Head's up, Funny Money fans: In honor of the end of summer and start of a new school year, here's a pop quiz! Our topic? Your automobile insurance.
I've got a number of good financial reasons to celebrate here in August. First, my boy, Funny Money Jr. or, as I call him, Li'l Money ('cuz that all he leaves me) will soon return to school, ending his constant and costly assault on America's strategic lemonade reserve.
Federal flood insurance covers only structural and some mechanical items in a basement. So if the walls or floor buckle or your water heater or electrical panel drowns, you're good, but that's it.
With just three weeks until Labor Day, summer is nearly over, which raises a perennial August quandary. To wit: If I haven't slimmed down for bikini season yet, should I just throw in the thong and keep my coat of insulating fat for winter?
There's no shortage of dumb laws on the books in this country — you can't, for example, delay or detain a homing pigeon in New Jersey or give a dog whiskey in Chicago. But what really confounds me is all the lousy things that remain legal.
The nuns at old St. Mary's taught me that there were two kinds of grace: sanctifying and actual. But I don't think Sister Theresa traveled much, or she would have known there's a third kind of grace: rental car.
Until now, it's been a nearly unknowable number, more revealing than your (real) waist size, more influential than the GDP growth rate, and more closely guarded than the combination to Fort Knox or the measurements of any random Kardashian.
Personal Finance Editor & Columnist
Detroit News Finance Editor Brian O'Connor joined in The News in 2005. He is the winner of the inaugural Christopher H. Welles Memorial Prize for business writing from Columbia University, as well as a winner of the Best in Business award from the Society of American Business Editors and Writers. O'Connor also is a two-time winner of the award for humor writing from the National Society of Newspaper columnists. A native Detroiter, he is a graduate of The Roeper School in Bloomfield Hills, Sarah Lawrence College and Columbia University's Graduate School of Journalism, where he was a 2001 Knight-Bagehot Fellow in business and economics.
- You can reach Brian at email@example.com.
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