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It costs HOW MUCH to raise a child?
Posted on October 2, 2013

Have you ever thought about how much money it takes to raise a child from birth to age 18? If you’re a parent you probably have, but you might not have been able to put a dollar figure to your question. Now you can. The United States Department of Agriculture has released some new data [...]


The Average American Automobile is Now Older than Ever
Posted on October 2, 2013

If you’re one of those people who is currently driving an older car, you may be feeling self-conscious as you navigate your way down the road. But if you stop and take a closer look, you may very well find you’re not the only one driving a “mature” automobile – not by a long shot! [...]


Can you find a job? Yes. Can you find a GOOD job? Maybe not.
Posted on October 2, 2013

Is the economy turning around? Is the job market getting better? On the surface the short answer is yes … but when you take a closer look, your own answer will depend upon your viewpoint of the topic. The unemployment rate dropped in July, (source) and July was the 34th consecutive month the job market [...]


Bernanke's legacy will include more communication than his predecessors
Posted on October 2, 2013

It seems like Ben Bernanke believes the old saying, “Knowledge is power.” When his term as leader of the Federal Reserve is up in January 2014, one of the things people will remember most about him is his willingness to disseminate more information to the public than any of his predecessors (source). Want examples? He’s [...]


No Bad News for the Wealthiest One Percent
Posted on October 2, 2013

They say money doesn’t buy happiness, but America’s richest one percent might disagree. That’s because the chasm between the richest one percent of Americans and the rest of the country’s workers has gotten bigger … meaning the rich keep getting richer. In fact, that one percent cross-section took home just shy of 20 percent of [...]


Ideas to Repair the Rising Student Loan Crisis
Posted on October 2, 2013

It’s no secret that a college education isn’t cheap. But unless you are a college student (or the parent of one), you might not realize just how costly one can be. When adjusted for inflation, the price of tuition has more than doubled since 1999, (source) with the end result being shocking amounts of debt[...]


Google Stock Splits
Posted on June 18, 2013

A little more than a year ago, Google announced a stock split. This was done in an effort to be able to sell more shares, but they weren’t able to carry out their plan because of a legal dispute. Now, however, a major obstacle to bringing the split to fruition has been carried out with [...]


Bank of America Under the Microscope for Possible HAMP Violations
Posted on June 15, 2013

Bank of America could soon be in some serious hot water due to claims made by former employees. A statement made by Simone Gordon, a former Bank of America loss-mitigation specialist who departed the bank in 2012, said the bank improperly disqualified some applicants to the Home Affordable Modification Program or HAMP (source). Gordon’s statement[...]


Home Repos Up Sharply in May
Posted on June 14, 2013

Banks are revving up their efforts to take back homes. In May, according to RealtyTrac, completed foreclosures were up 11 percent from the previous month (38,946 in May vs. 34,997 in April). In addition, it was the first time in five months the total had risen. Foreclosure starts also are on the rise, going up[...]


Housing Prices on the Rise Almost Everywhere
Posted on June 12, 2013

The housing market is showing a great deal of growth these days, and there are a number of studies to support this theory. According to FHFA (Federal Housing Finance Agency) pricing data the price of homes across the country rose 6.7% when compared to the same period of time in 2012 (source). These numbers are[...]