October 23, 2009 – 9:15 am
In case you missed them, here are a few of our most popular recent posts. Be sure to check out two of our new recurring themes, the Tuesday Top 5 and Famous Financial Flubs. Why isn’t college LESS expensive during a recession? Tuesday Top 5: How to Write a Will Avoid the Freshman Financial Fifteen [...]
Why is there a kidney shortage? Nobel Prize-winning economist Gary Becker claims it’s because there’s no market for them, since the buying and selling of organs is illegal. Or put differently, when the maximum amount of money you can get in return for a kidney is $0, the demand is always going to be higher than the supply.
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 [...]
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 [...]
Are the kids of 2009 like the kids of 1929? It seems like in some ways they are.
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.
So whether it’s staying home from work, refusing to ride on mass transit, or avoiding retail spaces like restaurants and malls, a flu scare could have a devastating economic impact even if there don’t turn out to be very many deaths from swine flu in America.
When newspaper headlines focus on the mortgage crisis and foreclosure rates, crooks’ ears tend to perk up. And that means more and more people are getting sucked into mortgage scams. Because government foreclosure documents are public record, many homeowners are receiving personalized letters filled with false promises of hope. The people who fall for these [...]
April 23, 2009 – 12:11 pm
For those who have debt, paying off credit card balances, repaying college loans, and trying to figure out the best strategy for the mortgage can seem like a pretty tall order. As we have reminded you here at Econ4U, getting out of debt is completely achievable, so long as you have a plan and educate [...]
You know those “Important Notices” you get in the mail from your bank and credit card companies? The ones filled with 25 pages of indecipherable fine print? Well, it turns out that sometimes there’s actually important information mixed in with all the legalese. At least if you want to avoid paying $119.40 in annual fees. [...]