Adam Shell USA TODAY Published 6:17 AM EDT Sep 25, 2018 There’s no better feeling than landing your first job and depositing that first paycheck. But with that money comes responsibility: You need to figure out how to stretch your wages to pay your bills while setting money aside for emergencies, retirement and life’s other big costs.. What you do with those early paychecks “can really set a tone for your personal finances” for the future, says Marguerita Cheng, CEO of Blue Ocean Global Wealth, an investment advisory firm in Gaithersburg, Maryland. Remember you won’t get rich overnight and you’re just taking the first steps toward financial adulthood. Divvying up your take-home pay will be challenging, especially for those with modest starting salaries, and credit card and student loan debt, personal finance pros say. “They look at all the bills screaming at them on a monthly basis and say, ‘I have to pay … [Read more...] about Tips for budgeting: How to save for retirement, and pay bills and debt
New jersey dollar a day car insurance
Parts of the country ravaged by Hurricane Florence will slowly dry out and begin to clean up in the coming weeks. Many communities in the Carolinas hadn't yet recovered from Hurricane Matthew two years ago. The relentless cycle of disaster, rebuild, repeat has many coastal residents feeling numb and helpless. And climate scientists say we can expect more frequent, more powerful storms in the future. We heard that the Netherlands, one of the most flood-prone places in the world, almost never floods. Holland is about twice the size of New Jersey and is one of the world's most densely populated countries. Much of it is below sea level, yet the Dutch don't bother with flood insurance. They don't need it. As the U.S. cleans up from Hurricane Florence, we were wondering, do the Dutch have a solution? "The storms are perhaps man-caused and you can debate that, but the catastrophes because of the storms? Uh, those are man-made." It was a disaster that unfolded in slow motion. For four … [Read more...] about How Dutch stormwater management could have mitigated damage from Hurricane Florence
Michael B. Sauter, Evan Comen, Thomas C. Frohlich and Samuel Stebbins 24/7 Wall Street Published 12:15 p.m. UTC Jul 11, 2018 Some product launches can be spectacular failures, and Google Glass, an eyeglasses shaped head-mounted device with smartphone capabilities, failed in such a manner several years ago. It was meant to be the first piece of technology to connect the typical consumer to augmented reality. Google continues to attempt to find a place for the product, but its original launch was a definitive failure. In 2017, the internet giant announced the relaunch of the device to target to businesses rather than the general public, but whatever happens, it will be adopted by a meaningfully narrower audience. Just like success, failure is part of doing business. Entrepreneurs and large companies often take big risks, hoping for success but not always achieving it. These failures take many different forms. When a product doesn’t sell, when it is recalled or discontinued, … [Read more...] about Historic blunders: 50 worst product flops of all time
Evan Comen 24/7 Wall Street Published 12:27 p.m. UTC Jun 18, 2018 The typical American household earned $55,322 in 2016, roughly $4,000 higher than 2009’s median income of $51,425. In a number of small towns throughout the country, more than half of households earn more than three times the national median. And incomes in these towns are growing faster than they are nationwide. To determine America’s richest towns, 24/7 Wall Street reviewed household income data from the U.S. Census Bureau’s American Community Survey in every American town with a population between 1,000 and 25,000. For comparison purposes, boroughs, census-designated places, cities, towns, and villages were all considered. The recovery from the Great Recession has largely benefitted the wealthiest households the most. While the share of aggregate income earned by the poorest 80% of households fell from 49.9% in 2010 to 48.6% in 2016, the share of income earned by the wealthiest fifth of … [Read more...] about What are America’s richest towns? New study lists the top 30
Samuel Stebbins 24/7 Wall Street Published 9:02 p.m. UTC May 30, 2018 The American Dream promises to all the opportunity to attain financial security -- and even wealth -- through hard work. Just how widespread these opportunities are is a matter of debate, but there are towns that serve as evidence that the American Dream is alive and well, at least for some. In almost every state -- rich or poor -- there is at least one town where most households earn far more than the typical state resident and the typical American. Though separated by vast distances, the states' wealthiest towns often have more in common with each other than with other communities in the same state -- even some that may be just a few miles down the road. Almost without exception, the wealthiest towns have expensive real estate and are home to well-educated populations. With relatively high median incomes, they are also often home to large shares of extremely wealthy households -- those earning $200,000 or … [Read more...] about What’s the richest town in every state?