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Tag Archives: financial education

Tuesday Top 5: How to Turn Your Car Into a Money Pit

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 246 million cars owned in the United States, so chances are good you have one of them. But next to a house and an education, a car may well be [...]

Could You Be Denied A Bank Account?

If you’ve ever overdrawn your bank account, there’s a decent chance that a company called ChexSystems knows about it. Classified as a consumer credit reporting agency, ChexSystems operates a database that member banks can use to report bounced checks and other activity it classifies as “suspicious.” On the record, ChexSystems is a tool that banks [...]

Could New Banking Rules Spell the End of Free Checking?

The Wall Street Journal took a fascinating look this week at how new banking regulations that were designed to protect consumers may instead lead to more fees: Bank of America Corp. and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that [...]

Tuesday Top 5: Live Well and Still Retire Rich

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’ve ever uncovered “found money” and decided to save most of it, you’re already acquainted with the idea of consumption smoothing. It’s the economic principle that people avoid abrupt swings in [...]

The Economics of Chicken Wings

Kiplinger.com has compiled this fascinating infographic about the evolving economics of chicken wings. For decades, the larger and leaner chicken breast has ruled the roost in the poultry aisle, but 2010 marks the first year that the almighty wing is commanding the highest price due to rising demand. Consider this economics at work. Below, a [...]

This Mother’s Day, Thank Your Mama for Your Money Habits

Mother’s Day is Sunday, and chances are good that your mama has taught you a lot of what you know about money — even if you haven’t always listened to her advice. So when you give your mom flowers this weekend, be sure to thank her in the card for always wanting you to be [...]

Econ4U Explains: Penny Wise But Pound Foolish

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 [...]

Sneaky Fee of the Week: 3-D Movie Ticket Surcharge

You can blame James “King of the World” Cameron if you like, but the recent slate of movies in 3-D — from Avatar and Alice in Wonderland to How to Train Your Dragon and Clash of the Titans — has meant more theaters are installing 3-D projectors. And they’re passing the cost of the new [...]

Test Your Financial Literacy Smarts With Our Quizzes

April is not just tax season, it’s also Financial Literacy Month. So now is the perfect time to test your money knowledge on one of our 10 quizzes. Think you’re an expert on entrepreneurship? How savvy are you on saving? Can you cut it when it comes to credit cards? Or if you’re really up to [...]

Economists Sound Off on Daylight Savings Time

When you’re resetting the time on everything from your wristwatch to your microwave on Sunday morning, you may pause to wonder: Why am I doing this? Daylight saving time (DST) was the brainchild of founding father Benjamin Franklin as a way to conserve lamp oil in the salons of Paris. More recently, the Energy Policy Act [...]