August 26, 2011 – 9:33 am
In our popular Celebrity Financial Mistakes feature, we pointed out Burt Reynolds’s inglorious fiscal past, declaring bankruptcy once before: After a red-hot career in the 1970s, Burt Reynolds bought himself a helicopter, multiple vacation homes, and a sprawling Florida ranch, but his divorce from actress Loni Anderson left him broke (though he got to keep the [...]
If you’ve followed the conventional wisdom of making a budget to live within your means, you may think you can just kick back and reap the benefits, right? Not exactly. There are a number of life changes that will require you to tweak or even completely redo your budget. Here are a few of the [...]
R. Kelly is in trouble again, although at least this time it’s not a big-time felony mess. The Associated Press reports that he hasn’t made a mortgage payment on his Chicago mansion since June 2010, leading JP Morgan Chase to initiate foreclosure proceedings against the R&B singer: Crain’s reports the Olympia Field home’s appraised value fell [...]
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 [...]
October 19, 2010 – 3:57 pm
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. When you’re a little short and need to come up with some cash within 24 hours, what are your options? We look at the five most common scenarios and analyze which ones [...]
August 24, 2010 – 11:30 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. In a down economy and with so many people looking for work, job seekers should take every precaution to avoid giving employers a reason not to hire them. Make sure your application [...]
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’re unemployed at the moment, we don’t have to tell you that the situation out there is pretty grim. But you’re not alone: The Senate passed a bill last week extending [...]
Last summer, we touched on whether refusing to pay your debt at some point becomes a moral issue. In this week’s New York Times, the topic proves timely still. The article follows the Pemberton family in St. Petersburg, Fla., who have stopped paying their mortgage so they can put their money to more fun use, such as trips [...]
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. There are hundreds of reasons that smart people put off creating an emergency fund: confidence that a job is secure, being in good health, maybe just feeling lucky. But can you guarantee [...]
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 [...]
