Friday, May 18, 2012

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.  

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.

Wednesday, May 16, 2012

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.

Monday, May 14, 2012

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.

Thursday, May 10, 2012

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.

Tuesday, May 8, 2012

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.

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.....

Friday, May 4, 2012

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

Wednesday, May 2, 2012

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.

Monday, April 30, 2012

Preparing Teens for College Living.

http://www.guampdn.com/article/20120430/NEWS01/204300311

This article gave different tips for parents on how to prepare their teens for college living. A few of these tips included:

- Showing your teen your family budget.
- Make financial goals.
- Know costs in advance.
- Keeping track of expenses.

should coca-cola buy monster?

Monsters shares in the stock market were up seventeen percent bringing it up to a 52-week high of $76.78 per share. This turned heads in the Coca-Cola company. Coca-Cola has remained relatively stable, it's shares are neither increasing or decreasing very much in value. Although Coca-Cola already owns energy drink brand "Full Throttle", they are debating whether they should buy Monster to increase their Market Value. Monster is one of the leaders in the marget targeting youth, it has a market capitalization of ovver $11 billion dollars. No wonder why Coca-Cola is looking into buying them.

Teens and finance

students dont know to much about finance and usually get themselves in trouble. Schools are trying to figure out a way to fix this and have figured to make more finance classes part of the required curriculum for graduation.

Hiring teenagers heats up

Finding a job for teens this summer is becoming way easier than in the past summers. Challenger's annual study of summer teen hiring, said there's been a rebound from 2010, when teen hiring hit an all-time low of 960,000 – the lowest level since 1949. Last year, it was up 13.2 percent, as 1.08 million teens landed employment in May, June and July.
This summer? Challenger estimates 1.2 million teens could land a summer job.

http://www.modbee.com/2012/04/29/2177143/personal-finance-hiring-of-teenagers.html

More College Admission Secrets: Don't Fall For These Popular Myths

1. Myth- Connections get you in
They really don't help at all.
2. Myth- Sending cookies makes them more likely to accept you.
Riiight.
3. Myth- The more activities you do, the more likely you are to get in.
Colleges want to see that you are passionate about a few things and have devoted a lot to certain things, not that you're just busy.
4. Myth- If you don't have high enough test scores, colleges won't consider you.
Not necessarily- good grades throughout your four years of high school can show that you are an excellent student, so one shot testing isn't the only thing looked at.
5. Myth- It's impossible to get into a good college nowadays.
There are thousands of good colleges but this myth is just because most people only know a few names. Names aren't the ultimate requirement and you should go to a school that fits you best.

Stocks fall on Wall Street as Spain enters recession; US consumer spending growth slows

The U.S markets fell today as Spain reported that their economy shrank 0.3%, the second straight quarter of recession.  Since that adds up to 6 months of decline, Spain is officially in recession.  The biggest worry with this is that Spain is the fourth largest country that uses the Euro, and if for some resaon Spain were to need help, the European economy may not be strong enough to bail it out due to its size.

Mysterious Credit Card Charges: Why You Need To Check Your Bills

There are people who get your credit card from online that use them to buy small things. This is why you should check to see what bills are put onto your credit card if you use it a lot. There are people online who sell the card numbers. People are trying to shut them down. 36 were shut down already. People usually don't report them because they are such small fees. But that's how these people stay in business.

Kindergartner Charged with Battery. Why Are We Criminalizing Kids?

The student had already been suspended for kicking and biting another official, when he allegedly threatened a teacher and kicked Principal Pat Lumbley. This time, the child was placed in police custody and charged with battery and intimidation. 

$1.5 Trillion in Mobile Revenues

Today there are close to 6 billion mobile uses worldwide. At the end of 2012 $400 billion will be attributed to mobile data. Also, $212 billion will come from apps, streaming services, and browsing. Currently voice holds 51% of the total rev, but is expected to fall by the end of 2012.

Read more: http://techcrunch.com/2012/04/30/research-1-5-trillion-in-mobile-revenues-in-2012-u-s-accounting-for-40-of-all-smartphone-sales/

B&N and Microsoft partnership

http://finance.yahoo.com/blogs/daily-ticker/barnes-noble-microsoft-partnership-desperate-meets-hopeless-151340097.html

Microsoft invested $300 million in Barnes & Nobles e-book. It's success is doubted because Amazon has been doing much better in every aspect.

storms and car insurance

http://blog.al.com/drivers-side/2012/04/dont_assume_your_automobile_in.html


Most insurances do not have protection agaisnt storm damage to your car. The only type of policy that covers storm damages is one that includes comprehensive coverage

Don't assume your automobile insurance covers storm damage

http://blog.al.com/drivers-side/2012/04/dont_assume_your_automobile_in.html

Most insurance policies dont cover damage from weather-events. You need comprehensive insurance to cover this.

