05/13/09 – Econ4U Supports Efforts to Make Credit Card Bills Fairer, More Transparent Legislation Currently Before Congress Would Bring Useful Reforms to Credit Card Industry WASHINGTON D.C.- Econ4U today expressed its support for rules currently being considered by the United States Senate, which would make credit card bills more transparent and protect borrowers from hidden [...]
A credit card can be a convenient way to manage your expenses, or an expensive way to rack up debt and exorbitant fees. If the U.S. Senate passes the credit card reform bill it’s considering this week, that could change. The bill would overhaul a lot of the regulations governing credit card agreements, and has [...]
For workers stuck in a sea of cubicles, being self-employed sounds pretty appealing. After all, who wouldn’t want to work from home and start spending a lot more time in their bathrobe, watching Ricki Lake, drinking mimosas, and devising new ways to spend the buckets of cash delivered daily to their doorstep? The reality, of [...]
Ben Stein has had many careers in his life: movie star, eyedrops spokesman, presidential speechwriter, basketball star*, game-show host, and now economics columnist. In his latest “How Not to Ruin Your Life” article, he writes about what he wishes he had known about personal finance while he was young: I like to spend extravagantly. I am [...]
The Orlando Sentinel has a good story today suggesting that parents should use the current economic downturn as an opportunity to discuss family finances and to teach their children–especially teens–about money management. Particularly for parents who have been laid off, these talks can be essential when teaching young people how to be financially stable in [...]
April 15th has come and gone, but taxes are still very much in the news these days. The passage of a new $3.5 trillion budget (and the projected $1.75 trillion deficit) has a lot of people talking about the taxes we’ll need to pay all of this money back. In that vein, I was checking [...]
Posted in Celebrities, Economy, Featured Posts, Government Policy, IRS, Taxes
|
Tagged Celebrities, debt, IRS, Personal Finance, Taxes, trillions
|
Are the kids of 2009 like the kids of 1929? It seems like in some ways they are.
For a Capitol Hill staffer who has $70,000 in taxable income, and is paying taxes on a $250,000 property, the yearly tax difference could be substantial.
Since we received such a positive response to our “How many times larger is a trillion than a million?” video last week, we decided to round up some interesting statistics to help people visualize just how big one trillion is. For example, if you started with $1 trillion and spent $10 million every day it [...]
You probably have some kind of rewards credit card hanging out in your wallet for racking up frequent-flyer miles, redeemable points, or cash back with every swipe. But if you carry a balance on such a card, the penalties ultimately outweigh the perks. According to Bankrate.com, the average APR for a cash rewards card is [...]
