[youtube]http://www.youtube.com/watch?v=PTUY16CkS-k[/youtube] You may have heard the words “quantitative easing” or “QE II” thrown around on the news (and even here at Econ4U). But if you don’t fully understand the economic ramifications of this concept — involving the Federal Reserve’s plans to print an additional $600 billion to buy government bonds back from banks and other [...]
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 [...]
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 [...]
In this day of high fashion, it seems almost quaint to speak of an inexpensive pair of faded Levi’s jeans. Indeed, for proof that jeans have moved far beyond their role as the outfit of the working man, check out this Wall Street Journal article on “The Rise of Power Jeans.” As designer denim became [...]
On Tuesday, I blogged about one group’s state-by-state national scorecard of financial health (released this week), and it got me thinking: Why do more people not just move to where the jobs are? It seems like a no-brainer if you live in an economically depressed area to simply go somewhere with better opportunities. Of course, there [...]
There are increasing reports that some couples are putting off marriage and having kids until the economy improves. Though strained finances and a bad economy can break some families apart, 4 percent of people surveyed say despite being unhappily married, they are holding off on divorce because of the economy. The survey–conducted by FindLaw.com–also found [...]
While many of our 401K’s are starting to rebound this month, the recession is still alive and kicking. And many people are taking advantage of this downturn to offer niche products or services you might not otherwise consider.
The U.S. Bureau of Labor Statistics reports that the unemployment rate rose from 8.1 to 8.5 percent in March of 2009. Since the current recession officially started in December of 2007 just over five million people have lost their jobs, two-thirds of them in the last five months. All of us are affected by this, [...]
