Kentucky man buys Kmart inventory, gives it all away

Rankin Paynter, a Kentucky native, bought all of the inventory in a Kmart that was closing in two days, for 200,000 dollars and then ended up giving it to charity.  

http://news.yahoo.com/blogs/upshot/kentucky-man-buys-kmart-inventory-gives-away-220043176.html

Car insurance and guys

http://www.cbsnews.com/8301-505144_162-57433982/how-men-can-beat-gender-bias-in-car-insurance/

Men pay about $15,000 more for auto insurance over their lifetimes than women do..  Men tend to drive more aggressively and get into more accidents than young women. However, when the twins hit the "baby on board" years, guys mellow out -- at least until they hit their midlife crisis years.

Prove it: Show you are a good driver
You are what you drive: Cheaper car cheaper rates
Maintain good credit: insurance scores
Location: be lucky basically
Discounts: Get them man
Shop regularly: watch for new policies

Growing Problem Of Light Pollution

Did you know 2 out of every 3 Americans cannot see the Milky Way.

Facebook

This morning Facebook's stock went public. It released at around $38.00 a share and has since jumped to almost $42.00 a share. Facebook is the most valuable company (currently valued at $104 billion) to ever go public.

Facebook

Facebook today is at $41 dollars a share

Teen jobless rate to dip in summer

They say teens will start getting jobs this summer. There's supposed to be less without jobs. 6,200 more teens are expected to get jobs. The department says about 287,400 teens are expected to seek work this summer.

Bill would tie welfare, drug tests

Ohio is going to do a drug test for people who apply for welfare, which I think is the way it should be anyways. The bill is on its way through senate but apparently there are people who say it would be unconstitutional to change the laws in the state. Which of course is ridiculous. Why should tax payers have to pay for druggies food.

Teens and Different Topics.

http://www.mercurynews.com/bay-area-living/ci_20629283/teen-talk-teens-obama-texting-and-driving-and

A number of teens admit to texting and driving or at least witnessed it. 

Many teens say that their schools don't know what to do about bullying, and that they aren't being pro-active about preventing or stopping it. 

Regarding the Trayvon Martin case, many teens believe that it's ridiculous racism still exists in society.

 

Some teens love the boy band One Direction and others are freaked out. One teen is happy her younger sister gets to experience the boy band craze, like she did with the Backstreet boys. 

Teens Discuss: Obama, Texting and Driving, and One Direction.

http://www.mercurynews.com/bay-area-living/ci_20629283/teen-talk-teens-obama-texting-and-driving-and

A group of four teens were given a number of topics and asked their opinions on them. One topic was about Obama, in which two out of the four students responded that they hope to see education become a more important issue for the presidential candidates. Texting and driving was also a big issue, with most of the teens saying that it's not safe but they do have the temptation to text and/or check their phones while they drive. The last topic the teens discussed was the new "boyband craze" and how One Direction has exploded onto the scene. For the most part, they were pretty happy that boybands are "in" again.

Smartphones broaden the market

Basically, it just talked about how smartphone credit card readers are broadening ways people can purchase goods.

More Credit Cards Issued

U.S. credit card owners are starting to get their payments on time. The rate of payments at least 90 days over due, dipped in the first 3 months of the year to .76%. That's down from .78% at the end of last year. There are more cards being issued now and 24.1% of that are higher-risk borrowers. They are expected to use them a lot because of not having them from previous years.

Teens In Tech

Teens In Tech is a job board website that offers teenagers in high school the opportunity to find tech internships.

Read more: http://techcrunch.com/2012/05/15/teens-in-tech-job-board/

Bill would tie welfare, drug tests

http://www.coshoctontribune.com/article/20120516/NEWS01/205160304

Ohio's Senate finance commitee set a vote today for 3 counties to administer drug tests to prospective welfare recipients.This is seen as you must play by the rules to enjoy the benfit.

