In coming weeks and months, a new comprehensive set of guidelines for what kids should know about money–and when–will land in your school district.
Insurance
Weird Money: 9 Odd Factoids from Recent Consumer Surveys and Studies
Ever wonder which alcohol brands are most popular … among consumers who are too young to buy alcohol? Is daylight savings harmless, or does it cost us hundreds of millions of dollars annually? And most pressing of all, which celebrity do you wish was your insurance agent?
Got Caught Speeding? Your Insurer Might Never Find Out
Flashing red lights in your rear-view mirror are never a good thing, but it turns out getting a traffic ticket might not be as expensive as you think.
Bad Driver? That’s OK — If You’re Rich
In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher premiums, even if their driving is better than that of their rich neighbors.
‘Hurricane Deductible’: Technicality Could Cost (or Save) Homeowners Thousands
Homeowners whose properties were damaged by Hurricane Sandy probably don’t care much about exactly how fast the storm’s winds blew. All they know is that it was strong enough to knock a tree down on the roof. But due to the fine print of insurance policies, the precise speed of the wind could mean a difference of tens of thousands of …
Should the Federal Government Be Subsidizing Flood Insurance?
As Hurricane Sandy continues to batter the Eastern seaboard of the U.S., one thing is for certain: insurance companies will be ponying up for billions of dollars in property damage caused by high winds. Last year’s Hurricane …
6 Ways Adding a Trusted Child to Your Bank Account Backfires
Outliving your child is a gut-wrenching experience. It’s even worse when you’ve put their name on your financial accounts and owe tax on what you “inherit.” Here are 6 reasons to leave your accounts in your own name and get a …
True Story: How Young People Can Lock Up Financial Security in 5 Years
A report from T. Rowe Price argues that the first few years out of school are critical in reaching long-term financial security. Starting saving early is so important that you can virtually lock up retirement security by age 30 if you take these four steps
Proof That Loyalty Is For Suckers: Best Customers Get Penalized With Higher Bills
We appreciate your business. And as thanks for being a loyal customer all these years, we’re going to overcharge you.
What’s Hot in Hot (As in: Stolen) Cars
You may have reason to worry that your car will be ripped off even if it isn’t on the recent “Hot Wheels” report, listing the most stolen vehicles in the U.S.
What Do You Mean We’re Going to Get Old?
Everyone seems to want lifetime-income products as a 401(k) option. But our retirement system is so skewed toward accumulating, not drawing down, assets that the income problem managed to catch us by surprise. Change is coming–but not nearly fast enough.
401(k) Loan Defaults Soar, Stirring Call for Insurance
Billions of dollars are leaking out of 401(k) plans as workers lose their jobs and cannot repay loans from their plans. This has stirred some to call for insurance policies that would restore 401(k) money lost through loans that …