How is it that a quarter-million dollars of income has come to represent the dividing line between the middle class and the wealthy?
The hoi polloi may be struggling to make the mortgage, but wealthy homeowners are spending $40 million on luxury digs 50 stories up.
The One-Percenters have done extremely well, but the Five-Percenters have done even better. Meanwhile, the middle class is losing wealth.
Those who consider themselves upper class and upper middle class made it through the recession relatively unscathed.
Getting older definitely isn't making me better-looking, but at least it's making me wiser. Here's what I've learned about money that you should, too.
The extravagantly wealthy collect houses around the globe, but they're disconnected from the communities around them. Is this a problem?
A study by behavioral economists suggests that most Americans would prefer a more equitable distribution.
Not to burst your bubble, but the odds of being very rich aren't that good. However, there is a satisfying alternative.
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