Money Answers

How Many Homeowner’s Are Underwater on Their Mortgage at the End of 2012?

01/30/2013
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A whopping 10.7 million homeowner’s were underwater on their mortgage at the end of 3rd quarter in 2012. Underwater refers to a homeowner that owes more on their mortgage than their home is worth. In percentage terms, 22 percent of all homeowners are upside-down on their equity. Source: Corelogic

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Most Popular Halloween Costumes for 2012

10/29/2012
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They come in makeup. They come in dress. They come with accessories. On October 31st, adults, children and dogs will be wearing their favorite costumes for Halloween. According to consumer research, some costumes are more popular than others. According to NRF’s research, these are the most popular Halloween costumes for 2012. Children 1. Princess...

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How Much Does the Average Family Spend Eating Out?

09/28/2012
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When all parents are working a day job, it’s easier to pay to put food on the table than to physically put food on the table. The average family spends $2,620 each year eating out. That’s 40.6 percent of the total dollars a family spends on food in a year. Monthly, families spend $218...

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What is the Rate of Inflation for College Tuition?

09/28/2012
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Every year, college seems to cost more and more money. This is known as inflation. For tuition, increases in price are expanding at an alarming rate. For public school institutions, tuition has been increasing at 5.3 percent each year over a 10 year period. For private colleges, tuition has increased at a rate of...

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Which States Accept Ugift for 529 Plan Gifts?

09/28/2012
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Most 529 Plans that work with Upromise also accept Ugift contributions from friends and relatives looking to give the gift of a college education. The official list of 529 Plans that utilize Ugift is below. GIFT College Investing Plan (Arkansas) CollegeInvest Direct Portfolio College Savings Plan (Colorado) CHET Advisor (Connecticut) IDeal – Idaho College...

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