The Rise of Consumer Credit and How to Manage Your Own
How often do you use a credit card? Perhaps you even use more than one. In today’s economy, the small rectangle of plastic (or metal) in your wallet is more than just a tool [...]
A History of Modern Credit and Why It’s Important Today
You’re probably familiar with credit in your everyday life. Many Americans have credit cards, use them for everyday expenses, and (most) try to act responsibly to increase their credit scores. But where did it [...]
A History of the Sales Tax
Before we take a peek into the past to see how sales tax became a part of our lives, let’s define our terms. Sales tax is a tax on the sale or exchange of [...]
A Brief History of the Social Security COLA
Although to some of us it may seem as if Social Security has always been around, that isn’t the case. The Social Security Act was signed into law by President Franklin D. Roosevelt on [...]
A Recent History of Federal Reserve Policy
The past quarter century has held times of economic prosperity and crisis in this country. Because your retirement hinges on your financial options and decisions, the economic health of certain parts of the financial [...]
