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UrduWhen faced with a lucrative financial offer for more wealth than he could fathom – a wise man on a Millennium Falcon once said, “I can imagine quite a bit.” But there’s no need to imagine anything, and no waiting for the opportune moment. The big score, so to speak, is only as evasive as we allow it to be. “That may seem impossible, but it is entirely achievable,” said Daniel Chi, UNLV’s chair of the Department of Finance in the Lee Business School.
Tag: Money
Finance expert explains why people are turning to AI for investment advice
With ChatGPT and other artificial intelligence systems making waves, some people are turning to AI for financial planning, according to one West Virginia University researcher. The AI-powered financial planning service “robo-advising,” or automated investing, is relatively new but rapidly expanding,…
Americans planning frugal uses for their 2023 tax refunds
Americans likely are receiving smaller tax refunds than they have in recent years, and most people will not be going out to spend this money, according to the February 2023 Consumer Food Insights Report.
How do I love thee? Let me count the ways … and the money
ASU expert says Valentine’s Day spending to increase in U.S., Arizona this year — despite talks of recession.
Military aid to Ukraine comes amid ‘diplomatic dance’ on world stage
President Joe Biden is expected to announce an additional $800 million security assistance to Ukraine today following a similarly sized measure earlier this month. Sarah Kreps is a professor of government at Cornell University and faculty at the Jeb E.…
Foster care, homelessness are higher education hurdles
A college education is estimated to add $1 million to a person’s lifetime earning potential, but for some students the path to earning one is riddled with obstacles. That journey is even more difficult for students who have been in the foster care system or experienced homelessness, according to a new study from the University of Georgia.
Tom Stanley: He transformed the way we view wealth
It has been a quarter of a century since Thomas Stanley, who received his doctorate in business administration in 1974 from the University of Georgia, wrote the bestselling book “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy.” Co-authored with a former student, William D. Danko, the book’s enduring and timeless message was that many wealthy individuals grew rich on an average salary, through hard work, modest spending, careful saving and taking the occasional calculated risk.
Large Number of Americans Reported Financial Anxiety and Stress Even Before the Pandemic
A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today by the Global Financial Literacy Excellence Center at the George Washington University.
New Insights for Effective Financial Education Using Intuit’s Mint
A new report from the Global Financial Literacy Excellence Center at the George Washington University School of Business and Intuit, the global financial management platform, offers findings that can help educators better create effective financial education programs.
Family talks about finances impact students’ money views
Students whose families talked openly about money reported feeling less stress and higher optimism when it came to money management and their future finances.
Many will update to iPhone 12 even if they can’t afford it
Smartphones vital to mental health for many during the COVID-19 pandemic The iPhone 12 was presented at Apple’s livestream keynote on Oct. 13 and will release on Oct. 23. People will purchase Apple’s new phone even if they can’t afford…
Older Americans may find it difficult to adapt to a cashless society brought on by COVID-19
A cashless society could be what consumer life after the COVID-19 pandemic looks like, but older Americans may find it hard to adjust to this new reality, according to Plamen Nikolov, assistant professor of economics at Binghamton University, State University…
Expert: Want to avoid drowning in COVID-19 debt? Try an installment plan
The COVID-19 pandemic is putting a heavy financial burden on many Americans. To avoid spiraling into debt, you could take advantage of installment plans, says Subimal Chatterjee, distinguished teaching professor at the School of Management at Binghamton University, State University…