The economic landscape of the United States has changed dramatically since the 1960s. Especially, in the arena of fatherhood. Continue reading “Changing Landscape for Dads”
Ask the average person about her smartphone, and the odds are better than even that she’ll be able to recite the make, model, and salient features such as battery life and camera quality. She may even be in a position to rank the phone relative to other handsets and to make a recommendation as to whether it offers good value for money. Continue reading “Do Financial Regulations Decrease Financial Literacy?”
Imagine what your life could be like if for any situation you could enjoy the upside without suffering any of the downside. Say you love the color yellow, but it totally washes out your skin tone. Or, perhaps you really want to Keep Up With The Kardashians but unfortunately there aren’t enough hours in the day to follow the entire family’s Instagram accounts. It seems like all choices we have in life have a downside, but what if I told you that in financial markets there are contracts with no downside? No, I’m not trying to sell you timeshares. I’m talking about options pricing. Continue reading “Ready To Risk It All Part I, Options Pricing”
The Consumer Financial Protection Bureau’s (CFPB) payday lending rule goes into effect next week.
It’s that time of year again. The rush to buy Christmas gifts is here. However, let’s not fret over finding the right gift—economics tells us it’s inefficient. Continue reading “The Deadweight Loss of Christmas Gifts”
If you want to be financially secure 30 years from now and you haven’t opened a Roth IRA, you’re shooting yourself in the foot. Continue reading “Oh My Gosh! Just Open A Roth IRA Already!”
A new report testing American’s financial literacy proves how badly we’re in need of education on the subject. Continue reading “Stop Treating Personal Finance As An Elective”