August 28, 2009 – 7:34 pm
A new study that examines the connection between gender and finance is raising some eyebrows. Could it be that your tolerance for risk in money and career is determined by your hormones? Researchers at Northwestern and the University of Chicago are publishing their findings in an upcoming issue of Economic Sciences: “Higher-testosterone women are more [...]
August 27, 2009 – 4:45 pm
Tuesday’s Wall Street Journal had a useful article for parents on how to “train” their teens to start using credit cards wisely. The main goal is to teach youths to build a credit history without falling into debt. The article makes a strong point: While it is a great gift to allow your child to [...]
August 25, 2009 – 12:18 pm
Carla’s post from last week about a guy whose girlfriend drove him into debt got me thinking: To what degree should financial habits drive who you date? A few recent studies shed some light on the subject. While most people end up marrying those who are overall similar in personality, “opposites attract” seems to be [...]
August 21, 2009 – 1:06 pm
Megan McArdle at The Atlantic is currently working on a long feature piece about consumer borrowing. But since the article won’t be out until early 2010, she has given us a taste by sharing an interesting observation about people who walk away from secured debt. A secured loan, if you’re unfamiliar, is one backed by collateral, [...]
August 20, 2009 – 6:25 pm
I couldn’t believe what I was reading in a post seeking the advice of DebtAdviser this week. Signing his name as HELP, the individual explains that he is $20,000 in debt mainly because: “I think I’m too nice to people.” He had spent thousands of dollars on his ex-girlfriend, has debt from a credit card [...]
August 18, 2009 – 4:26 pm
Today we hosted our first webinar: What is a Credit Default Swap Anyway? The Financial Crisis for Capitol Hill Staffers. We had a great group for the presentation (check out the presentation here). For those that were interested and unable to attend we will be hosting a make-up session on Tuesday, September 1, 2009 at [...]
August 18, 2009 – 1:09 pm
At the risk of sounding smug, sometimes I feel like I’ve mastered the credit card game. I get 1 percent cash back on my rewards card. And because I pay it off in full every month and it has no annual fee, my credit card bank is essentially paying me a dividend on top of [...]
August 14, 2009 – 3:08 pm
Suffice to say, a trillion of anything is a lot. Since most people we’ve talked to aren’t entirely clear on how big it really is, for visual learners (like myself) we put together these graphics to illustrate the enormity of a trillion dollars. Want more visualizations? MightyBargainHunters.com has even more ways to wrap your head [...]
August 13, 2009 – 2:53 pm
College is a time for students to learn to be on their own for the first time in their lives, and a majority have a lot to learn about managing money—especially handling their own finances. Always organized and never one to miss a sale, I’ll admit that many times during college I flirted with the [...]
August 11, 2009 – 12:00 pm
08/11/09 – In Midst of Credit Crunch: Survey Finds College Students Don’t Know their Credit ABC’s Findings Demonstrate Unprecedented Need for More Econ 101 WASHINGTON, DC — The Center for Economic and Entrepreneurial Literacy (CEEL), www.econ4u.org, today released a new survey of 500 U.S. college students that underscores the need for increased education on personal [...]
