While we can’t offer you respite from the heat wave oppressing much of the country, we can bring you good news of upcoming sales tax holidays to ease the burden on your back-to-school shopping budget. (Don’t have a household budget? This is a perfect time to create one and educate your kids about what all [...]
In the first survey of its kind, the Pew Internet Project found that 35 percent of all American adults own a smartphone. (As Mashable.com points out, that means more people have smartphones than college degrees in the United States.) The study found that 59 percent of people in financially well-off households (defined as income above $75,000) [...]
In May, we brought you some of the lessons that having a summer job teaches teens who are working for the first time in their careers. Now that summer is in full swing, the Christian Science Monitor has some more valuable takeaways from that first job: Getting to know tax forms and direct deposit. Having [...]
This week was the first Personal Finance Online Summit, held on Wednesday to give personal-finance experts the opportunity to discuss with the president the major financial issues affecting both the country at large and individual households on a smaller scale. At the end, President Obama shared the tenets he says he personally lives by. Here it [...]
A new survey just published by the National Bureau of Economic Research found that 50 percent of U.S. respondents faced with a hypothetical emergency couldn’t come up with $2,000 within 30 days. That’s not encouraging, America. While funding an emergency account can seem like a low priority compared with paying monthly expenses, having access to [...]
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 have a tablet or a smartphone, it’s easy to spend too much money every month on downloading new, fun apps to entertain you. But what if those apps could actually [...]
This opinion column from the Kansas City Star shows such sensible advice for teens seeking out their first job that we couldn’t say it any better than writer Steve Rosen did: Every year around this time, I think about my first summer job and the money lessons I learned – mostly the hard way. I [...]
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 [...]
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 [...]
Also posted in Econ4U, Education, Financial Illiteracy, Housing, Mortgages, Personal Finance, Saving Money
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Tagged Family Budget, financial advice, financial education, loans, Mortgages, Personal Finance, Saving Money
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Last October, R&B singer Toni Braxton filed for bankruptcy — for the second time in 12 years. The court determined she owed her creditors — among them Tiffany & Co., Neiman Marcus, and the Four Seasons — between $10 million and $50 million in unpaid debts. Now Braxton has a reality television show ready to [...]
