marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
personal finance
10/09/2020
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By Ramon Tomey
Coronavirus pandemic lockdowns worsen the “debt mountain” problem of the American middle class, which is being deliberately CRUSHED
Forty-three-year old Alysse Hopkins and her husband Ian Boschen earned a comfortable living in the suburbs of New York City. Their combined income of $175,000 covered the mortgage, two car leases, student loans, credit cards and the expense of raising two daughters. But Hopkins’ work as a lawyer representing clients in foreclosure cases and personal […]
08/11/2019
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By Zoey Sky
Being debt-free is good for your brain
Constantly worrying about your finances can cause stress. To improve your mental health, the results of a study suggests working hard to settle your debts and reduce your anxiety. The study appeared in the Proceedings of the National Academy of Sciences of the United States of America, and it involved researchers from the Social Service Research Centre at […]
07/19/2017
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By Frances Bloomfield
The average American household can’t afford a new car, and some can’t even buy a used one
For many Americans, purchasing a new car isn’t merely a challenge but a near impossibility. So much so that, according to Bankrate.com, median-income households in 24 of the country’s largest metropolitan areas are unable to afford the average price of a new car. This is roughly around $33,000, as per the company’s most recent Car […]
06/26/2017
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By Tim Wesley
Can I borrow a dollar? 24% of Americans don’t have any money saved for an emergency
Shockingly, 24 percent of Americans won’t have any means to pay for food, medical care, shelter, education, and other items because they have no emergency funds. According to a new survey released by Bankrate.com, about one in four literally have no money saved for emergency situations; not even a single dollar. Investopedia.com defines an emergency […]
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