Category Archives: Econ4U

5 Fiscally Responsible New Year’s Resolutions

  1. Create a new budget. A new year calls for a new budget. Rolling over an existing budget might be easy, but making changes now is easier than dealing with debt in the future. Have you moved, switched insurance, or added a new family member (child or pet) in the last year? Take into account what changed [...]

Flash Sales: A Fast Track to Debt?

With only a few days left until Christmas, retailers are rolling out deep discounts to attract last-minute shoppers ready to click “BUY.” The so-called “flash sale” discount sites are particularly enticing. A designer bag or new tech tablet is offered in limited quantities, and a timer runs nearby telling you how much time is left. Thinking [...]

Financial Website Find of the Week: Bills.com

Spinning off Tuesday’s post, the question remains: If you do manage to cut your spending on discretionary purchases, how much money does that help you save every year? Bills.com has a nifty Ways to Save Money feature that shows you how much your savings can add up if you sock away the money in an [...]

Broke as a Joke? Behold the Power of Compound Interest

You’ve seen those commercials on TV that proclaim, “For just 50 cents per day, you can change someone’s life.” And while some of those charities are no doubt worthy, what if the life you could change were your own? This is not a gimmick. To see how spare change can add up, I was just [...]

Another Bummer Summer for Job-Seeking Teens

Labor Day marks the unofficial end of summer, and for many teens and young adults, it also means the conclusion of the worst summer for finding seasonal employment in decades. Our affiliate, the Employment Policies Institute (EPI), has released an analysis of new Census Bureau data showing unemployment among people ages 16 to 19 at or [...]

2011 Is the Summer of Discontent for Teen Unemployment

Last weekend, D.C. Mayor Vincent Gray granted an audience to high-school and college students in the Nation’s Capital to discuss the high teen-unemployment rate. At the beginning of the summer, the Bureau of Labor Statistics reported that teen unemployment had skyrocketed, with half the states showing unemployment rates above 25 percent. Even more depressing, the jobless rate [...]

Three Things You Need To Know About…the Trade Deficit

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 [...]

Three Things You Need to Know About…the National Debt

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 [...]

Three Things You Need to Know About…The Price at the Pump

Welcome to the second 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 our second column, we’ve asked an economics expert for his insight on the high prices we’re paying at the gas pump. Got a [...]

What Is Your College Degree Really Worth?

Should colleges disclose to undergraduates the expected future salaries for people with degrees in their field of study? That’s the major question (no pun intended) posed by Georgetown University’s Center on Education and the Workforce, which compared the median lifetime earnings for bachelor’s degrees in a range of disciplines, from engineering and computer science to English [...]

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