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Marketplace Money for July 24, 2004

Episode Description 
Marketplace Money for July 24, 2004

Allowance Q&A

Okay...so that's what the kids think. But what about the adult ATM's? How much should kids get? And should you set rules on where the money can go? Kiplinger's Personal Finance executive editor Janet Bodnar shares a few thoughts on what parents should consider.
Posted In: Jobs

Allowance Politics, a Kid's Tale

Taking the trash out. Making the bed. Cleaning the dishes. Some kids have to do chores to get an allowance. Others get a monthly stipend just for being them. Reporter Rachel Dornhelm went in search of what kids want when it comes to an allowance.
Posted In: Jobs

"Straight Story": Vacation homes

It's time once again for economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. Thinking about buying a vacation home? Chris issues a warning.

"Day in the Work Life": Cabbie

Prince Charles took a ride in a London taxi last week. It marked the first time he'd ever set foot in a traditional cab. On this week's installment of 'A Day In the Work Life', our weekly look at how people trade their time for money, we also investigate life inside a yellow cab.
Posted In: Jobs

From the Money Matters Desk: An investing report on the wisdom of the crowds

Who can you trust when it comes to managing money? One possible answer... Everybody. Author James Surowiecki has a new book that suggests the masses collectively have a pretty good head on their shoulders.
Posted In: Investing

Buzzword: The Humphrey-Hawkins Address

Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news. For instance: "The Humphrey-Hawkins Address." You hear it, you see it, but do you really know it?
Posted In: Economy, Investing, Savings

Shareholder's Rights

What do you do if you're a shareholder and you think management is moving in the wrong direction? How can the little guy hold the big wigs accountable? Jeff Tyler reports on democracy in corporate America.
Posted In: Investing

Corporate Earnings Q&A

This week, soaring corporate profits and dividend payouts dominated Wall Street. Kai translates the news with Diane Swonk, chief economist at Bank One Corporation.
Posted In: Investing, Jobs

Mailbag for July 24, 2004

Chris Farrell answers more of your burning money questions. This week: advice on balancing a portfolio, saving for an emergency, and deciding on a reverse mortgage.
Posted In: Investing, Savings