Sure, the idea of sitting on your couch in your boxers and picking a loan from a list of preselected lenders seems like an easy and fairly straight-forward process. But federal officials say the relatively new online lending industry is rife with potential risks and should be subjected to additional oversight. [More]
When Americans travel, our money goes with — and not just in a metaphorical sense. Where people go, coins get left behind. Meanwhile, the pennies we drop at home get swept into trash heaps and scrap yards, falling out of sight and out of mind. But that doesn’t mean they don’t exist — and even if they’re beat up, it doesn’t mean they lose their value.
What would you do if you saw cash fluttering from an armored vehicle while driving down the highway? What you are not supposed to do is scoop up handfuls of money and then drive off. Yet that’s what usually happens, because people are terrible and greedy. It’s what happened in New Jersey this morning.
United Airlines CEO Oscar Munoz returns to work on Monday only two months after a heart transplant. Was the airline exec’s speedy recovery spurred by a desire to get back to business, or did Munoz return earlier than planned because it was the only way to earn his full bonus?
Improving your finances doesn’t always require a big investment. Sometimes a single phone call or a small tweak are all you need to improve your financial future or present. Looking for some ideas as you change to your new “366 Kitten Photos” desk calendar? Here are some ideas from our financial friends down the hall at Consumer Reports to get you started. [More]
A 73-year-old man in Louisiana did not originally start saving all of his pennies as a fun personal finance hack. He says that he began the habit 45 years ago as a reminder to pray every day. His collection grew with the help of a friend who had a similar collection of nickels and by simply holding on to every penny that passed through his hands. [More]
Local Official Thinks It’s Uncool To Pay $25 Parking Ticket In Pennies, But Affirms Man’s Right To Do So
A Pennsylvania man who was rebuffed when he tried to pay a $25 parking ticket he owed to his borough entirely in pennies should’ve been able to use those coins, a local official said, but really, it was kind of rude for him to do so.
Although we won’t find out which historic woman the U.S. Treasury Department will choose for a new $10 bill until later this year, a new poll says Americans already know who they want sharing face time with Alexander Hamilton: The nation’s longest-serving first lady, as well as an activist, diplomat and politician, Eleanor Roosevelt.
It sounds like a dream come true: the doors of an armored truck fly open, and cash comes flying out, all over the road, just begging to be scooped up by passers-by. But even when dreams become reality, that doesn’t mean loose money is free money, which is why police in Baltimore are asking the public to return cash that spilled from an armored vehicle earlier this week.
In the past, Consumerist has reported on several employees who could certainly take the title of worst employee at Walmart: the man arrested for stealing cash from a customer and food from the company’s deli, the woman who allegedly stole $10,000 in cash and gift cards while working as a cashier, or the long-time employee who stole $250,000 over several years. Today, we add another candidate to the list: an Oklahoma store manager who allegedly conspired to help another man steal $78,000 from the store. [More]
Airbnb launched a new tool Thursday that aims to help owners of properties make the most money possible. Price Tips will create continuous suggestions for pricing based on metrics such as demand for rooms, local events and rental prices for hotels in the area. The company claims that owners who price their property within 5% of the suggested amount are four times as likley to attract a renter. [TechCrunch]
For all those times you’ve wished it would suddenly start raining money, the odds are you haven’t been that lucky… yet. The lunchtime crowd enjoying the great outdoors in Grand Rapids, MI enjoyed a fleeting brush with unexpected fortune when a mysterious drone flew over head, dropping cash as it flew.
You don’t have to look in your wallet to know that no paper U.S. currency features the face of an American woman, but one lawmaker wants that to change sometime soon: Rep. Luis Gutierrez urged Congress today to vote on a bill he introduced last month that would change the face of money as we know it, literally, by putting a woman on the $20 bill.
Today is the day we pause to reflect on everything our mothers have given us, from kisses on scraped knees and comfortable laps to sit on, to financial wisdom that has the power to stick with us through adulthood. We asked you to share the personal finance tips your mother imparted to you, because hey, sharing is caring and she’d probably approve.
When I was in first grade, the lunch lady at my school informed me that my parents had overpaid for my meals for the month, and sent the extra money home with me, as I remember it. I took it to my mom, who said that everyone should have a bank account, and that we could use that $18 or so to start one for me. And to add to that — she said that moolah could grow to a larger amount all by itself through a magical thing called “interest.”
All those pennies, nickels, dimes and quarters we leave behind while dashing through airport security certainly add up. In fact, the Transportation Security Administration pocketed almost $675,000 last year because we were in too big a rush to pick up our loose change. [More]
Imagine you’re a struggling business that will soon have to shutter your doors after failing to make enough money to survive. Wouldn’t you keep any money you do have left wrapped warmly in your embrace, tucked close to your heart, or somewhere else super safe? And not say, on the roof of an armored truck where it can, and will, slide off and be lost? [More]