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Recession may be the reason causing cuicide increase in the UK, research shows

A study that echoes findings from research in the U.S. and Australia shows that the recession that began in 2008 may have generated to an augment in suicides in the U.K.. Suicides in England began to...

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What’s the Best Way to Pay Down Debt?

If you’re in debt elimination mode, what’s the best way to pay off your loans — should you pay off high interest debt first, or knock out small accounts and work your way up? The answer depends on what...

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Equities slump guts investment bank revenues-study

By Sarah White LONDON | Thu Aug 23, 2012 6:51am EDT LONDON Aug 23 (Reuters) – Tumbling revenue from stock trading dragged down global investment banks’ earnings below year-ago levels in the first six...

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Parents to college kids: Live at home, get a job

As college costs soar, parents are doing whatever they can to send their kids to college without leaving them drowning in debt upon graduation. And they’re asking their kids to pitch in, too. NEW YORK...

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Prepaid Debit vs. Checking Accounts

Prepaid debit cards are surprisingly popular. They offer reasonable value to some, but they’re used by many consumers who are probably wasting money. What’s the alternative to a prepaid debit card? A...

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Still Paying 5% on your Mortgage?

Mortgage rates have low for a while now. In case you missed it, rates are around3% to 4% for new fixed rate mortgages. Nevertheless, a new study by CoreLogic shows that 69% of homeowners have an...

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Who are the Underbanked?

Earlier this week, the FDIC released a thorough report describing the consumer banking habits. FDIC divided everybody into 3 groups: fully banked, underbanked, and unbanked. The more you depend on...

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Branches are not Dead

In a world where you can deposit check with your smartphone, it’s reasonable to assume that bank and credit union branches will soon be a thing of the past. You can do more and more online, and...

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Examining the Underbanked

Why are so many people “underbanked”? Sometimes it’s because they can’t use banks (or they think they can’t), and sometimes it’s because they don’t need a traditional bank account. Knowledge@Wharton...

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Guest Commentary: Fear, Greed and the Herd Mentality- It’s All In the Charts

While at a party recently I had a conversation with a retired physician, who is also an astute and very successful long-term stock investor. This gentleman has been very successful with a buy-and-hold...

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