Consignment store closes
A high-end consignment store chain is closing its doors and customers who consigned items with them that sold may never see their money. Judy Simon consigned two designer handbags in February at the Upper West Side location of 2nd Time Around, a national designer resale chain with nine New York City locations. By March, both bags had sold, according to the store's online system, netting her about $230. But months later, she has still seen no sign of the money.
A high-end consignment store chain is closing its doors and customers who consigned items with them that sold may never see their money. Judy Simon consigned two designer handbags in February at the Upper West Side location of 2nd Time Around, a national designer resale chain with nine New York City locations. By March, both bags had sold, according to the store's online system, netting her about $230. But months later, she has still seen no sign of the money.
Cashless future
In a world where credit cards and digital finance transactions are becoming more and more popular, would you say that cash is dead? Erik Engquist is the assistant managing editor for news magazine and website Crain's New York Business. He believes a cashless world is easier for people and especially for businesses, although some may prefer cash in order to illegally avoid paying taxes or to avoid credit card fees.
In a world where credit cards and digital finance transactions are becoming more and more popular, would you say that cash is dead? Erik Engquist is the assistant managing editor for news magazine and website Crain's New York Business. He believes a cashless world is easier for people and especially for businesses, although some may prefer cash in order to illegally avoid paying taxes or to avoid credit card fees.
Lucrative post-presidency
Returning to the public stage this week in Chicago, former President Barack Obama urged young people to get involved in politics. That appearance was unpaid. A scheduled speech for Wall Street firm Cantor Fitzgerald this September is not. The 44th president will reportedly receive $400,000 for the appearance at a health care conference. But he is hardly the first former president to take on lucrative speaking engagements.
Returning to the public stage this week in Chicago, former President Barack Obama urged young people to get involved in politics. That appearance was unpaid. A scheduled speech for Wall Street firm Cantor Fitzgerald this September is not. The 44th president will reportedly receive $400,000 for the appearance at a health care conference. But he is hardly the first former president to take on lucrative speaking engagements.
Medical marijuana
Does medical marijuana availability lead to cost savings for Medicare and Medicaid? A new study says yes. W. David Bradford and his daughter Ashley, both researchers at the University of Georgia, found that in government-funded insurance prescriptions for certain drugs, like opiates, dropped significantly in states that adopted a medical marijuana law. He said patients seem to respond to the availability of cannabis and then programs like Medicaid and Medicare save a lot of money.
Does medical marijuana availability lead to cost savings for Medicare and Medicaid? A new study says yes. W. David Bradford and his daughter Ashley, both researchers at the University of Georgia, found that in government-funded insurance prescriptions for certain drugs, like opiates, dropped significantly in states that adopted a medical marijuana law. He said patients seem to respond to the availability of cannabis and then programs like Medicaid and Medicare save a lot of money.
Kids and money
April is Financial Literacy Month. Studies show we need it more than ever, with as many as two-thirds of American adults unable to answer basic financial questions. But how do you start talking to children about money and finances, so they grow up to be financially aware?
April is Financial Literacy Month. Studies show we need it more than ever, with as many as two-thirds of American adults unable to answer basic financial questions. But how do you start talking to children about money and finances, so they grow up to be financially aware?
Savvy Ladies
Savvy Ladies is a nonprofit in New York that offers women everywhere free financial education. Savvy Ladies Executive Director Lisa Ernst says they have a mission to help women understand their money. They run programs year-round both on the web and on the ground in New York City and no financial question is too small. Savvy Ladies has a helpline that connects women to a certified financial planner or financial expert who can answer specific questions.
Savvy Ladies is a nonprofit in New York that offers women everywhere free financial education. Savvy Ladies Executive Director Lisa Ernst says they have a mission to help women understand their money. They run programs year-round both on the web and on the ground in New York City and no financial question is too small. Savvy Ladies has a helpline that connects women to a certified financial planner or financial expert who can answer specific questions.
Cost of raising a kid
From the child care to the latest gear to just putting a roof over their heads, kids are not cheap. A middle income, married couple living in the urban Northeast United States that had a child in 2015 can expect to spend upwards of $253,000 from birth to age 17, according to the latest report from the United States Department of Agriculture.
From the child care to the latest gear to just putting a roof over their heads, kids are not cheap. A middle income, married couple living in the urban Northeast United States that had a child in 2015 can expect to spend upwards of $253,000 from birth to age 17, according to the latest report from the United States Department of Agriculture.
4-week money makeover
Holistic wealth expert Leanne Jacobs says a month-long money makeover is possible. She believes that everything in our lives is interconnected and that by making some mental, spiritual, and emotional changes, we can also overhaul our bank accounts.
Holistic wealth expert Leanne Jacobs says a month-long money makeover is possible. She believes that everything in our lives is interconnected and that by making some mental, spiritual, and emotional changes, we can also overhaul our bank accounts.