of living and working abroad as an expat only to return home in less than a year due to financial issues. A common theme with many of these people is failing to make a realistic…
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10 Reasons To Wait To Go To College
Last year I graduated from the University of Connecticut with honors, two majors, and list of accolades. I performed well in college and I believe a significant reason was that I did not enroll until I was 24 years old. While everyone is an individual, waiting to go to college is for many young people…
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Understanding the Unemployment Numbers
Once a month the Bureau of Labor Statistics (BLS) publishes a report on the state of unemployment in the United States. The major news organizations scan through the report highlights looking for “the unemployment rate” so that they can announce it to their loyal audiences. The number which the BLS promotes as “official” unemployment rate…