Simple Practices that Lead to Wealth
According to the Labor Department, the Consumer Price Index (CPI) rose 0.4% in April and 3.2% in the past year. This is the biggest year-over-year increase since October of 2008.
It’s a recurring theme here on the blog, to discuss the merits of increasing your income steadily. There is a lot of sound financial advice out there; including “stay out of debt”, “pay yourself first” and “live below your means”. But, one piece of financial advice that often gets neglected is to “invest yourself to increase your income”.
The Big Squeeze The Consumer Price Index rose 4.1% in 2007, which was the biggest increase since a 6.1% jump in prices in 1990. Average weekly earnings, after adjusting for inflation, dropped by 0.9% in 2007, the biggest setback since a 1.5% fall in 2005. Economics are Boring Let’s face it, Economics are boring. They …
It was a rough start to 2008 The new year was ushered in with a big drop in the Dow and a rise in oil prices up near $100 per barrel. Although the first day shouldn’t be taken as a harbinger for the entire year, it wasn’t a welcome nor a pleasant way to start off a new year. The Underlying …