Given the choice between immediate gratification and savings for the future, most Americans opted for new Italian loafers or a flat screen TV. Bucking that trend is the recent 6.9% saving rate increa

Novelist F. Scott Fitzgerald, best known for chronicling the rich in The Great Gatsby, supposedly said to Ernest Hemingway, “The rich are different than you and me.”To which Hemingway rep

(Editor's Note: Minyanville welcomes back Jessie Smith, who is sharing her journey from financial fiasco to fiscal fitness every Tuesday and Thursday in Going for Broke ... and Back.)“A journey

My wife rented The Taking of Pelham 123 last night and as a huge Denzel Washington fan, I was pumped to watch it. I’m not sure where I nodded off, but I woke up to see the ending credits rollin

Editor's Note: Matthew Beller is a former employee of the Federal Reserve Board and the Securities and Exchange Commission. He currently works for a private investment firm in Los Angeles, California

First, terms on credit cards got harsher. Now some people are seeing higher fees on their checking accounts.Citibank (C) customers with Access or EZ checking accounts will now be charged a $7.50 mont

You go on Facebook one day and you have a friend request from a complete stranger who claims to have attended the same high school as you.You check him out and sure enough he's from the area and he's

Debit cards provide a quick and easy way to pay for inexpensive items such as Frappucino’s or deodorant, but they should carry a warning: be careful or this card can cost you a fortune in fees.

Money is a difficult subject. There's much confusion as to what it is. There's even more confusion as to the best way to measure it. Yet, before we can measure it, we have to define it.Here's a descr

Profits are up at MasterCard (MA), thanks to a greater number of transactions as consumers continue to shift to debit and credit cards and away from cash and checks.MasterCard says the number of tran