GE Finance Unit

May 16, GE finance unit will pay a special dividend of $4.5 billion to its parent company this year after suspending the payouts in 2009 during a freeze in credit cards. GE plans to use the money to accelerate share repurchases beginning this quarter

Privacy is lacking in this Tokyo glass home

Tucked into a quiet residential neighborhood, this three-story, 914 square-foot home was created by an award winning Tokyo architect named Sou Fujimoto. His unusual design, with high glass walls and varying sized modular tables, contains 21 “floor plates” for residents and guests to sit, work, cook, eat, sleep, or play. Some of the floor plates are heated to provide comfort in the winter.Though the home is almost entirely transparent, there are curtains that provide some modicum of privacy for occupants. Still, living in a fishbowl might make residents think twice about climbing down to breakfast without first getting dressed.

Auto insurance rates rising!

http://www.necn.com/05/15/12/Mass-auto-insurance-rates-soars/landing_business.html?blockID=708486&feedID=4209

initially rates were dropping on average 12.7 percent from 2007 to 2009, according to National Association of Insurance Commissioners data. But since 2009, according to numbers compiled by Attorney General Martha Coakley and reported in The Boston Globe Tuesday, rates have been soaring, rising by 16 percent at Commerce and Progressive, 18 percent at Plymouth Rock and Liberty, and 30 percent at Travelers/Premier.

Warped Tour! This Summer!

Warped Tour is an annual tour that hits almost every single state in the US. This year, the tour kicks off June 16th in Salt Lake City.

Warped Tour will be at the Sports Authority Field on June 17th, 2012 with headlining bands All Time Low, You Me at Six, Taking Back Sunday, and Rise Against. For the price of $30, you have access to over 100 bands playing that day. Along with the all-day-concert comes with autograph signings, merchandise tents from every single band, and free merchandise as well!

And for the price of $30, that's not a bad deal at ALL.

Michael Jackson's costumes being sold!

The costumes worn by legend, Michael Jackson, are going to be exhibited in South America, Europe and Asia then being sold to the highest bidder. The exhibit opens May 18 in Santiago, Chile. The auction will take place in December.

A hobbled generation

http://www.nytimes.com/2012/05/13/business/student-loans-weighing-down-a-generation-with-heavy-debt.htm?_r=1&pagewanted=all

Wild Card!!

EPA declares hay a pollutant in effort to drive small, mid-sized family cattle ranchers out of business

Veterinary Financials

Often, life's choices come with a cost; however, life and death choices come with an even bigger price tag. Robin, my mare that just foaled, coliced Wedneday night (5/2) which essentially means her intestines got twisted and was rushed to CSU Vet hospital at 7am Thursday morning. My choices were $1500 and she has slim chances of living or upwards of $4500 and she will almost certainly survive. Needless to say, I picked life. Today, mare and foal are happily eating and playing together and that is priceless--our final bill was much cheaper than our original estimate and I am sure that CSU granted us a few pardons and favors because everyone at the hospital fell in love with my mare, foal, and family.

Transit of Venus

On June 5, people living in North America will be able to view the transit of Venus across the sun. The transit will take about six hours, but will only be view able for three to four hours. The last time this happen was in 2004, and will not happen again till 2117.

Living the Dream

Oftentimes there is a clear difference between what teenagers want to do and what they do. Why is that? Kids dream of doing amazing things when they are younger and as they grow up, "reality" sets in. We have to go to school and do things we don't care about and don't do what we really love to do, simply because it doesn't follow what society wants us to do. People want to be artists or musicians or pro ball players but instead they become accountants because their parents tell them to or because they're afraid they can't make it or that they'll be hungry. But should we trade our dreams for security?

Possibly the coolest thing ever. Of all time.

First, RANDOM FACT: I start my job at the Wapiti Colorado Pub today at 5. But more related to the subject, there is now a lightsaber on the market. Not exactly like in Star Wars, but it is a polycarbonate blade with a magnet based contraption inside the handle. When you attatch a Spyder 3 laster pointer, It all comes together to form a lighsaber-like effect. If it has any value, it says that it can still cause damage to people, property, and pets. In the future, perhaps we could have such a device exactly like those in the star wars saga, but alas, that will have to wait.
http://www.wickedlasers.com/lasers/lasersaber.html

Elitches passes fro only 64$

so the school is selling season passes to Elitch's for like 6$ cheaper than normal. I think it is a great idea to entertain students during the summer maybe keep some out of some not so good things and I'm sure the school is getting something out of this of course.

