Articles in Money and You

The Week in Review:

GDP: The Rock Star of Economic Indicators

shopping2_tn-1

Word out of Washington, D.C., this week is that GDP is on the rise. What does that mean for the economy and your financial and job prospects? High school economics whiz Robin Li and others demystify the significance of Gross Domestic Product.

Also posted in Articles, The Week in Review | Leave a comment

You’re Fired! Now What?

fired_tn

In honor of the comeback of Donald Trump’s “Celebrity Apprentice,” in which the real estate tycoon must fire a new contestant each week, KWHS looks at the realities of job loss. Someday you may receive a pink slip at work, but as experts suggest, it is most likely a career opportunity in disguise.

Also posted in Articles | Leave a comment

Do U Know the Economics of Your Cell Phone?

cell-phone_tn

Some 75% of kids ages 12 to 17 use their own cell phones to place calls, text and search data. How much is that costing you? Now’s the time to learn the economics of your cell phone so that you’re better prepared to track usage and contain costs when mom and dad cut the cord.

Also posted in Articles, Tech Buzz | Leave a comment

Tools for the Tank: Tips from World Record Holders in Fuel Efficiency

fuel-economy_tn

Fuel economy is a much-discussed topic among those looking to save money – especially with the unpredictable and often escalating fuel prices. Even if you can’t afford a hybrid vehicle that runs on both gasoline and electricity, you can cut fuel costs through better purchasing and driving habits. Helen and John Taylor, who have 46 Fuel Economy Driving World Records, share their secrets for saving at the pump.

Also posted in Articles | 9 Comments

Credit in China: A Culture of Consumer Spending?

credit-in-China_tn

Since being introduced in 1985, the number of credit cards issued in China has grown at an astonishing rate, reaching 285 million in 2011, five times the number in 2006. MasterCard projects that annual credit card spending in China will more than double by 2025, and over the next decade, the country is expected to become the largest credit card market in the world by number of issued cards, overtaking the United States. This article, written by William Hart, Thomas Kidd, Lane Rettig and Nicholas Walker, members of the Lauder Class of 2014, takes a look at consumer credit in China.

Also posted in Articles | 3 Comments

Lady Gaga Fan and Landlord: Willow Tufano’s Real Estate Investments

Willow-Tufano_tn

  Fifteen-year-old Willow Tufano is a skateboarder, a Lady Gaga fan, a home schooled-student and a typical teenager with the exception of one unusual responsibility: She’s also a landlord. Prior to rental income, Tufano earned her cash by scouring the … Continue reading 

Also posted in Articles, Entrepreneurs and Leaders | 2 Comments

Masterpiece Theater: Christie’s, Warhol’s Lady Liberty and the Art Auction Market

art-auction_tn

These days the business of art is a high-priced game that favors big-name collectibles, such as Andy Warhol’s “Statue of Liberty” and Mark Rothko’s “No. 1 (Royal Red and Blue).” And while auction powerhouses Christie’s and Sotheby’s expect a busy November, the global art market is feeling the effects of a weak economy.

Also posted in Articles, Fashion, Food and More | Leave a comment

Opening a Bank Account: Be the Boss of Your Own Money

banking_tn

Do you have your own bank account? If you do, or if you’re thinking about opening one, you are no doubt on a path to financial fitness. Bank accounts help you save and budget your money and, more importantly, they help illustrate a fundamental financial concept: You can only spend the money you’ve got.

Also posted in Articles | 4 Comments