Young Money Articles

Angel Investor Conway on Young Entrepreneurs

Ron Conway seized venture capital fame - and fortune - by selling e-commerce linchpin PayPal to eBay for $1.5 billion and investing in the early stages of Google.Friday, he shared some of his insights and his knowledge at TechCrunch's Social Currency CrunchUp, a conference at Stanford University. By looking at more than 500 companies that his firm SV Angel has invested in over the past 15 years, C Read more...

The Most Important Languages for the 21st Century Worker

China now consumes more energy than the United States. That may seem like an insignificant factoid, but it illustrates the way the economic balances of the world are shifting. In the next 50 years, changes in trade patterns, production, population and politics will radically alter the economic landscape.English may remain the lingua franca of international trade, but rapidly emerging powers like C Read more...

What New GDP Figures Mean for Young Workers

The federal government recently released the figures for economic growth in the second quarter, and they weren't very cheerful. Gross domestic product - one measure of the total output of an economy - rose at annual rate of 2.4 percent in the last three months. The economy is growing, then - but slower than it has been. In the first three months of 2010, GDP grew at an annual rate of 3.7 percent,  Read more...

Over 100 Million Facebook Users Learn Importance of Security Settings

The cost of leaving your Facebook profile unprotected at its default security settings was made much clearer this week, as security consultant Ron Bowes used a simple piece of code to trawl through every unprotected Facebook profile. He then published the personal details of over 100 million Facebook users via a peer-to-peer file-sharing system called BitTorrent.Bowes did nothing illegal - it was  Read more...

New FTC Rules Crack Down on Get Out of Debt Schemers

The Federal Trade Commission revealed a new rule that will ban some types of fees charged by for-profit debt relief companies, reports the Wall Street Journal. As part of the newly signed financial reform bill, the federal government is cracking down on an industry built around helping, but sometimes exploiting, people struggling to get out of debt.The new law will ban such companies from charging Read more...

Fixed Income Basics: Calculating Bond Yields

Every investor should consider fixed-income assets - that is to say, bonds - to be an important part of their portfolio. Holding all your money in the stock market is risky - even the best companies can get their share value trampled in a general panic, and disastrous one-off events can ruin a formerly blue-chip stock like BP. Bonds are, effectively, debts - the bond issuer receives a fixed amount Read more...

Focus Your Social Media Efforts

It's practically a cliche these days - leverage your social media skills and connections right, and you can land the job, seal the deal or catch the eye of somebody important. To some extent, it's even true - a truly top-notch blog can turn into a book deal, and Twitter accounts just landed two junior State Department officials a full-length New York Times feature.But when dealing with social medi Read more...

As You Move, Consider Your Commuting Costs

When planning a move, the number of considerations you need to make can feel overwhelming. Renting or purchasing, monthly costs, utilities, roommates, furnishings, even neighbors - all of these play a role.But the old rule of realtors remains the most important: Location, location, location. It's more than just a nice view or a neighborhood with the best cafes or organic co-ops, though - location  Read more...

Use Cash to Get Out of Debt

It may sound a bit counterintuitive, but keeping some greenbacks on you can help you stay or get out of debt. Psychological studies have proven that spending on plastic just doesn't feel "as real" as handing over a crisp new bill - or a wad of them.Here's a strategy that may work for some debtors: Draw up a budget and figure how much you can afford to spend each week, after paying debts, Read more...

Are more Americans finding ways to pay off their credit card debts?

A new report finds that for the third straight month credit card charge offs have fallen, which might be good news for Americans looking to get out of debt.According to the June credit card report from credit-rating agency Moody's, credit card charge offs - those debts credit card companies deem as uncollectable - fell to 10.28 percent for the month, 43 percentage points below May's number.In addi Read more...

Success and Failure as a Young Entrepreneur

Failure is an integral part of learning - as Ernest Hemingway said, "The world breaks everyone, and afterwards some are stronger in the broken places." TheStreet.com has published an interview and profile of Matt Wllson, a young entrepreneur and the founder of Under30CEO, discussing the topic of failure and entrepreneurship. Wilson says that his company nearly foundered at first, as it b Read more...

Microcredit: Ethical Investing in the Emerging World

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New Department of Education Policy Could Hit For-Profit Colleges

Anyone who has watched television, particularly during weekday hours, or who has taken public transportation, is familiar with the advertisements of for-profit colleges. The University of Phoenix - most of its students are actually online - ITT Technical Institute, DeVry University and others offer salvation to the unemployed or frustrated, those trying to get out of debt and those trying to chang Read more...

Unemployed Workers Turn to Entrepreneurship

A new survey conducted by job website CareerBuilder.com found that over 26 percent of unemployed workers laid off in the last six months are thinking about starting their own business instead of searching for new jobs. The unemployed are turning their hands to a wide variety of new ventures, including cleaning services, consulting, event planning, e-commerce and even baking. Social media and the i Read more...

A Helpful Guide to International Tipping

The custom of tipping is fraught with anxiety and cultural differences. It's easy to get confused and inadvertently offend your hosts, guests or servers when you adopt the wrong tipping customs, whether it's European tourists failing to leave more than a few dollars at a five-star restaurant in New York City or an American traveler becoming overwhelmed by the custom of baksheesh in Egypt.With that Read more...