March 26, 2010 – 12:34 pm
Housing lottery winners have been announced in the past week from New Orleans to New York, meaning a small number of lucky people are snagging sweet apartments at below-market rates. What’s a housing lottery? In major cities that have large income disparities and limited desirable neighborhoods, the government has set aside a small number of affordable [...]
March 23, 2010 – 10:48 am
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. Whether you’re a small-business owner who works out of the house or a salaried employee who wants to enjoy a corporate perk, working from home is becoming de rigeur for more workers [...]
March Madness is well underway (sorry for the reminder, Georgetown fans), and with college acceptance letters just weeks away from flooding the inboxes of high-school seniors across the country, now is a good time to ask: How much money do graduates from those universities make, anyway? Salary research organization PayScale surveyed alumni of the top [...]
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. Last week, Anne posted some shocking survey results regarding the state of American workers’ retirement accounts. But even if you’ve been diligently saving for decades, you could still benefit from a few [...]
British celebrity chef Gordon Ramsay, well known for his reality show Hell’s Kitchen, is raising a little hell when it comes to his taxes. Despite success across the pond (he ranks third in Michelin stars) his U.S. company, Gordon Ramsay New York, was forced to hand over his signature New York restaurant last year to [...]
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 [...]
Are you one of the millions of Americans plagued with credit card debt? At the end of 2008, Americans’ credit card balances totaled upwards of $970 billion, with an average debt per household of $8,329. Fox Business profiled seven individuals who learned from their own credit disasters and transformed their plastic practices. You can learn a [...]
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. Amazon.com may be the best thing that ever happened to those of us who don’t want to be seen perusing the self-help section of the local bookstore. If you’re in need of [...]
Do you save money from your paycheck every month? Do you have a 401(k)? Are you even thinking about saving for retirement? CNN Money reported some extremely disturbing findings from a new study this morning. “The percentage of American workers with virtually no retirement savings grew for the third straight year.” Let’s take a look [...]
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 [...]