Author: financialflipside
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The Wealth Crisis for African Americans
In 2017, the guardian reported that by 2053 the median income of black Americans will be ZERO. Meaning half of black Americans will have less then zero wealth while the other half will have some wealth.
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The Financial Flipside Podcast, Episode 19: Housing Things
As of May 2019, the average price of a new house in the US was $377,200, a price that will buy you, on average, an apartment’s worth of space for every member of your household. Alongside expanding house sizes and the proliferation of luxury condos is a stark reality: the United States, like many…
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The Financial Flipside Podcast, Episode 18: Looking Back: A Tax Season Wrap-Up
The first tax season after the passage of the Tax Cuts and Jobs Act was full of surprises. When the IRS published its weekly filing statistics during the last week of tax season , the numbers confirmed what many taxpayers were shocked to see when they finished their returns: namely, that tax refunds were…
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The Financial Flipside Podcast, Episode 17: Shut ‘Em Down
On December 22, 2018, the US government entered what was to become the longest shutdown in the country’s history, when the President refused to sign off on a Congressional budget that didn’t include a requested $5 billion in funding for a border wall. The government temporarily reopened 35 days later, but not before damaging…
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The Financial Flipside Podcast, Episode 16: Year-End Money Moves
As the year draws to a close, a lot of us carving out time between holiday parties and wrapping up projects to make a few New Year’s resolutions. After writing or typing out our lists, we roar into the new year with the best of intentions, armed with gym memberships, apps, and new gadgets. Yet,…