Thursday, April 26, 2012

Consuming Hand Sanitizer New Dangerous Teen Trend

There have been a few reports of teens being hospitalized for consuming hand sanatizer as a way to get drunk. Because it is so easy to get, hand sanatizer is a trend for teens who want to get wasted or end up in a hospital bed.

Summer job picture brightens for teens

Teens looking for work will have a better time this year, but they have to be persistant to get it. The number of 16- to 19-year-olds working during the summer months had been at its slimmest level since 1949. Youth employment from May through June perked up by 1.08 million jobs. It's expected to grow again this year. Government-funded jobs at public camps, beaches, pools and parks seem to be coming back. Older, more experienced workers are finally moving on.

StumbleUpon Reaches 25M

Earlier this StumbleUpon reach the 25 million registered user mark. The user database has grown 5 times the amount in the past three years. Earlier this month they also released an app that integrated with Facebook.

Read more: http://techcrunch.com/2012/04/26/stumbleupon-25m/

Female applicants face lower acceptance rates

http://www.browndailyherald.com/female-applicants-face-lower-acceptance-rates-1.2736161

On average, about 4% less women are accepted to a college, even though women usually are 60% of the applicants. Bev Taylor, founder of Ivy Coach, said women are just expected to be more on top of their game in most cases. This leads to the domino effect. Schools need just the right amount of AP and regular classes. As women generally apply for the tougher classes, which could lead to more drop outs or some classes too large.

New 'Trend': Drinking Hand Sanitizer to Get Drunk.

http://www.timesunion.com/business/press-releases/article/Consuming-Hand-Sanitizer-New-Dangerous-Teen-Trend-3512043.php

Since 2010, 60 reports of teens consuming hand sanitizer for the alcohol content has been reported. The director of the toxicology stated that consuming hand sanitizer is like "taking a shot of hard liquor". Parents are being recommended to monitor hand sanitizer useage as they would with medicine.

Dog delays flights

A few flights were delayed this morning when Byrdie, the Rhodesian ridgeback, made a run for it on runway at LaGuardia Airport. Flights were only delayed about 10 minutes while the dog was on the runway.

Drinking hand Sanitizer

kids have now been drinking hand sanitizer to get drunk

http://latimesblogs.latimes.com/lanow/2012/04/more-hand-sanitizer-cases-reported.html

Tuesday, April 24, 2012

Parenting Classes for Young Mothers.

http://www.heraldsun.com.au/news/more-news/mixing-books-and-babies-all-part-of-teen-mum-school/story-fn7x8me2-1226337418793

An alternative sort of "high school" has been showing up in various cities dedicated to young mothers. There are various classes that the mothers can take to help improve their parenting skills. Classes range from cooking nutritious meals for their children to managing a budget for their household.

Stocks Lose Their Appeal for Main Street Investors

A recent poll showed that 76% of Americans said they are now much less inclined to invest in stocks, even as pay on their savings accounts hits record lows.  Trends like this often show up after economic issues because people are still wary of the market.

5 tips to score scholarships

Check nonacademic scholarships - There are many that don't involve great grades that you can still get


Use scholarship databases - There are many ways to get scholarships with many online ways to find them


Check locally and offline - Online searches are great, but there are also many opportunities to get scholarships offline


Reuse your work. - Save the info you give to each, you will find that they want most of the same stuff


Be persistent - Keep checking up on everything, such as updating scholarships



Frugal simplicity: Finding your happy place

http://www.zanesvilletimesrecorder.com/article/20120422/LIFESTYLE/204220328
living simply can help you to save money according to abbey. If you make a lot of your own goods as well as don't focus on owning all the latest and greatest things, you will save a lot of money for yourself.

Virginia teacher arrested for allegedly firing blanks at students

A Virginia teacher has been charged with 12 felony counts after allegedly pulling a blank firing gun on his students and firing several times. "One for each student who was in there. And basically the charges result of inciting fear into the students," Washington County Sheriff Fred Newman told KSDK.com. "He then pulled a 'blank firing handgun,' black in color, from the back waistband of his pants and discharged the weapon between four and ten shots in the direction of the line of the students," according to a police statement. "The 'report' of the firearm was similar to that of a firearm that fires a projectile, thus placing the students in fear, according to statements. No students were physically injured as a result of the incident." The Washington County Sheriff's Office says the charges levied against Dillow are all class 6 felonies, each punishable by up to five years in prison and a $2,500 fine. Dillow has since been released on a $20,000 bond.

