Spending at Restaurants Tops Grocery Stores for First Time - DailyFinance

NPD also notes that even though we are spending more of our food budget on restaurants, four out of five meals come from food bought for the home. There is one important asterisk about the trend, as Bloomberg notes. The government figures on grocery ...

Thursday, April 16, 2015

How teens are spending money, what they like, and where they shop - Business Insider

Teens are spending most of their money on food. Starbucks remains the perennial favorite among all teens for food-and-drink spending. Food accounts for 23% of teen spending, followed by clothing (20%), accessories (10%), video games (8%), cars (8%), ...

Wednesday, April 15, 2015

Why millennials are avoiding the stock market - CNBC

Most financial experts agree that the best time to start investing in stocks is when you're young and have time to wait out the downturns and take full advantage of compounding. But it's not easy to know where to start. That might explain why just 26 ...

Tuesday, April 14, 2015

Got spare change? This new app will invest it into Bitcoin for you - Fortune

In addition to this personal finance niche, tech entrepreneurs have, in the last few years, pushed a related category of tools for investing and managing personal wealth. Wealthfront and Betterment, for example, automate customers' investment decisions ...

Monday, April 13, 2015

For Millennials goal is financial freedom - USA TODAY

"The old brick and mortar office with the guy in the suit, Millennials are not interested in that,'' he says, adding that if his introduction to a prospective clients starts with the title personal finance planner, "Their eyes glaze over. They already ...

Saturday, April 11, 2015

Successful Investing for the Long Haul - New York Times

Even if index investing became the norm, many people would still need advice on, say, budgeting and goal setting, allocating their holdings among different asset classes, choosing funds and handling specific financial challenges. Such services ...

Wednesday, April 08, 2015

Students practice budgeting - Lima Ohio

Megan Kennedy | The Lima NewsHome-schooled student Faith Schmersal learns about budgeting the monthly costs of communication devices at Ottawa-Glandorf High School on Tuesday. Schmersal works with a Putnam County extension of OSU volunteer.

Tuesday, April 07, 2015

Americans' View on the Economy Hits 8-Year High - NBCNews.com

Americans' views on the state of the economy reached new heights in the latest CNBC All-America Economic survey with a record 27 percent judging the economy as excellent or good, the highest level in eight years. A year ago, just 16 percent of the ...

Tuesday, April 07, 2015

What It Says About the Economy that People Are Saving their Tax Refunds - TIME

Now her finances are stable enough for her to save her refund. Retailers looking forward to tax refund season hope Americans with extra cash might be quick to throw open wallets and splurge. But surveys show a higher percentage of adults will be making ...

Tuesday, April 07, 2015

Kansas wants to ban welfare recipients from buying... - CNNMoney

But state lawmakers say there should be limitations on where welfare recipients can spend the money and what they can buy. "We're trying to make sure those benefits are used the way they were intended," state Senator Michael O'Donnell told the Topeka ...

Tuesday, April 07, 2015

Kids and Money: The Search for What Really Works - TIME

Those who oppose integrating financial education into our nation's classrooms have long argued money lessons don't actually change behavior. Slowly, evidence to the contrary is emerging. But much more proof is needed before personal finance will be ...

Monday, April 06, 2015

What states' residents pay the highest taxes? - USA TODAY

You may have already sent off your 2014 paperwork to the IRS, enclosed a check or requested a refund, and crossed taxes off your to-do list for the year. But you're not done yet. You'll still have to work until April 24 to earn enough money, on average ...

Sunday, April 05, 2015

Warning sign: US economy only adds 126000 jobs - CNNMoney

Warning signs: The March jobs report is disappointing and raises more questions about whether the U.S. economy is slowing. After gaining momentum in 2014, U.S. economic growth has sputtered in 2015. The Federal Reserve Bank of Atlanta forecasts the ...

Friday, April 03, 2015

Bad times for investment bankers are here to stay - Fortune

Many large European banks are getting out of investment banking completely. And the ultimate insult: Wells Fargo and U.S. Bank, once derided for sticking to straight lending, are now more profitable than lords of finance Goldman Sachs and Morgan Stanley.

Tuesday, March 31, 2015

Ax the income tax - CNBC

In 2014, the Treasury collected $1.7 trillion from corporate and personal income taxes. This could be replaced by a 12 percent sales tax on all private purchases and other payments-be they computer equipment, college tuition or lunch at the corner takeout.

Tuesday, March 31, 2015

Stronger Dollar in a Weak Global Economy - New York Times

This largely reflects the realization among investors that the American economy will do much better than other major economies in the coming months. The dollar is now the strongest it has been against more than two dozen other currencies in more than ...

Monday, March 30, 2015

Half of Americans are saving next to nothing - CNNMoney

So how much should you be saving? Bankrate recommends 15%. "Between emergency savings and the ever-increasing burden of retirement savings that is on the individual, the goal should be 15% of your income," said Greg McBride, the personal finance ...

Monday, March 30, 2015

Does your teen really have to file taxes? - USA TODAY

If your teen is under those thresholds and worked a job that withheld taxes, though, he or she would want to file to get those withholdings refunded. So encourage your teen to collect those W-2s, even if it seems like a lot of trouble for a refund that ...

Saturday, March 28, 2015

7 money-saving tips millennials need - Asbury Park Press

According to a 2014 Wells Fargo Millennial Study, only slightly more than half of millennials (ages 18 to 32) have started saving for retirement, about four in 10 feel overwhelmed by debt obligations, the majority are living paycheck to paycheck, and a ...

Friday, March 27, 2015

3 things I learned investing thousands of dollars - CNNMoney

Lesson 1: Invest already! This one may sound crazy, but let's try it: If your aim is to invest your money to get long-term returns then you should ... invest. Now. Not later. Not next year. Now. Related: Barnes & Noble Is More Profitable Than It Looks ...

Friday, March 27, 2015

Stocks fall, S&P 500 joins Dow in red for year - USA TODAY

A day after tumbling nearly 300 points, the Dow was down another 100 points in early trading Thursday, putting it on track for its fourth down day in a row, as jittery investors react to tensions in the Middle East and weak economic data. As of 10:10 a ...

Thursday, March 26, 2015

What an interest rate increase means for real people - CNNMoney

An interest rate hike will impact everyone who has a home mortgage, car loan, savings account or money in the stock market. In short, life is about to get better for savers and a little harder for borrowers. Investors could also face tougher times ...

Thursday, March 19, 2015

NCAA Tournament to bring millions of dollars to Jacksonville - First Coast News

As soon as the NCAA bracket was announced, hotels downtown were flooded with calls from the eight schools playing at Jacksonville Veteran's Arena and their dedicated fans. "This is a big win for Jacksonville," said Mayor Alvin Brown. "In 2010 the ...

Monday, March 16, 2015