January 26, 2010 – 6:04 pm
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.
This week, New York Times columnist Thomas Friedman wrote about what the country really needs instead of yet another economic stimulus package:
What the country needs most now is not more government stimulus, but more [...]
August 25, 2009 – 12:18 pm
Carla’s post from last week about a guy whose girlfriend drove him into debt got me thinking: To what degree should financial habits drive who you date?
A few recent studies shed some light on the subject. While most people end up marrying those who are overall similar in personality, “opposites attract” seems to be 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 [...]
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 [...]
Today, The Wall Street Journal has a post about a boarding school in Massachusetts that is attempting to increase financial literacy among students by setting up a classroom as a mock stock market trading floor.
The story notes the need for financial literacy among students — especially in the current economic crisis — and refers to [...]
This week Congress approved President Obama’s $3.5 TRILLION budget. So we wanted to know how many Americans grasp just how big a trillion really is.
You may have seen us on the Today Show this morning, braving some chilly weather to promote Financial Literacy Month. We gave Matt Lauer an Econ4U t-shirt, which we fully expect him to wear on the air tomorrow.
On the heels of President Obama’s speech about the economy, Federal Reserve Chairman Ben Bernake is calling for heightened financial education. Specifically, Bernake addresses racial income gaps and stresses the importance of personal finance literacy and budgeting:
Bernanke also addressed the inequities in wealth between whites and minorities.
“Part of it has to do I think with [...]
February 12, 2009 – 1:31 pm
The Associated Press has picked up on our financial literacy survey–a story that ran in numerous papers nationwide. Our personal finance education survey found that a majority of adult respondents did not possess elementary math skills. As our survey shows, many consumers don’t understand how to perform some of the most simple calculations that factor [...]
January 30, 2009 – 2:30 pm
More school systems around the country are beginning to recognize the value of a financial education and the need for financial responsibility.
Birmingham, AL will start a financial literacy program covering budgeting, saving, credit, taxes, and home ownership. Missouri is finally implementing a statewide law enacted two years ago requiring students to complete a personal finance [...]
