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Stories for February 2010
Stories for Friday, February 26
Planning for retirement down the road requires saving today
How long will you live, and will you have enough money to sustain you throughout your golden years? According to British medical journal The Lancet, an overwhelming number of people who are born today will live to 100. This used to be a very rare occurrence, but it's becoming much ...
Soft drink giants to begin listing realistic serving sizes
Coke and Pepsi, the Hatfields and McCoys of the beverage industry, have both agreed to begin listing realistic calorie counts on their sodas. Historically, the calorie count on a soft drink was tiny because it only reflected a small portion size. In fact, this has been a problem with all ...
Mobile couponing offers another way to save at the store
For those under 35, the idea of clipping coupons out of the Sunday newspaper just doesn't hold the same appeal it might for an older generation of Americans. The under 35 crowd is more likely to embrace mobile coupons, which can be accessed directly from a smart phone. Clark is ...
College degree earns you $450,000 more over a lifetime
How much is a college degree worth? Time and time again, Clark has said that a college degree equals huge earnings over a lifetime, and it only goes up for graduate and professional degrees beyond the standard bachelor's degree. But some economists are now doing rebuttals to this viewpoint. The ...
Websites/phone numbers mentioned:
Kayak.com - Search for travel deals online Mobissimo.com - Search for international travel deals online NHTSA.gov - File a complaint about a vehicle safety issue
Stories for Thursday, February 25
Apple and Google take different stances on safeguarding kids
Apple and Google -- the two giants of the technology world -- are both taking very different approaches to the question of safeguarding children in cyberspace. Apple is a closed environment where the company tightly controls what kind of applications can go on its products. Google, however, is completely open ...
How to spend (and save) money like a millionaire
MONEY-SAVING MOMENT: What makes a millionaire? It's not winning the lottery or inheriting money, despite some common misconceptions. As Clark has said, it's never what you make, it's what you don't spend that makes you rich over time. Thomas Stanley was a professor who studied the behavior of rich people ...
Recession forcing fast-food junkies to eat better?
There have been a glut of stories about how the Great Recession has forced people to adopt unhealthy eating habits. But The Wall Street Journal has some interesting rebuttal to that point. So-called "heavy eaters" of fast food -- those men aged 18-34 who are the heart and soul of ...
Websites/phone numbers mentioned:
BankRate.com - Find the best savings, checking and CD rates Ed.gov - Info on income-based repayment plans Microsoft Security Essentials - Protection for your home PC against viruses, spyware and other malicious software RickSteves.com - Clark's recommended travel book for Great Britain ClarkHoward.com - Clark's list of legitimate work-at-home opportunities
Young people optimistic about the future
A new report from The Pew Research Center shows Millennials -- those young people aged 18-29 -- are very optimistic about the future. This is actually in spite of the fact that they're suffering from more unemployment than any other age group. Estimates suggest some 40 percent of Millennials can't ...
Stories for Wednesday, February 24
Websites/phone numbers mentioned:
NAPFA.org - Find a fee-only financial planner Fairmark.com - Overview of rules for making payments of estimated tax SCORE.org - Service Corps of Retired Executives
Banks trying to scare customers into allowing fees
RIP-OFF ALERT: Chase and Bank of America are both trying to trick customers into "opting in" for rip-off fees, according to The New York Times. Beginning this summer, banks will have to get your permission before they're allowed to show you a false balance at the ATM or approve debit ...
Housing data begins to show signs of recovery
CLARKONOMICS: There's some good news on the housing front that proves we may not be out of the woods yet, but we're getting closer. Home prices have actually gone up over the last nine months on average around the country. The rise in prices has been about five percent from ...
Toyota must discount product to survive
This has not been Toyota's year. The Japanese auto giant put itself in such a bad position by failing to do the right thing. In capitalism, your first responsibility should be to serve the customer. Now we have news that Toyota was ecstatic because they conned the National Highway Traffic ...
Pledge of Allegiance flap in monopoly public schools
Reciting the Pledge of Allegiance is something that's deeply meaningful to Clark. As a child of four immigrant grandparents, he's very aware of how amazing it is to live in our nation where we have every opportunity to succeed. At the same time, our nation affords us the freedom to ...
Stories for Tuesday, February 23
Gas to hit $3 per gallon by summer?
CLARKONOMICS: A new Associated Report suggests that the price of a gallon of gas will skyrocket over the next several weeks to wind up at more than $3 per gallon by summer. Here's what's going on behind the scenes: Our nation's demand for gasoline is still fairly low, much as ...
Americans steadily buying more store brands
Americans have historically bought fewer private label or store-brand goods than other developed countries. However, our neighbors to the north in Canada have always had a strong focus on no frills goods. In fact, the Canadians perfected premium-styled store brands that look like they're a name brand. They've created a ...
GM fares well in Consumer Reports' annual auto issue
General Motors makes a strong showing in the forthcoming auto issue of Consumer Reports, according to The Detroit News' preview of the tally. GM has two top pick vehicles for the first time in about forever -- the Chevy Traverse in the Family SUV category and the Chevy Silverado named ...
Websites/phone numbers mentioned:
CheapoAir.com - A listener-suggested travel booking site RickSteves.com - Clark's recommended travel book for Italy
Military gets extension of first-time homebuyer credit
For civilians, the first-time homebuyer credit runs out on April 30, 2010. In order to qualify, you must identify a property by that date and then close on the deal by June 30, 2010. But The Los Angeles Times reports there's a special one-year extension of this credit for active ...
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