I've never been very good at saving. I'm a spender -- shoes, trips, nights out, you name it. It's a fact that became especially apparent to me when I found myself saddled with $10,000 of credit card debt after graduating from college.
Even though there are a few ways you can try and accelerate the process, it takes time to build credit. Credit cards can be one of the best ways to do so, and if you commit to using them properly, it can be worth the time you spend strategizing.
It's probably safe to say the idea of tipping the flight attendant has never crossed your mind, but apparently a whopping 30 percent of flyers have done it. How do you feel now, cheapskate? We asked national etiquette expert and owner of The Protocol School of Texas, Diane Gottsman, exactly who we should be tipping, and how much.
The Internet is replete with apologias for the rich. They are thinly sourced and even less well-thought. The goal is simple: to justify the unjustifiable chasm between the rich and poor, globally and within our nation. But the irony is that, rather than being better than the rest of us, in many ways the rich are worse.
Lately, I've been giving a lot of thought to my commune -- the one I plan on forming when I'm older and widowed and my kids are launched into lives of their own. Think I'm alone in the commune-planning department? You'd be mistaken.
We recently disagreed with Andrew Biggs and Sylvester Schieber when they said the retirement crisis is not real. They responded with data showing that people over the age of 65 maintain their standard of living not through adequate retirement savings, but work. Here's the rub -- work is not retirement.
Fear of resurgent inflation has been a defining element of U.S. economic policy over the last five years, driving federal spending reductions, personal income tax increases, and, just this month, the end of the Federal Reserve's Quantitative Easing program. But that broad-based inflation has not materialized and we are left asking why?
A reader writes in looking for a clear answer on how often his credit score changes and how often he should check this all important three-digit number. John Ulzheimer, credit expert for Credit Sesame, answers.
Friends don't let friends start companies together... unless they've tested and grown their professional relationship by collaborating first.
America goes to the polls in less than 3 weeks, there's a lot at stake for the majority of voters -- namely women. Unfortunately women also make up another majority -- those working for our pathetic $7.25 an hour minimum wage.
There's no time like the present to start investing your extra money, even if it's as little as $100. But among stocks, bonds, mutual funds, ETFs and more, it can be difficult for young investors to decide how to invest their cash.
Business success is still more about the people than the technology or idea involved. As an angel investor and a mentor to entrepreneurs I still see this every day.
This covers many words used for money, although there are many more used less often. The exact history of "bucks" used for "money" is uncertain, but the leading theory, which seems likely, is that "bucks" came about as a substitute for money in the 1700s, when deerskins were a common medium of exchange for other items of value.
The more breaches consumers go through without experiencing any direct and tangible financial consequences, the less likely they are to care or worry about the next breach, or the next one, or the one after that, to the point that data breaches won't even be news to anyone anymore. And that could result in huge risks all around.
The holiday decorations are not up yet, and the Christmas carols haven't hit the radio yet. That would really be rushing the season. But there's one place where it pays to do your shopping early if you want to save money: Taxes! There are a few steps you can take now before the holiday rush to reduce your tax bill.
First, make sure you have all the information you need to make a good decision. Second, don't make a quick decision about money. Finally, like I said before, make decisions that you would feel comfortable making for your own money.
The inequalities are great and the deep-seated programming is real, even if they are not malevolently based or consciously intentional. It is just a result of conditioning to an old era of beliefs that is beginning to change.
We must start somewhere. Raising our minimum wage to $13.00 an hour in the City of Chicago is that starting place. But $13.00 an hour by 2018 is truly a floor-base-minimum to ensure that our city has a viable workforce for a vibrant economy in the 21st century.