The financial crisis of 2007-2008 has lasting economic impacts. In the fall of 2008, the US gross domestic product (GDP) fell by 4.3 percent. Two well-researched academic papers proposed a different reason for the Great Recession. The paper by Professor...
Rent Burden or housing affordability is a serious problem facing American families. Renters who stopped making their rent payments last year did not spend their newfound wealth on alcohol, lobsters, and vacations, and they paid down debt and built an...
Quitclaim deeds are irreversible. Before you go and add your new spouse to the deed, you need to learn all you can learn about them. What Is Quitclaim Deed A quitclaim deed lets you add your new spouse or transfer...
Savings is an expense. Seeing it any other way can delay economic mobility, sometimes permanently. Even financially literate individuals sometimes see savings as an afterthought. Status Quo The status quo is to analyze cash inflows and expenditures, then save or...