Posted by: John S Kiernan The release of each new iPhone model is a big-money occasion. Not just for Apple, the world's largest company by market capitalization and a new Warren Buffet favorite. But also for consumers, who will reportedly be asked to shell out up to $1,400 for the new device at a time when credit card debt is approaching record highs....
In Partnership with TransUnion. Just a few years ago, I had around $40,000 in student loan debt. I hated having my student loan debt hang over my head. I received my first bill for my student loans right after I graduated with my MBA, and it was for several hundred dollars a month for around a decade. The thought of paying such a large...
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After gaining 12 lbs during my freshman year in college, I had to spend $35 to buy a pair of new jeans. $35 might not sound like a lot to you, but it was a lot to me at the time because I only made $4/hour working at McDonald’s. Wasting 10 hours of my life because I couldn’t resist the buffet line pissed...
Posted by: Adam McCann Visa Signature benefits include rental car insurance, roadside dispatch, extended warranties and special hotel discounts. Visa Signature benefits are also better than the perks on standard Visa cards, but they’re not as good as those on Visa Infinite cards. Almost any Visa card can be Visa Signature, depending on your overall creditworthiness and the credit limit you’re approved for....
How do you feel about spending and budgeting? Depending on your answers, you’ll either choose a secured credit card or a prepaid card. So, which is better for you? If you’re trying to build or rebuild your credit, chances are you’ve heard of a secured credit card. But what about a prepaid credit card? Many people think that you can build credit with...
Posted by: John S Kiernan Net demand for allocating to hedge funds is at 28%, the highest in the past 3 years, according to Bloomberg. Currently, there are over $3 trillion in hedge funds. To put that in perspective, only four countries, including the U.S., have a GDP higher than that. Furthermore, the median yearly earning for a hedge fund manager is now...
The all-star food writer Kenji Lopez-Alt decided to open his own restaurant. Then came kitchen snafus, disastrously clogged toilets, and long days away from his young daughter. (Photo: Max Pixel) Our latest Freakonomics Radio episode is called “Why You Shouldn’t Open a Restaurant.” (You can subscribe to the podcast at Apple Podcasts, Stitcher, or elsewhere, get the RSS feed, or listen via the...