why does marriage build wealth

Married people are richer. If you read much personal finance literature, you’ll have learned this by now. While it’s an interesting observation, what’s more interesting is why this is.

Speculation has involved a variety of topics:

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RS 2020 contribution limits

Earlier this week the IRS released their updates to retirement plan contribution limits. The good news is everyone’s favorite tax agency has increased the amount you can contribute for your 401(k), 403(b) and 457 plans. Limits generally increased from $19,000 to $19,500. Catch up contributions for workers aged 50 and over who participate in these plans increased from $6,000 to $6,500.

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Art stocks are gaining popularity as a viable asset class as investors look for new ways of increasing their profit margins on investments. It is being embraced by households as a component of their personal identity. Art is perhaps, one of the only ways in which emotions and investment intersect for profit.


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Bank Run

Bank runs are not just a thing of the past. In fact, there was even a bank run this year in the United Kingdom because of a Whats App rumor. But what exactly is a bank run and should you be worried about it? Learn everything you need to know in the content below. :)

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Spender Vs. Saver Relationship

According to this study by Ramsey Solutions, money is the #1 reason why couples break up. The results of the study show that a lack of communication around money is the actual issue. That said, when was the last time you and your significant other had a money talk? The goal of this article is to help ease into money talks and create guidelines for smooth communication.

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Colorful Money

In Part 1 of this series, we looked at the stock market, real estate investing and cryptocurrency. Today, our main topics will include investing your money into debt (your own, others, lending, etc.), physical assets and CDs. Like always, I challenge you to do your own research to really figure out whether or not a type of investment in a good choice for you and your portfolio. With that, let’s dig in!

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This afternoon I was just reflecting on an interesting conversation with one of the interns from my old research center at the U of Maryland. This young man was just finishing his Bachelors degree, but had begun to make good progress towards paying off his debts and was beginning to think about saving to buy a home.

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care about your money

Folks – get educated and learn about money. Develop good financial habits and watch your bottom line. If you don’t care about your financial health, nobody else will.