Financial Wellness

Two Topics from the Course

Just about every topic that we’re discussing in the course has been in recent news, and I’ll touch on just a couple. Credit Card Debt On July 11, 2019 Yahoo Finance reporter Sibile Marcellus writes, “Americans owe more than $1 trillion in credit card debt. And according to a new CreditCards.com poll, households with credit…

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Tippecanoe County, IN, experiences the highest wage growth in the U.S

The U.S. Bureau of Labor Statistics reports that Tippecanoe County, IN, had the largest over-the-year percentage increase in average weekly wages During the 4th quarter of 2018 (15.1%). Within Tippecanoe, an average weekly wage gain of $1,046 (128.5%) in professional and business services made the largest contribution to the county’s increase in average weekly wages.…

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New Headquarters for Ramsey Solutions

In discussion boards (again) this semester several students have mentioned Dave Ramsey, a man whose work has changed many thousands of lives for the better. The other day, the people of Ramsey Solutions announced that they are looking forward to moving into a new building in Franklin TN, reportedly to be 650,000 square feet when completed.…

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It’s what you spend

Yesterday while on the road I listened to Bob Brinker’s “Money Talk” show on WLS radio. . Mr. Brinker made it clear that we need to distinguish between assets and income, and then noted that a high proportion of professional athletes –  who had exceptionally high incomes for a several years – file bankruptcy just…

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In the News

Half of Non-Homeowners Expect to Buy Homes in Five Years(Gallup) Highlights: 49% of non-homeowners expect to buy a home in the next five years; An additional 20% expect to buy a home in the next 10 years; One in five homeowners plan to sell in the next five years. US Consumer Spending Up in April,…

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