04/11/08
Marketplace Money for April 12-13, 2008
Episode Description:
Marketplace Money for April 12-13, 2008
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This is your brain on shopping
How much of our desire to spend, spend, spend is willpower and how much is hardwired? Tess submits herself to scientists at Stanford to try to discover the answer.
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Individual development accounts
With most Americans saving less than 1% of their pay, how are low-income people supposed to save? Peter Granitz introduces us to the individual development account.
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Work Life: Comic store manager
On this week's a Day in the Work Life, we learn about the joys -- and dangers -- of a life lived among superheroes with comic store manager Brandon Zern.
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PMI to the rescue?
If private mortgage insurance is required in order for homebuyers to put less than 20% down, how come it isn't saving us from the subprime mess? Jill Barshay reports.
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The end of an institution
Jonathan Clements, author of more than 1,000 columns for the Wall Street Journal, is hanging up his pen, but not before sitting down with Tess to talk about the state of personal finance.
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Getting Personal
In this edition of Getting Personal, Chris and Tess talk about the Thrift Savings Plan, money merge accounts, 529 plans and choosing a financial services firm.
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Ask the taxman
You've got tax questions, the IRS has answers and we get you connected. We revisit a February segment where Frank Keith of the IRS answered your refund questions.
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Straight Story: Greenspan's legacy
Oh how the fortunes of the former Fed chair have changed. Economics editor Chris Farrell sets the story straight on the policies of the last chairman of the Fed, Alan Greenspan.
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Uncle Sam says 'Pay up!'
Tax Day is right around the corner. What should you do if you're afraid you won't be able to pay in full? Tess asks Andrea Coombes for some options.
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The Fed's financial quiz
Test your financial IQ with the Federal Reserve's personal financial literacy quiz and hear how members of the Marketplace staff faired.
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