Sen. Ron Johnson (R-Wis.), one of the most conservative members of Congress, and Rep. Alexandria Ocasio-Cortez (D-N.Y.), one of the most liberal, have both introduced sweeping proposals to broaden employee ownership in the U.S. That surprising fact testifies to just how practical—and urgent—this idea is.
Too many Americans have too little wealth. Just over 20 percent of all Americans have no wealth at all. Forty percent of Americans cannot cover a financial emergency with available cash, forcing them to need to borrow money, put it on a credit card, raid their retirement accounts (if they have one), or other less than optimal choices. Only about half the working age population has retirement savings of any kind.
Life is full of obstacles and adversities - some large, some small and others like the global pandemic have affected every facet of our lives. According to the latest research by the Financial Finesse Think [...]
According to the Federal Reserve Bank of New York, student loan debt has reached over $1.5 trillion. The average student loan debt per borrower is over $37,000. Student loans are more in demand than any [...]
Having your finances, insurance and important papers in order before a natural disaster strikes can ease the stress of dealing with the damage and disruption caused by a hurricane, earthquake or other catastrophic event. But [...]
There is plenty of data about wealth inequality, focusing on data alone misses a key point: Wealth inequality is about people. It is about people who go to work, pay their bills, meet their responsibilities, [...]