Tag Archives: financial crisis

WSJ: Personal Finance Education In Every High School

July 9, 2009 – 9:31 am

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 [...]

Posted in Celebrities, Education, Financial Illiteracy, Government Policy, Personal Finance | Also tagged , , , , | Comments (0)

New Credit Laws Put Even Responsible Payers on the Hook

May 22, 2009 – 3:29 pm

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 [...]

Posted in Credit, Economy, Government Policy, Legislation | Also tagged , , | Comments (3)

Money Columnist Opens Up About Personal Debt

May 15, 2009 – 4:55 pm

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 [...]

Posted in Budgeting, Credit, Economy, Mortgages, Personal Finance | Also tagged , , , , , | Comments (0)

President Obama calls for stronger financial sector regulations

February 26, 2009 – 3:05 pm

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 [...]

Posted in Economy, Government Policy, Personal Finance | Also tagged , | Comments (1)

Graduating in a recession? Econ4U is here to help!

February 25, 2009 – 12:41 pm

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 [...]

Posted in Celebrities, Econ4U, Economy, Education, Financial Illiteracy, Government Policy, Mortgages, Personal Finance, Uncategorized | Also tagged , , | Comments (0)

Staying Afloat in the Economic Storm

January 26, 2009 – 5:26 pm

Making monthly mortgage payments is getting harder and harder for many homeowners.  As the AP recently reported, home foreclosures increased by 81% last year.  Thankfully, Philip Brewer at WiseBread.com suggests six possible options for homeowners who are having trouble making their monthly mortgage payments. One such possibility is renting the house out: If you can [...]

Posted in Mortgages | Also tagged , , , | Comments (1)