Cuban artists find financial support online

Yagruma is a website whose aim is to help artists fund their projects in Cuba. Artists upload a sample of their work onto Yagruma along with their biography, a description of what they would like to create in the future, and a request for contributions. The projects are crowd funded. To cover operating costs, Yagruma keeps 5% of funds. The site has financed 5 projects so far and have another 10  still being fundraised. The site hopes to foster creativity and support the artists in Cuba.

Texas prom queen arrested for allegedly faking cancer, raising $17,000

A texas prom queen got arrested for faking that she had cancer, she raised over $17,000 from her fellow classmates. She is being held on a $50,000 bond after being arrested on friday.

Radius: A Tool for Salespeople

Before Radius, it was called Fwix, which was a hyperlocal news aggregator. Now they are offering businesses that sell services to small businesses an easier way to to target them.  So they now take all the data Fwix was using and severs it real time to salespeople.

Read more: http://techcrunch.com/2012/04/24/fwix-becomes-radius-a-tool-for-salespeople-targeting-local-businesses/

Months after surviving first sports collapse, Oregon 12-year-old dies after similar incident

http://sports.yahoo.com/blogs/highschool-prep-rally/months-surviving-first-sports-collapse-oregon-12-old-114327225.html
3 months ago 12 year old Isaac collapsed and had a heart attack during a basketball game and went in for surgery to repair the damage to his heart. The hospital deemed the surgery a success but never game him clear instructions as to whether or not the boy could play sports again. In a sad twist, at his elementary school playing baseball he collapsed again and died just hours later. How sad. Poor kid. He just wanted to play.

Teen Charged with Setting Child On Fire

http://www.njherald.com/story/17671884/missouri-teen-charged-with-setting-child-on-fire


A teen in Missouri poured gasoline on a 10-year-old boy, and proceeded to light him on fire. The boy then threatened to murder the young boy's family if he told what had happened. He has been charged with 1st degree assault and was held on bond for $150,000.

How crazy.

Missouri teen charged with setting child on fire

SAVANNAH, Mo. (AP) - A Missouri teenager accused of pouring gasoline on a 10-year-old and setting the child on fire has been charged with first-degree assault.
Seventeen-year-old Joseph D. Gardner was charged Monday in Andrew County court. The St. Joseph News-Press reportsthe 10-year-old child suffered first- and second-degree burns on his face, right arm and in his nose and throat.
The probable cause statement says Gardner threatened to murder the child and his family if he told anyone about the April 15 incident and that after igniting the child, Gardner stood there and laughed.
Gardner has asked for a public defender. Calls to an address listed for Gardner weren't immediately returned Tuesday.
He was being held Tuesday on $150,000 bond.

Friday, April 20, 2012

10 of the cheapest cars of 2012

1. Scion xD for 15,689

2. Kia Rio for $13,560

3. Hyundai Elantra for $15,519

4. Honda Fit for 15,441

5. Ford Fiesta for $13,300

6. Mazda2 for $15,153

7.   Toyoda Yarnis for $14,009

8. Kia Soul for $14,111

9. Hyundai Accent for 16,576

10. Nisssan Versa for $11,093 

Mustang 2014 pics


https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYV7CUrFdx20C6fu1we3rP6oWtwByu9S3qV9jev3f_kr4n02jZQ_vTYqEPJWczlOxGzbKr6YcT-K8hmChdXTAeaEHG6x-ncp8v8t2YMmUEfXwX0gKxkIPnXtCffF9Gsu53UlXjpy0b4eTE/s1600/2014MustangClayModel.jpg


http://mustangsdaily.com/blog/wp-content/uploads/2011/06/01-2014-ford-mustang-rendering.jpg


http://mustangsdaily.com/blog/wp-content/uploads/2011/06/02-2014-ford-mustang-rendering.jpg

I think this are just concept pictures but...


4 tax tips for mutual fund investors

http://www.google.com/hostednews/ap/article/ALeqM5glRJkPJtrReYFw_P7AJw0D-YHhUA?docId=5b18459b35164160bae2b47debe3b3ea

1. PUTTING THE RIGHT INVESTMENTS IN THE WRONG ACCOUNTS

2. CHOOSING HIGH-TURNOVER FUNDS

3. FAILING TO CONSIDER TIMING

4. FAILING TO WATCH FOR HIGHER RATES

Credit card budgeting is difficult

First do a household budget, make sure you have enough money in the bank to pay the monthly bill off, and make sure you aren't spending it if you don't have the money to pay that bill. Use the higher rate cards that give you a certain amount of time to not have to pay intrest, because then you can pay it off without any interest and only have lost the money you spent on that.

Pin Money: How Pinterest Helps You Spend Less and Save More

This woman wrote about how Pinterest has helped her save money with all of its DIY projects and ideas for repurposing objects. She redecorated her home with personal and inexpensive ideas from Pinterest and uses ideas on the site to reuse objects she ordinarily would have thrown away. Go Pinterest!

