News has broken that there will be a 2011 pro football season after all (woohoo!). Under the deal, veteran NFL players will still be paid millions for doing what they do best. However, the ability to earn an outsize paycheck doesn’t mean that all NFL stars are financially secure. The Wall Street Journal reports this [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. After paying for housing and utilities, the grocery bill is often the largest single line item in a household budget. So if you haven’t already tried these tips to shave dollars off [...]
Welcome to the latest installment of our new series! We’ve rounded up experts in the fields of economics and personal finance to answer common questions young people have about their money and the economy. For this column, we’ve asked an expert on finance and business for his insight on a little-understood topic that’s often in [...]
While we can’t offer you respite from the heat wave oppressing much of the country, we can bring you good news of upcoming sales tax holidays to ease the burden on your back-to-school shopping budget. (Don’t have a household budget? This is a perfect time to create one and educate your kids about what all [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. CDs, money markets, and Roths — oh my. The world of saving for the future is an alphabet soup, but we’ve put together this handy glossary for helping you figure out where [...]
R. Kelly is in trouble again, although at least this time it’s not a big-time felony mess. The Associated Press reports that he hasn’t made a mortgage payment on his Chicago mansion since June 2010, leading JP Morgan Chase to initiate foreclosure proceedings against the R&B singer: Crain’s reports the Olympia Field home’s appraised value fell [...]
How much money do you save? Maybe you’re someone that dutifully sets aside money from each paycheck. Conversely, maybe you’re someone who has never met a dollar they didn’t want to spend right away. Perhaps you’re somewhere in between these two extremes. If you’re not saving at all, it’s time to start. If you are [...]
In the first survey of its kind, the Pew Internet Project found that 35 percent of all American adults own a smartphone. (As Mashable.com points out, that means more people have smartphones than college degrees in the United States.) The study found that 59 percent of people in financially well-off households (defined as income above $75,000) [...]
Despite the encouraging news that women in their 20s have more than made up the salary gap — with recent census data indicating that single, childless women outearn their male peers by 8 percent — women as a group are light years behind men in retirement savings. Why is that? For starters, as this Fidelity [...]
Welcome to the third installment of our new series! We’ve rounded up experts in the fields of economics and personal finance to answer common questions young people have about their money. For this column, we’ve asked an expert on the budget for his insight on the country’s $14 trillion national debt. Got a question you’d [...]
