September 18, 2009 – 3:43 pm
The stock market has had a couple of good weeks in a row but unless you’re invested in it, the recovery isn’t doing you much good. If you haven’t a clue about where to start in the stock market, Morningstar.com’s Investing Classroom offers a bunch of free online tutorials to teach you the basics about [...]
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 [...]
With banks and credit card companies collecting more money than ever from customers, the Center for Economic and Entrepreneurial Literacy reminds consumers that “economic illiteracy is at the heart of our current economic crisis.”
A CEEL survey conducted in December of 2008 found that a majority of those surveyed were unable to answer simple questions [...]
Pro athletes often seem uniquely poised for epic declarations of bankruptcy, but baseball legend Lenny Dykstra is giving other sports figures a run for their money (so to speak).
Former Mets and Phillies slugger Dykstra filed for bankruptcy last week with reported assets totaling $50,000, despite claiming in April that he was worth $60 million.
According to the [...]
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 think [...]
Everyone knows that people in the banking, real-estate, and retail industries are likely to be looking for work these days. But the newest profession to fall victim to the recession? Child care.
A columnist for the San Francisco Chronicle is balking at the high cost of finding a competent babysitter so she can enjoy a night out [...]
Michael Jackson’s will was filed today in the Los Angeles Superior Court, and the settlement of his estate is sure to generate plenty of media coverage. His fortune and his debts both total roughly $500 million, according to the New York Times, so there’s a lot of money at stake.
While most of us will never [...]
We’ve covered before how new credit laws mean tighter restrictions regarding who qualifies for a credit card, and how people with sterling credit scores could face higher fees under the new regulations. As it turns out, there’s another wrinkle in the law books that gives young people a truly bum deal.
Under the new law, if [...]
Slate’s Caitlin McDevitt has a great feature about board games that teach kids unfortunate financial lessons.
Monopoly has taught us that financial institutions are invincible. The game’s banker cannot go bankrupt, according to the rules: “The Bank never ‘goes broke.’ If the Bank runs out of money, the Banker may issue as much as needed by [...]
The housing crisis just keeps going and going, and no one, not even celebrities or politicians, is immune:
Nice house you got there, hate to see something bad happen to it: Victoria Gotti’s Westbury, NY mansion may soon be repossessed by her bank. Why? She apparently hasn’t been paying the $25,000 monthly mortgage, and still [...]
