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Financial (Il)Literacy Among the Young - Freakonomics Blog - NYTimes.com

Dave Ramsey has created a Financial Literacy class for high school students that is being used in about 1000 schools.

Five Steps to Six Figures in Seven Years * Get Rich Slowly

FMF guest posts a nice piece on GRS about earning 6 figures in 7 years, gets a surprising # of negative comments. Themes: Jealousy, "not everyone can do it," "I'm too old," "Yeah but 100k means you hate your job"

Along With Layoffs, Recession’s Cost Can Be Seen in Pay Cuts - NYTimes.com

Sad story about pilot whose salary was cut 50% to $34,000

Philadelphia Magazine:

Jeff Yass was always a little different from his peers — a brilliant young man taken with poker and horse racing and the power of rational decision-making. He’s used all of it to turn his company — Bala Cynwyd’s stealthy and mysterious Susquehanna International — into one of the world’s most lucrative and powerful financial firms

Credit Card Firms More Willing to Negotiate With Customers - washingtonpost.com

As more Americans lose work, many are increasingly struggling to pay their credit card bills, forcing banks to do what they had been loath to do in the past: forgive some of the debt or modify it in the cardholders' favor.

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