Tuesday, September 18, 2012

Tuesday Talkback: Do you rent or buy?

Happy Tuesday, Tumblr! (Or tornado Tuesday, if you live in the D.C. area, where we’ve been getting crazy weather warnings all day.) 

Some of you may have seen the interesting Trulia report that came out last week, announcing that it’s now officially cheaper to buy than rent in every major metro area in the U.S. So my question for you today is — do you rent or buy, and why?

I’ll go first: I rent a small basement apartment in Washington D.C., which is probably flooding even as I type. I know buying would build equity and qualify me for some handy tax deductions, but I’m not sure I’ll live here long enough to make it worth the cost. (And the cost itself is also a factor, of course.)

What about you?

Monday, September 17, 2012 Sunday, September 9, 2012
So today, in neat and superfluous money news: An ATM in Easthampton, Mass., is randomly dispensing $50 bills instead of twenties to promote a new bank branch. Residents of Easthampton, you have three more days to get in on this. We will jealously watch you from afar. 

So today, in neat and superfluous money news: An ATM in Easthampton, Mass., is randomly dispensing $50 bills instead of twenties to promote a new bank branch. Residents of Easthampton, you have three more days to get in on this. We will jealously watch you from afar. 

Saturday, September 8, 2012
Thursday, September 6, 2012 Monday, September 3, 2012
If you’re jealous of those with more money, don’t just sit there and complain. Do something to make more money yourself — spend less time drinking or smoking and socialising, and more time working. Gina Rinehart, the world’s richest woman. Gina, by the way, inherited her billions from her family.
Friday, August 31, 2012
Thursday, August 30, 2012
Wednesday, August 29, 2012
In part, the internships are necessary because of basic law of supply and demand: there are a huge number of eager, ambitious young people all scrambling to get a very small number of jobs. While understandable, the result is a class system where those wealthy enough to afford to live without income in an expensive city … get experience and access to jobs. Young people in the middle class or from more modest backgrounds are shut out – the economics simply don’t work. Joshua Foust, “The Uneven Playing Field of Unpaid Internships.” Read more. 
Thursday, August 23, 2012
Which credit cards do Americans use most? This map from payment-processing company Litle & Co. lays it out. While those maps are tricky to read, the gist is this: Darker areas indicate lots of use. So Visa is big in the West, for instance, and Amex users are on the coasts.
Read the full report.

Which credit cards do Americans use most? This map from payment-processing company Litle & Co. lays it out. While those maps are tricky to read, the gist is this: Darker areas indicate lots of use. So Visa is big in the West, for instance, and Amex users are on the coasts.

Read the full report.