It's commencement season, which is the time when middle-aged crabs like me offer our sage wisdom to you, our graduating young 'uns. We do this not only out of a sense of duty but also because we are deluded enough to think you might pay attention.
Mom is back! After a significant drop-off during the Great Recessepression, Mother's Day spending is set to jump by 11 percent this year, according to a new survey by the National Retail Federation, which averages out this year's spending to $168.94 per person.
While we’re waiting for the daffodils to defrost, we must as well get in the seasonal mood with a little spring cleaning. And just like the floors and windows, your finances will most likely benefit from a little scrubbing, too.
The luster seems to be dimming for gold as an investment, now that the price of the precious metal, prized by such financial wizards as King Tut and Glenn Beck, is down 17 percent this year to around $1,400 an ounce, and off by 26 percent from its August 2011 high of $1,895.
Before you start selling blood or break into the kids’ piggy-banks, first try taking out one of the lowest-rate loans available: a tax payment plan from the IRS.
It's been a long, cold, lonely winter, my little darlings, but now spring has sprung. This is one of the year's biggest auto-sales seasons because many people find it easier to trade-in a car rather than clean out wintertime's collection of orphaned mittens, broken windshield scrapers, used tissues and enough salt to brine a flock of turkeys.
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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