• Lifestyle
    Investopedia9 hours ago

    4 Ways Successful Middle Class Families Invest

    Although the U.S. government clearly defines what it means to live in poverty, it doesn’t provide the same clarity for what it means to be “middle class." You tend to hear a lot about this group during presidential election years, as middle class families make up the majority of American households. What exactly is “middle class" ? Economists slice and dice it in many ways, but the most typical definition categorizes families as middle class by their annual household income. The Pew Research Center defines middle class families as those that earn between $46,960 and $140,900 annually. Other sources draw the line around typical middle class aspirations like home ownership, vacations, and college

  • ‘Rich Dad’ author Robert Kiyosaki: If you’re investing for the long term, ‘you’re crazy’
    Lifestyle
    MarketWatch3 hours ago

    ‘Rich Dad’ author Robert Kiyosaki: If you’re investing for the long term, ‘you’re crazy’

    Robert Kiyosaki, author of several best-selling books including “Rich Dad Poor Dad,” joined MarketWatch for a live interview on Facebook today. He offered up insights on making money, becoming an entrepreneur and even touched on politics. Here are some highlights from the talk, or you can listen to the full interview here. His advice on how to get rich: “The rich do not work for money. Most people do not understand that, because they’re taught to go to school and get a job for money. The rich don’t work for money. And one of the reasons for that is money is no longer money. One of the reasons for that is in 1971, President Nixon took the U.S. Dollar off the gold standard and basically screwed

  • finance
    Bloomberg4 hours ago

    Lower-Paying Industries Are Seeing the Fastest Wage-Growth in the U.S.

    Lower-paying industries see high pay raises.