Last summer, we touched on whether refusing to pay your debt at some point becomes a moral issue. In this week’s New York Times, the topic proves timely still. The article follows the Pemberton family in St. Petersburg, Fla., who have stopped paying their mortgage so they can put their money to more fun use, such as trips [...]
Mother’s Day is Sunday, and chances are good that your mama has taught you a lot of what you know about money — even if you haven’t always listened to her advice. So when you give your mom flowers this weekend, be sure to thank her in the card for always wanting you to be [...]
On the final day of Financial Literacy Month, now would be a good time to explain the proverb “penny wise but pound foolish.” So many other personal-finance blogs focus on ways to save money on things like gas, energy bills, and the ubiquitous $4 latte. But if you’re saddled with a huge car payment, struggling [...]
Also posted in Budgeting, Education, Featured Posts, Housing, Personal Finance
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Tagged Budgeting, credit cards, financial education, loans, Mortgages, Personal Finance, savings accounts, tips
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October 15, 2009 – 4:56 pm
The Nation’s Report Card, released yesterday by the National Assessment of Educational Programs (NAEP), found that fewer than 4 out of 10 U.S. fourth and eighth graders are proficient in mathematics. The report, which is highly regarded by most lawmakers and educators and widely used to measure state and national education levels, found that mathematics [...]
October 7, 2009 – 9:02 am
There is a host of new financial products to teach youths about managing their money before they’re even old enough to open their own credit lines. More banks are offering text alerts for your credit or debit card if your child is an authorized user. And now there are more options for giving kids autonomy [...]
September 28, 2009 – 5:04 pm
Pamela Anderson has been famous for her, well, physical assets for decades, but it turns out she isn’t as well endowed in the financial department. According to People magazine, Los Angeles County records show she owes more than $1.1 million to creditors: According to the documents, five different construction companies have filed liens against her [...]
September 4, 2009 – 3:47 pm
As a favorite math teacher of mine in high school once told my statistics class, “The lottery is a tax on people who are bad at math.” But winning the lottery is also a curse on people who are bad at personal finance. Callie Rogers was 16 when she won a jackpot of £1.9 million [...]
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 [...]
Kiplinger’s put together this list of 20 ways young people waste their money (although many of these bad habits are often held by folks old enough to know better). Some of the tips are obvious: Don’t buy a new car or brand-name groceries, turn off your lights when you leave the room, cancel your cable [...]
Also posted in Budgeting, Credit, Education, Personal Finance, Saving Money, Students
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Tagged Family Budget, financial advice, Personal Finance, Saving Money, Taxes, tips
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Along with the increasing number of high school and college classrooms that are incorporating personal finance into their curriculum, many community groups are also finding ways to offer lessons in economic education. In Missouri, the Boys and Girls Club of West Central Missouri puts financial lessons into practice with its “club bucks” program. The members [...]
