Category Archives: Econ4U

The Economic Problem of Capping Prices

The New York Times had an article Thursday about the Obama administration’s proposal to cap health-insurance rate increases at 10 percent to begin in September. On its face, this may sound like a great plan: Who wouldn’t want to put a cap on prices to keep consumers from paying more? But the trouble with capping [...]

Lessons From National Financial Literacy Month

As National Financial Literacy Month draws to a close, it’s a good time to reflect on the lessons you want to re-commite yourself to for the rest of the year. After all, isn’t spring a good time to reflect on the New Year’s resolutions you may have let slide? Here are a few tips to [...]

It’s Not What You Earn, It’s What You Keep

If you caught our new billboard in New York this week or are just new to Econ4U, we have some great resources to help you make a budget — whether it’s your first or your twenty-first. Here’s a crash course in parsing your paycheck and making the most of what you earn: It won’t take [...]

Top 5 Ways to Lower Your Work Expenses

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. For those of you who are preparing to graduate in the next month or two, with a little luck that means you’re starting your first professional job. And if your entry-level salary [...]

Do Affordable-Housing Calculators Give Good Advice?

In the home-buying process, the first question you must answer is “how much house can I afford?” And in an effort to determine that amount responsibly, you may have googled for a calculator like this one on CNNMoney.com, which will tell you that you can spend between 28% and 36% of your gross income on [...]

Tuesday Top 5: Summer Jobs for Teens Outside the Box

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 year, it’s never too early for teens to be thinking about their summer job opportunities. A new analysis of data from the Bureau of Labor Statistics shows that teen unemployment has skyrocketed in [...]

Tuesday Top 5: Economics Principles and Your Life

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. Even if you’ve never taken Economics 101, you probably innately grasp how a few key principles work. Here are a few of the most common: Supply and demand is the most fundamental [...]

Tuesday Top 5: How to Spend Your Tax Refund

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. In 2010, the average filer’s tax refund was a whopping $3,036, reflecting some new tax credits to stimulate the economy. A fat check like that gives the average family a whole lot [...]

Tuesday Top 5: Give Your Retirement Plan a Makeover

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. From Extreme Makeover: Home Edition to Bridalplasty, American culture has hit a saturation point in our fascination with the makeover. However, focusing some of that reinvention energy toward a more staid subject [...]

Beating the Blue Monday Financial Blues

Blue Monday, officially the most depressing day of the year, is coming up on January 24. How was it calculated? Here’s the official formula, courtesy of the U.K.’s Mental Health Foundation: According to the scientists who developed it, “The model was broken down using six immediately identifiable factors; weather (W), debt (d), time since Christmas [...]