With average SAT scores down and evidence of widespread cheating in the classroom, it seems obvious that our educational …
personal finance
Terrible Financial Advice: Top 10 Tips You Shouldn’t Follow
It seems like everyone from bloggers to your next-door neighbor doles out financial advice these days. It can be difficult figuring out who to believe, and bad tips can pop up as frequently as thunderstorms in the summertime. In …
The New Suze Orman? Rapper Slim Thug Writes a Personal Finance Book
Living within your means isn’t usually part of the bling-Bentley-and-Cristal lifestyle glamorized by rappers. But Houston rapper Slim Thug’s new personal finance book is loaded with tips on how to be smarter with your money. For …
Why Planets Collide When We Talk About Money
When it comes to money, men really are from Mars and women from Venus, according to an expert panel at the Council for Economic Education. The one thing they have in common: Neither is particularly astute when it comes to managing their finances.
Financial Literacy: U.S. Trails … Brazil and Mexico?
A new survey from Visa ranks 28 nations by their commitment to financial education. The U.S. finishes fourth. But everyone fails.
More Americans ‘Flunk’ Themselves in Personal Finance
Financial advisers have a saying: When the stock market is going up, everyone looks like a genius. These days, folks aren’t feeling so smart—and not just about their investments, but about many aspects of their personal finances.
A Step Backwards in Spreading Financial Literacy
A new report shows the that financial education movement is losing momentum. Fewer states are requiring coursework. In some, they’ve stopped teaching economics at a time when economics is on the front page almost daily.
What’d Happen If Jay-Z and Warren Buffett Were in a Cartoon Together?
And they teamed up to teach kids lessons about making money? This may sound like the makings of a hazy conversation in some dorm room during the wee hours of the night. But this is actually happening. Come to think of it, the …
Do New Credit Card Rules Discriminate Against Stay-at-Home Moms?
It will be cash (Photo: Sarah Conard/REUTERS)
Stay-at-home moms may soon have a harder time saying, “Charge it.” That’s the claim from banks, retailers and critics of new regulations that were supposed to stop the most abusive practices of credit card companies.
The credit regulations, which were passed last year as part of the CARD …
The Nation’s Most Fiscally Responsible Citizens Hail From … New Jersey?
My home state, much derided as a haven of McMansions, malls, and obnoxious, tanning-booth-crazed reality TV stars, and a place regularly accused by its own residents of having one of the country’s most fiscally irresponsible governments in the land, actually boasts the country’s most financially capable and responsible people. Who says …
America, Home of the Financial Ignoramus
This just in: A startlingly large number of Americans—perhaps you’re one of them—are basically financially illiterate, without a clue when it comes to concepts like inflation and interest rates. At the same time, financial options have grown, and grown more complicated, with gotcha mortgages and credit card agreements overloaded with …
New High School Class Schedule: Algebra, Bio, Phys. Ed., English, 401(k)
More states are requiring high school students to take personal finance classes in order to graduate—which seems like a pretty good idea, considering that based on what’s happened lately in the world of real estate and consumer debt, kids aren’t likely to be absorbing good financial lessons at home.