metalic figurine woman holding scales in right hand and sword in left hand

Does Democracy Require Equality of Income or Wealth?

Democracy is often heralded as a system of governance that not only allows but facilitates equal opportunity for participation and representation. The question of whether this extends to economic equality, particularly in terms of income or wealth, is a complex and multifaceted issue. This essay explores the interplay between democracy and economic equality, drawing on insights from Scheve and Stasavage’s work, to understand the intricacies of this relationship. The Link Between Democracy and Economic Equality The intuitive assumption that democracy naturally leads to wealth equality is scrutinized by Scheve and Stasavage....

January 5, 2023 · 4 min
An open book placed flat on a table with two stacks of books in the background

How Can I Be Financially Wise?

Embarking on the path to financial wisdom often feels like setting out on a grand adventure—it’s thrilling, a bit daunting, and absolutely rewarding. In the treasure trove that is personal finance, knowing where to dig is key. Financial wisdom isn’t about hoarding gold coins in a chest; it’s about understanding the map, reading the stars of budgeting, investing, and saving, and navigating through the perilous waters of economic uncertainty with a steady hand on the wheel....

December 20, 2022 · 13 min
multiple sheets of tax statements overlapping eachother

The Impact of Taxes on Investment Decisions: How to Structure Investments to Minimize Tax Liability

Investing can be a great way to grow your wealth, but taxes can eat into your returns if you’re not careful. Here’s a look at how taxes can impact your investment decisions and strategies for minimizing your tax liability. How taxes can impact your investments Investment income, such as dividends and capital gains, is typically taxed at a higher rate than earned income from a job. Some types of investments, such as municipal bonds, may be tax-free at the federal level but may still be subject to state and local taxes....

December 15, 2022 · 2 min
left hand holding 4 different brand credit cards

Maximizing Credit Card Rewards: Tips and Tricks for Earning the Most Points and Cashback

Using credit cards to earn rewards can be a great way to save money or earn free travel, but it can be difficult to navigate the different types of rewards programs and maximize your earnings. Here are some tips and tricks for earning the most points and cashback from your credit card rewards. Choose the right credit card Research different credit card rewards programs and compare the earning rates, redemption options, and fees....

November 12, 2022 · 2 min
multiple credit cards scattered on a red carpet near a powered on laptop

Credit Scores 101: Understanding and Improving Your Creditworthiness

Welcome to the not-so-secret society of credit scores where the numbers you rack up can shape your financial destiny. Credit Scores 101 is not just a crash course; it’s your financial compass, guiding you through the murky waters of loans, mortgages, and those high-stakes money moves. In the grand game of life, your creditworthiness is like your hand of cards, and it’s time to learn how to play them right....

November 7, 2022 · 16 min
E-tablet placed flat on a table displaying an image containing budgeting information on a financial sheet

What Is the Number One Rule of Budgeting?

Ever felt like your wallet is a leaking faucet, and no matter how hard you try, your cash flow just drips away into the void? Well, buckle up, money mavens and budgeting beginners alike, because we’re about to drop some serious knowledge on you. Budgeting isn’t just about pinching pennies or living like a hermit; it’s about wielding the power of financial discipline like a boss. The #1 rule of budgeting isn’t some arcane secret or Wall Street jargon—it’s actually pretty straight-up....

September 5, 2022 · 13 min
Iphone held in left hand with calculator app opened

The Benefits and Drawbacks of Using a Zero Based Budget for Managing Your Personal Finances

Welcome to the financial dojo, where we’re about to chop through the clutter of personal finance management with the sharp blade of zero-based budgeting. Imagine giving every single one of your hard-earned dollars a mission before the month even kicks off. That’s right, we’re talking about a budgeting technique that’s as meticulous as it is empowering, where not a single cent lounges around without a purpose. Zero-based budgeting isn’t just another financial fad—it’s a strategic method that’s been turning heads and opening wallets (in a good way)....

June 24, 2022 · 10 min