There is a place in these United States where a loaf of bread will cost you 90 cents. Where a gallon of gas will set you back $2.65. Where you can rent a two-bedroom house for $450 a month. So where is this penny-pincher’s paradise?
Lorilee Craker might be the most versatile journalist in America.
Prom season is mostly over, but the financial effects linger like the smell of an old corsage left under a car seat. A recent survey by Visa found that between tickets, limos, dresses, hair, photos, and all the other assorted …
There were times when I wouldn't check receipts or drive back to a store if I was given the wrong change. Not anymore.
A quarter wouldn't be able to come up with $2,000 at all, and another 19% would have to pawn or sell some of their possessions to do so.
I just learned three things: 1) There’s something called America Saves Week. 2) We’re in the middle of America Saves Week (February 20-27, 2011). 3) According to the America Saves Week website (and the U.S. Treasury), Americans collectively have $15 billion in loose change hanging around their homes, cars, nightstands, purses, pants …
“I was born in 1926 and that was a time with all the problems and everything. A lot of the children now and adults don’t realize what we went through. My mother went out and worked. She knit things for the Red Cross and things like that.”
In a survey of people with incomes over $75K, more than half of those polled say that they get more satisfaction from saving money than they do spending it—especially when we’re talking about purchasing jewelry, clothing, and luxury goods.
For a generation of adults accustomed to credit card debt and negative checking account balances, teaching kids about savings is a matter of do as I say, not as I’ve done.
When faced with the choice between enjoying the moment and planning for the future, the squirrel knows what to do. Do you?
Also, more than half of those surveyed plan to save more in 2010 for things like retirement and emergencies, and 58% think fewer people will lose their jobs this year.