$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC September 23, 2024
FINANCIAL LITERACY

ARE YOU BETTER OFF THAN FOUR YEARS AGO?  

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.   No, but I could afford my home mortgage if I had one and had needs—food, utilities, gas, etc. But going to the grocery store and paying $100 for two bags—come on, Man!  Since 2020, living expenses have risen painfully, impacting most Americans.  Tens of millions of Americans cannot afford basic needs today.   Prefer Podcast - Click Below Maybe ...

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by Powers Investments Management, LLC April 29, 2019
FINANCIAL LITERACY

HOW COLLEGES FOOL YOU INTO OVERPAYING FOR UNDER PERFORMANCE

For the past ten years, inflation has averaged less than two percent with two exceptions:  Health Care (~six percent) and College Tuition (~eight percent).  An eight percent college inflation rate means the cost of college doubles every nine years. Think of it this way, if your 18-year-old daughter enters a State University in 2019, you/she will pay over $100,000.  If nine years later your nine-year-old son decides to attend college, you/he will pay ...

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