Lou's Feed
Sep 6, 2012
Aug 30, 2012
Aug 2, 2012
Jul 26, 2012

Your money: Interest compounds in finance game apps

CHICAGO (Reuters) – The race is on, especially among financial firms, to develop games and apps that teach kids (and even adults) the basics of personal finance, whether for online play or mobile devices.

Take the newly released Struct, an iPhone and iPad app by ING, which also has an online game called Planet Orange. In it, players work with building materials that symbolize different investment categories – steel (cash), wood (bonds) and glass (stocks) – as they build increasingly complex towers, or “structs.”

Jul 26, 2012

Interest compounds in finance game apps

CHICAGO, July 26 (Reuters) – The race is on, especially
among financial firms, to develop games and apps that teach kids
(and even adults) the basics of personal finance, whether for
online play or mobile devices.

Take the newly released Struct, an iPhone and iPad app by
ING, which also has an online game called Planet
Orange. In it, players work with building materials that
symbolize different investment categories – steel (cash), wood
(bonds) and glass (stocks) – as they build increasingly complex
towers, or “structs.”

Jul 10, 2012
Jul 10, 2012
Jul 6, 2012

Your Money: How the sandwich generation can avoid getting squeezed

CHICAGO (Reuters) – Children of the baby boomers, the so-called sandwich generation, face household fiscal strains unlike any other time in history, often with the obligation to support their parents as they age and their children as they enter college, with one eye on their own retirement funds.

Here’s the bottom line: More than 60 percent of young adults ages 19-22 receive financial help from their parents, according to a 2012 study co-authored by Patrick Wightman and Robert Schoeni at the University of Michigan. The tally comes to about $7,500 a year when help with rent, transportation and college tuition are included.

Jun 29, 2012

You, too, can be like Larry Ellison and buy your own island

CHICAGO, June 29 (Reuters) – You don’t have to be Larry
Ellison to own an island.

You may not have the $500 million to $600 million it
probably cost the Oracle C EO, one of the world’s richest men, t o
buy Hawaii’s sixth-largest island, Lanai, recently.

Jun 18, 2012
    • About Lou

      "Lou Carlozo most recently served as the managing editor at WalletPop.com, AOL's personal finance website. He also wrote and created "The Recession Diaries" column at the Chicago Tribune, where he served as an editor and staff writer for 16 years. The author of a journalism textbook and an adjunct professor at National-Louis University, Carlozo is the lead popular music critic for Christian Century magazine, a contributor to Downbeat magazine and also writes the "Green Dad" column for DealNews.com. The opinions expressed are his own."
      Hometown:
      Chicago
      Joined Reuters:
      2011
      Languages:
      French
      Awards:
      Bob Briner Impact Award, Biola University, 2007
      Chicago Tribune Innovator Award, 2005
    • More from Lou

    • Contact Lou

      Phone:
      773-294-7006
    • Follow Lou