cost of living

How much money should a CEO make?

Posted 1 week 6 days ago by Andrea Dickson

Career and Income, Entrepreneurship

According to the Institute for Policy Studies, in 1980, American CEOs earned over 40 times more per year than the average American worker. Today, the average American CEO from a Fortune 500 company makes 364 more than that same worker, and 70 times more money than a four-star Army general. Is that fair?

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Roll your own cost-of-living index

Posted 40 weeks 7 hours ago by Philip Brewer

Personal Finance, Frugal Living

High-priced water

If you have a budget--more specifically, if you track your spending--you have the data you need to track changes in your own personal cost of living. That's a lot more useful than the Bureau of Labor Statistics CPI (although people on Social Security, or with a lot of money invested in inflation-indexed treasury bonds, care about the CPI too). It's not so easy to turn your data into a number, though. In fact, you'll face a lot of the same problems the government does.

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