Word: moneyitis
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...promising example of new thinking is found on Chicago's South Side. At the Ariel Community Academy, financial education starts in kindergarten with books like A Chair for My Mother (the moral: if you want to buy something, save money first) and quickly becomes hands-on. Each entering class at Ariel - a K-8 public school that has partnered with a local money-management firm since the mid-1990s - is entrusted with a $20,000 investment portfolio, and by seventh grade, kids are deciding what to buy and sell (profits help pay for college). Last year, for the first time...
...those expensive name-brand sneakers so badly? "It takes confidence to take a stand and to think differently," says Jeroo Billimoria, founder of Aflatoun, a nonprofit whose curriculum, used in more than 30 countries, aims to help kids get a leg up in their financial lives. "This goes beyond money and savings...
Unemployment benefits keep money in the pockets of workers who are out of a job through no fault of their own. It's a safety net - with broad support in both parties - that also boosts the broader economy by keeping consumer dollars in circulation. In normal economic times, workers typically receive, depending on the state, up to 26 weeks of benefits, with the possibility of a 13-week extension. Following extensions passed under Presidents George W. Bush and Barack Obama, jobless benefits can now run as long as 99 weeks - nearly two years. During the 1982-83 recession, the longest...
...hardest job in the world. It takes too long and doesn't pay well enough. After he directed his first movie, Bob Hoskins said it was like being pecked to death by penguins. Bill Murray said it's seven times more work for the same money. I love the collaboration. I love to work with a director. That's the fun part...
...It’s not a great time of huge new money to do things,” Davis said, listing the $3.9 million shortfall in the school budget as an example. “It doesn’t mean you can’t reallocate, but money isn’t growing on trees right...