Bubbles, Bubbles, Bubbles

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That title isn't just what my wife sings while at the Bubble Lounge in San Francisco or while in a spa... it's the topic of today's article.

Earlier this week, I said I was going to try to be more positive. So before I get into some heavy negative stuff, I feel it's worth reflecting how awesome life is. It's not lost on me that I'm part of small percentage of the privileged few in a privileged country. We carry awesome computers with us that have almost any information that people want. We can tell our Amazon Echo to play Jack Johnson and instantly be happy. (Or maybe that's just me.)

Sometimes I think the negative stuff stands out to me like a sore thumb because of the sharp contrast with all the awesomeness of everything else? What's that phrase that people use nowadays, "first world problems"? Exactly.

I want everyone to have all the awesomeness and none of the bad stuff. And a lot of that awesomeness comes with money and financial freedom. When I see people or business taking that away from people, it makes me sad... very sad. No one likes a sad, Lazy Man.

Let's Get to the Bubbles

I'm not really sure if these really meant the definition of "bubbles", but that's kind of the road I went down. One might also call it capitalism running amok without regulation... or at least "timely" regulation.

Cable Companies and Bundling

Yesterday, I wrote my experience with Cox cable/Internet pricing. In case you missed it, they seem to automatically assess a $25 fee for a declined credit card. In addition, they require products that some consumers don't want (me in this case) to get a "bundle deal." When that expires consumers who fail or forget to complain feel the pain of raised prices. For what it's worth the FTC does have a page about bundled communication services, but it looks like it really isn't a priority for them at this time.

I got several comments and not one was in support of Cox or their cable company. Many claimed that because they have a monopoly in their area (like Cox in mine) and lack choice, the pricing just keeps going up and up. I'd say that's an example of capitalism run amok without regulation. In fact, a few people commenting openly wished regulators would step in.

In the meantime, is it wrong for Cox, or any other cable company, to make as much money as it can? It's in the business to make money, right? If tactics that some described as "shady" makes them more money that's just the business doing business stuff, right? I don't agree with this thinking.

Housing Market in 2008

This is an easy and famous bubble, right? We saw housing prices go up and up. At least part of the reason was because mortgages were easy to get. And as prices of homes got higher, banks created new mortgages to keep putting people in homes. You can reduce the monthly payments on house by making offering a 50-year, interest-only mortgage.

I wonder how many people are still digging out of that mess. The condo I bought in 2005 is worth about $50,000 less than what I paid for it. That's kind of a big deal, right?

Student Loans

I haven't followed student loans too closely as I'm passed that age (Thanks for the scholarship, Brandeis!) and my kids are in pre-school. However, it seems to me that colleges have been regularly raising prices (similar to the home market above) and using a similar idea to the new mortgages... people will just get more financial aid.

Medication (such as EpiPens)

I'm sure you haven't missed the news of late, but prices of medication are drastically shooting up as well. It's rarely that the products are better or more effective. Instead we find the same kind of passing of the buck as above. In this case, insurances cover some of the cost, so the medications may not seem as expensive, but the result has been raising insurance premiums.

Multilevel Marketing Scams

I've covered these extensively in the past. This isn't exactly like the above products, because you can simply choose not to buy the products, and it doesn't hurt that like not having a home, education, internet, or medication. Instead, companies found a way to sell hundreds of thousands (maybe millions) of consumers things like $45/bottle juice or $70/bottle salt water make outlandish health claims by its salesforce and bundling the purchase with a "business opportunity" in selling products via an artificially closed market.

What Can We Do?

In all these cases, I'm not exactly sure what we can do. Congress and the FTC are looking into one or more of these areas, but it seems like all they do is talk. I don't see any meaningful action.

In the meantime, it seems we are left to fend for ourselves as best we can. We try to stay healthy to avoid rising medical costs. We say "no" to $45/juice and MonaVie goes out of business. We decide to look into ways that we can eliminate our cable package. We look schools that present better "value" rather than the very best education.

It's not ideal, but it's your money and in the end, you are the only one who can protect it.

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Posted on September 8, 2016.

The Olympics and Money: Winners and Losers

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I have to start this article with a few disclaimers.

1. I haven't watched much of the Olympics this year... probably about 3-4 hours total. I know there are people who watch more than that each day. They can tell you all the details about each Olympian's life to a degree that I can not.

