Nowadays, the pursuit of the American dream has dwindled to nothing more than a vain ambition. Luckily, members of Generation Y are blessed (or maybe cursed) with levels of ambition previously unheard of: we are three times as likely to want to save money, compared to our parents and grandparents. Simply caching money in an everyday savings account won’t elicit wealth, though.

From day one, Uncle Sam and Lady Liberty have borrowed to pay for the country's pricey expenditures. Now federal debt is enormous and unsustainable. How did it come to this?

Filing for bankruptcy can be a useful tool to get out of debt, but it can also carry some serious consequences.

I recently watched the film version of the play A Raisin In The Sun starring Sidney Poitier. In the story, his character, Walter, dreams of pulling his family out of poverty and creating a better life for himself, and believes that investing the family’s savings into a business scheme will lead to wealth and opportunity. Though he ultimately squanders the money on a bum investment, I could relate to his desperation to make something of himself.