Representatives from price comparison website, www.moneysupermarket.com wandered the streets this morning wearing sandwich boards offering a free £5 note to anyone who asked. Despite encountering over 1800 people, only 28 passers by bothered to take advantage of the offer. Additional research found that more than half of all Brits (53 per cent) admit they too would

With the recent purchase of a car (a significant investment for us) - not to mention the media’s relentless reporting on rising gas and food prices, a recession, and the housing crisis - I’ve, not surprisingly, been thinking about money a lot lately. Money is weird. Or, rather, our perception of money can be weird

When I started my blog entry yesterday, my intent was to write about “making do” - as in: Make do or do without. Or: Necessity is the mother of invention. It was going to be about the creative game of resourcefulness and all the ways it can be fun and freeing, rather than a

noun: an interpretation of what is not human or personal in terms of human or personal characteristics About a year ago, while mindlessly clicking through television channels I landed on one of those specials that public television broadcasts during fund drives [I can't believe this is the second time I've mentioned one in a week] featuring

“Elevated commodity prices, especially of oil and food, pose a serious challenge to stable growth worldwide, have serious implications for the most vulnerable, and may increase global inflationary pressure.” says the G8 central banking community. At the same time, U.S. Treasury Secretary Henry Paulson said the high oil price “brings the risk that the slowdown

As home and real estate prices fall, home buyers will lose a primary motivation for paying high prices for homes: making money on home price appreciation. If you don’t fall into that category and money is not an object (probably about 1/2 of a percent of home buyers), then you aren’t affected by the market.

For those of you that need a Federal Reserve talking head to tell you, the economy is “tepid”. Jeffrey Lacker, president of the Federal Reserve Bank of Richmond delivered the message. You probably have a better word for the economy that fits your situation. He also said that inflation remains unacceptably high. Funny, nobody of any

The U.S. Treasury Department is scared out of its wits regarding the current plight of investment banking institutions. Treasury Secretary Henry Paulson claims that the government must quickly give the Federal Reserve more power to regulate the financial system, saying this year’s financial market turmoil highlighted the need for action. Know this now: we have

Inflation is on the rise around the world, even more so than is being commonly reported by government agencies and central bankers. The finger of blame usually falls on two fronts. “World events cause inflation.” “Politicians cause inflation.” What most world citizens and media pundits alike fail to recognize is that central bankers are a

Wall Street enters the summer season with investors in a sour mood because they don’t want to face reality. For months, every qualified economic expert has pointed to an eventual rise in interest rates by the Federal Reserve. Economic policy makers have been looking at this summer as a prime time for change. Reality was