Genesis Mining has conducted a survey asking what the U.S. dollar is backed by. Apparently, around 30% of the U.S. public believes that the dollar is still backed by gold. The Bretton Woods system ended in 1971, and it was then that the convertibility of USD to gold was officially terminated. The dollar became solely a fiat currency, and exchange rates were free-floating. Despite this happening close to 50 years ago, some Americans are still under the impression that gold is tied to dollars in some way.

The fastest way to build wealth is to challenge what you’ve most likely been led to believe and then take the necessary actions to start you on a new path. Consider the standard way of thinki…

I know a couple with two children who can’t seem to stop buying their kids more toys. Their entire house—not the just the children’s bedrooms—is full of them. If I had to count, I would…

Overall, millennials earn 20% less than baby boomers did at the same stage of life, according to a recent report, thanks, in part, to the effects of the Great Recession and a rise in contract work. That's leading to some long term problems for this generation.

While searching for the person who grifted me in Chicago, I discovered just how easy it is for users of the short-term rental platform to get exploited.

In April 2019, Juana Velosa was excited for her upcoming work assignment in Africa. Before leaving, she made sure to pay all of here bills. Or so she thought. She came home to find her credit had been ruined.

LeBron James' Monday news conference played right into the hands of Chinese government propaganda and undermined the values he has publicly espoused.

In the same way that Capital in the Twenty-First Century transformed the way economists look at inequality, Piketty’s new book Capital and Ideology will transform the way political scientists look at their own field.

In a rented room in a church in an upmarket Toronto suburb, Hasina Lookman is running through various stock market indices at a rapid clip. “Tell me about volume,” she asks, then follows up with an explanation of market capitalisation. Her listeners, clearly engaged, appear eager to weigh-in on what might cause a stock’s value to fluctuate.

An inevitable fact of life is that we all have to spend money. Earning cash back on necessary expenses can be a huge win and with the right approach you can easily rack up a significant amount of cashback over the course of a year. There are several different ways that you can earn cashback on your purchases, including: Paying with cashback or rewards credit cards Using cashback websites and apps like Rakuten and TopCashback Automated apps that make it super-easy to earn cashback with little-to-no effort on your part The Dosh app falls into the last category. It takes

One of the keys to building wealth is investing in income-producing assets. These assets make it possible to grow multiple streams of income, and they can also serve as sources of passive income that require little-to-no work on your part. Regardless of whether you're looking for a source of retirement income or just for ways to grow your wealth faster while you are still working, income-generating assets should be a key part of your plan. According to research done by Tom Corley, 65% of millionaires have at least 3 streams of income (source). If you want to join them in

(Bloomberg) -- Ever since negative interest rates became a thing, banks have been too afraid to pass them on to retail depositors. That may be about to change.In Scandinavia, where sub-zero rates have been the norm longer than most other places.

With numerous budgeting apps available on the market, it’s essential you know which ones are the best and what they have to offer so you don’t waste your time, money, and privacy. The best budgeting apps take into account your lifestyle and financial situation, can be tailored to your budgeting style, and offer great customer service. Let's take a look at the leading contenders. Why Use a Budgeting App? The primary reason you should use a budgeting app is because it helps you save money. These apps provide organization so you are informed, as you ought to be, of exactly

Net worth is one of the most common ways of measuring your overall financial situation. If you're looking to build wealth, you should be tracking your net worth. Contrary to what you might think, net worth tracking isn't just for millionaires. Your net worth is a good overall gauge of your financial health and it can be useful for measuring your progress and determining if you are on track to meet your goals, especially goals related to retirement. Here are some steps that you can follow if you're looking to increase your net worth. Calculate and Track Your Net Worth

From the Virgin Islands comes a tale of two Jeffreys, and the difference great wealth can make when it comes to sex crimes—until it doesn't. Both Jeffreys were convicted of shameful crimes that required them to register as sex offenders in whatever state or jurisdiction they resided.

This post is sponsored by SellCell. All opinions are my own. Smartphones are a big part of everyday life for most of us. It's hard to even remember what life was like before Apple changed the industry with the release of the first iPhone. Although today's smartphones are impressive, they can also be quite costly. But fortunately, there are some things you can do to save money when you're buying a cell phone. This article presents several tips and options that you can use to spend less and keep more money in your pocket. 1. Avoid Buying the Latest Devices

Many people turn to side hustles as a way to make extra money outside of a traditional job. Whether you're looking to make a little extra spending money, cover a shortage in your budget, or earn enough money that you can stay home with your kids, a good side hustle can be the solution. But sometimes the biggest challenge with a side hustle is making everything fit into your schedule. While there are all different types of opportunities available, it can be a challenge to find a side hustle that will be worth the effort if you only have a

Do you have enough retirement income to last through your golden years? Understanding how your nest egg compares to the average retirement income can help you plan and save better, to ensure you’re comfortable, secure and happy after retirement. Average Retirement Income: Mean vs. Median, Other Factors Before comparing the average earnings of other retirees to your own, consider the difference between “mean” and “median” incomes: Mean Income – Calculated by totaling the income for a number of households and then dividing the total by that number, this is the most common measurement used to determine average incomes. However, if

The Millennials -- those born between 1981 and 1996 -- have been described as the "me generation." But new research that examined charitable behavior has ...

There are a lot of great ways to make money online, regardless of whether you are looking for a side hustle or a full-time income. Some of the best options require you to invest money in order to get started. In many cases, these are the opportunities that involve building a business and ultimately give you the potential for a high income. The amount of money that you'll need to invest can vary. You can start a blog for less than $100, but if you're starting an ecommerce site or creating a private label brand to sell products on Amazon,