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Jun 8, 2012

Marketplace Money for Friday, June 8, 2012

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Teens across the country are breaking out the lawn mowers and ice cream scoops, hoping for a little extra cash in their pockets. But whose money is it, really? We look at how that hard-earned money should be managed. Plus…

Segments From this episode

Teen summer jobs: Whose money is it, anyway?

Jun 8, 2012
It's summertime and many teens are making the most of it by getting a job. They worked for that money, so they should have full control over it. Or should they?
Summer is a good time for your kids to earn money -- and also learn financial responsibility.
Chris Nystrom

To guzzle or not to guzzle?

Jun 8, 2012
Cars are as American as apple pie, but with the rising price of oil, more Americans are opting for other oil-free means of transportation.

Should the government help you lose weight?

Jun 8, 2012
Obesity is a recognized problem, but commentator Justin Wilson says it's a problem that's best solved by personal choices, not government intervention.

College grads, please don't hurt us

Jun 8, 2012
Author Charles Wheelan asks recent college grads to not use their new knowledge for evil.

Piggies for a mentor and mentee

Jun 8, 2012
This week, we're recognizing an American civil worker who bestowed personal finance knowledge -- from our show! -- to an intern.
The difference in fees on 401(k)s could mean the difference between a comfortable retirement and an uncomfortable one.
iStockphoto

Soaring rhetoric: 2012 commencement addresses

Jun 8, 2012
With graduation in the air, here's a sampling of inspiring commencement speeches of 2012 featured in today's show.

Prom spending keeps rising

Jun 8, 2012
Would you spend $1,000 to go to prom? Many do. The recession, if anything, is a bigger motivator to go big for a high school dance party.
Students dancing at prom.
Bethany Clarke/Getty Images

The intern's life

Jun 8, 2012
"Intern Queen" Lauren Berger shares how to get the most from an internship or an intern. And host Tess Vigeland also discusses her day as an intern for a TV show. Does she have the chops to make it in…
People for the American Way interns Carrie Osborne, 20, (L) and Nadia Abdelkhalek, 20, prepare information packets.
Chip Somodevilla/Getty Images

The Purple Squirrel: Is the hiring process broken?

Jun 8, 2012
Author Peter Cappelli discusses the pitfalls of the online-based job application process and how it is preventing employers from capturing the elusive "purple squirrel."
Face-to-face interactions are becoming increasingly rare as more employers rely on computers to screen potential employees.
Andrew Burton/Getty Images

An alternative to the college degree?

Jun 8, 2012
New kinds of credentials could offer a cheaper path to a good job.

Teens across the country are breaking out the lawn mowers and ice cream scoops, hoping for a little extra cash in their pockets. But whose money is it, really? We look at how that hard-earned money should be managed. Plus money wisdom from the commencement pulpit. And we head out into the trenches for a little internship boot camp at “The Soup.”