personal finance

The Consumer Price Index, which measures inflation, is only as effective as the assumptions it makes -- in this case, about what you buy. If you spend more on certain things than most people, then the CPI will do a terrible job of reflecting the prices you actually pay. In particular, retirees often don't fit the CPI profile well at all.
3 Top Black Businesspeople Reflect on the Keys to Their Success
12:35AM 2/21/2012

In honor of Black History month, DailyFinance asked three prominent African Americans to share their thoughts about what economic empowerment means to them, and illuminate what it takes to achieve it -- no matter who you are.
Should You Take That Big Retail Discount ... and the Credit Card That Comes With It?
6:30AM 2/18/2012
By Tim Beyers, The Motley Fool
JP Morgan Chase, American Express, Target Corp, Amazon.com, Credit Cards
Chances are you've been pitched a retail card more than once. Usually it goes something like this: "Will you be saving 10% using your [name of store] card today?" The hope is you'll find the prospect of a discount alluring enough to sign up. But should you?
Will Discount Deal Lovers Pay Extra to be Groupon VIPs?
7:00AM 2/17/2012
Active Groupon users now have a way to sweeten their relationships with the daily deals leader -- but it's going to cost them. Groupon is rolling out Groupon VIP, a program where deal chasers pay $29.99 a year for enhanced benefits on the site.
Allen Iverson Is Broke: What His Sinking Fortunes Can Teach Us
6:30AM 2/17/2012
Former NBA superstar Allen Iverson earned $154 million from his Sixers salary alone during his career. Now, he owes more than he can pay. How did it happen, and what lessons can his fiscal foul-ups teach to the rest of us. The answers are distressingly simple.
Purchase price is just the beginning of what it costs to own a car. Depreciation, insurance and maintenance costs can vary widely between competing models. But is there any way to estimate all of that in advance? A few experts have taken a stab at it.
Last week, we showed you how to check your hospital bill to make sure you weren't being overcharged. This week, we'll show you what to do when your insurance company refuses to pay.
3 Keys to a Great Balance Transfer Card (and 1 Card That Offers Them)
12:25PM 2/13/2012
If you're burdened by credit card debt, lenders want to help you -- by adding more plastic to your arsenal in the form of a balance transfer card, which offers generous up-front terms for moving your debt. And some of those offers are much more generous than others.

When it comes to matters of money, tact is often in the eye of the beholder. Take some tips from etiquette experts on how to defuse these tricky financial situations.
6 Strategies for Young Adults to Save More in 2012
11:30AM 2/07/2012

Saving doesn't come easily for us young adults. Entry-level salaries don't give you a lot to work with, and we tend to spend what we make. But don't worry: We're not doomed to frivolity and financial ruin. Here's how you can start saving smart.
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