Wealth is often used to describe people with a lot of money. However, there are different levels of wealth, and it’s important to understand the differences between them. Two terms that are often used interchangeably are “rich” and “mass affluent.”...
The Biden-Harris Administration has proposed a comprehensive student debt relief plan that aims to alleviate the burden of student loan debt on millions of Americans. The plan includes measures such as expanding Public Service Loan Forgiveness (PSLF), cancelling up to...
The American tax system is a complex federal, state, and local tax web. They can significantly burden wealthy Americans, so many choose to move to tax-free states to reduce their tax liabilities. Rich Americans continue moving to Florida, Texas, Nevada,...
In recent years, there has been an unprecedented expansion of the global middle class. According to the World Bank, between 1990 and 2015, the percentage of people living in extreme poverty fell from 36% to 10%, and the global middle...
