Every weekend, Marketplace Money brings the week’s economic headlines home by looking at matters of personal finance with wit and wisdom.
Over the past few weeks, we've taken you back to personal finance backs. Now that you're all caught up in the fundamentals, it's time to pay attention to you -- the consumer. We've got advice on what to do when you're vacation plans are thwarted by a travel alert. Plus, the art of using social media to get better customer service. Also, the Consumer Financial Protection Bureau was set up to protect you. We talk to the head of the CFPB about how to use the organization to improve your overall consumer experiences. And stories about what phasing out Fannie and Freddie means for you, what news is worth, summer reading suggestions, and the mystery of COLA (we don't mean the beverage).
For the last three weeks, we’ve gone back to the basics…understanding concepts like banking, savings and investing. Today, we wrap up our series with a look at one of the most important money relationships you have. It takes maintenance, self awareness, and self control. It's your life with credit and debt. How do you build or rebuild a credit history? How many cards should you have? And what’s the best card for you? This week, a guide to credit and debt.
This month, we're devoting Marketplace Money to the basics — concepts like banking, savings and debt. Bonds, stocks, diversification, index funds, active vs. passive. Investing is one of those financial topics that requires understanding a whole lot of terms. Then, you have to understand yourself. How much risk do you want to take? How much confidence do you have? What’s your time horizon? This week, a guide to investing.
This month, we're devoting Marketplace Money to the basics — topics like banking, investing, and credit. Saving is probably the most simple concept in personal finance. There's no algorithm. No elaborate jargon. Just take a portion of what you earn and put it aside. But that's the finance part of it. The personal is where we run into trouble. This week, how we save, strategies on savings and more. Plus, we take a global tour from Beijing to Brazil to Britain and back home to see how different cultures approach saving cash. And, how did the piggy bank become the icon of saving?
For the next few weeks, we're devoting Marketplace Money to the basics, concepts like banking, investing, saving and credit. This week, we're devoting the show to money, how we interact with it, and what the future of money looks like. The next time you hold a dollar in your hand, consider this: money is just paper. It only has value because we all believe it does. But where does this collective faith in money's worth come from? Also, a look at how money is portrayed in pop culture. Plus, we explore the best ways to save, spend and invest your money. And forget the Washingtons and Benjamins. Dump the credit cards. These days, Bitcoin and mobile phones pay for stuff. How are new currencies changing our behavior? Finally, a visit to the future spenders of money: children, and a few personal finance experts suggest their favorite finance-related books for your summer reading list.
Guess what just went up this week? Yes, the temperature -- but also the interest rate on new federal student loans. That's affecting students, young and old. We talk with one woman whose wages were garnished because she defaulted on her student loans and speak with a couple of young adults worried about how they'll ever dig their way out of student debt. More seniors are also facing the challenge of college debt. We have the story of one 65 year old who is paying off his own loans and his kids'. Plus, did you know there are legitimate ways to get rid of your student debt without paying? Learn all about loan forgiveness. Also, what to do now that bond prices have fallen and how prepaid debit cards are causing problems for millions of wage workers. Finally, are yard sales or online auctions the best way to get rid of household clutter?