#1 Fear of flying (Aerophobia).
Getting in a passenger aircraft and taking off leads the list of our fears, but is it warranted? Not really – estimates show that about 1,300 people die in plane crashes every year, but when you consider the hundreds of millions of people who fly, the odds are a relatively safe 11,000 to 1, which is much better than your chances on the roads!
Interestingly enough, about 95% of people who do suffer a plane crash ... Continue Reading →
Which city in the U.S. is the most burdened with credit card debt? A new poll by CreditCards.com reveals just that, assessing the debt burden of the top 25 metropolitan areas. But the discussion goes further than just which city has the highest average credit card debt because a big factor in the study’s rankings include the median income in the area, showing the true disparity between debt and earnings. It also tabulates how many months it would take to ... Continue Reading →
In 1930, the iconic economist John Maynard Keynes floated some startling predictions about what the future of employment would look like. Keynes believed that we’d soon only be working an average of 15 hours every week, thanks to growing technology and industrialization.
His assertion was backed up by evolutionary biologist Julian Huxley, who calculated we’d only have to work two days every week in the future. In fact, they thought our time would be so liberated from industry and open to ... Continue Reading →
When people have questions, and they search online a whole lot these days, and financial inquiries are no different. In fact, Google, the world’s largest search engine, accounting for 88.96% of all search traffic, gets 40,000 search queries EVERY SECOND on any given day. That tallies up to about 3.5 billion Google searches per day or 1.2 trillion every year. And while Google may dominate the search business, it’s by no means the only game in town. Bing is the ... Continue Reading →
The official word is that it was just an untimely “coincidence,” yet others believe that the early July technical glitch that caused the New York Stock Exchange to shut down for three hours was far more than that – either cyber terrorism or a cyber hack.
Here are the facts we can count on: On Wednesday, July 8th at 11:32 a.m. ET, the New York Stock Exchange – the world’s biggest financial exchange both in volume and total dollar trading, valued ... Continue Reading →
Keeping a great credit score is the best way to save money on your mortgage, car loan, credit cards, and other interest rates, but it takes responsible financial choices with money, credit, and debt to achieve that. As FICO scores range from 300-850, with 680 considered good and above 720 excellent, it’s important to understand these seven habits that will increase your credit score and improve your finances over time.
1. Get your financial house in order. Continue Reading →
The first step to ...