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.Â
Want more visualizations? MightyBargainHunters.com has even more ways to wrap your head around [...]
Credit card companies have never been as understanding as your middle school librarian, you know… the one who offered amnesty on late payments at the end of every school year. But with a record number of credit card defaults in May and new rules making it harder for banks to charge based on risk, the New York Times is reporting on a new trend of credit card companies settling delinquent accounts for substantially less than the amount owed.
New York Times economic columnist Edmund L. Andrews got real with his readers this week and shared an enormous secret: Even personal-finance experts aren’t immune to poor money management.
In an article adapted from his upcoming book, he explains how easy it was for him to get in over his head in debt, starting with buying [...]
A credit card can be a convenient way to manage your expenses, or an expensive way to rack up debt and exorbitant fees. If the U.S. Senate passes the credit card reform bill it’s considering this week, that could change. The bill would overhaul a lot of the regulations governing credit card agreements, and has [...]
April 15th has come and gone, but taxes are still very much in the news these days. The passage of a new $3.5 trillion budget (and the projected $1.75 trillion deficit) has a lot of people talking about the taxes we’ll need to pay all of this money back. In that vein, I was checking [...]
April 23, 2009 – 12:11 pm
For those who have debt, paying off credit card balances, repaying college loans, and trying to figure out the best strategy for the mortgage can seem like a pretty tall order. As we have reminded you here at Econ4U, getting out of debt is completely achievable, so long as you have a plan and educate [...]
April 10, 2009 – 11:04 am
A new study from Princeton University suggests that feeling financially stable is as important a factor for happiness among women as having a high income.
Tayla Miron-Shatz, a researcher at Princeton’s Center for Health and Well-Being, surveyed nearly 1,000 women of various ages and incomes about relationships, work, finances, and overall well-being. Participants were also asked [...]
February 24, 2009 – 5:45 pm
Ask Dave Ramsey. Dave’s nationally syndicated radio show helps Americans who are interested in getting out of debt. Yesterday he discussed Econ4U’s survey which showed that 35% of Americans admit that they don’t have a plan to get out of credit card debt by the end of 2009.
February 23, 2009 – 6:21 pm
In light of last night’s Oscar ceremony I thought I’d highlight one of the Best Actor nominees, Mickey Rourke. Rourke has been a star in Hollywood for years, of course, but during the 80’s his career began to fade until Rourke’s triumphant return to fame with this year’s critically acclaimed film, The Wrestler.
As Rourke’s problems [...]