2. There are some obvious winners when it comes to the Olympics (See: Bolt, Phelps, etc.).

3. Every country is likely to have a different economic system for coaches, athletes, etc. The examples I found are mostly about the United States, but I wanted to make this article a little broader.

Behind the obvious winners it seems to me that there's a lot of losers when it comes to the Olympics.

Losers: The Athletes

There's no shortage of stories about Olympic athletes having financial difficulty. Here's what Money Magazine wrote about cyclist Bobby Lea:

"Actually, for Lea, cycling has been less like a pot of gold than a money pit. The most he’s ever earned in a year is $32,500. He has $10,000 in the bank, zero retirement savings, and $19,400 in credit card debt. His parents have spent tens of thousands of dollars supporting his efforts..."

If that isn't bad enough, Lea's only experience in the workplace is making subs when he was 17. There's potential for endorsements, but they aren't a strong possibility for his type of cycling. Coaching is always an option too.

Need another example? The Wired writes: It’s Really Hard to Make Money as an Olympian.

Finally, this Washington Post article gives a more aggregate view:

"There is no comprehensive data on U.S. Olympic athlete pay, but information collected by a nonprofit last year from 150 track and field athletes ranked in the top 10 in the country in their events found an average income of $16,553."

And let's not getting into the topic of taxing gold medals.

Losers: The Athletes' Parents

It's one thing for the athletes to not get paid an income, but we should consider the parents as well. The Bobby Lea story above explained that his parents have spent tens of thousands to support him, but they aren't alone.

Back in 2012, one of my favorite writers, Kimberly Palmer wrote Why Olympic Athletes’ Parents Go Broke"... Gymnast Gabby Douglas’s mother, Natalie Hawkins, who filed for bankruptcy, and Ryan Lochte’s parents, who are facing foreclosure"

Obviously, these Olympians have been successful enough to more than cover the financial problems of their parents. However, there's just a handful of these famous names who make the big money. As the article explains further, the costs of training can be as high as $100,000 a year. (Though the Wired article shows it can be a more "reasonable" $20,000 range number for runners and swimmers.)

Losers: The Host City

I remember Boston was bidding for the Olympics and the locals were praying that they didn't get it. It became a big political fight. Why?

As Five Thirty Eight writes, Hosting The Olympics Is A Terrible Investment. From the article:

"The 2014 Winter Games in Sochi blew their budget by 289 percent. The 1980 Winter Games in Lake Placid overtopped projections by 324 percent. And the 1976 Games in Montreal ran a staggering 720 percent over projections; the city spent three decades paying down the bill."

and as one expert, David Goldblatt notes:

"There’s this kind of relentless underestimation of costs, because if anyone knew the real bill at the beginning they would never sign up... people have been getting away with a sort of statistical and accounting murder."

If there's a silver-lining to any of this, I'm adding "statistical and accounting murder" to my lexicon. Unfortunately, I'll be needing to make a lot of use of it.

Winners: The International Olympic Committee and Other Executives

The aforementioned Washington Post article seems to show that the Olympic Executives seem to be making the real money:

"At the very top of 'the Movement' sits the International Olympic Committee, a nonprofit run by a 'volunteer' president who gets an annual 'allowance' of $251,000 and lives rent-free in a five-star hotel and spa in Switzerland."

Is it just me, or can you hear John Oliver's voice in your head mimicking the volunteer saying, "No, I need MORE than a quarter million dollars. It must be MORE"?

The article covers a lot more like the USA Swimming Executive Director who makes $854,000 a year. The article focuses largely on groups in the United States that obviously wouldn't apply to some smaller countries.

A Final Olympic Thought

I'm probably not going to write about the Olympics again this games, so I wanted to get one last thing in. I was searching through my archives and found that 8 years ago, I wrote about the the injustice done to Alicia Sacramone in the 2008 games. At the time, I wrote, "I have to wonder what might become of Alicia Sacramone."

It seems like she's done well enough. She is considered one of the most decorated gymnasts in history. She married NFL quarterback, Brady Quinn. Earlier this month, they welcomed their first baby into the world. Let's end this on a happy note and put her in the Olympic "Win" column as well.

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Posted on August 17, 2016.

Many Americans Can’t Afford $400 in an Emergency

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Earlier this month, Lazy Man and Money quietly turned 10 years old.

