Financial Wealth

Photo Credits: http://www.cbsnews.com/news/financial-wealth-its-time-not-money/ Wealth that is based on ownership of financial assets such as stocks, bonds, money, and government securities.  It is often times mistaken for the amount of money an individual makes or has in actual dollars.  A more consistent way of measuring financial wealth over time would be the number of years of financial...

Supplemental Poverty Measure

Photo Credits: http://poverty.ucdavis.edu/policy-brief/supplemental-poverty-measure-better-measure-poverty-america The lack of economic resources for consumption of basic needs such as food, housing, clothing, and utilities. Gross money income from private and public sources is supplemented with benefits such as food stamps, housing subsidies, and tax credits in order to determine family resources.  Medical out-of-pocket expenses such as health insurance premiums,...

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