Two years ago, a national debate raged regarding strategic default: Was it wrong to walk away from one’s mortgage? Or, when a homeowner is underwater—owing more than the home was worth—is it a purely business situation in …
An Ivy League Education: Money Wasted or Money Well Spent?
You’ve heard the advice ad nauseum: An education is an investment in your future. But as we all should know, some investments pay off better than others.
For Sale: The Homes of Hollywood’s Broken-Hearted
In the wake of Kim Kardashian’s divorce, there are a number of other fresh celebrity breakups that have resulted not only in broken hearts, but also in broken homes.
Warren Buffett Is Buying. Is It Time to Celebrate?
It’s possible to over-analyze Warren Buffett’s investment moves. But that doesn’t seem to stop anyone, and the Oracle of Omaha’s latest disclosures are whipping up a stir over prospects for a robust recovery.
Five Reasons Italy Should Scare You
No, one of them is not Silvio Berlusconi’s “bunga bunga” parties. Silvio himself isn’t among those reasons, either. The prime minister said on Tuesday that he’d resign once he ushered some economic reforms through the legislature. It is true that many inside and outside of Italy had come to see the scandal-ridden gaff-machine as the …
Would You Bank at Walmart?
Americans fed up with big bank fees are closing their accounts and marching over to … Walmart? It’s true; the mega-retailer has been steadily growing its services for the unbanked, such as cashing checks and selling reloadable …
Why So Many Unwisely Turn Down Free 401(k) Advice
Free advice on how to manage your 401(k) is widely available and routinely ignored. Here’s why you should give it a try.
Washington, D.C., America’s Shopping Capital?
TIME Moneyland has discovered why nothing seems to get done in our nation’s capital these days: Everyone’s too busy buying shoes.
On Tour Now: The Balancing Act at the Center of Healthcare Reform
The health reform legislation that President Obama signed in 2010 has been overshadowed by our broad economic problems, and its popularity appears to be hurting even among its supporters. In short, many Americans appear to be …
Bank Transfer Day, The Day After
Opportunity Nation: How Those Below the Poverty Line Can Move Up
For years, many Americans have been stuck below the poverty line, unable to build the kind of assets needed to propel themselves up the economic ladder. This systemic problem brought together authors, government officials and financial experts in New York City last week at an event called Opportunity Nation, hosted at Columbia University.
Nice Guys’ Credit Scores Finish Last
If you’re cranky, selfish, rude or all-around disagreeable, your grouchiness comes with one big silver lining: You’re likely to have better credit than people who are affable, friendly and otherwise pleasant company.
