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The Sad Truth About Playing the Lottery

Yesterday many people caught Mega Millions fever with a world record-setting jackpot of $640 million. Despite the razor-thin chances of winning, Americans stood in lines, joined office pools and spent an estimated $1.5 billion dollars to take a shot at millions. One...

Mega Millions Fever: 5 Things You Need to Know

Who would have thought the Mega Millions lottery would reach a record-setting $640 million dollars? That’s over half a billion dollars! With that kind of loot, its no wonder that lottery ticket sales were coming in at $500,000 an hour. Although the odds of winning are...

Gas is Going Up: Is Your Spending Going Down?

Tomorrow is the first day of spring. But who would have thought we’d be paying $3.842 per gallon (AAA motorist reports) in winter? After all, winter is the time of year we usually pay less for gas. With gas prices so high now, what can we expect to pay this summer?...

The Day I Met Financial Guru Dave Ramsey

A few weeks ago I met financial guru Dave Ramsey. I’m glad I got a chance to meet him in person—he’s super nice! For those of you who don’t know him, Dave Ramsey is a personal finance expert known for his “common sense” approach to money management. Dave Ramsey...

Money Saving Tip: Bigger is Not Always Cheaper

Smart shopping saves you money. And who wouldn’t want to save money when it seems like the cost of everything keeps going up. Some people believe the best way to save money is to grab the biggest size, family size or big ‘un for the lowest price. But when you look a...

13 Words that Could Transform Your Life

Albert Einstein once said “Insanity: doing the same thing over and over again and expecting different results.” These words of wisdom can help you in any area of life. The underlying meaning is you have to change what you’re doing to get better results. Whether you’re...

2012 Money Smart Kid Essay Contest

This year the Federal Reserve Bank of Chicago’s Money Smart Week® will run from April 21st – 28th. Do you have a Money Smart Kid? If so, your child may be able to enter the Money Smart Kid Essay Contest in Illinois, Indiana, Iowa or Michigan. WANTED: Money Smart Kid...