This is the question I ask my undergraduates when I pull up Page 1. Some of them are annoyed. I get it. Inequality feels bad. It feels unfair when a smaller group of Americans on the right side of the graph should have so much more than those on the left side. It’s a VERY natural human reaction. But then I offer a change of perspective: What if inequality is a product of freedom? What is instead of annoyance, they felt inspired by the possibilities? This means wealth inequali

Stop Blaming Taxes: The Real Reason You're Not Wealthy By Jeff Hulett, President of Personal Finance Reimagined Every time the Federal Reserve releases its wealth inequality survey, the headlines explode. Everyone points fingers: "It's the tax code!" "It's the system!" As a personal finance professor, I agree these factors matter, but they miss the fundamental, surprising truth about why the rich get richer and everyone else falls behind. The real failure isn't in government

The Real Input to Wealth: Time and Attention As a personal finance professor and the president of Personal Finance Reimagined, I'm constantly discussing wealth generation. It's the "output" we all strive for, but the conversation around it, particularly concerning wealth inequality, often misses the mark. It focuses too heavily on the outcome and not enough on the fundamental inputs driving the entire system. Every four years, the Federal Reserve releases its massive study on