Category: In The News

Understand Janet Yellen’s Inequality Speech Part 1

Understand Janet Yellen’s Inequality Speech Part 1

You’ve seen it in the newsfeeds, discussed on the news programs or perhaps had conversation about it over a cup of coffee. It is about the speech Chair of the Federal Reserve Janet Yellen gave on inequality and opportunity on October 17, 2014.  As with many news items, it will eventually drop off the newsfeed […]

October 22, 2014 | By More
Warren Buffett Supports Kids Financial Literacy

Warren Buffett Supports Kids Financial Literacy

For those of us in the financial literacy community, we talk a great deal about introducing financial education to kids early in life. We have had conversations on this topic right here at MoneyBasicsU. When I read an article that highlighted the work Warren Buffett is doing with young people and entrepreneurship, part of that […]

August 25, 2014 | By More
Is Private Student Lending Going Down?

Is Private Student Lending Going Down?

Today is going to be a short Post, but an important one.  Frankly, it reinforces the point I make in much of my writing about money smart consumers keeping informed on issues to monitor trends.  There is a paradigm shift occurring in how college education is going to be funded and how students are going […]

September 13, 2013 | By More
Stats Behind the Bank Failures Since 2007

Stats Behind the Bank Failures Since 2007

Back in July 2013, I was browsing the Business section of the Chicago Tribune and read a notice that MB Financial Bank was going to purchase Cole Taylor Bank.  As a $680 million merger and acquisition deal, as of this writing, MB Financial will now become the fifth largest bank in Cook County, Illinois.  On […]

August 7, 2013 | By More
Financial Literacy Day on Capitol Hill: 2013

Financial Literacy Day on Capitol Hill: 2013

There are just some places I’d like to visit but haven’t had the chance to yet.  Washington D.C. is one of those places.  The astonishing history to be experienced and, as a photographer, I could see myself spend a lot of time looking at the historical monuments from behind my camera.  The truth be told, […]

April 2, 2013 | By More
The Bill and Melinda Gates Foundation:  A Lesson in Partnership

The Bill and Melinda Gates Foundation: A Lesson in Partnership

Yesterday I mentioned an interview Fareed Zakaria had on his program (Fareed Zakara GPS, CNN) Sunday, February 3, 2013 with Chairman Bill Gates of Microsoft Corporation.  I have to tell you, I appreciated that Mr. Gates brought a positive perspective to the conversation in particular to the topic of innovation and education. In fact he […]

February 5, 2013 | By More
Happy Birthday Income Tax:  100 Years Old!

Happy Birthday Income Tax: 100 Years Old!

One form of exercise at home I really enjoy doing is riding my recumbent bike.  Living in a winter location doesn’t allow me to bike outside twelve months of the year.  So, it makes a great compromise to literally sit back in the warmth of my home and vigorously bike on a daily basis.  The […]

February 4, 2013 | By More
Mortgage Reform 2013:  The Ability to Repay Rule

Mortgage Reform 2013: The Ability to Repay Rule

There are certain events in your life you always remember.  Signing the documents for my first mortgage was one of those moments.  It was a spring morning, and an attorney friend of mine was kind enough to come to the closing and review my documents before my final signature.  Two things stand out in my mind:  […]

January 16, 2013 | By More
What is the Fiscal Cliff?

What is the Fiscal Cliff?

For those of you who live in the Midwest, you’ll appreciate what I’m about to say.  Midwesterners know to never make plans based on what you think the weather will be.  The simple truth is the weather never seems to cooperate when you’ve planned outside activities.  Let me give you some personal examples.  I’ve attended […]

September 18, 2012 | By More