April 2, 2013 |
The major financial activity people associate with April is tax day. But April is also the perfect month to push financial literacy. After all, you've had to pull together major information about your finances to do your taxes. So what ya doing for Financial Literacy Month? I get questions all the time from people who want to be better at handling their finances. During a recent speaking event, a worker asked how he could get his wife to show more interest. Take her to a financial class, I recommended.
February 28, 2013 |
"The worst-case scenario for us," a leading anti-budget-cuts lobbyist told The Post , "is the sequester hits and nothing bad really happens. " Think about that. Worst case? That a government drowning in debt should cut back by 2.2 percent — and the country survives. That a government now borrowing 35 cents of every dollar it spends reduces that borrowing by two cents "and nothing bad really happens. " Oh, the humanity! A normal citizen might think this a good thing.
February 7, 2013 |
The Prince George's County Board of Education voted Thursday afternoon to support Gov. Martin O'Malley's plan to change the funding formula that affects how state school aid is distributed, a move that would provide the school system with $2.5 million in its first year of implementation. For years, Prince George's has complained that the calculation based on "net taxable income" unfairly helps wealthier counties where taxpayers file for extensions, making the county appear less affluent and eligible for...
January 27, 2013 |
As she punched numbers into a calculator, Luka Fernandez had a lot to figure out. How much could she afford to pay for a car? Should she buy cable? Where should she live? These are the types of questions facing many adults as they try to manage a household budget. But Luka isn't an adult, she's a 14-year-old pretending to be one as part of a reality-based financial literacy exercise at the Junior Achievement Finance Park in Fairfax County. "I don't know how much my parents spend, but I...
January 5, 2013 |
With all the financial advice gurus on TV and the Internet these days, how do you know whom to believe? Now comes a book urging caution about everyone from best-selling personal finance authors to financial advisers to the sponsors behind financial literacy initiatives. The book is written by Helaine Olen, who writes about money and was a personal finance journalist for the Los Angeles Times. Financial information sold and even given away comes under scrutiny in her book, "Pound Foolish: Exposing the Dark...
August 14, 2012 |
Executives from several of the country's largest technology companies have bankrolled a $10 million investment in District-based EverFi, a start-up that provides online tutorials for students on topics such as financial literacy, alcohol consumption and cyberbullying. Amazon chief executive Jeff Bezos, Google Chairman Eric Schmidt and Twitter co-founder Evan Williams led the funding round, with additional money coming from several of the company's existing investors. The dollar figure is...