Common Craigslist Scams

Craigslist Scams

Once upon a time, everyone had to buy multiple newspapers and check endless listings of classified ads if they were looking for a job, car, home or apartment. With the advent of the internet, anyone in any part of the world can now visit Craigslist, an online classifieds site sorted by city, to buy and [...]

How Much Should I Save Each Month?

Emergency Savings

No matter what stage of life you’re at, saving money and maintaining a strong personal balance sheet is imperative to financial security. It’s one of the primary reasons behind giving allowances to kids: not just to teach the relationship between work and money, but also to introduce the idea of long term planning in regards [...]

Credit Unions vs. Banks

Banking

During the 2008 financial crisis, many people began losing their faith in the American banking system. With a storm approaching and systemic risk seeming inevitable (in which banks are so heavily interconnected that the failure of one would lead to a failure of them all), countless banks were forced to fess up to the risky [...]

50 Famous and Inspirational Money Quotes

Warren Buffett

We’re all familiar with common money quotes and expressions, such as Benjamin Franklin’s “A penny saved is a penny earned”, but dozens of other historical figures, Presidents, philosophers, celebrities, investors, and authors have made significant contributions to the way we think about life, business, and our finances. With a new year fast approaching, some of [...]

Why You Should Always Carry Cash With You

Cash In Wallet

When I was 14 years old, I was travelling through the Middle East. On one weekend, my older cousin suggested we fly to a nearby island in the Mediterranean. Upon arrival, I paid for my single-entry visa to Cyprus. At the end of the weekend, instead of flying back, we decided to take a boat [...]

Back To School Shopping Can Teach Your Children The Value of Money

Back-to-School Spending

Though some students never want summer to end because they “hate school”, back-to-school shopping always seems to be an exciting time for children. Let’s face it – who doesn’t like getting new things, even if its pens/pencils, notebooks, crayons, school uniforms, and graphing calculators? Last year, parents spent more than $22 billion on students attending [...]

Millionaires By The Numbers – Up Close and Personal

Number of Millionaire Households

After the recession dragged down the stock market and real estate prices, millionaires felt the pinch as their net worth plummeted; however, just a few years later, membership in the millionaires club is increasing. Here’s some insight into their thoughts, backgrounds, and lives, provided by Fidelity Investments, Spectrem Group, BCG, and the U.S. Census Bureau. [...]