In the last decade, Elon Musk became one of the richest people in the world. But how did the co-founder of Tesla and SpaceX make his billions? Some consider Musk a savvy businessman, while others think he’s a controversial figure. Musk’s journey in building his net worth is one that’s made headlines. The billionaire’s actions…
Many of us are guilty of believing common myths about poverty, especially if we haven’t experienced it. But here’s one thing to consider, among many others: You might technically be poor, even if you don’t view yourself that way. Britannica Dictionary defines poor as not having enough money to fund basic items that one needs…
Rising lottery jackpots excite millions of Americans with the prospect of winning big. The chances of earning those large jackpots are slim, but that doesn’t stop record amounts of lottery ticket sales year after year. Forty-five states participate in the Powerball lottery game, and many dream of beating the highest-ever earnings in 2022. $2.04 billion…
Cryptocurrency has made tremendous waves in the American economy and culture since it reached mainstream popularity in the last 10 years. But how far has the impact spread throughout the entire world? The crypto financial market might be foreign to some Americans when learning about it, and thinking about those same digital currencies being used…
Shrinkflation is one of the most annoying corporate tactics shoppers face. Nothing is worse than feeling tricked, and that’s exactly what shrinkflation does. Your favorite cereal, laundry detergent, or ice cream might look just like it did yesterday, but peer a little closer and you might find there are fewer ounces in the same package….
Tipping used to be a feel-good gesture. But in 2024, many Americans feel pressured to tip in situations where it was previously unnecessary, and in amounts that are hard to swallow. According to USA TODAY, the average tip Americans leave across the country is 18%. Nevertheless, residents in several states unapologetically leave well below that….
Some states have a reputation for being well-off. Others are known for having lower incomes. But how do Americans’ perceptions of wealthy and poor states measure up to cold hard data? World Population Review took on the task of ranking states according to each state’s gross domestic product (GDP). That means they honed in on…
While many Americans are feeling the effects of the rising cost of living, some households are thriving. According to SmartAsset, high-earning American households can significantly impact the tax base and finances within a state. To determine the states that high earners are moving to the most, SmartAsset examined the inflow and outflow of tax filers…
Colleges and universities in the United States are facing growing challenges and scrutiny. From skyrocketing tuition costs to questions about free speech on campus, these issues collectively contribute to dwindling confidence in the value of higher education. Many Americans feel it’s time for the government to step in. These are some of the biggest issues American…
Here’s a sobering statistic: Consumer debt in the U.S. increased by 4.4% between 2022 and 2023. The total amount of debt Americans owe? $17.1 trillion. While the majority of that $17.1 trillion is tied to mortgages, $1.07 trillion is in credit card debt, which is traditionally considered among the worst kind of debt. That represents…
