The Middle Class Sure Isn’t What It Used to Be

The Middle Class Sure Isn’t What It Used to Be

The only way to be different from those families who are struggling to pay their $24,650 in monthly expenses is to live differently than they do. Being part of the middle class isn’t what it used to be. It doesn’t take a financial expert to see that the US economy, despite the optimism from the White House, is going to continue to hit most of us hard. Now is the time to make the changes before they’re forced on you.

The American Dunning-Kruger Epidemic (Or Why Ignorant People Are So Sure They’re Right)

The American Dunning-Kruger Epidemic (Or Why Ignorant People Are So Sure They’re Right)

The Dunning Kruger effect is a cognitive bias in which individuals, who are unskilled at a particular task, believe themselves to possess above-average ability in performing the task. On the other hand, as individuals become more skilled in a particular task, they may mistakenly believe that they possess below-average ability in performing those tasks because they may assume that all others possess equal or greater ability. In other words, “the miscalibration of the incompetent stems from an error about the self, whereas the miscalibration of the highly competent stems from an error about others.”

Enjoy this blog? Please spread the word :)