The economy has changed a lot in that time. If I had to pick one highlight, it would be when the entire banking system collapsed when I went on vacation to Australia/Thailand for a month. (Just this one time, I'll purposely confuse causation and correlation, because it makes for a better story.)

However, one thing hasn't changed... many Americans are unprepared for relatively small unexpected emergencies such as a car repair.

The latest information is highlighted in this article in The Atlantic. The article cites that the a Federal Reserve Board survey shows that 47% of Americans said that they'd cover a $400 expense by borrowing or selling something.

That sent shock-waves around the news sites that I follow on the Internet.

However, it shouldn't have been a surprise to long-time Lazy Man and Money readers. Last year, I wrote How Much Emergency Fund Should You Have? where I cited this research that 64% of Americans don't have the money for a $1,000 emergency expense.

(I hope that someday, someone will ask about $500 which should come in at over 50%. That way I'll be able to make a simple statement of "Most people don't have $500 in emergency cash.")

The easiest solution is to sign up for Digit, which is a free service that periodically squirrels away small, unnoticeable amounts of money in separate bank account. I signed up last year and actually have saved $4545 in my Digit account. I've been so excited by Digit that I wrote a first review and a second review. Digit is also critical to my favorite money hack.

In short, my top advice is for you to sign up for Digit. Sorry to hit you over the head with this. However, if I can help 47% or 64% of Americans be better prepared for the inevitable emergency, it's worth a couple of paragraphs, right?

There's much, much more going on in the The Atlantic article. I'll be referencing The Atlantic article all week (maybe even two weeks) as it covers.

Tentatively, I plan to write about the author's obstacles to secure his financial future. I also hope to cover the story of a local (to me) high school student who may change the future for my state.

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Posted on May 23, 2016.

The Genius of Weird Al Yankovic

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For those who haven't been disconnected from the world over the last couple of weeks, "Weird" Al Yankovic has been busy promoting his new album Mandatory Fun. It's an ingenious promotional campaign where he put out new videos every day for over over a week.

Personally, the last thing I remember from him is Amish Paradise. That was nearly twenty years ago and it has been thirty years from his heyday in the 1980s. Everything is cyclical and Weird Al is showing that he still has some cheese on his fastball (to evoke my favorite Eckersleyism... hopefully the "weird" and you can see why he's been successful.

I've been racking my brain for hours trying to come up with anyone who has done it better. I can't think of anyone who has one of these:

Weird Al being weird - via The Atlantic

This has got me thinking about the value of being an expert versus being good in a lot of little things. I find it very difficult to focus on one or two things. I know this may not surprise anyone given my previous cheese tangent, but sometimes I feel like I have a little ADD, switching from one thing to the next. I think I see more value in getting somewhat proficient in a new skill than trying to squeeze the last ounce of perfection in a current skill such as blogging.

I've often wondered about how this translates to my blogging in general. Regular readers know that I usually don't take time to find an image and put it into article. In fact, and I hate to admit it, but I don't proofread many of articles. While it's easy to just say it's "Lazy being lazy", it's really because I've got a lot of other things going on. These other "things" often contribute to the very thing that I think get people to read my articles. For example, looking for investment properties is not quick or easy. However, having been there and done it, I can confirm it is a lot of work... but it also can deliver a large amount of "relatively" passive income.

To bring this back to Weird Al, I wonder if he's continually practicing his music to play better polka. My hunch is that he isn't. I'm sure he's continually trying to write better parodies and honing his craft there. I'd love to ask if he's trying to squeeze the last ounce of comedic genius out of his brain or if he's learning new skills because that's of interest to him. My hunch there is that it is the former.

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Posted on July 23, 2014.

Beer Size/Pricing Gone Crazy

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Kosmo from The Soap Boxers passed an interesting link my way yesterday. I already had a post in mind for today, but it is Friday and a post about beer clearly takes precedent. The news that Kosmo sent me was about a Idaho Hockey Fans Suing CenturyLink Arena Over Beer Prices.

I know what you are thinking... it's about time that someone did something about the price of beer at sporting events! Unfortunately, we aren't making any headway there. The lawsuit is about the stadium selling a large beer at $7 and a regular beer at $4... which are exactly the same size, just different shape cups. They put together this video demonstrating the rip-off:


That's bush-league of CenturyLink to scam people on their beer. Because of the video, CenturyLink has been pressured to make change. Here's what they are doing according to the story.

