By DASCHELL M. PHILLIPS
The Hyde Park Chamber of Commerce, Museum of Science and Industry and the Blackstone Branch Chicago Public Library will host events in partnership with the Federal Reserve Bank of Chicago during the 14th annual Chicago Money Smart Week.
During Chicago Money Smart Week, which will take place from April 18 to April 25, the Federal Reserve Bank of Chicago will offer about 500 free financial education classes and seminars across the city for consumers. The educational events will cover a wide variety of money management topics including saving money and building wealth, using credit wisely and financial education for children.
Spend less than you earn is the most basic rule for building wealth. But many of us spend more than we should to enjoy certain luxuries and conveniences. Once you get used to this lifestyle, its easy to get attached.
Picture: H. Michael Karshis/Flickr
There are plenty of people genuinely living hand to mouth, barely able to afford housing. But many of us feel like were broke when we actually spend quite a bit on wants. These small luxuries add up and narrow the gap between our spending and our income, making it difficult to save money.
But aside from saving, theres another drawback to living above your means: a lack of flexibility. You get attached to a certain...
Korean Veterans from five counties are getting help from a Buffalo County committee so they can fly to the nations capital to see the monument built for them later this month.
Groups and individuals are raising money for 25 veterans from Custer, Phelps, Furnas, Sarpy and Adams counties for their trip, which is not affiliated with the Buffalo County Hero Flight. But, Buffalo County committee members are in charge of the money and planning the regional flight because of their past experience.
Those with the committee say its been a difficult process and theyve had to change procedures for this particular flight, but say overall, its worth it.
With Alaska facing a multi-billion-dollar revenue shortfall, lawmakers are reexamining certain subsidies to see if they should remain on the books. The film tax credit program, which was vulnerable even in times of plenty, has gotten special attention.
The state Senate voted to dismantle the program, even as other tax credits are being considered.
If the debate over repeal of the film tax credit happened on Alaska reality television, it might play out a little like this.
On one side, you have the Republican majority, who thinks killing the subsidy program is a no-brainer.
Theres a legend out there that says if you want to be a successful investor in the energy space, you need to know where oil prices are headed and make investments based on those price swings. Nothing could be further from the truth. Yes, oil and gas prices will probably have a pretty significant impact on share prices, but that doesnt mean investors need to bet all their chips on the undulating waves in the commodity market.
Instead, lets examine some of the things you should look for when building a portfolio of oil stocks that will help guide you in your investment-making decisions, as well as look at a few companies that fit the bill
Finding those economic moats that no one wishes...
There is one valuable that even highly paid US expatriates struggle to carry with them when they move overseas: their credit score.
People accustomed to high credit limits and premium financial products in the US can be in for a rude surprise when they try to set up house abroad. Some say they have been stunned to find themselves unable to secure the most basic credit required for housing, cars and credit cards.
When expats arrive in foreign countries, most expect to open a local bank account to help them get settled. But most countries’ banking systems won’t consider the numeric credit scores that banks in the US use to evaluate creditworthiness. Most have their...
EDITOR’S NOTE:Â Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.Â This series is geared to lenders, developers, investors and transactional attorneys.
Sir Thomas More, the obstinate attorney who â literally â lost his head over religion, is often misquoted as suggesting the profession of lawyers is âto disguise matters.â Though hardly descriptive of the overall Bar, we confess that finance attorneys occasionally dress commercial loans in government bond clothing.Â This article sketchily addresses the reasons why a loan might masquerade as a government bond something we will...
With Tax Day looming this week, you might be one of many Americans scrambling for some last-minute financial advice.
So we consulted some (adorable) experts for their best tips on all things personal finance — from their strategies around spending vs. saving, their best negotiating tactics, and how much money they think you need to retire comfortably. Watch the video below for their super cute Kidvice on questions like:
- Whats a good investment? A doggie!
- Best negotiating tactic: Please, please, please, with sugar on top?
- Why we pay taxes: If you dont give it to the government, you get put in jail.