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Tag Archives: financial crisis

Tuesday Top 5: Factors That May Affect Your Job Search

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 a down economy and with so many people looking for work, job seekers should take every precaution to avoid giving employers a reason not to hire them. Make sure your application [...]

Tuesday Top 5: Staying Afloat While Jobless

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. If you’re unemployed at the moment, we don’t have to tell you that the situation out there is pretty grim. But you’re not alone: The Senate passed a bill last week extending [...]

Homeowners Gamble by Not Paying Their Mortgages

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 [...]

Tuesday Top 5: How an Emergency Fund Protects You

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. There are hundreds of reasons that smart people put off creating an emergency fund: confidence that a job is secure, being in good health, maybe just feeling lucky. But can you guarantee [...]

The Real Cost of Pet Ownership

Last fall, 80 percent of pet shelters reported taking in animals whose owners said they could no longer afford them because of the recession. Bringing a pet into your home can be a wonderful thing, but it deserves financial consideration in advance. Pennywise people ought to consider the additional expenses that Fido or Fluffy will [...]

WSJ: Personal Finance Education In Every High School

Wall Street Journal columnist James Stewart has a great piece this week, about how fleeting good fortune can be, and how important it is to manage your money responsibly. I really recommend reading the whole thing, but here’s a few highlights (emphasis added): Our culture often glorifies financial success, but it is an illusion to [...]

New Credit Laws Put Even Responsible Payers on the Hook

Credit card companies are revealing some unintended consequences of the new credit reform bill that was signed into law today. As we’ve mentioned before, some parts of the bill — like requiring larger print on credit agreements — give consumers a fair shake. But it also means banks may start charging interest on accounts that [...]

Money Columnist Opens Up About Personal Debt

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 [...]

President Obama calls for stronger financial sector regulations

In his State of the Union address on Tuesday, and at a separate announcement unveiling a federal budget proposal on Wednesday, President Obama acknowledged that government aid to banks for a financial crisis that “was not inevitable” remains very unpopular. He also recognized that the availability of credit is essential to retain jobs in the [...]

Graduating in a recession? Econ4U is here to help!

If you are graduating from college in 2009, you’re entering one of the tightest job markets in decades. There’s no question that finding work is tough right now, but there’s no need to panic. Some planning and preparation now can go a long way toward smoothing your transition from school to employment. Career-advice blogger Lindsey [...]