When Financial Protection May Cause Harm

I had to reread the first couple of paragraphs of the story to make sure I had read them correctly.  Sure enough, the Wall Street Journal article said that a surprisingly high 75 percent of people have opted in for overdraft protection coverage from their bank or credit union. In effect, such people have chosen […]

Continue Reading

Requiring Kids To Earn Their Allowance

When it comes to allowances, there are those who say you should just give kids some money since they’re part of the family. Others say they should earn it. Dave Briggs is in the earn it camp. “I do not believe just giving kids money prepares them for the real world,” he explained. “When you […]

Continue Reading
Regret

Financial Regrets: Who Hasn’t Had a Few?

The personal finance blog Watson Inc asked a great question recently: what do you wish you had done differently financially? The author named four of his own financial regrets: financing a car, taking out too much in student loans, not getting started with investing earlier, and not delaying grad school until he could better afford […]

Continue Reading

The Scared-to-Invest Generation

The recession has left workers in their 20s and 30s wary of the stock market.  According to the Employee Benefit Research Institute, the percentage of workers between 25 and 35 who say they have saved for their retirement has fallen by over 20 percent in the last decade.  A Newsweek article about the research noted […]

Continue Reading

Million Dollar Questions for Couples

Are you engaged or married? See if you can both answer these three questions: If the chance of getting a disease is 10 percent, how many people out of 1,000 would be expected to get the disease? If five people all have the winning numbers in the lottery and the prize is $2 million, how […]

Continue Reading

Google Hangs Up On GOOG-411

As of today, Google’s free telephone directory assistance service, GOOG-411, is no more.  Launched in 2007, the voice-recognition service allowed for free directory assistance calls for business listings by calling 1-800-GOOG-411.  Just say the name of the business you’re looking for, and the city and state where it’s located, and the service would connect you […]

Continue Reading
http://edge.quantserve.com/quant.js