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personal finance

Invoice
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The economy. It’s an election issue, a global issue, and, for most Americans, a personal issue. Gaging how well the economy is doing can be very difficult for economists. Measuring economic success on the national level relies on the stock market, unemployment numbers, and wage growth. But these measurements don’t always represent how Americans feel about the economy on a personal level. To find out how people are feeling on a personal level, Marketplace and Edison Research have teamed up to...

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For many of us, the word “budget” is not on our favorite words list. But as so many of us across Michigan discovered during the Great Recession, things can get mighty scary when there's a crunch and we don't have much in the piggy bank. Detroit News Personal Finance Editor Brian O'Connor writes the "Funny Money" column, offering financial advice to his readers. During the Great Recession, Brian and his family felt the pinch. So he decided to find out if his family could cut its monthly expenses by $1,000. He has turned his experiment into a new book “The One-Thousand Dollar Challenge: How One Family Slashed Its Budget Without Moving Under a Bridge or Living on Government Cheese." Listen to the full interview above.