Finance
Canada Has Eliminated the Penny
Even stacked together in a jar, all those pennies you have are fairly worthless. However, they may soon become collectors’ items.
Canada, our neighbor to the North, has just eliminated the penny in their latest federal budget, following the example of nations like Australia and New Zealand. The Canadian national mint will stop producing the one-cent coin over the next six months, and businesses have been asked to return pennies to be melted down.
We thought it was a joke too, but apparently the Great White North is serious:
How Much Has the Housing Market Improved? — Dollars and Sense
Seems there’s a bit of a bright spot on the decimated horizon of the real estate market — it looks a lot better than it did a few years ago. But how long before we see a full recovery?
How Can You Win the Lottery? Here Are Some Tips — Dollars and Sense [VIDEO]
The jackpot for the multi-state Mega Millions lottery now stands at $363 million, causing even those who don’t normally play to throw their hopeful hats into the ring for Tuesday night’s drawing.
Are there things you can do to boost your chances of winning?
How Much Will Americans Spend on Easter Shopping?
Now that Americans have had some time to pay off those Christmas bills, it looks like they’re ready to open their wallets for another holiday — Easter. But how much will each of us drop on things like candy, gifts and Easter dresses?
How Can You Teach Your Kids About Money? — Dollars and Sense
Is It Smarter to Rent or Buy a House? — Dollars and Sense
The collapse of the housing market has led to historically low interest rates on mortgages, leading many renters to wonder if now is a good time to purchase a home.
If you’re mulling it over, consider this: new research says that in most areas, buying is now cheaper than renting.
Man Gets Refund from T-Mobile After ‘Email Carpet Bomb’ to Executives — Dollars and Sense
Having a service-related issue that no one can seem to do anything about? You don’t have to take it lying down. Sometimes you just have to escalate matters yourself.
TLC Issues Casting Call for ‘Extreme Cheapskates’ — Dollars and Sense [VIDEO]
If you can pinch the brass right off a penny, TLC may be looking for you — it’s currently casting for its new reality show, ‘Extreme Cheapskates.’
High Gas Prices Mean More Americans Use Public Transportation — Dollars and Sense
While public transportation was the primary way Americans got around in the 1940s, the boom in car ownership eventually meant fewer people on subways and buses.
But thanks to high gas prices and an improving economy, that seems to be changing.
