Family Finance

The U.S. Post Office will cease to deliver Saturday mail as soon as August 2013. While the plan will reportedly save the USPS about $2 billion a year, it will not be enough to make up their $16 billion dollar loss in 2012. According to the Orlando Sentinel, the two major reasons the USPS has ... read more »

A weekend explosion at a Japanese chemical plant may result in a shortage on diapers in the upcoming months. Nippon Shokubai Co. in Himeji, Japan, is one of the world’s largest supplier and manufacturer of acrylic acid, also called sodium polyacrylate.  These chemical absorbents are the clear little crystals used to hold liquids in most ... read more »

United Airlines has just announced it will be upgrading a good portion of its fleet to allow for more passengers to surf the Internet and increase the size of its overhead bins. But along with the proposed upgrades comes some cuts too. United has also announced they will be removing their current seats and retrofitting them with ... read more »

The ratings website Bundle.com has put together a list of which cities spend the most and the least on their children. Bundle looked at how much parents spent on toys, clothing and non-essential items for their children and determined the average amount spent over the past three years. They then compared that to the national average. It did ... read more »

A new study conducted by the American Institute of CPAs shows that while 61% of parents say they give their children an allowance (the average is $15 a week, or $780 a year), only 1% say their children save it. Children are not being set up with a realistic relationship to money. Although 89% of those aprents ... read more »

A pair of brothers in Puyallup, WA, ages 9 and 12, will pitch their idea for “Super Clothes” to billionaire investor Warren Buffett in Omaha on Monday. Justin and Anthony Lundberg were chosen from among 3,000 other entries in the first Grow Your Own Business competition held by the Secret Millionaires Club. The online Club ... read more »

The Mega Millions lottery jackpot this Friday is poised to make someone the wealthiest recipient of the game ever. After failing to match up with a winner Tuesday night, the jackpot has swelled to a historical $476 million. Tuesday night’s numbers were 9-19-34-44-51 with a mega ball number of 24 You can rule out the ... read more »

To help further ease its foreclosure portfolio, Bank of America has announced a new program to try and help homeowners who have found themselves behind on their mortgage payments. Currently only available to a tiny fraction of BoA customers in three states, the “Mortgage to Lease” program will help the bank prevent having to fully ... read more »