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Students Participate In Their School's Final Year Prom Dance
Bethany Clarke, Getty Images
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Average Cost Of Prom 2012 Tops $1000

Today's prom isn't your parents' dance anymore. This year's prom price tag could easily top $1000! Read more after the jump.

 

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Category: Family, Money Tags:
Insulinda, Flickr
Insulinda, Flickr
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Michigan Lottery Woman Charged With Welfare Fraud

Remember the Michigan woman who won $1 million in the lottery and was still collecting food stamps? Now she's been charged with welfare fraud, which includes two felony charges.

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ian_martin, Flickr
ian_martin, Flickr
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How Much Are Parents Spending on Their Children’s Proms? — Dollars and Sense

High school proms are getting mighty expensive — and we’re not just talking triple digits, either.

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Category: Family, Money Tags:
401k, Flickr
401k, Flickr
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Tax Day Freebies You Can Take Advantage Of

Tax day is right around the corner and there are plenty of retailers who will be offering free stuff at the stores on this day. If you've been meaning to shred those old receipts, Office Depot will shred up to five pounds of paper and make 25 copies for free on tax day. 

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Category: Money Tags: ,
Kevork Djansezian, Getty Images
Kevork Djansezian, Getty Images
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Mega Millions Winner In Kansas Claims Prize; Remains Anonymous

One of the three winners from the Mega Millions lottery has claimed her prize in Kansas but is choosing to remain anonymous. She is taking the cash option and after taxes she will receive $110.5 million. Not too bad for someone who plans on retiring.

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Yomanimus, Flickr
Yomanimus, Flickr
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Cops Take $12,000 Tip Away From Waitress

One waitress was pretty excited to find a $12,000 tip on her table, but cops ended up taking it because they thought it was drug money. She was told the money would be hers if it wasn't claimed in 60 days then that changed to 90 days.

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Category: Money Tags: ,
Scott Olson, Getty Images
Scott Olson, Getty Images
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Best Buy Closing Up To 50 Stores

Many retailers said they saw this coming for Best Buy, and now the  chain has announced it will be closing up to 50 stores and laying off hundreds of employees in the near future.

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Category: Business, Money Tags: ,
How would you spend $640 million?
Justin Sullivan, Getty Images
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If You Won The Lottery Would You Still Work? [Poll]

The Mega Millions Lottery jackpot is up to $500 million with the next drawing taking place tomorrow night. One lucky winner could get $19.2 million a year for 26 years or a single payment worth $359 million.

Would you still work if you won the lottery?

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Scott Olson, Getty Images
Scott Olson, Getty Images
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Would You Rather Have A Paper Dollar or $1 Coin? [Poll]

Lawmakers are introducing a bill to replace the dollar bill with a $1 coin. The switch would save anywhere from $200 million to $500 million because the coins stay in circulation longer.

In a recent survey, 70% of Americans want to keep the paper dollar. Would you rather have a paper dollar or $1 coin?

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Category: Money Tags:
Simbiosc, Flickr
Simbiosc, Flickr
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Armored Car Spills Cash On Interstate

Last week, Rod and I asked you what you would do if an ATM machine was spilling out cash. Most of you said you would let the bank know what was going on because of karma.

Over the weekend, an armored car spilled cash on an interstate in Maryland and most drivers got out to grab the cash. 

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Category: Money, Newsletter, Weird News Tags: ,
mega millions
getty images
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Mega Millions Jackpot $290 Million, What Would You Buy?

Tonight's Mega Millions jackpot is 290 million dollars.  That's a lot of moolah.  If you took a lump-sum payment  you'd see about 200 million of that, and then taxes would leave you with about half of what you started with.  Give or take a few million.

What would you buy if you came into a windfall like that?

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Category: Money Tags: ,
Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Is It Smarter to Rent or Buy a House? — Dollars and Sense

The collapse of the housing market has led to historically low interest rates on mortgages, leading many renters to wonder if now is a good time to purchase a home.

If you’re mulling it over, consider this: new research says that in most areas, buying is now cheaper than renting.

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Category: Money Tags:

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