Yields on certificates of deposit, Treasury bonds, and other interest-bearing securities have gotten so low that a mundane investment usually associated with birthdays and bar mitzvahs looks enticing by comparison.
While some youngsters long to become rock stars or Hollywood heavyweights, others now gravitate towards another stripe of pop-cultural celebrity: the whiz kid who becomes a millionaire before age 21.
Sometimes a gift is more like a curse. Self-described “cheap” booklover and avid library user Alyssa Lester wasn’t over the moon when she found a new ereader under the Christmas tree last year. “I love my Kindle, but didn’t want to buy one because I would have to start buying books and I don’t have a lot of extra money in my budget for that,” she says.
People who are able to track their daily energy consumption cut their electric bills by 10 percent on average, according to a study done last year by the Pacific Northwest National Laboratory of the U.S. Energy Department.