This was an historic week. Barack Obama is the president-elect. We've all been wondering how his administration will affect our personal finances and the country's economy. Also on our minds: who's making money in the current environment, how are they doing it, and what are they doing with it?
Some dead people are still raking it in: Albert Einstein may have been dead for 53 years, but that hasn't stopped his income flow. Last year alone he made $18 million. He ranked fourth on Forbes' list of highest earning dead celebrities, beating out John Lennon, Andy Warhol and Marilyn Monroe.
There's strength in numbers: The New York Times profiled a group of women in Vancouver, BC, who gathered to talk about their money issues and support each other. With discussion about money becoming less taboo and the financial crisis touching everyone, gather your friends over drinks and do some financial planning!
Charity — to write off or not to write off: Free Money Finance brought up the interesting topic of why some people skip writing-off their charitable contributions. FMF noted that politicians have their own self-preserving reasons for not disclosing contributions. Check out the conversation that comment sparked.
"Price upon request" shouldn't make you feel inferior: The NYT looks into the reality behind fashion magazines listing items without a price. Turns out, many of those items that need to be requested don't even exist. Now you can enjoy the fashion spread knowing that no one gets to buy that runway gown.
If you see something cool next week that you want our readers to know about - drop us a line and let us know!
-- Susie Bafico
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.58% ![]() |
4.68% |
| 30 Year Fixed | 5.13% ![]() |
5.18% |
| 1 Year ARM | 3.48% ![]() |
3.51% |
| 5/1 Year ARM | 3.63% ![]() |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89% ![]() |
4.87% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.60% | 7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% ![]() |
0.39% |
| 12 Month CD | 1.14% ![]() |
1.15% |
| 60 Month IRA CD | 2.40% ![]() |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.68% | 12.68% |
| No Annual Fee Cards | 11.97% ![]() |
11.94% |
| Reward Cards | 12.61% ![]() |
12.60% |
| Small Business Cards | 10.94% | 10.94% |
| Student Cards | 13.49% ![]() |
13.56% |
| Platinum Cards | 12.11% | 12.11% |
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