"CenturyLink officials announced a short time later that the company would purchase new cups for the large beers that would hold 24 ounces instead of the previous 20 ounces for a bigger difference in size."

Problem solved, right? Well, not exactly.

Typically buying in bulk nabs you are lower unit price. This won't be the case at CenturyLink and it won't even be close. You get the first 20 ounces for $4, but when you pay $3 more you only get another 4 ounces? The small size gives you 5 ounces for your dollar while the large size gives you less than 3.5 ounces for your dollar.

Give me two small beers. I'll gladly pay the extra buck for 16 more ounces of beer.

[Update: I read another article that clarifies that the small size is 16 ounces giving you 4 ounces for your dollar. The new 24 ounce large size at $7 still won't give you the same value though.]

I've noticed the disparity on the pricing of beer at stadiums before. Usually when the smaller beer is a better value, it is really, really close to the point that is hardly worth mentioning.

Next time you are at a sporting event take a look and do a little math. You might be rewarded with a little extra nectar of the Gods.

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News, Spending

Posted on March 14, 2014.

Are We Financially a “Lost Generation”?

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My friend Glen Craig from Free From Broke shared an interesting article on Facebook last night. With a comment of "wow", and former Lending Club friend Rob Garcia chiming in with "whoa", it got my attention. The article The typical American family makes less than it did in 1989 from The Washington Post has nearly 900 comments as I write this.

I read the article and shrugged. I must be missing something.

The article compares inflation-adjusted median household incomes between now and 1989. It even gives showing all the years in between. The author states:

In 1989, the median American household made $51,681 in current dollars (the 2012 number, again, was $51,017). That means that 24 years ago, a middle class American family was making more than the a (sic) middle class family was making one year ago.

This isn't a lost decade for economic gains for Americans. It is a lost generation.

Why should we expect to make gains on median household income on an inflation-adjusted basis? It's like getting on a treadmill and being upset that you walked for a half hour and went nowhere. I guess according to the author this is a lost half hour and yet millions and millions of people find value in it every day.

It seems quite an over-reaction to a loss of 1% of income... or about half a percent after taxes.

The Value of Living Today

Glen on Facebook brought up and interesting point, "After reading the article I also wondered what the cost of living is compared to back then. What if we just don't need as much money for some things as we did back then, like computers?"

My family was one of the earlier families on the block to get a personal computer (The awesome PCjr) back around 1985. Even as we upgraded to 286, 386, and 486 computational behemoths, we never had more than one computer. Today we have numerous laptops, mp3 players, and tablets. The $2000 that my family spent on a computer back then is pretty similar to the $2000 that we spend on various similar technologies today.

We can look back at what my family paid for a landline. I think it was around $40 a month and there were extra charges if you wanted to call long-distance. Today we have Ooma Telo free home phone service, but it piggybacks on a cable bill that has grown from around $20 a month to $125 a month. In addition, many people spend another $100-$110 a month on cell phones and service.

The price of cars have gone up over that time. However, when you adjust for inflation they are pretty much the same (at least through 2006 in that chart). The price hasn't changed, but you get many more safety features, better gas mileage, increased technology, and comfort.

Lost Generation? Really?

Are we really saving money on computers nowadays? Probably not. Are we really saving money on cars? Nope. However, in both cases our money gets us exponentially more than it did back 1989.

The mere fact that an ordinary person with no journalism degree like me can write to thousands of readers and convey this article is noteworthy.

Does that sound like a "lost generation" to you? Me neither.

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Posted on September 18, 2013.

4 Ways the Global Economy Affects the U.S.

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[Editor's Note: The following is a post by Annie Davis. She is a freelance writer from Tampa FL who enjoys writing and sharing her financial tips and knowledge.]

If you don't read global news and financial topics, you might not realize to what extent the global economy affects the U.S. economy. The truth is that every country in the world has an effect on the economy in every other country. Understanding how and where that happens may change your mind about the way you spend and the things you buy.

Importing Items Sees a Huge Impact

The U.S. gets many goods through importing. The country imports certain foods, fruits, and vegetables that only grow in other, exotic areas, along with all sorts of gadgets such as televisions, smartphones, computers, Blu-ray players, and similar items, because while the goods and materials are here, another country may have more knowledge or a quicker factory or workforce. If the price of the items frequently imported into the U.S. goes up or down because of the global economy or individual economies in Japan or Italy, it affects the American economy as well.

