Tag Archives: income

How Consumers in Different Income Brackets Spend Money

Different Priorities for People in Different Income Groups According to the U.S. Bureau of Labor Statistics, people from across the income spectrum have different priorities when it comes to their spending. The graph below from npr.org shows average spending patterns for U.S. households in 3 income categories — one just below the poverty line, one at the middle of the… Read More »

How to Determine the Value of Your Free Time

A New Way to Measure Your Success There are varying degrees of success and many different ways to define it. For example, in order to be a successful frequent flyer, you will probably need a lot of connections. 😀 And if you’re trying to lose weight, success is all about mind over platter, and winning that Nobelly Prize. 😄 Financial success is… Read More »

Higher Education

University Grads Make More Money Over Time According to a recent study from the University of Ottawa, the cost of higher education is still worth it. University degrees are linked to higher salaries almost regardless of the subject. 🙂 The study published this week looked at income data for 620,000 graduates of 14 different universities and colleges between 2005… Read More »

The Horizontal Approach to Financial Independence

The Problem with Vertical Structures I once applied for a job at McDonald’s. But I soon got myself into a pickle when I couldn’t cut the mustard answering some tough interview questions.  I’ve always admired how quickly fast food workers can be promoted to manager if they work hard enough. When most people think about their careers they imagine themselves moving up… Read More »