Wall Street and Washington haven’t been getting along for a while. So perhaps it isn’t a surprise that the stock market seems somewhere between indifferent and gleeful at the prospect of a possible government shutdown. Stocks are up today, even as the likelihood of a government shutdown seems to have climbed from no-way to …
In an earlier Q&A, Ashley Grimaldo, a stay-at-home mom from Texas, told us all about her experiment paying her family’s expenses exclusively using gift cards. The cards, she says, helped her maintain a budget, and since she bought them at online marketplaces for less than face value, they also saved her money. How much? At the end of one …
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“The elephant stays on course, moving toward its goal, regardless of all the barking and noise that swirls around him.”
In a TV show debuting tonight on TLC, seemingly normal people exhibit some pretty strange behavior. They jump into dumpsters, steal parts of newspapers off of neighbors’ porches, and stuff their collections into elaborate storage units and under their kids’ beds. They also save tons of money on obsessively plotted shopping excursions, …
Yesterday in this space, I asked if investors would come to reassess the riskiness of developed economies and usher in a “sea change” in how money is allocated around the world. Could Japan, the most indebted of all industrialized countries, be the trigger to start that dramatic process? Since the devastating earthquake and tsunami …
Among the things the recent recovery may lack – jobs, for one – there is one thing we have in abundance: Inflation worries. And why not? Food prices are rising. Gas prices are rising. And many think the Federal Reserve’s efforts to boost the economy could lead to massive inflation. About six months ago, Sarah Palin and Glenn Beck began …
In a new survey, more than one-third of adults say they are now saving less than last year, and 33% have no emergency savings whatsoever. The numbers get scarier for African Americans and Hispanics: 54% and 47%, respectively, report no rainy-day savings and are “one flat tire away from financial disaster,” says the survey’s spokesperson.
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Continuing in a series of posts gathering financial wisdom from unusual sources—ranging from Dungeons & Dragons and Charlie Sheen to geese flying patterns and Star Wars—here are some more financial lessons found in unlikely places.
I was traveling in China when the 9/11 terrorist attacks happened. My parents live in northern New Jersey, not far from New York City, and knowing my mother would be terribly worried about me, I called her to assure her all was well. “It’s not safe,” she told me anxiously. “You must come home.”
This put me in a bit of an …
Online shoppers are getting smarter—and slower. Two years ago, consumers clicked on an online ad an average of 2.7 times before making a purchase. By early 2011, the average had risen by 15%, to 3.1 clicks. Consumers are also taking more time and are more likely to visit a competing site to check prices before pulling the trigger and …