Teen committed 4 armed robberies in 2 weeks, police say

http://www.wcnc.com/news/crime/Teen-accused-in-4-Charlotte-armed-robberies-arrested-148124125.html

Tony Humphrey from Charlotte is being charged for 12 felony charges and 4 armed robberies in the last couple weeks. One location was Sonic, two financial corporations and one auto part store.

Wednesday, April 18, 2012

Ford Mustang's new European look: A big mistake?

Some think that with Mustang remodeling to make their cars look more European, Mustang will go downhill fast. Supposedly, people will not like the new aspect that changes it from a muscle car. They also say that it is focused toward baby boomers and that the newer generations will not like this new design.

Frugality Fatigue Spurs Consumers to Spend More

People are tired of being frugal and have a little more money in their pocket, they are going back to buying Estee Lauder. Spending more in restaraunts.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/13/BUP91O320U.DTL

Financial Reality

http://rockrivertimes.com/2012/04/18/free-teen-financial-reality-fair-april-21/

Rockford, Illinois is having their 5th annual Money Smart Week where teens are invited to a "Teen Finanical Reality" seminar. This event week is hosted by the Chicago Federal Reserve.

How the Hunger Games Explains This Year's Low College Acceptance Rates

The Hunger Games movie opened to over $152 million, the highest grossing movie opening of all time for a non-sequel but this is actually inaccurate. Factoring in inflation, Gone With the Wind still has the highest grossing box office numbers of all time, not the Hunger Games. This article is saying that the same principle applies to college acceptance rates. Colleges are receiving an all-time high number of applicants and their acceptance rates are technically still the same but because the number of applicants increased, it seems like the number of kids they are accepting is decreasing. The article says not to panic and apply to loads of schools because colleges look at how passionate you are about being at the school from your application and you'll get rejected more if you are only applying so you can be accepted somewhere.

Free Teen Financial Reality Fair April 21

Rockford's 5th annual moeny smart week is hosting a free teen financial reality fair on April 21st for teens ages 13-18. It will be from 11:45 a.m. to 2:30 p.m., Saturday, April 21, at the Rockford Public Library East Branch, 6685 E. State St. Learn how to budget and spend your money. There's free pizza and soft drinks. First 50 only. This is one of 85 or more free classes. I believe it may be in Illinois.

Uber Experimenting With Taxis

The company that brought on-demand "taxi" service in San Francisco, Seattle, Chicago, and New York is now experimenting with a new taxi service. After raising $32 million they are launching Garage in Chicago which will not as expensive as their current service.

Read more: http://techcrunch.com/2012/04/18/uber-experiments-with-lower-priced-taxis-in-chicago-through-newly-launched-labs-group-garage/

The world's most expensive one-bedroom condo?

This lavish $22 million, one-bedroom condo in Japan is larger than many single family homes.The sellers, who purchased it new in 2004, have spent 1 1/2 years renovating it, with custom furniture by Ceccotti Collezioni (not included), a painting made on-site by artist Hiroshi Senju, and imported Italian stone and wood for the walls, floors and doors.

Louisiana Schools Told to Budget Wisely.

http://theadvocate.com/home/2597355-125/lafayette-school-board-told-budget

A school in the Lafayette Parish of Louisiana (where I'm from~) is expected to end the school year with an estimated $103 million in tax revenue. A district official reminded the school board to budget the money wisely.

Lafayette School Board told: Budget wisely

http://theadvocate.com/home/2597355-125/lafayette-school-board-told-budget

Lafayette Parish School Board is expected to end 2012 with a record $103 million in sales tax revenue. But members are being told to spend wisely still. This money goes to teacher and administration salaries as well as education programs. This also goes towards buildings, renovations, and other updates.

the Trojan Horse Computer

The Trojan Horse Computer is being sold in underground forums. security researchers found the advertisement. but can find the seller or protential buyers.

This computer is also known as a RAT. this computer hacks into large servers were stored credit card numbers are commom (hotels for example). Malware writers often repackage their malicious installers with new algorithms in order to evade signature-based antivirus detection (hint: trojan horse).

Model question mark

http://www.sunderlandecho.com/news/local/teenage-beauty-wins-miss-amore-1-4456212#

so basically this girl is into modeling and stuff and has been on TV in mags and all that but she going for miss England. But I think how it got in the finance is cause she is taking a bunch of fiance classes. But she is miss amore...

Monday, April 16, 2012

http://lagunaniguel.patch.com/articles/local-moms-teen-drug-documentaries-headed-to-newport-beach-film-festival#photo-9599421

Some local mothers made films called "Overtaken" and "Behind the Orange Curtain" about the dangers of prescription drug abuse by teenagers. Their films will be premiered at the Newport Beach Film Festival.