Drug Trade

the global drug trade generates an estimated US$321.6 billion a year, with the most of the profit coming from America (the actual buy, not the trade). and most of the trade coming from South America

Five money tips from savvy financial moms

http://www.rgj.com/viewart/20120514/BIZ10/305140009/Five-money-tips-from-savvy-financial-moms

5 tips from financial savvy moms include: "decide between wants and needs, don't spend it all in one place, live within your means, wait before buying, work at being smart consumer." These are helpful hints for bth adults and kids.

Five money tips from savvy financial moms

The first one is know the difference between needs and wants. Second is don't spend it all in one place. Third is to live within your means. Fourth is wait before buying. Then fifth is work at being a smart consumer.

Should Teens Have Credit Cards?

http://www.memphisdailynews.com/news/2012/may/10/should-teens-have-credit-cards/

This article talked about whether or not teens should have credit cards. If they do have credit cards, they have to learn how to spend wisely and pay it off every month. Parents are also encouraged to monitor their spending and make sure they have an understanding of credit.

Should teens have a credit card

http://www.memphisdailynews.com/news/2012/may/10/should-teens-have-credit-cards/

Its saying that it is a good idea for teens to have a credit card if they can handle a debit card it will teach them responsibility with money but monitor it.... I have a credit card and I think its great tho i dont pay it I have kinda  limit?

15 Summertime jobs

1. Forest/conservation workers
Mean hourly wages: $11.49

2. Lifeguards: 
Mean hourly wages: $10.70

3. Landscaping/lawn-care workers:
Mean hourly wages: $11.41

4. Bike messengers:
Mean hourly wages: $11.58

5. Walking food vendors: 
Mean hourly wages: Pay varies by position/location

6. Camp counselors:
Mean hourly wages: $10.70

7. Nannies/baby sitters:
Mean hourly wages: Pay varies by level of experience and full-time or part-time status

8. Hospitality/cruise-ship workers:
Mean hourly wages: $22

9. Golf caddies:
Mean hourly wages: Pay varies by course, with some offering minimum wage, and others paying by number of rounds worked; tips are also often received

10. Amusement park workers:
Mean hourly wages: $10.14

11. Event planners:
Mean hourly wages: $21.76

12. Tour guides:
Mean hourly wages: $12.82

13. Stable/ranch hands:
Mean hourly wages: $29.21; pay may vary by farm size or employer

14. Servers/bartenders: .
Mean hourly wages: Pay is typically minimum wage plus tips

15. Dog walkers: 
Mean hourly wages: Pay varies based on whether you work independently or for a shelter/groomer

5 Sayings from Mom that are as good as gold

http://www.foxbusiness.com/personal-finance/2012/05/09/five-sayings-from-mom-that-are-as-good-as-gold/

1."If it looks too good to be true, it probably is".
2."Look both ways before you cross the street".
3."Don't take candy from strangers"
4."You've earned a timeout".
5."Just because everyone else is doing it, doesn't mean you should".

Oceanside, Island Park libraries offer budgets

Citizens are voting on library budgets in Nassau county. Libraries have begun shifting money in their budgets. Instead of purchasing reference books, they are subscribing to online databases and purchasing more e-books and audio books. They are also spending more money on programming overall. More CD's and DVD's were bought according to demand. For the next year, they have decided to budget less for books and more for media.

Should Teens Have Credit Cards?

If parents can teach their kids the value of having good credit and help them have an understanding of how credit cards work then there is no issue with a teen having a credit card. However there are some teenagers who spend and spend a lot. If parents do not stress the importance of paying back the credit they used then teenagers will start accumulating debt at a very young age and potentially ruin their financial future.

Should Teens Have Credit Cards?

If the teen does not know anything about financial spending, then no. If the teen knows how to save and spend when needed, then yes. Those are the choices. Ways of helping them figure out financial spending, you could give them their own account, joint account with the parent, and a credit account tied in with their own account. Parents could also get a prepaid acount for them. The smart thing to do is pay it off when you get the bill.

