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Is a Wal-Mart Back-to-School Sale Newsworthy?

by Flexo

Last year, I asked whether a CNN article describing a sale at Wal-Mart was newsworthy. At worst, it seems like free advertising. Some commenters pointed out that Wal-Mart’s actions, as the world’s biggest retailer, are important indicators for the economy. Wal-Mart’s public relations agents are too busy defending the company’s image, so I suppose it’s ... Continue reading this article…

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Guest Post: Eight Ways to Support Yourself While Starting as an Entrepreneur

by Flexo

This is a guest post from Bri M. Bri is a recent college graduate and aspiring web entrepreneur. He writes about online innovation at Trailblogging. Here he presents eight ways beginning entrepreneurs like himself can save money while working on their endeavors. 1. Moonlight as an Entrepreneur. This is the one that many people think ... Continue reading this article…

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Chicago Fed: Could the Penny Be Worth Five Cents?

by Flexo

Here’s a weird application of logic, brought to you by the Federal Reserve Bank of Chicago. It started when the cost of creating the U.S. penny went above one cent. The Mint (and therefore the government) is losing money for each of the millions of one-cent pieces it produces and puts into circulation each year. ... Continue reading this article…

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Weekly Blog Round-Up

by Flexo

Here’s what I’ve been reading within the MoneyBlogNetwork and beyond this week. * Free Money Finance admits there are good reasons to use credit cards. * MightyBargainHunter just received his 2005 tax refund. * Blueprint for Financial Prosperity warns student loans should be used for school only. * FiveCentNickel is beginning a series on saving ... Continue reading this article…

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Keven Federline Supports the Penny

by Flexo

A few months ago, I noted people are looking to get rid of the penny. Pennies cost more to make than they’re worth and price inflation has rendered them mostly pointless. However, Mr. Britney Spears, also known as Kevin Federline, has come out in favor of keeping the penny. Normally, no one would care, but ... Continue reading this article…

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The Penny Costs More Than One Cent

by Flexo

It costs the government 1.5 cents to produce each penny. Why continue making pennies with the current zinc-copper composition? Some want to retire the penny altogether. Is the zinc industry lobbying to keep the penny in existence, or do people just want to hold onto the coins? If we can make money out of paper, ... Continue reading this article…

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End Traffic By Raising Prices

by Flexo

Charles Wheelan, a new columnist at Yahoo! Finance, suggests raising the price of driving (through the costs of gas and tolls) in order to eliminate traffic congestion. The future of transportation will look a lot like the I-15 FastTrak in San Diego. This expressway has free lanes and HOT (High-Occupancy/Toll) lanes that run parallel. Here’s ... Continue reading this article…

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Carnival of Personal Finance #1

by Flexo

Welcome to Consumerism Commentary and the Carnival of Personal Finance! For an introduction to the Carnival, read this entry. For a schedule of upcoming Carnivals and their hosts, see this article. Below you will find the articles that have been submitted so far. The deadline was originally set for Sunday night at 10:00pm, but any ... Continue reading this article…

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