Month: November 2011

Mortgages vs. Inflation: The Real Mortgage Rate is Historically Low...

As we occasionally point out here at Don't Quit Your Day Job, inflation expectations are an interesting indicator that can be calculated from market data. They become even more interesting when we combine them with other measures. It becomes yet more interesting if you are in the market to refinance a mortgage or purchase a home. Read on for an interactive chart on the 30 year mortgage and the market's 10-year inflation expectations.

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Carnivals and Links, Week of November 7, 2011

Welcoming The Frugal Toad to our blogroll, linking great stuff, adding a Facebook page, an eBook from MD at Studenomics and so much more!

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How Many Hours a Week Do You Work? More Hours Means More Income in America

Thomas Jefferson once said, "I'm a great believer in luck, and I find the harder I work the more I have of it." Wise words from a man who died with the equivalent of $1,000,000 in today's dollars worth of debt - but his words still ring true today. I wrote this article on a whim when I tried to find data on the amount of hours worked per week broken down by individual income. Let me save you some time; that data is nowhere to be found. I can tell you this... the average American private sector worker works 34.3 hours in an week. I can also tell you that the average American worker making an income from $100,000 to $149,999 puts in 45.09 hours in a usual week, 34.3% more than the average worker making between $10,000 and $19,999. So I ask you, dear reader, how many hours a week do you work?

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Carnivals and Links, Week of 10/31/2011

Carnivals submitted to, featured links, guest posts, oh my. Updates for the week of 10/31/2011.

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Don't Quit Your Day Job...

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