In recent times, the traditional pathway to success—a four-year college degree—has come under scrutiny. Increasingly, high school students like Angela Ramirez-Riojas are exploring alternative routes to achieve their career ambitions. For Ramirez-Riojas, who recently enrolled in a vocational construction program at Riverview High School in Florida, the allure of skilled trade work seems to resonate
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In recent years, the narrative surrounding women’s roles in both the workforce and society has dramatically evolved. Women now represent approximately 50% of the total employment among those aged 20 to 24, indicating a notable shift towards gender parity in professional settings. However, a closer examination reveals that while they may have similar participation rates
The devastation caused by hurricanes can leave communities reeling, with the immediate focus often on recovering from the destruction. However, alongside the physical rebuilding, another critical concern arises for residents: the surge of scams and price gouging that typically follow disasters. Hurricane Helene has highlighted the need for vigilance among affected states as they warn
As the end of the year approaches, individuals looking to optimize their retirement savings may contemplate Roth IRA conversions. While this investment strategy offers significant long-term benefits, including tax-free growth, it’s essential to navigate the accompanying tax implications carefully. The potential risks tied to increasing your adjusted gross income (AGI) must be fully understood to
In a financial landscape often characterized by volatility and uncertainty, Frederick MacLean, president of Heritage Investment Group, exemplifies a refreshing commitment to consistency. With Heritage clinching the top spot on CNBC’s list of the best financial advisors in the U.S. for 2024, it’s essential to unpack the principles that form the bedrock of MacLean’s strategy.
Despite the progress made in recent decades towards achieving gender equity in the workplace, the gender pay gap remains a significant challenge. Recent studies, including findings presented by Kelly Shue from Yale School of Management, highlight a particularly troubling aspect: the “gender promotion gap.” This issue compounds efforts to address income disparities, as women continue
In today’s world, financial literacy is more crucial than ever. As parents, we face the challenge of equipping our children with the knowledge and skills necessary for a secure financial future. This task becomes even more urgent when considering the wide array of investment vehicles available and how early we begin to teach our children
The topic of Social Security is back in the limelight, especially in the wake of discussions surrounding the benefits afforded to surviving family members when a Social Security beneficiary passes away. One of the key issues is the one-time lump-sum death benefit, which has been stagnant at $255 since 1954. In light of rising funeral
In recent years, many American savers have enjoyed the benefits of higher yields on various cash instruments, such as savings accounts, certificates of deposit (CDs), and money market funds. However, the landscape is shifting dramatically. Recently, the Federal Reserve’s decision to lower interest rates has sparked concerns regarding the future returns on these traditionally safe
Social media platforms have revolutionized the way people access information, and nowhere is this more evident than in the realm of personal finance. Particularly among younger audiences, platforms like TikTok have become a hub of financial advice, tagged as #FinTok. However, this democratization of financial knowledge comes with significant risks. With catchy sound bites and