Emily Oster is an associate professor of economics at Brown University and answers readers’ letters in an advice column for Quartz. A recent letter asked a common question that many of us have, “Is it better to rent or to buy?” Emily’s answer was a unique one, and worth sharing. Overall, she says, if the… Read More
UNEMPLOYMENT FAQS (AS REPORTED BY MARIANNE HAYES AT WWW.LEARNVEST.COM)
Unemployment is never the goal. But at some point in our lives, most of us will find ourselves without work for one reason or another. And so it is a good idea to learn the basics of unemployment benefits. The full details of unemployment depend largely on your state, since they are the ones who… Read More
WHEN TO HIRE A FINANCIAL PLANNER (AS REPORTED BY MATT BECKER ON WWW.THESIMPLEDOLLAR.COM)
Deciding whether or not to hire a financial planner can be an important financial decision in its own right. You have to weigh the cost of a financial planner against the potential benefit that they might provide. Going it alone is not always the best decision, because personal finances are complex and difficult to manage… Read More
12 YEARS TO OUT-EARN THE COST OF YOUR DEGREE (AS REPORTED BY AMY X. WANG ON WWW.QZ.COM)
A lot has been written about the cost of a college degree. Tuition costs keep rising, despite a more general plateau in wages for most American workers. The spread between costs and earnings has become so dramatic that debt resulting from school loans has ballooned to become larger even than mortgage debt. So how long… Read More
The Moody’s Foundation Supports W!se Programs at High School of Economics & Finance
NEW YORK, N.Y. – Working in Support of Education (W!se) is excited to announce that The Moody’s Foundation has provided a generous grant to support W!se programs at the Title I High School of Economics & Finance (HSEF) in lower Manhattan. The grant will support the W!se Institute, the Moody’s Summer Experience and the Moody’s Research Center… Read More
TRADITIONAL BANKING IS FOR THE RICH (AS REPORTED BY GILLIAN B. WHITE ON WWW.THEATLANTIC.COM)
Often, when we hear about the problems of access in today’s banking system, we are hearing about developing nations, rural lands without proper infrastructure and technology to support modern banking. But we ignore the fact that for many Americans, the changes in the banking system have been enough to leave them out in the cold… Read More
DEBT COLLECTION EFFORTS SOMETIMES BREAK THE LAW (AS REPORTED BY KELLI B. GRANT ON WWW.CNBC.COM)
Many Americans at one point or another will go into debt. It’s a slippery slope and some are unable to dig themselves out of debt quickly enough to avoid the eventual harassing calls from debt collectors. In fact, as many as one third of all consumers have received one of these calls in the last twelve… Read More
MAKING MONEY HABITS STICK (AS REPORTED BY JULIA CHANG ON WWW.LEARNVEST.COM)
We all know we can do more to improve our finances. There are new habits we can implement. The hard part is not in identifying what to do, it’s in sticking with those new habits so that they will have the kind of positive impact they are meant to. There are several ways that you… Read More
Assemblywoman Nily Rozic to Keynote w!se Breakfast Club
NEW YORK, N.Y. – On Friday, February 24, 2017, Working in Support of Education (w!se) will host its annual Breakfast Club to honor w!se volunteers. The event will take place at Deutsche Bank, 60 Wall Street, from 7:45 am – 9:30 am. Queens Assemblywoman Nily Rozic, a w!se Quality of Life INNOVATIONS alumna, will deliver… Read More
HOW MUCH MONEY DO YOU NEED TO RETIRE? (AS REPORTED BY WALTER UPDEGRAVE ON MONEY.CNN.COM)
Too many of us don’t know exactly how much money we will need in order to retire worry-free. Chances are, even after you retire you won’t be sure you have enough. Here’s a simple way to tell. Create a realistic budget based on what you are spending now. Then start to make modifications based on… Read More