Frugal Parenting: 5 tips for effectively sharing your hobby with your child

1.  Dont worry about buying things for their tiny hands
2.  Try and teach them what to do without becoming impatient
3.  Encourage them to add their own spin or expertise to the hobby
4.  Don't be afraid to let them use your stuff just make sure they handle with care
5.  Display their achievements

Budget Cuts Have Autistic Teens Facing Uncertain Futures~

http://www.thecamarilloacorn.com/news/2012-04-13/Front_Page/Budget_cuts_have_autistic_teens_facing_uncertain_f.html


There are an estimated 800,000 children and teens with autism in the United States. As they age out of the school system, they lose essential funding and therapies that schools provide. They will have to find other ways to get financial support, services, and resources that they need to live a long, healthy life. Budget cuts along schools and other resource centers are causing autistic teens and their parents to be even more concerned for their futures.

A First Draft of 2012 Admissions Decisions at Dozens of Universities

Colleges are getting more and more selective and this article gives rough numbers of applicants, accepted students, wait listed students, denials, etc. A lot of Ivy League schools are now accepting less than 8% of applicants, Harvard only accepted 5.9%. The sheer numbers are incredible. Out of tens of thousands of kids, schools are only accepting a few hundred to a few thousand. University of Southern California had over 46,000 applicants and only accepted about 8,000 of them. Julliard only accepted 191 kids.

Granny 'Drug Kingpin' Busted in Oklahoma

Silver haired-73 year old granny Darlene Mayes was fround to be a drug king-pin earlier this week. When police entered her home they found 4 pounds of pot and $276,000 cash. She had originally said it was part of her retirement fund. Police say when they entered she was packing a semi-automatic pistol and a revolver. 

4 concerns for Apple

http://finance.yahoo.com/blogs/breakout/4-long-term-concerns-apple-161028154.html

1. Apple is going more proprietary on Chips


2. Flash margins will suffer if the chip customers become competitors


3. The end of iPhone subsidies.


4. Competition

Is Your Grandma A Drug Dealer?

Darlene Mayes looks like many grannies, but according to police she is one of the biggest Drug Kingpins in Oklahoma. Earlier this week when police entered her home they found 4 lbs of pot and $276,000 dollars in cash. She was also packing a semiautomatic and a revolver.

OUR OPINION: Something new to pay for college

http://www.grandforksherald.com/event/article/id/234544/
Instead of having a tuition, UC students propose that admission be free and instead each individual would pay 5% of their annual salary for 20 years back to the school for their education. Ensure every single students pays, burdening every single student, even the rich ones. This creates an even playing field and would remove federal funding. I'm 50/50 on this issue. I'm all about being debt free. This also removes scholarships and grants and the like. In my eyes tuition cost would almost certainly skyrocket because you would be locked in for 20 years with no way out by a job and time. So bums with no job would not have to pay for their education. In that case, just wait 20 years and then get your high powered job.

Chartbeat Closes Series B Funding

Chartbeat is a start-up company that provides real-time analytics for websites. Just recently, they have closed series B funding raising more than $9.5 million bringing their total up to $12.5 million. Also, they have redesigned their interface to give users an easier view of their metrics.

Read more: http://techcrunch.com/2012/04/16/chartbeat-redesign-series-b/

If You Should Keep Your Credit Card Or Not

Deciding whether or not to keep a credit card should be based on your financial goals and not your credit score. If you are wanting to use your money on dept you want to pay down like your house, a vacation, or a retirement plan, you shouldn't keep having to pay for the monthly credit card payment. If you are wanting to apply for a mortgage or car loan, then you should keep the credit card.

Disrespectful Teens.

http://www.mothering.com/community/t/1350685/teen-being-disrespectful

From this mothers rant, you can teel how times have changed. Her kid won't even brush his teeth. He has braces and money on the line and still refuses to brush his teeth. Kids nolonger listen to their parents, it's rude.

Next World Bank President

Amaerican Jim Yong Kim has been elected to be the organization's next president.

Progressive lowers rates

http://www.marketwatch.com/story/progressive-lowering-auto-insurance-rates-in-west-virginia-2012-04-16

Progressive is loweing there rates since conditions will allow to do so in virginia..

Progressive Lowering Auto Insurance Rates in West Virginia

http://www.marketwatch.com/story/progressive-lowering-auto-insurance-rates-in-west-virginia-2012-04-16

Progressive Car Insurance is lowering their auto insurance premiums in West Virginia. They already give great savings with Name-your-price-tool. It is also interesting that Progressive was the first auto insurance to sell online.

