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Friday August 1, 2014

Contributors: Business - Making Cents

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    Sunday Jul 06, 2014 | 8:52 pm

    Student loan rates change, but principles of borrowing remain the same

    Did you like the little play on words in the title?  I love how the English language provides those opportunities.  The principal was lecturing the students on the principles of principal and interest. July 1st brought some changes to federal student loan programs.  The headlines announcing these changes range from virtually non-existent to telling us how great the changes are to telling us how bad the changes are.  Like with […]

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    Sunday Jun 22, 2014 | 8:01 pm

    Refinancing? Try reducing the length of the loan

    Over the last six months of doing this blog, I’ve used examples of mistakes I’ve made with money. Using store credit cards, living in the monthly payment mindset, latte addiction, borrowing for cars, and failing to start a savings program when I was younger are just a few from the list. Yes, there are more. Oh no, I’ve gone and made myself depressed. It’s ok, though, I have just the […]

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    Monday Jun 09, 2014 | 12:46 am

    Surprise quiz today

    A recent study by FINRA (Financial Industry Regulatory Authority) reported some startling statistics regarding the financial literacy level of Americans.  FINRA surveyed 25,000 people and found that 86% could not correctly answer five basic personal finance questions – possibly alarming.  75% could not answer four of the five questions correctly – definitely alarming.  I took the quiz myself and although I admit that the question about bond prices is not […]

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    Sunday Jun 01, 2014 | 8:17 pm

    An eye on the economy

    "US Economy:  GDP Shrank in First Quarter"  I saw that headline on Thursday’s PPH (online) and it didn’t interest me.  Earlier that day I heard the same news on NPR, but still no reaction.  That is saying something because I generally pay close attention to the economy.  I need to know what’s going on for my teaching, for my personal finance interests, and, honestly, I like economics.  There, I said […]

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    Tuesday May 27, 2014 | 2:25 pm

    Major budget item – going to a ballgame

    Take Me Out to the Ballgame No, really, please take me because I can’t afford to take myself!  Well, I guess I can afford to go, but the question is, given the cost, should I go?  In a few years when my son is old enough to understand what a ballgame is, I wonder, will I think it’s worth it?  I wish that money was not part of the decision.  […]

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    Sunday May 18, 2014 | 4:31 pm

    Help with saving for college

    Seems like there are a lot of people complaining about the cost of a college education.  There are definitely bloggers blogging.  I might even know one.  On the other hand there are not nearly enough of us talking or blogging or anythinging (right, not a word, but it should be, along with whatevering) about what to do about it.  We don’t have the big answers right now, but there are […]

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    Sunday May 11, 2014 | 8:09 pm

    News from a certain education conference

    Recently I mentioned Maine Jump$tart’s 5th Annual Fostering Financial Education in Maine Schools Conference.  It happened this past Thursday and I’d like to feature some highlights.  It was held at the Cross Center in Bangor, and the crowd of 100 plus consisited of educators, bankers, and others who are involved with financial literacy.  The Keynote: Given by, well, ME (not ME as in Maine, but ME as in I was […]

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    Sunday May 04, 2014 | 9:10 pm

    What would J.P. Morgan think? Adjusting to a new world of banking.

    I am a bit old-fashioned when it comes to banking.  I only recently switched to direct deposit.  Naturally, then, when it comes to online banking, virtual banking, smart-phone banking, etc, I am  behind the times.  How far behind?  Well, I no longer get paper statements, and I pay some bills online, and I have an online stock account.  But I don’t do any banking from mobile devices, and I won’t […]

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    Sunday Apr 20, 2014 | 9:38 pm

    33 billion reasons to promote financial literacy

    A few months ago I agreed to do this blog because I see it as one small way that I can contribute to the cause of promoting financial literacy. I’m not an expert. I’m not sitting on a big bank account talking down, telling people to save, invest, and be smart with money while I rake in the cash from that very activity. I’m just a guy who is in […]

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