moneytips.com

Honey, I Shrunk The Middleclass

MoneyTips It was the quintessential middle-class American dream — not to be a billionaire looking out from your New York City Penthouse upon the urban skyline, but simply to have a home in the suburbs with your spouse, two kids, a dog, and a comfortable income. Income inequality has put a squeeze on the American…
Read More

0

Economic Predictions: 2016

MoneyTips It has been a relatively rough year for the markets, thanks to slowing economic growth across the world (especially in China), low oil prices and the constant threat of an interest rate hike from the Fed that finally came to fruition. Will 2016 be another dose of the same, or should we expect greater…
Read More

0

Moneytips: Duty-Free Shops

MoneyTips You probably pass by the duty-free shops at the airport all the time and never give them a second thought. Duty-free shops are not just located at the airport; they are in other areas that cater to international travelers, such as border towns and even cruise ships. What is a duty-free shop, and should…
Read More

1

Existing Home Sales Surge, But New Home Sales Drop

MoneyTips In April 2015, the housing market was in an interesting set of contrasting conditions. The sales of existing homes fell by 3.3% while the sales of new homes rose by 6.8%. Existing home sales were suffering from a basic supply problem, as the inventory of unsold existing homes was at a 5.3-month supply (6…
Read More

0

Federal Employees Earn 50% More Than The Private Workforce

MoneyTips “It’s good enough for government work.” This old phrase regarding the quality of work can now be turned around to say, “Government work is good enough.” At the very least, it can with respect to salaries, according to data from the Bureau of Economic Analysis (BEA). Government workers generally fare better than private sector…
Read More

1