Thursday, April 12, 2012

Personal Finance for Kids

http://www.prweb.com/releases/2012personal-finance/for-kids/prweb9395014.htm



The National Financial Educators Council announces the personal finance for kids programs (PK – 2nd Grade) is launching April 30th to help instructors teach kids about money.
The strategies used will be sing-a-longs, books, training and support.
http://www.npr.org/2012/04/10/150351862/teen-jobs-offer-more-than-spare-cash-expert-says

Teens between the ages of 16 and 19 who are looking for jobs can't find one. Teens nowadays aren't looking for just 'spare cash', the money they earn is being used to support themselves and their families.

What's wrong with the 'Buffett rule'

This article, in basic, is about the "buffet rule" that will make millionaires have the same tax rate as everyone else to ensure that everyone is equal. This is good, but the general consensus was to simply raise taxes altogether.

I shop, therefore I am.

http://www.huffingtonpost.com/emma-the-emma-edition/i-shop-therefore-i-am_b_1418377.html?ref=style&ir=Style

Thrift shopping can save you money. It might even be frugal. Buying worn clothes from the thrift shop or ARC can save you hundreds of dollars when you might even be wearing your style. Try it out!

8 Forgotten Credit Card Perks

These 8 "forgotten" credit card perks are purchase protection, return protection, extended warranty, price protection, auto rental collision damage waiver, zero liabilty, concierge services, and free currency conversion.

Why a Budget Could Cause You to Spend More

The article was about a study conducted at Emory University.  The study found that people were more likely to buy high quality, high priced items if they had a budget, whereas people without a budget had lower priced items without unnecessary features. The reason for this is that when there is a budget set, people tend to focus on items near the top end of their budget and ignore the better value items below their set budget. The article said that this attitude could also cause potential homebuyers to buy more house than they need.

IP Puts Privacy First

A new internet service, Calyx, is starting up and needs funding. Their goal is to get a $1 million in funding to start doing business. Nicholas Merrill is the mastermind behind the new start-up, in which he says will put privacy first. He will even provide some legal services to customers if their rights are being violated. They believe internet will start $20 per month.


Read more: http://news.cnet.com/8301-31921_3-57412225-281/this-internet-provider-pledges-to-put-your-privacy-first-always/

Last-minute tax tips for procrastinators

http://www.kypost.com/dpp/money/personal_finance/last-minute-tax-tips-for-procrastinators1334250915002
1: Don't rush-you may miss simple savings or mess up simple math.
2: Contribute to an IRA to get a deduction
3: If nothing has changed, do it yourself and save some money. If something major in your life has changed-seek help.
4: If you think you're going to miss it, ask the IRS for an extension now. That gives you til Oct. 15th.
5: If you owe taxes you can pay up until the 17th.

Teen Jobs Offer More Than Spare Cash, Expert Says

http://www.npr.org/2012/04/10/150351862/teen-jobs-offer-more-than-spare-cash-expert-says

25% of teens between ages 16 and 19 cant find work. The problem with this is that many teens dont learn important life skills, also they sometimes cant support their family.

Good tips for teens?

Good ways to start good financial teen habits...
*income: treat there allowance like an income and make them deposit 10% into a bank account before any of it is spent.
* save 10% of all income and can maybe retire before 45
*any money gifts the teen gets should also have 10% taken out
*donate another 10% to charity of your income
*another 10% in educational fund
*20% in fun category
*Make them pay for there own stuff

Tuesday, April 10, 2012

Teen Steers School Bus to Safety When Driver has a Heart Attack

a middle schooler saved his classmates when he took over the steering wheel when the bus driver had a heart attack.another student performed CPR as students called 911. thanks to the students quick thinking the bus driver is in the hospital, although still suffering due to his heart condition.

Number of Teen Parents Declines~

http://www.wgme.com/template/inews_wire/wires.national/2542b880-www.wgme.com.shtml

The rate of teen mothers has dropped 9% since 1940 from 55 per 1,000 teen girls to 34 per 1,000 teen girls. Since 1991, the overall rate has dropped 44%. Hopefully, as time goes on, that number will keep going down!

Teens Still Texting and Driving

http://www.ksdk.com/news/article/315059/3/Survey-Teens-still-texting-and-driving

A survey was taken, and it shows that only 43% of teenagers said they have NEVER texted while driving, leaving a 57% majority to the teens who do text and drive. On the show Glee, a girl was texting and driving and got blindsided for a truck. Even though social media tries to discourage it, it doesn't seem to be on a big enough scale to really influence kids.

