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Hometown Wants to Cash in on Coachella’s Popularity

Like many California cities hit hard by the real estate crash, Indio (near Palm Springs) has been forced to make steep cutbacks to avoid bankruptcy. But unlike other cities, Indio hosts the highest-grossing music festival in the world — Coachella — which wraps up this weekend. It has made city leaders eager to capitalize on [...]

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Ways to Develop Your Child’s Financial Literacy

Do you feel like you are your kid’s ATM machine? Does your child spend faster than he saves? Do you worry that you’ll still be delving out an allowance to your child when he is 45 years old? If so, you’re not alone. Some of parents’ biggest concerns center around their kids’ inabilities to handle [...]

Rob Rumley

Build a Financial Team That’s Super Bowl Strong

The Super Bowl is upon us again. Football enthusiasts will gather with friends and family for good food and fun, as they watch the best teams compete for the coveted title of  Super Bowl champs. I love watching football and am impressed by how much strategy has gone into building each team —  from the [...]

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President Obama Edges Mitt Romney In Monthly Cash Haul For August

President Barack Obama raised more money in August than Mitt Romney, snapping a three-month string in which the Republican challenger had held the edge in the decisive category. The Obama campaign collected $114 million for the month, edging out the $111.6 million haul the Romney campaign managed over the same period, according to USA Today. [...]

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Study: Money Is Cause of Most Arguments for Married Couples

The biggest source of conflict between married couples is money, according to a survey from the American Institute of CPAs. Researchers polled over 1,000 people and 27 percent cited financial woes as the topic most likely to start an argument. Jordan Amin, chair of the National CPA Financial Literacy Commission, believes this is because of [...]

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Mayweather In The Money: To Earn Largest Ever Boxing Pay Day Saturday vs. Cotto

Floyd Mayweather Jr. may have more mouth than a little bit. But he has backed it up in the ring, and that proficiency has earned him the largest guarantee in boxing history. For taking on junior middleweight challenger Miguel Cotto Saturday night in Las Vegas, Mayweather will earn at least a whopping $32 million. On [...]

Floyd Mayweather Jr.

Mayweather Top-Earning Athlete In 2011

ESPN The Magazine will release its “Money Issue” on May 14, and at the top of it will be boxing champion Floyd Mayweather Jr. According to the publication, Mayweather, who fights Miguel Cotto this weekend in Las Vegas, earned $40 million last year, which is tops by far for one athlete in the United States. [...]

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Mayweather Makes $1.8 Million off Clippers

The Los Angeles Clippers may have made history in overcoming a huge deficit Sunday night over the Grizzlies in Memphis. But Floyd Mayweather made money off of the win. Big money. The champion boxer who fights Miguel Cotto in a junior middleweight bout in the Las Vegas on Saturday reportedly won $1.8 million from betting [...]