Children’s Understanding of Money is Earlier than once thought (as reported by Andrew Oxlade via telegraph.co.uk)

A recent released study by Cambridge University has provided some interesting insight into how and when children learn to understand finance. The age at which these habits develop is much earlier than many might think and will have profound effects throughout their lifetimes. The evidence in support of financial literacy education early in life continues… Read More

Cost of Selling a Home (As Reported by Carla Fried on WSJ.com)

The good news is home sellers are in a better position now than they’ve been since before the financial crisis. The bad news is that most don’t plan enough for the costs that most people incur when going through the sales process. In addition to commission for real estate agents, there are often out of… Read More

Identity Theft: dangers and prevention (as reported by Sheyna Steiner via bankrate.com)

Despite its recent comedic portrayal in the media, identity theft can prove to be a very problematic and even life threatening situation. In this article, victims’ stories illustrate the multiple problems they face and the difficulties of remedying them. Learn the most common ways people put themselves at risk and the best identity theft prevention tips here. Read More

Scams rise after natural disasters (as reported by Paul Wagenseil via yahoo.com)

It is an unfortunately common occurrence—when people are already reeling from a natural disaster, another blow strikes—the scam artist. After many natural disasters, including the most recent Hurricane Sandy, there is a sharp increase in fraudulent activities. This article explains what people should be weary of at this time of crisis—from price gouging to false… Read More