Saturday, February 13, 2016

Personal Finance


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Ask Dave: What is your opinion of churches encouraging members to do e-giving with credit cards and debit cards?
The Street: Financial gurus contacted by were fairly unanimous that there are better ways to use a tax refund than to spend it on a vacation or a shopping spree.
NEW YORK (AP) - If we are indeed in the midst of a recession - and we won't know we're in one until well after it's begun - stocks likely still have a long way to go down.
"We tend to think that because something is just a few dollars that isn't significant. However that can add up quickly. $20 a year for magazines you don't read is a waste. $10 or more a month for every bank account you have is needless, and $40 a year or more annual fee on a credit card is a waste. Sometimes can add up to $1,000 ayear or more."
By Chris Taylor NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.) When it comes to love and money, the...
Although the economy has recovered from the Great Recession, most Americans’ savings still seem to be caught in 2008. New statistics show just 37%...
Ask Dave: I’ve started my four-year-old on an allowance structure and a chore chart. I also have a mini-envelope system with spending and saving set up, but I’m having trouble helping him distinguish between the two. How can I solve this?
Ask Dave: I’ve been following your plan, and I’ve finally gotten out of debt and feel I have control of my finances. I’m also single, and I was wondering if you have any tips for how to gracefully mention financial topics and budgeting when you’re on a date.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq stock market:
More than 1 million ceiling lamps sold at Ikea are being recalled this week because the glass shades can fall and shatter. Other recalled consumer products include 118 million gallons of propane gas and infant booties with decorative pompoms that pose a choking hazard.
HOUSTON (AP) - Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 30 this week to 541.
U.S. stocks ended a down week on a high note Friday, snapping a five-day losing streak on the strength of energy and financial companies.
NEW YORK (AP) - Shares in the mobile payment services company Square rose sharply Friday after Visa disclosed the details of its ownership stake in the company.
Fan protests have been the theme of the week in European soccer - and there could be another on the way in the most high-profile game in the English Premier League this weekend.
LONDON (AP) - Britain's competition authority has fined drugmaker GlaxoSmithKline plc 37.6 million pounds ($54.5 million) for stalling the potential entry of generic competitors of an anti-depressant drug Seroxat into the marketplace.
The Street: The good news about Millennial savers is that nearly two-thirds (63%) are saving something, according to a recent survey of 25- to 35-year-olds by The Principal Financial Group. The bad news? Only one in three are saving the 10% of income that they will likely need to fund a comfortable retirement.

Only Dave Ramsey keeps his teeth in. Dave's done stupid with zeros on the end, and he wants you to learn from his mistakes. Read his column Tuesday, Thursday and Saturday on