Kids at Camp Millionaire learn how to save, how to cut back on expenses, and how investing can lead to financial freedom as adults. Caitlan Carroll reports.
So how do prepare your finances for an emergency? Tess Vigeland asked some of the folks she talked to in New Orleans what they learned and what advice they have for you.
Meet Ian McNulty, one of the latest entrants in Hurricane Katrina storytelling. We found him hunched over a beer at a neighborhood bar in New Orleans' Mid-City.
Host Tess Vigeland explores the bureaucracy, decision-making, and financial hardships of homeowners rebuilding in the Crescent City. While some are determined to build at higher elevations, others are taking their chances at ground level.
Chris Farrell looks at the opportunity to improve the lives of poor people in New Orleans that appears to have been lost. He says the mortgage crisis might have a silver lining for some: affordable housing.
Shares in Fannie Mae and Freddie Mac suffered yet another meltdown this week, and the government might step in to bail them out. If that happens, shareholders risk losing all their money. Even so, some of them are staying put. Rico Gagliano reports.
About 70% of New Orleans' pre-Hurricane Katrina population is back. Many have moved to higher ground, leaving one-third of residential addresses empty. Tess Vigeland talks with Tina Marquardt of the nonprofit Beacon of Hope about what's keeping people away.