Global Economy Affects Exporting

The U.S. also exports many goods to other countries all around the world. Large items such as cars and trucks, airplanes, and computers are big exporters, because they're very much needed in other parts of the world. The state of the global economy affects how much money the United States receive for these goods and services, however. When the overall economy is low, the U.S. won't pull in much money for the items it exports.

Business Loans Aren't as Easy to Come By

If you're thinking about starting up a small business, you need to know what's going on with the global economy. Even though you feel far removed from the rest of the world, it impacts what happens in America. Specifically, there are certain bank regulations coming into play that may well affect your ability to get a loan to start your business.

Banks now have to protect their money, requiring them to assess the risk of lending money to any given business. What happens to your business in Chicago or Tampa could in theory affect the European Central Bank. When you're ready for a loan, it's a good idea to know your risk assessment and get firsthand knowledge from a quality source, such as John Ferraro of Ernst and Young, who can even help you do what you need to secure a loan.

Gas Can Crash the Economy

An image chosen by the guest author (seriously) by Jen Gallardo

Gas has one of the biggest effects on the economy in the United States. Drivers here rely on gas from overseas, and oil embargoes and controversies can cause a lot of problems here. You need only look at the current cost of gas to realize that. The New York Times estimates that the average driver in the U.S. pumps 60 gallons of gas every single month. With gas prices ready to increase at any given moment, you can see what the cost of importing fuel does to the U.S. economy.

The economy of the world creates a kind of butterfly effect—and so does the U.S. economy. How does that make you feel about your spending habits?

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Posted on August 26, 2013.

Kanye’s $120 T-Shirt vs. One Direction’s $2 Million Champagne

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In the past week or so a couple of stories of celebrities and money caught my eye. I don't usually write about celebrities (much less pseudo-celebrities who didn't do anything for their fame), but every now and again it is worth taking a look for a little perspective.

The first story is about One Direction's Liam Payne buying a $2 million bottle of champagne for his friend. Who hasn't splurged a couple of million a good friend, right? The news story cited that he took home around 7.5 million (converting from pounds to dollars) last year. It seems like that was a gift of around 25% of his earnings, which is pretty sizable for anyone. Even worse, it's not an asset as they drank it. Not since Montgomery Brewster mailed an extremely rare stamp has so much money been blown so quickly.

The other story that caught the attention was that Kayne West is selling plain white T-shirts for $120. If you are looking to get in on that, tough luck, they are already sold out.

When I first heard these stories, I had an idea to write an article asking the readers "Which is worse?" Now I see the stories as two very different things. Liam Payne's decision seems to be a wreckless waste of his own money while Kanye seems to be simply maximizing his business potential and taking advantage of his fans (in my opinion).

As for the people themselves, I recently learned that One Direction is not same band as One Republic, and not at all related to the New Directions on the TV show Glee. I also don't know much about Kanye other than his famous rant during Taylor Swift's acceptance speech at an awards show.

Here's what I do know. Macklemore needs to do a follow-up to Thrift Shop. The $50 Gucci T-shirt he raps about "getting tricked by a business" is a bargain compared to Kanye's $120 t-shirts.

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Posted on July 24, 2013.

4 Best Ways to Survive a Tough Economy

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While I'm experiencing a second delay at the airport, I'll pass along this guest post from Anthony Alexander. He is a freelance writer who enjoys sharing his financial experiences with others. In these rough economic times Alexander feels it is important to share all the tips and advice possible to help others.

Tough times in the economy usually equate to tough times for individuals and families who are trying to get by on limited funds, a low level of job security, and a rising cost of living. There are some great strategies you can implement if you are trying to survive in this tricky situation and here are 5 tips to help:

Don’t Buy What You Can’t Afford

Expensive Property

You can't afford this, can you? via Jimmy Harris

It may sound like an incredibly obvious statement but 'don’t buy what you can’t afford' is actually one of the most important rules to stick to during financial uncertainty. We have all gotten used to being able to finance and borrow for items which are outside of our current means, but in the midst of a tough economy this is a very bad idea. Your credit card is not your friend and can land you in a lot of trouble if the card limit exceeds your monthly spare income level.