Simple: A Better Bank

Simple is currently closed to the public, but has just released it iPhone app to make managing money easier. The currently have had $13.1 million invested in them. Their goal is to make banking simple. Currently Simple is not an actual bank but is backed by the FDIC.

Read more: http://techcrunch.com/2012/05/09/simple-rolls-out-iphone-app-but-still-no-word-on-public-launch/

Retirement

The government is saying that if you have a couple of years till retirement then to take it up a notch and if you have 20 years till retirement then to take it up 2 notches

Mothers Know Best! Most Remember Mom's Financial Advice "Money Doesn't Grow on Trees," According to Schwab Survey

http://www.marketwatch.com/story/mothers-know-best-most-remember-moms-financial-advice-money-doesnt-grow-on-trees-according-to-schwab-survey-2012-05-10

 On a Shwab's survey, 42 percent of respondents recall hearing the phrase, "Money doesn't grow on trees," as from Mom as a child. The other phrases resulted in, "A penny saved is a penny earned" (23%), "Give generously to those in need" (15%), "Wait for it to go on sale" (9%) and "Spend like there's no tomorrow" (3%). Now that Mother's day is around the corner, its a good time to mention the great advice.

Parents Can Provide Basic Finance Lessons for Their Children.

http://rochester.ynn.com/content/other_features/582832/money-matters--parents-can-provide-basic-finance-lessons-for-teens/

This article was basically talking about how parents should ask their children's school if a Finance course is offered. If not, they should lobby for it because it is an important course that all students should be taking.

Parents are also the biggest influence on children when it comes to finance. Talking to their children about finance and spending would be ideal.

Pills made from dead babies?

In china, stamina boosting pills were made from the skin of dead babies. The scientists took the skin from aborted or still born babies and made them into pills. Not only are they made from baby skin, but they also contain harmful superbacteria.

Ex-Car Salesman Gets 7 Years for Scam of Credit Union

He gets 7 years for running a sophisticated scheme to defraud Navy Federal Credit Union out of $1.5 million. The 7 years is actually less than what the federally recommended guidelines are. They were 8-10 years. His attourney was asking for 3 while the other people were asking for 9. The money was neted through bogus car loans and he was forced to pay it off.

Cars that drive themselves

Using technology from Google, there has been a system designed in which a car can drive itself. In Nevada, Google is licensing 3 different test vehicles. They run a system which, if it glitches, can be overridden. There are many skeptics, but the idea is still in the test phase. Hopefully with this advancement we'll get to work on that machine that does your homework, like we have all been dreaming of since we were 5.

http://money.msn.com/auto-insurance/news.aspx?feed=AP&date=20120507&id=15077782

Edo, the Anit-Groupon?

Edo is a company that is going to be offering deals in real-time that based upon your location and previous transactions. The service works by placing the deals you want on to a credit card that you have associated with Edo, which then allows you to use that credit to redeem your deal.

Read more: http://techcrunch.com/2012/05/08/the-anti-groupon-edo-launches-real-time-local-offers-platform-tied-to-your-bank-card-for-instant-credits/

Money Matters: Parents can provide basic finance lessons for teens

This article talked about how only four states require a personal finance class and that parents should lobby in their childrens' schools to require a personal finance class. The article also discussed how large of a role parents play in influencing their children's money habits and that parents should sit down and talk to their kids about how money works in their family.

India's changing tax rules

the country will delay by one year the adoption of the "general Anti-Avoidance Rules" designed to curb tax evasion, and ease some proposed duties and taxes that had spooked foreign and domestic investors alike.

