Skipping $4 lattes will save you some money — but buying into bogus financial advice won't. Finance journalist, