January, 2010

Love and Money: Do Savers Seek Spenders?

This post is from GRS staff writer April Dykman. Social psychologists have found that people tend to choose their significant other based on similarities—similar attitudes, values, and even similar names. Those findings would seem to suggest that people with similar spending habits would be attracted to each other, too. But a working paper published last year found ...

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Initial Jobless Claims Fall for 17th Straight Week

Jobless claims fall at a higher than expected rate [caption id="" align="alignright" width="384" caption="Photo: jobjabber.wordpress.com"][/caption] The Labor Department reported that new claims for unemployment fell to their lowest levels since September, 2008. The claims adjusted by season fell by almost 22,000, to 432,000 which is a larger than expected drop. This looks good for the long term. ...

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Getting Your Budget Started

First Things First [caption id="" align="alignright" width="318" caption="Photo: flickr via electrofantastic"][/caption] The first thing to do is get a piece of paper or program on the computer such as Microsoft Office. You need to divide your money into categories that will be what dictates where your money goes. None of the sections should be labeled miscellaneous. These ...

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How Much do You Need to be Rich?

If I had a Million Dollars [caption id="" align="alignright" width="304" caption="Photo: growabrain.typepad.com"][/caption] Becoming a millionaire is something that many of us have dreamed about. It is a vision that has led many people to do crazy things in the pursuit. The incessant quest for the Holy Grail of a million dollars has created a lot of game ...

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Getting Paid to Play: High-Stakes Checking

Photo: Callahan Pssst. Hey, kid. Yeah, it’s me, in the trenchcoat. Want to earn 3 to 5 percent interest on your checking account? Well, you can. There’s a catch, of course, but it’s not a big catch, and you don’t have to do anything sneaky. (Trenchcoat notwithstanding.) Over 600 credit unions and community banks offer reward checking ...

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