8 of the World’s Most Expensive Ingredients

Most Expensive Fruit: Yubari King Melons 
between $50 and $100 in Japanese department stores. 
Most Expensive Fungus: White Truffles 
$90 for a standard 8-gram portion
Most Expensive Poultry Product: Swiftlet Nests 
$1,000 per pound
Most Expensive Pantry Staple: Aceto Balsamico Tradizionale 
$60 per ounce
Most Expensive Coffee: Kopi Luwak
$500 per pound
Most Expensive Meat: Jamón Ibérico de Bellota 
$87 per pound
Most Expensive Spice: Saffron
$15 per gram
Most Expensive Seafood: Sturgeon Caviar 
$12 per gram/$500 per serving

What you Dont Know About Auto Insurance May Cost You

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/07/investopedia80787.DTL

According to the Discovery Channel, there are approximately 6.2 million auto accidents a year. This fact along with an average of 3 persons involved in a accident gives a 1/16th chance of being in a wreck this year. South Carolina you can be uninsured, with a $500 fee but only 41 people paid that last year.

Teen, boyfriend charged in fatal Dallas shooting

DALLAS (AP) - Police have charged a 16-year-old girl and her boyfriend with capital murder in the fatal shooting of a grandfather who was protecting his family from masked intruders in his Dallas home.

Dallas police Lt. David Pughes said the girl and 17-year-old Jose Alfaro were arrested after a brief standoff at a Dallas home Monday night. Police aren't identifying the girl, who has been charged as a juvenile. Alfaro faces adult charges.

Pughes says police don't know the motive. He said the girl and a granddaughter of the victim, 66-year-old Lorenzo Moreno, were friends who had fallen out. Police are seeking four other suspects in the Sunday shooting.

Alfaro is being held in the Dallas County jail on $1 million bond. There is no attorney listed in online jail records.

http://www.wset.com/story/18189388/teen-boyfriend-charged-in-fatal-dallas-shooting

Father pulls kid cause school wants him to take off controversial shirt

http://www.theglobeandmail.com/video/video-father-pulls-jesus-t-shirt-teen-from-school/article2425657/

Father pulls kid from his school because he wore a shirt that said life was wasted. I think it said with Jesus but they never said exactly what the shirt said but they were talking bout Jesus with it and the school said take it off but he wouldn't. he has a freedom of speech.....

Nebraska Teen Declared Dead by Credit Bureau

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/03/prweb9470608.DTL

A Nebraska teenager was trying to take out a car loan when he was informed that someone had taken out death benefits in his name in January.

Android Lost Money in 2010

Currently Google is in dispute with Oracle  because of the possibility of copyright infringement with Android OS. During 2010, Google lost money on android. How much money Google is making on Android can play a big part in the case because it could determine how much Google has to pay for damages.

Read more: http://techcrunch.com/2012/05/04/android-lost-money-every-quarter-in-2010-made-97-7m-in-q1/

chuck norris...

Chuck Norris Will Be Coming Back Into A Film After 17 Years In The New Upcoming Movie "The Expendables 2" Tagging Along With Sylvester Stalone. His Last Movie Was "Top Dog" In 1995

Veterinary Financials

Often, life's choices come with a cost; however, life and death choices come with an even bigger price tag. Robin, my mare that just foaled, coliced Wedneday night which essentially means her intestines got twisted and was rushed to CSU Vet hospital at 7am Thursday morning. My choices were $1500 and she has slim chances of living or upwards of $4500 and she will almost certainly survive. Needless to say, I picked life. Today, mare and foal are happily eating and playing together and that is priceless.

Free Mercedes with that bank account

A bank in Florida called the C1 bank is offering a Mercedes if you get a 1 million dollar 5-year certificate of deposit. The article went on to talk about other ridiculous offers this bank has done, such as front row seats to games and such.

Texas High Teen Birth Rate Carries Cost Beyond Dollars

http://www.mysanantonio.com/news/local_news/article/Texas-high-teen-birth-rate-carries-price-beyond-3533685.php

Texas ranks 4th highest on teen pregnancy. The worst issue with teenage mothers is dropping out of school. Their kids have a higher chance of becoming a teen mother, or the men going to prison. It is said that the state of Texas spends $1.2 billion a year on teen pregnancies.

Nebraska teen declared dead by creditors

Nebraska teen is unable to obtain student loans, a car loan, or even get accepted into college because the credit bureaus have declared him deceased!

