Dollars & Sense, Page 3

Peak Cycle?

August 23rd, 2018

Economies and markets tend to behave much like cars accelerating or decelerating. Best pay attention when approaching red lights…


Federal Home Loan Bank of Chicago Awards $250K

August 20th, 2018

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is pleased to announce $250,000 was granted through its Community First® Capacity-Building Grant Program to seven nonprofit lenders in Illinois and Wisconsin.


A New Kind of Long-term-Care Insurance

July 25th, 2018

More than 400,000 long-term-care insurance policies were sold in 1992, according to figures published by The Wall Street Journal. These are the policies that help seniors cover the costs of nursing home stays at the end of life. At least 400,000 additional policies were purchased each year in the subsequent ten years, peaking at about 750,000 in 2002. Then sales collapsed, and never again reached the 400,000 level. Last year, reportedly only 66,000 such policies were sold. The need for long-term-care insurance has never been greater. What happened to the market?


How to Shop for Used Clothes — and Why You Should

July 12th, 2018

Buying used clothes at thrift stores may seem like a smart way to slash your spending — and it is. You ought to get gold stars and stickers for spending $10 on jeans instead of $50.


5 Mobile Banking Alerts to Help You Fight Fraud

July 12th, 2018

If a bank account is a house for your money, then mobile alerts are your alarm system. These email or text alerts can help you keep track of when your money enters and exits your accounts — and make sure there’s no breaking-and-entering either.


How Thieves Create Fake Identities With Kids’ Social Security Numbers

July 12th, 2018

Identity theft, or identity fraud, once meant crooks were churning out fake credit cards. But as that became easier to detect, a more insidious crime has evolved: the creation of completely new identities.


Don’t Let Puppy Love Blind You to the Expense of a Dog

July 02nd, 2018

How much is that doggy in the window? More than you may think.


Fresh Ways to Save Some Green at the Farmers Market

July 02nd, 2018

The difference between the produce at farmers markets and supermarkets is more than “tomayto” versus “tomahto.” And buying fresh fruit and vegetables at farmers markets offers opportunities to save money in ways you might not find at a grocery store. The produce sold at most supermarkets is typically harvested before it’s ripe, says Chris Curtis, executive director of Seattle Neighborhood Farmers Markets. Then it’s transported — often long distances — before arriving at the store, she says. The many people involved in getting a tomato from the vine to the store and, finally, into your tote may get a slice of your payment, Curtis says. That doesn’t leave much for the farmer. When you buy a tomato at a farmers market, however, “almost all of your dollar is going directly to the grower,” Curtis says. That grower picked the produce ripe, soon before selling it. A recently harvested peach tastes better than that “hard little green ball” sold at large retailers, she says.


How to Lower Your Energy Bill

June 27th, 2018

Energy bill too high? It might be time to consider the physics behind your energy use. The scientific attributes of heat and energy mean particular appliances and factors affect your utilities bill disproportionately.


A Few Things We’re Watching - Pt 3

June 01st, 2018

Foreign currency movements routinely impact the revenues and expenses of corporations and have done so to an even greater extent over the last several decades of globalization.