by Phelps Admin | Mar 13, 2025 | Uncategorized
The average American today is being strangled financially, with stagnant wages squeezing them on one side and rising costs on the other. A recent Wall Street Journal article revealed that the top 10% of Americans, which includes households making $250,000 per year or...
by Phelps Admin | Jan 7, 2025 | David Phelps, Uncategorized
While there is some merit to the fact that many younger employees often have unrealistic expectations regarding salary—especially starting salary, the truth is that wages need to increase if we expect the economy to work for everyone. It’s pretty simple. If people...
by Phelps Admin | Sep 24, 2024 | Uncategorized
For the last several years, consumer, corporate, and government debt has remained at the highest levels we’ve ever seen, but as bad as this is, America’s economy is facing an even more significant threat. There’s the debt we know about, which is tracked by calculating...
by Phelps Admin | Aug 3, 2023 | David Phelps, Uncategorized
You work hard to have a productive dental team that provides outstanding service in a cost-effective, sustainable, and environmentally friendly way. These goals are important, but the key driver for business success, in both good and bad economics, is profitability....
by Phelps Admin | Jul 27, 2023 | Press, Uncategorized
Dr. David Phelps, a noted financial expert and one of the people on the 13-member working group, who helped the Department of Education develop the new financial literacy curriculum, says this facet of the program is essential to its success. Read More...
by Phelps Admin | Jul 21, 2023 | Uncategorized
Navigating the complexities of our economy can often feel like trying to predict the weather, and we’ve all seen how often even the so-called “experts” get that wrong. In my opinion, the economy is just as complex, and it’s made even more...