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/03/prweb9470608.DTL#ixzz1tvMslr6g

Finance week!

http://news.ninemsn.com.au/article.aspx?id=8461975
'

Its finance week from May 6- May 12

Brazil Banking

Brazil banks have been lower interest rates to increase spending and boost the economy

5 myths about getting in and paying for college

http://www.cbsnews.com/8301-505145_162-57424191/5-myths-about-getting-in-and-paying-for-college/
1. You need to go to a name-brand school.
2. An Ivy League education is a must to have a great career.
3. You have to be a brainiac to get merit scholarships.
4. If you're rich, you will have to pay full price.
5. Retirement savings will kill your chances for financial aid.

7 ways you're wasting your money

1. Investing in expensive mutual funds.
2. Ignoring your credit score. 
3. Failing to lower your rates. 
4. Overpaying for car insurance.
5. Buying brand-name products.
6. Buying too much life insurance.
7. Failing to get the company 401k match.

The Everyday Lives Of Frugal Billionaires

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/04/26/investopedia80359.DTL
Warren Buffet: Lives in a 5 bedroom house in Omaha purchased for $31,000 and drives himself in a Cadillac despite his $44 billion net worth.
Mark Zuckerburg: $17.5 billion spends 16 hrs per day working and chooses jeans and t-shirt over fancy clothes.

Four-day School Week: Could it increase teen pregnancy?

In Georgia, they have adopted a budget solution -- four-day school weeks. I think that this would be a huge plus in Colorado, but according to officials, the extra day of doing nothing gives teens more time for whoopee. UH-OH.

Teens getting jobs is getting easier as summer comes. Now is the time for teens to start looking. Companies are doing better so they started to hire more teens. They expect to have all their summer hiring wrapped up by memorial day.

Teenagers drink hand sanitzer to get drunk?

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/04/26/prweb9444648.DTL


Teens are consuming hand sanitzer to get drunk now.. What they do is use salt to separate the liquer and than its basically hard liqueur.. since 2010 Cali has received 60 reports of it some needing medical care.

Four-day school week: Could it increase teen pregnancy?

A shorter school week could cut many costs in the school budget but is it a good idea?
The worry most people have is that students will take that extra day off of school do do things they shouldnt be doing. In my opinion if students are already having sex then what does it matter if they have one extra day off of school. instead of worring about what your students are doing you should teach them about safe sex, then there wouldnt necessarily be an increase in teen pregnancy.

Consuming Hand Sanitizer New Dangerous Teen Trend

Apparently, if you distill a small bottle of hand sanitizer, the 62% of it that is alcohol will separate out and you can drink it like a shot. Teens are increasingly becoming hospitalized for this. All I want to know is WHY someone would even think about that.

Vungle Raises $2M In All-Star Seed Round

Vungle is a new company that wants to help mobile developers market their apps through video trailer. The application can create a 15 sec video of the app in use, and generate the finial product in 24 hours. Vungle secured funding from Google Ventures, AOL Ventures, and other angels.

Read more: http://techcrunch.com/2012/05/02/vungle-hustles-its-way-into-2m-seed-round-from-all-star-investors-for-mobile-app-video-trailers/

Job Market is "Warming Up" for Teens.

http://www.sacbee.com/2012/04/29/4448916/hiring-of-teenagers-heats-up.html

John Challenger, CEO of Challenger, Gray, and Christmas INC says that right now is the time for teens to applying for jobs. Companies are doing better and therefore have more room to hire teens. He estimates that 1.2 million teens will get jobs this summer. But, he urges that you not wait, because most companies are looking to finish up their hiring by memorial day.

Jobs for Teens

businesses are saying that this summer will be a very good summer for teens to get jobs. More and more businesses are now looking for teens for summer jobs.

Why High School Doesn't Count: Getting Smart About College

http://www.huffingtonpost.com/jayanti-tamm/community-college_b_1469427.html

Now days with lower addmission rates into top tier colleges than ever before, many kids go to plan B. Even after all the years of work to build a solid looking application, it doesn't count for anything now. It is even said that a kid that dropped out, or just played video games, or didn't have a single honors class have nothing to worry about. Transfering from a community colllege to a 4-year school could be your best friend.