Fake IDs

In Iowa, police are focusing on fake ids. They discovered the amount of them are increasing so they are searching them out and doing some questioning. An officer might take your ID and ask you questions, like your name, date of birth, address. It is not uncommon for one to memorize this information, however police have realized that they will get everything right but not the zipcode. This tells the cops that its not real. Also, they will look very closely at the photo on the ID, some are very noticable that they are fake, but they are getting smarter and making them look more like the person who's hand they are in. Restaurant owners have also noticed an increase of Fake IDs being used in their restaurants. Because of this, Police and Restaurant owners have decided to extensively train the bar tenders to look and search for fake IDs.

Facebook+Instagram=Facegram

Facebook Buys Instagram For 1Billion dollars.

Families Discover Creative Ways to Save Big Money

After losing their business to the recession, one family decided to save money by moving out of their 1500 square-foot, 3-bedroom house and into a 168 square-foot home. Their home is small and insulated, allowing for an electric bill of around $40 per month. It is easy to see how this strategy helps to save big in this recession.

Teens still texting and driving, survey says

The article says that April is Destracted Driving Month.From State Farm, Harris Interactive says just 43% of teens between 16 to 17 say they have never texted while driving. 76% agree that someday they'll be killed by driving and texting while 93% agree that they will get in a car accident from texting and driving.

7 Worst Credit Card Habits

  • Paying Late
  • Paying only the minimum
  • Co-signing for a credit card
  • Letting someone else use your credit card
  • Robbing Peter to pay Paul
  • Too many credit cards
  • Cancelling all credit cards

Bus incident

http://farmingtonhills.injuryboard.com/mass-transit-accidents/teen-steers-school-bus-to-safety-when-driver-has-a-heart-attack.aspx?googleid=299844

When a bus driver had a heart attack a student took the wheel and pulled it over to safety. No kids were hurt but the driver is in grave condition. They than go on to say how we should be teaching kids what to do in a bus emergency. Many do not know what to do beside the bus drills they do when they take you and have you exit the bus. They also say they should be teaching CPR...

Teen Steers School Bus to Safety When Driver has a Heart Attack

A middle schooler steered a bus to the side of the road and pulled the keys out of the ignition when he saw the bus driver not being able to breathe and passing out. Another student then performed CPR on the bus driver.The question this incident raises is whether or not students should be trained in CPR and emergency situations. Every student could learn to shut off the bus, open the bus doors, and perform CPR. Schools should teach children useful things.

ETFs: Pros and Cons

An article on NPR gives the pros and cons of ETFs. Some pros of ETFs are they are easy to get into and have a tax advantage. Cons of ETFs are the security. The major thing mention is that it is best to diversify.

Read more: http://www.npr.org/local/stories/KPLU/150340986

Facebook preparing for IPO

They are thinking May 17th or 24th will be the date of said event and will begin trading the day after. It's expected to be super high, but there was no pinpoint listed. They are going to be trading through NASDAQ.

http://www.cnbc.com/id/47006614?__source=yahoo|headline|other|text|&par=yahoo

Car Loans Lead Consumer Borrowing

http://www.npr.org/2012/04/06/150148187/car-loans-lead-consumer-borrowing
The Associated Press says that Americans took out more loans to buy cars and attend school in February but used their credit cards less frequently for the second straight month.
The Federal Reserve said Friday that consumers increased borrowing by $8.7 billion, the sixth straight monthly increase. This could be an indication of forward thinking in Americans in 2012 and/or a slight lift in long term economics within our county having to do with intesterst rates. Now is apparently the time to borrow.

Stock Market today

selling pressure deepened this afternoon with data showing a decline of confidence in small businesses, and growing trepidation about spains economic stability.

Bus incident

http://farmingtonhills.injuryboard.com/mass-transit-accidents/teen-steers-school-bus-to-safety-when-driver-has-a-heart-attack.aspx?googleid=299844

When a bus driver had a heart attack a student took the wheel and pulled it over to safety. No kids were hurt but the driver is in grave condition. They than go on to say how we should be teaching kids what to do in a bus emergency. Many do not know what to do beside the bus drills they do when they take you and have you exit the bus. They also say they should be teaching CPR...

U.S. may require banks to provide more information on mortgages

http://www.latimes.com/business/la-fi-bank-rules-20120410,0,7307695.story

The federal government is considering to have banks provide homeowners with more — and clearer — information about their mortgages. This is to help home owners understand more clearly their mortgages, as well as avoid foreclosures.

Friday, March 30, 2012

Forclosed

http://www.zillow.com/homedetails/385-Cholla-Dr-Loveland-CO-80537/82028832_zpid/

The house I found seems to be a decent one. The bid on it was $269,212.81, while Zillow estimates that it is worth closer to $234,500. If I planned on having 4 kids one day this would probably be a pretty good call, as it has 5 bedrooms and 3 bathrooms. The guy who bought it found himself with $269,413.26 in debt after a $200.45 Deficiency.

