With a median income income hovering around $75,000 in the United States, some of the shrinking middle class is moving to the upper class. The share of income held by the middle class fell from 61% in ...

According to the 50/30/20 budgeting rule, you should be able to set aside 30% of your income for “wants.” But for many Americans, that’s far from reality. In some states, the average person barely has ...