Each year, Forbes magazine puts out the Fictional 15, a clever list of the richest people who don’t really exist except in the imagination of writers and television show producers. This year, vampire patriarch Carlisle Cullen from the Twilight book series tops the list with an estimated net worth of $34.5 billion. It helps that he’s [...]
March 26, 2010 – 12:34 pm
Housing lottery winners have been announced in the past week from New Orleans to New York, meaning a small number of lucky people are snagging sweet apartments at below-market rates. What’s a housing lottery? In major cities that have large income disparities and limited desirable neighborhoods, the government has set aside a small number of affordable [...]
February 2, 2010 – 4:27 pm
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. In the wake of the earthquake in Haiti, it seems more important than ever to prepare yourself and your family for the possibility of an unforeseen natural disaster like a hurricane, blizzard, [...]
December 14, 2009 – 12:40 pm
The New York Post recently profiled the 175-square foot “micro-studio” apartment of the Prokop family, located in the Morningside Heights neighborhood of New York City. It has the distinction of being the smallest apartment in New York, at a size that’s smaller than many people’s guest bedrooms. At 14.9 feet long and 10 feet wide, [...]
December 11, 2009 – 5:55 pm
If you’ve been judiciously saving up for your first home but didn’t make it in time for the $8,000 tax credit deadline on November 30, here’s an early Christmas present for you: The incentive has been extended through April 30, 2010. The terms of the tax credit have been expanded to include current homeowners who [...]
November 10, 2009 – 1:48 pm
Greetings and welcome to this week’s edition of our Tuesday Top 5, our weekly tips post to help you manage your money in five easy steps. The deadline for that juicy $8,000 new homebuyer’s credit is rapidly approaching, but how do you know if you’re ready to own a home? Ask yourself the following five questions [...]
October 15, 2009 – 1:35 pm
This week in famous financial flubs, 19-year-old rapper Soulja Boy has been accused of being the tenant from hell. A letter from his landlord stated: We have received complaints of noise disturbances and guests wandering the hallway and Observation Deck. This is a direct violation of your Lease Agreement…Additionally, we were notified that you had [...]