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Tag Archives: income

Median Household Income Has Fallen Behind Cost of Living Since 2003

Are You Wasting Too Much of Your Income? Household income on average is currently lower than the cost of living as the graphic shows below. Living in a pattern where spending is more than income can only lead to one thing: DEBT. This statistical data shows average levels of income and average levels of costs Continue Reading

Bankruptcy and Income

Bankruptcy will protect your income so that your wages will not be garnished and bank accounts will not be levied. When you are under bankruptcy protection, bank levies, wage garnishments, and any other collections activities will be halted. You will have your income protected while your paperwork is being processed in court. In financially challenging Continue Reading

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