In our popular Celebrity Financial Mistakes feature, we pointed out Burt Reynolds’s inglorious fiscal past, declaring bankruptcy once before: After a red-hot career in the 1970s, Burt Reynolds bought himself a helicopter, multiple vacation homes, and a sprawling Florida ranch, but his divorce from actress Loni Anderson left him broke (though he got to keep the [...]
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. First, we should start by mentioning that yes, you can buy a house with less than 20 percent down. The question is, Is it financially wise? There are some substantial benefits to [...]
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. At the beginning of the summer, we brought you our tips on finding your first apartment. Now it’s time to make your space your own. Read on for our advice for doing [...]
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 [...]
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. Maybe you’ve just graduated and need to find a new place to live, or perhaps it’s time to say adios to your roommates and get a place of your own. Moving can [...]
If you caught our new billboard in New York this week or are just new to Econ4U, we have some great resources to help you make a budget — whether it’s your first or your twenty-first. Here’s a crash course in parsing your paycheck and making the most of what you earn: It won’t take [...]
In the home-buying process, the first question you must answer is “how much house can I afford?” And in an effort to determine that amount responsibly, you may have googled for a calculator like this one on CNNMoney.com, which will tell you that you can spend between 28% and 36% of your gross income on [...]
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. When you get the news that you have a baby on the way, you’re suddenly facing a deadline to revise your financial plan to include the newest member of your family. Miss [...]
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. You’re probably not thinking about tax season right now, but fall is a great time to revisit your tax planning strategies. Here are a few tips to make the most of your [...]
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 [...]
