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money (26)

US Consumers on Pace for $1 TRILLION in Credit Card Debt

A concerning report from WalletHub says that US consumers will add more than $60 billion in credit card debt by the end of this year: 

http://www.foxbusiness.com/features/2017/09/11/americans-headed-towards-1-trillion-in-credit-card-debt-study-says.html

Are you concerned about the rise in credit card debt? How do you think this…

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Ascent of Money

Imagine a world with NO MONEY!!

It is almost time to teach Money chapter during the semester. I would like to remind you a great documentary to share with your class: Ascent of Money.

This is the link for the first hour:  talks about the history of money, bonds, finance, and more...…

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The fall in gas prices is something to certainly be happy about, especially since gas is $3 or lower in some American states.   Car sales have increased with consumers buying SUVs and trucks.  Consumers are enjoying the low gas prices  and are taking advantage of their gas guzzling cars.  It's great that oil prices are dropping, but could this cause an increase in greenhouse gas emissions as more gallons are…

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Kmart opens before breakfast on Thanksgiving

The deals would have to be almost free to make me start my holiday shopping on Thanksgiving, let alone Black Friday.  Big-Box stores put their Christmas and other holiday-affiliated products onto their selves earlier each year to convince consumers that they really need all these products.   Profit is truly the goal of business.   -AL…

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China one of top 3 destinations for expats

Expat, short for expatriate, is a person who lives in one country for a while, even though they were raised in another nation.  Many people are moving to China to take advantage of the low costs of living and to personally make their money go further.  According to this article, 25% of expats make more than $300,000 a year.  Switzerland is…

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Taco Bell Now Lets You Order Food From Your Phone

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Many economists have studied the reasons why people find difficulty obtaining jobs.  This mainly deals with where somebody lives and the location of available jobs.  Some employers discriminate against certain applicants if they come from a "bad area."   Those searching for jobs tend to feel less hopeful when applying for jobs that are far from their residences. …

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Wealth is outpacing income...and that's a scary sign

The below article explains how wealth is surpassing American's average income - which is not a good thing.  This means that Americans are soon going to find certain products more expensive to purchase than they used to be.  -AL

http://money.cnn.com/2014/10/21/news/economy/wealth-income-growth-ratio/index.html?iid=HP_River

More household…

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How To Get A Holiday Job

It's good too know that even seasonal jobs might possibly turn into permanent jobs.  According to this article, when hiring for open positions after the holidays employers tend to look more towards the seasonal employees who already know they're way around the company.  The seasonal hiring will help many families get through the holidays this year. -AL…

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It Pays to be a Dad

http://money.cnn.com/2014/10/13/news/economy/being-a-dad-pays/index.html?iid=SF_E_River

Below is a very insightful article explaining how childless men earn 40% less than men with children.  The partial reasoning for this stems from the fact that some men are more established in their lives by having a stable job and a family to tend to.    The responsibilty of providing for a family is another reason why a man must have a well-paying job. …

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J.C. Penney names new CEO

http://money.cnn.com/2014/10/13/news/companies/jc-penney-new-ceo/index.html?iid=HP_River

JCPenney, a well-known department store, has just gained a new CEO.  The new CEO is Marvin Ellison and he plans to help JCPenney regain and surpass past profits.  This is a positive move, especially for the loyal customers who were outraged in past years when a former CEO at the company tried to raise prices significantly.  …

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