I recently read an article on CNN Money that pulled data from a Harvard University study on housing. It stated that 11 million Americans were now spending at least half of their income on rent, and 21.3 million were spending at least 30% of their income on rent. Most personal finance
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Income Tax in the United States
Have you ever heard someone talking about how if they were to get a pay raise it would bump them into a higher tax bracket? This might then be followed by a rant about taxes and a speech discussing how the raise will cause them to actually earn less money because
Continue readingRenting vs. Owning a Car
I’ve been trying to find some information or even personal experiences on renting a car when you need versus owning a car, but unfortunately all I have come up with is a large lack of information. When I do find information on the subject, it always seems to point more
Continue readingLuxury Apartments
If you have been on the hunt for an apartment in the past year, you have may noticed a strange trend of luxury apartments popping up all over the place. Even if you haven’t been on the search, you may have seen the signs all over the place pointing to
Continue readingAre Graduate Student Stipends Taxable?
Something that came up recently in a conversation I was having was that graduate student stipends are not taxable when it is strictly a stipend or a fellowship. Basically, if you are not teaching or doing some sort of assistantship while attending graduate school, the money is given to you
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