Foreclosure Opportunity

I found this house located at 1041 Cypress Drive, Fort Collins, CO 80521. The opening offer starts at $47,698.05, and the houses worth is estimated at $174,000. This house is located west of CSU making CSU fairly easy to get to. You can get get a 10 year fixed loan of $48,000 and expect to pay about $500 a month.

Forclosed House

http://www.zillow.com/homedetails/128-S-Monroe-Ave-Loveland-CO-80537/13891044_zpid/

this house has 2 bed 1 bath and is a smaller size like I like. It's in or close to Downtown Loveland. It has a tree in the front yard too. A little part of a fence too. It looks nice inside and out. The only problems might have to do with heating or cooling from what I can see. Maybe lead paint too sense it's pretty old. That's about it.

Foreclosure House

http://www.zillow.com/homedetails/9028-Smoke-Signal-Way-Wellington-CO-80549/67162372_zpid/

Forclosure Opportunity

I found this house at 12905 Palomino Place, Wellington, CO 80549 offered at opening bid price of
$195,334.75. Zillow has a Z-estimate of $219,600.00. It is out near Owl Canyon and just west of I25, and has a little bit of land with it, almost 2 and a half acres. For what I want to do, this piece of property would be perfect. Neighbors aren't too close, but are still there. If I was wanting to settle down, this would be the perfect family house with 3 beds and 2 baths. I could also have the amount of stock that I wanted and would be near my vet. The commute would not be too bad, but a job in Wellington would be preffered. A small town is where I want to be, and Wellington is a great place to be.

foreclosed home

http://www.redfin.com/CO/Fort-Collins/2044-Falcon-Ridge-Dr-80528/home/35096772
2044 Falcon Ridge Drive, Fort Collins, CO 80528
Ranch style home built in 2002. 2 bed, 2 bath. 2,436 sq feet. $205k asking price on redfin. Foreclosure #: 2011-0953
bid- $172,000.00 

Forcloser Opportunity

I found this house at

LOT 8, BLOCK 9, ARBOR MEADOWS SECOND SUBDIVISION TO THE CITY OF LOVELAND, COUNTY OF LARIMER, STATE OF COLORADO.1491 Chickadee St., Loveland, CO 80537. The lenders bid amounts opening big is at 124,900.00 and in zillow the prices are hovering around 170-180k for the houses in that sub division. I think this would be a great opportunity to get a great deal on this house.

Foreclosure opportunity

I found this house at 6809 Brittany Dr, Fort Collins, CO 80525 offered at opening bid price of $134,000.  Zillow has a Z-estimate of $175,000 and it is a very nice neighborhood on Ft Collin's SE Side of town. I think this would be a great opportunity if I was close to graduating college and planned to stay in the area or if I could attend CSU/FRCC and rent out to my friends- With 2 renters each paying $400 ea, I could exceed the mortgage payment of $592 and would become "Cash positive" - dd 

Foreclosure in Fort Collins

I found this house in foreclosure in Fort Collins for $292,000.. It is a 3 bed, 2.5 bath, 2600 sq ft in a neighborhood of $300,00-$500,000 houses. Zillow has it listed below the opening bid at $281,000. Nice property near Robert Benson Lake. I think it wouldb e agood investment property. Buy it at this low, low price and turn around in a few months and sell it for $360,00 or so to match the neightbors. That would be a decent way to make $70,000 or $80,000. Rent Z Estimate is $1500/mo.

Foreclosure opportunity

I found this house at 385 Cholla Drive, Loveland, CO 80538 offered at $269,212.81. Zillow's Zestimate is $234,500. It is a five bedroom, three bath house. The property is valued at $300,000. The lot size is pretty decent. I don't think I would buy it because the Zillow Zestimate is lower than the initial bidding price.

zillow

http://www.zillow.com/homedetails/1208-Patricia-Dr-Loveland-CO-80537/13890764_zpid/




This 1282 square foot single family home has 3 bedrooms and 1.75 bathrooms. It is Zestimated at $161,700, and the opening bid is about $136,000.




http://www.zillow.com/homedetails/1609-Jackson-Ave-Loveland-CO-80538/13884478_zpid/




This is a older house, but is at $90,000 and last sold a few years ago for about $150,000

Foreclosure Home


Foreclosure: #:
2011-0907
The Grantor:
J.F. Baird and Bonny K. Baird

Street Address: 845 Langdale Drive, Fort Collins, CO 80526

Lender's Bid Amount:
$50,000.00 
Deficiency:
$105,023.88 
Total Indebtedness:
$155,023.88




This is a 4 bedroom, 3 bath home with 2,240 square feet. It was built in 1993 and is in Clarendon Hills.

(This home is now off the market)