Today’s Bits: Foreclose map mimics election map. World’s best airline. $720 for a pair of sneakers.

Foreclosures and the election

Pretty interesting when you overlay the number of foreclosures by state with the election statistics. [keep reading]

World’s Best Airline

You may have heard that Berkshire Hathaway — Warren Buffett’s company — has invested in the four major airlines in the U.S. Were any of these deemed the world’s best airline? No. The Airline of the Year Award went to an airline that I am very familiar with. I have mostly had excellent experiences with this airline except once. Out flight was cancelled due to a crack in the windshield. The airline had to put is up in hotels. It was as though they’d never had to deal with an emergency situation before. Communication was poor. Organization was poor. But that was more than 10 years ago. I suspect they’d figured out how to handle such situations. Regardless, I’d fly them again. [keep reading]

10 fasted growing franchises

If you are looking to own your own business, you might want to consider a franchise.  There are pluses and minuses to owning a franchise, but if you are interested in owning one, here’s a list of the top ten fasted growing: [keep reading]

$720 for sneakers?!

Yes, you read that right. Nike has come out with a pair of sneakers that costs $720. Sure that’s expensive, but at least the shoelaces are self-tying. Inspired by Back to the Future, these shoes tie themselves. And you wonder why people have no money. [keep reading]

Personal Finance courses in schools

Let’s face it, few among us are well-versed in personal finance. Ideally we should learn this from our parents. But if you parents aren’t managing their money well, it’s reasonable to expect that if your parents can’t manage their money, how would you? It’s a reasonable expected result. So if you aren’t going to learn it from your parents, ideally you’d learn it in school; preferably in grade school so that you can have a sound solid foundation when you enter the workforce. While some grade schools are offering personal finance classes, few are. So the next logical place would be college. Here’s a letter in UCLA’s newspaper, The Daily Bruin, suggesting just that. Some of the smartest people graduate from this institution. You might think that they’d understand relatively basic concepts like balancing a checkbook and investing in their company’s 401(k) plan, but apparently, that’s not the case. [keep reading]

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