Category Archives: finances
Cellphone Payments Offer Alternative to Cash
everal of the companies have developed small credit card scanners that plug into a cellphone and for a small fee enable any individual or small business to turn a phone into a credit card processing terminal. PayPal’s cellphone app calls for only a simple bump of two cellphones to transfer money. Apple has submitted a patent application for a cellphone payment system. Continue reading
Study: Median Wealth for Single Black Women: $100, Single Hispanic Women: $120, Single White Women: $41,000
The Insight Center for Community Economic Development released a report on the gender wealth gap to mark International Women’s Day. The report found nearly half of all single black and Hispanic women have zero or negative wealth, meaning their debts exceed all of their assets. The median wealth for single black women is only $100; for single Hispanic women, $120. This compares to just over $41,000 for single white women. Continue reading
Locked or Unlocked? Today, That Is the Money Question
The cellphone industry has started to change because of a recent policy switch from T-Mobile. And as it does, a shopper will increasingly have to consider the total price of the wireless service plan as well as the price of the phone itself.
This is especially true if the smartphone under consideration can be perpetually updated with new apps. You might not really need to spend hundreds more on a new phone after a two-year contract expires and then chain yourself to a network for another two years beyond. Continue reading