Consumption Rules

If you’re responsible with your money, read on:

Credit cards are convenient: …According to CardWeb.com, about 4 million retailers accept credit cards in the U.S., and more than 21 million worldwide. Add to that countless online merchants (more than 70% of online transactions involve payment cards), and the convenience factor grows.

So there you have it: Convenient for you — and profitable for lenders. They take a cut from retailers who accept credit cards, so they are banking on the widespread convenience of plastic.

(more…)

Share This

For years, people have converted to Macs in part to avoid having to deal with the security problems of Microsoft-run computers. Of course, as Apple has gained in popularity, attacks specifically targeting Macs continue to increase. Will Apple’s market share be enough to support the turnover required in its operating system to fend off the attacks? Financial Times

Share This

A quick survey of Hillary Clinton’s website led me to this prescription for “strengthening” the middle class. These sweeping promises sound great, but it sounds like a recipe for bigger government (higher taxes):

As president, Hillary will:

(more…)

Share This

(It also happens to be free): personalfinance.byu.edu.

Share This

Mitt Romney plans to deliver a speech on Thursday explaining the role of his faith in his life and his potential presidency. (story). Good move, or the end of his run?

Share This

Interesting open letter written by Karl Rove to Barack Obama: here.

Share This

Share This

My favorite part is the markings on the bill from the counterfeit-detector pens: retail’s first (and a lot of times only) defense against counterfeit currency.

[note: the treasury doesn't currently print anything larger than $100, and hasn't ever printed currency more than $100k. source: ustreas.gov]
(more…)

Share This