How Much Do Olympic Athletes Earn? Unless You're Michael Phelps, Not Enough

Watching the 2008 Olympics, I began to wonder how much Olympic athletes earn---if anything---for competing in the games. After all, training for the Olympics (never mind competing) is at least a full-time job. The answer surprised me. … [Read more...]

I'm Off For a Week

I just wanted to drop everybody a note to let you know that I'm leaving tomorrow for a week in Croatia and Bosnia, and won't be posting for that time. I may be able to get up a couple of guest posts next week, but I can't promise it...so my apologies … [Read more...]

Do You Have a Financial Role Model?

This is pretty neat: I received an invite for a contest for a VIP pass the World Business Forum. The September event in New York includes talks by Tony Blair, Colin Powell, Madeline Albright, Jack Welch, and Muhammad Yunus, and the contest is … [Read more...]

Are Europeans Better- or Worse-off Financially than Americans?

Imagine paying a high tax for owning a gas-guzzling SUV, enjoying six weeks of paid vacation each year, or giving half of your paycheck to the government. In this guest post, Emily Starbuck Gerson, of the CreditCards.com blog Taking Charge, describes … [Read more...]

Financial Tips for Your First Job Out of School

The New York Times recently published an excellent financial primer for recent graduates accepting their first full-time job. The gist of the article is simple: even if you're only 22, don't neglect health insurance, taxes, and your retirement. … [Read more...]

Should You Take Financial Help from Your Parents?

Yesterday being father's day, I was thinking about the often controversial topic of twenty-somethings receiving financial assistance from their parents. If your parents offer financial help, should you take it? And how? … [Read more...]

Financial Gifts: The Etiquette of Giving and Receiving Money

As a kid, did you ever have a relative that sent a check – or cash – for your birthday? While cash can’t always replace a thoughtful gift (avoid giving $100 bills as an anniversary gift, for example), there are times cash money is the most … [Read more...]

Review of the College Grad Money Guide

Jim over at Blueprint for Financial Prosperity recently announced a free e-book called the College Grad Money Guide. Since the e-book's topic is right up my alley, I had to take a look. … [Read more...]

Do You Need Health Insurance in Your Twenties?

According to US Census Data, Americans in their twenties are the least likely of any age group to have health insurance. Even if you are young, healthy, and poor, is going without health insurance an acceptable risk or just plain stupid? … [Read more...]

Recent College Graduate Gets Everything for Free

A Florida college graduate is claiming he will never have to pay for anything again. Not his groceries, not his car, not his rent, not even his secret daily Big-Mac habit. (His girlfriend, a personal trainer, disapproves). Carl Bishop, 23, told … [Read more...]