Only Buy if You Can Afford to Pay in Cash

It is all too tempting to take out a loan to pay for a new car or get a mortgage for a new property, but if the economy takes another downturn you could end up paying the bank back more than your house is actually worth. As a general rule, if you can’t afford to make a purchase with cash, it is likely that you cannot afford it full stop. If we have learnt one thing from the last recession it is that spending more than you are earning and hoping that you will be able to keep up with repayments is a really bad idea. Just because finance options may be available it doesn’t mean they are a good idea.

Get into a Long Term Mindset

If the current economic situation is improving month on month, do not assume that this is the end of hard times. Things can change quickly in today’s global economy so it is best to be prepared for change. What does this really mean? If you are currently earning more than you are spending, instead of splashing out on new things which you can do without, plan for the future and put aside as much as possible each month. A good portfolio will help to ensure that you have enough savings during harsh times. Using an investment company like Fisher Investments overview is a great way to start.

Creating a Budget to Keep Spending Under Control

Creating a sensible and realistic budget will ensure that you know exactly what money is coming in, what your overheads are, and what spare cash you may have each month. It is extremely important to stick to your budget and not to overspend as this is where problems begin to occur. It takes a lot of self discipline but if you can manage to overcome your spending urges you will be in a much stronger financial position. One of the most surprising things you will notice is how much you can save by making little changes such as taking lunch to work, getting rid of the extras on your mobile bill, and disconnecting your landline if you don’t use it regularly.

A tough economy makes life difficult for everyone but if you secure your own financial security by following the tips above you can ensure that you do not end up in a mountain of debt that you are unable to pay off. Sensible spending and saving is the key to your own financial stability and you are in control of this.

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Posted on July 16, 2013.

Justin Bieber Wants Teens to Bill Their Parents? It’s Not SpendSmart.

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My boy is less than 4 months old, but if he was a different gender and maybe 13-14 years old, I'd be very concerned. There are no shortage of reasons that would make me want to Rapunzel her until she's at least 28. (Yes, I'm talking about you Sexy Baby documentary.) Perhaps it would be wise to get into the tower building business.

And then there is Justin Bieber. He might actually be more popular than Jesus especially with that teenage female demographic.

Combine that popularity with a prepaid debit card with tons of fees and parents have a potential problem. Yes, Justin Bieber is going to offer his own "SpentSmart" prepaid card through BillMyParents.com. My wife jokes that she's going to tell Little Man to go to IGotAJobToPayForIt.com or ICollectedCansAndSavedForIt.com when he gets older. She's not really joking though as "Bill My Parents" is just not going to fly here.

The card appears to be anything but "SpendSmart." Here's a list of the fees (rounding up the nickels):

  • $3.95 monthly fee to have the card... which is around $50 a year. If you are loading $1000 on the card, and I think that's extremely generous to give a kid that's a ~5% annual fee
  • Loading charges of ~$3 from a credit or debit card and $0.75 from a checking or savings account. This discourages loading the card often with money, but that's exactly what you'd want to do with a teen so that they don't have access to $1000 at one time.
  • Lost card replacement fee of ~$8. I don't know if I was a typical teenager, but I lost things fairly often, so I could see this adding up.
  • ATM charge of $1.50 to withdra the money, and 50 cents for a balance inquiry. So the card costs me money to carry with the annual fee, money to see how much I have there (at least at ATMs) and money to access the money (at ATMs). I'm sure this doesn't cover the fees of the company that owns the ATM itself, so that's a double hit.
  • An inactivity fee of $3 if the card isn't used for 90 days. So even if I'm paying to carry the card, if I don't use it, there's a fee.

If you were going to get this card for your teenager and put $1000 total throughout the year in small regular increments, I could see it adding up to about $75 in fees or about 7.5%. If that sounds terrible, you've got a keen ear.

In BillMyParents.com's defense they seem to build some good technology into the card that could actually help parents keep track of their child's spending. Also, let's be honest, Justin Bieber's branding isn't going to come cheap either.

I didn't like Suze Orman’s pre-paid debit card. Few liked the Kardasian Kard with fees so high it was canceled due to consumer backlash. Even though some view the Beiber card as a "middle of the road" option for the pre-paid industry (see Lauren Saunders quote on the 3rd page of this Washington Post article), I don't like it any better.

I don't like the intentional mixing of emotion (Bieber) with high fees. I won't even a get a Red Sox credit card, because their rewards are simply not competitive with other credit cards.

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Banking, Celebrities

Posted on January 7, 2013.

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