Money News

Michael Momany, a homeless Seattle man, recently announced his idea to start “homeless tours” that would give people a three-day experience of living like a homeless person. The cost for such a tour? Two thousand dollars. What’s more, $1,500 of this fee would be Momany’s personal earnings, while only $500 would go towards homeless shelters […]

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There’s been a flood of technological advancements in the last few decades, many of which have dramatically streamlined processes in our everyday lives. These innovations have led to more efficiency in many sectors, including business and manufacturing. As a result, some outdated systems, equipment, and job titles are quickly becoming obsolete. Businesses or even entire […]

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Crowdfunding, the practice of collecting small donations from a large group of people, has been around longer than you may know. As early as the 17th century, artists and musicians used it to support themselves and their creative talents. Interestingly, we even owe the completion of the Statue of Liberty to crowdfunding. When the committee […]

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I recently read an article about the growing popularity of “social panhandling” among Millennials. This trend is different from crowdfunding and social gift giving — it’s basically asking for a handout, online, to help you reach your goals. You don’t offer anything in return, other than the warm, fuzzy feeling that contributors might get knowing […]

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Recent proposals in Congress include a bill that would crack down on fraud and abuse within the $70-billion dollar government food stamp program (officially known as the Supplemental Nutrition Assistance Program, or SNAP). This is just one area on which lawmakers are focusing in the desperate need for budget cuts following the fiscal cliff and […]

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Recently, I received a call from a number with a Washington, D.C. area code. On the line was someone claiming to be from the IRS, and claiming that I owe taxes. For a second, panic clutched at me; however, I quickly regained my senses and hung up the phone. It’s a scary thing to think […]

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