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Recent Posts

Heres how much money you need to be a part of the 1%

You need more money than ever to enter the ranks of the top 1% of the richest Americans. To join the club of the wealthiest citizens in the U.S., you’ll need at least $5.8 million, up about 15% up from $5.1 million one year ago, according to global real estate company Knight Frank’s 2024 Wealth Report. Robust wealth creation, driven …

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Small business owners report growing optimism about the U.S. economy

Small business owners are feeling better about the U.S. economy as inflation cools and recession fears subside, according to a new survey. Indeed, economic optimism among smaller employers is at a 22-year high, PNC Financial Services Group found in polling small and midsize business owners. A majority of respondents – 55% – said they are “highly optimistic” about the national …

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Credit card debt forgiveness dos and donts

Credit card debt forgiveness has been a hot topic as of late. With the federal funds rate target frozen at a 23-year high, credit card interest rates have risen significantly in recent years. And since interest makes up a sizable portion of credit card minimum payments, many are dealing with higher monthly payments today than they were just a couple …

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