In 1938, the Fair Labor Standards Act established the federal minimum wage. Businesses were required to pay employees at least $0.25 per hour (the equivalent of $4.74 in 2023 dollars). Congress has adjusted the minimum wage 22 times since then, most recently in 2009 when it raised the rate to $7.25 per hour ($10.53 when adjusted for inflation).
Living in Florida may be appealing, but it can be unaffordable for many people the average home costs upwards of $2 million in the state's most expensive city. But even in the Sunshine State's most.
If you're not someone who has inherited major family assets, becoming rich can seem like a major challenge, or even the challenge of a lifetime. This is especially true for younger Americans who are.
Economic woes are not unfamiliar to Americans. The price of groceries and gas are proof. However, more economic challenges are on the way in 2024, and this time they're related to the job market. .
It's ideal to make a good salary or income through side hustles, but who doesn't want to earn passive income, where you don't have to do much or any work to reap financial rewards? Get Rich: Ramit.