October 30, 2009 – 10:15 am
In this day of high fashion, it seems almost quaint to speak of an inexpensive pair of faded Levi’s jeans. Indeed, for proof that jeans have moved far beyond their role as the outfit of the working man, check out this Wall Street Journal article on “The Rise of Power Jeans.” As designer denim became [...]
Posted in Econ4U, Economy, Personal Finance, Saving Money
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Tagged Bubble, iPod, jeans, Levi's, Personal Finance, recession, Seven for all Mankind, True Religion
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October 29, 2009 – 11:27 am
Imagine you’re standing on a street corner in New York City, hand raised to hail a cab. Two cabs pull up to vie for your business; a beat-up late 60s sub-compact with no air conditioning, and a brand new mid-size sedan, with working air conditioner and an electronic meter. It’s not hard to pick which [...]
October 29, 2009 – 9:51 am
Former NBA star Antoine Walker is the latest athlete to serve as a sad reminder of the importance of fiscal discipline. The Boston Globe recently reported that Walker, a 6’9” small forward who made at least $110 million over his 12 years in the NBA, owes more than $4 million to creditors. This comes after a [...]
October 27, 2009 – 11:48 am
Welcome to this week’s edition of Tuesday Top 5, our new weekly tips post to help you manage your money in five easy steps. Do you know what your credit score is? You should: It’s the most important factor in getting a loan. But what can you do if your FICO score looks more like your shoe [...]
October 27, 2009 – 10:15 am
The clothing company H&M has made a name for itself providing high-fashion clothing at prices that most people can afford. (BTW – I am not paid by H&M; this is what my wife has told me.) On occasion, H&M enlists the services of an otherwise exclusive designer, to produce a line specifically for the store. [...]
October 23, 2009 – 1:34 pm
Are you ever accused of being a cheapskate? If so, you have something in common with Linda Beech, a columnist for The Garden City Telegram, who wrote her latest opinion piece on why she bought a used car (instead of a new one) for her teenage daughter: Years ago, when I had two small children and [...]
October 23, 2009 – 9:15 am
In case you missed them, here are a few of our most popular recent posts. Be sure to check out two of our new recurring themes, the Tuesday Top 5 and Famous Financial Flubs. Why isn’t college LESS expensive during a recession? Tuesday Top 5: How to Write a Will Avoid the Freshman Financial Fifteen [...]
October 22, 2009 – 3:10 pm
In the news today is AT&T’s decision to sue a number of major producers of liquid crystal displays (LCDs). These ubiquitous displays are used in televisions, cell phones, and – most likely – the computer screen you’re using right now. AT&T is alleging something called “price fixing” in the market to buy and sell these [...]
October 21, 2009 – 4:11 pm
It has been difficult to pick up a newspaper the past week without seeing a story on the rising cost of college tuition; these articles from the LA Times and the Washington Post are representative. College costs are in the news because of the College Board’s “Trends in College Pricing 2009” report, which I would [...]
October 20, 2009 – 2:27 pm
Welcome to the inaugural edition of Tuesday Top 5, our new weekly tips post to help you manage your money in five easy steps. This week, we show you how to stop putting off one of the most important duties you have to protect your dependents in the event of a tragedy: Writing your will. [...]
