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Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda.  Are we missing out?

Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out?

I am a very lucky person with a very happy life, the annual family income of $160,000 is high compared to the rest of the world. However, we’re still pretty frugal—we cook at home, drive old Hondas and do home repairs ourselves where possible. We put about 20% of our income into retirement and college …

Our little house is awkward, our kids say: My husband and I make $160,000, have $1 million in retirement savings, cook at home and drive an old Honda. Are we missing out? Read More »

Investors hope the economic tide is turning.  The wait may end soon  CNN Business

Investors hope the economic tide is turning. The wait may end soon CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. CNN – It’s been a horrible year for the markets and investors are tired. Months of soaring …

Investors hope the economic tide is turning. The wait may end soon CNN Business Read More »

Fed rate increases overturn financing markets in 2022. This is what financial chiefs can expect in 2023.

Fed rate increases overturn financing markets in 2022. This is what financial chiefs can expect in 2023.

Public and private companies have felt the crunch of rising funding costs this year as the Federal Reserve raised its benchmark short-term interest rate six times. Now, as the Federal Reserve prepares to unveil its seventh increase of the year, they are looking for clues as to where rates might go in 2023. The US …

Fed rate increases overturn financing markets in 2022. This is what financial chiefs can expect in 2023. Read More »

Why do we think we're in a recession when the data says otherwise |  CNN Business

Why do we think we’re in a recession when the data says otherwise | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN Business – It seems like you can’t go anywhere these days without hitting your …

Why do we think we’re in a recession when the data says otherwise | CNN Business Read More »

Consumers are keeping the economy afloat...for now |  CNN Business

Consumers are keeping the economy afloat…for now | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can register here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN Business – American shoppers continue to spend, providing a vital boost to the economy. The …

Consumers are keeping the economy afloat…for now | CNN Business Read More »

This state has the best personal financial education in the United States

This state has the best personal financial education in the United States

Financial literacy is critical to money management, but how well do countries prepare their students? Tennessee tops the list of US states that offer the best financial education to its residents, according to a new report from financial services firm OneMain Financial. More than 99% of public high school students in Tennessee have what is …

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FTX Investor Sues Tom Brady, Gisele Bundchen And Others As Cryptocurrency Contagion Spreads |  CNN Business

FTX Investor Sues Tom Brady, Gisele Bundchen And Others As Cryptocurrency Contagion Spreads | CNN Business

New York CNN Business – The fallout from cryptocurrency giant FTX’s spectacular implosion has sent a cascade of wide-ranging effects: it has ensnared a number of celebrities who endorsed the now bankrupt platform, and financial contagion has spread across the vast crypto-and digital-asset ecosystem. On Wednesday, the lending arm of crypto brokerage Genesis halted redemptions …

FTX Investor Sues Tom Brady, Gisele Bundchen And Others As Cryptocurrency Contagion Spreads | CNN Business Read More »