The “top 1%” in terms of wealth….is FAR different than the ‘top 1% wager earner’. Most of us fail to truly understand that the real ‘wealthy’ among us do not have to work….nor do their children. We worker busy ourselves w/ ‘paycheck’ envy of those with a few scraps more...
The federal government uses a slightly different method to calculate disposable income forwage garnishmentpurposes. This is the seizure of a portion of a wage earner’s paycheck before it is paid every payday until the amount due for back taxes or overdue child support is paid. For this purpose...
A bread earner for her family, Mata managed to purchase a house in the Philippines using her savings and supported the education of her son. "Sometimes I feel I am a strong woman. I am very proud of my job," she said. Mata said she felt grateful as her employer respected her and tr...
20 For example, our results are not driven by factors that impact the entire family: if IMR or sanitation in birth year was simply capturing general improvements in village infrastructure, the impact should be felt by all earners today, not just those families where the current primary earner ...
However, they are excluded because I am limit- ing investment to activities that enhance productive capacity. With children, protec- tive maintenance allows them to continue learning and enhancing their capacities. In many cases with adults, these transfer payments are simply maintaining them as they...
Broken down to monthly numbers, that is $199 a month which is about 22 percent of their disposable income. And while there is indeed nothing wrong with treating yourself occasionally, it can’t be your priority if you want to grow your wealth. So precisely what should be your priority when...
What is the cumulative income of the median-income earner in this group? a) What role does the state have in fostering the efficient allocation and (re-)distribution of resources among individuals? What role does a market have? b) Politics is conce...
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Federal Money Market Fund today, as I record this, is paying over 4.5%, and the Fed's talking about boosting short-term interest rates another half percent here in the next month or so, at which point they'll be paying 5%. That's awfully good for what's essentially a guaranteed ...
and interesting jobs--which higher education gives. It is clear too that the reasons why such children leave have much to do with their social background. Their parents often need the extra money another money-earner would bring in;they don't value education for itself because their own was...