X Files

Financial Wake-Up Call 3-4-2007

Financial wake-up call What’s A Penny Worth? The 400% Profit Scenario: The penny is currently worth more for its raw materials than its face value – copper (pre-1982) pennies contained metal worth 178% of its face value while nickels contain material worth 155% of face value – one solution to this problem would be to to rebase the penny to 5 cents thus giving anyone with pennies an instant 400% profit.

When Graduate School Is A Mistake: “Many college graduates and working adults believe in the money-making powers of advanced degrees. And generally speaking, the statistics clearly support that…But what these statistics won’t tell you — and graduate schools certainly won’t bring up in their admissions brochures — are the stories of countless graduates whose advanced-degree diplomas have left them worse off financially than when they started.”

Give & Get Things For Free: If you are looking to give away some items you no longer need or hope someone can give you something, gigoit.com is another alternative to craigslist and freecycle.

Financial Literacy: The fact that most Americans are in debt and overweight can be traced back to one crappy grade school class…(comic)

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