01/11/13
Marketplace Money for Friday, January 11, 2013
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Episode Description:
Attention college seniors, we have an awesome college essay topic for you: money. Also, it pays to read the fine print on your
cell phone and cable bills. We take a closer look at all those little charges that hike up the total you pay. And crowdfunding is more than fundraising, it's become a global phenomenon. But why? Plus, money lessons from Monopoly, how some people make use of gray water, and a commentary on romanticizing poverty.
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Explainer: how to choose a financial planner
Finding a financial planner is a tricky business. Here are some of the key questions to ask.
1
Monopoly's makeover and money lessons
America's most popular board game about money is losing one of its signature pieces. One token will be replaced with a new piece. Historian Philip Orbanes explains what Monopoly can teach us.
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Why do people give on crowdfunding sites?
There are more than 50 crowdfunding sites in the U.S. and countless projects seeking donations via online platforms. So what motivates us to give to certain projects?
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What's in the fine print? A spotlight on bill surcharges
Journalist David Cay Johnston, author of "The Fine Print: How Big Companies Use 'Plain English' To Rob You Blind," exposes how Americans are being nickle and dimed by little fees and surcharges on bills for everyday services.
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That water from your shower? It could water your garden
Homeowners can directly recycle water from showers or washing machines by installing what are known as greywater systems, which divert wastewater to mulch beds in the yard.
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This week in personal finance
We're talking about some of this week's biggest news stories: consumer debt, the new mortgage rules, and gun control.
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A new topic for your college admissions essay: Money
College admissions officers say that more high school seniors than usual are writing their college essays about money issues.
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Letters: Help! I need to find a financial planner
Where can I find a financial planner for my wealth bracket? Will someone alert me when it's time to take my mandatory 401(k) withdrawals? Financial expert Louis Barajas answers listeners' letters.
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Romanticizing poverty and learning financial independence
When money is tight, people are all too aware of every cent. Commentator Kristin Wong grew up this way and she says it's shaped both how she thinks about money and how she thinks about herself.
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An audio postcard from the floor of CES 2013
Reporting from the floor of the Consumer Electronics Show in Las Vegas, Nev.
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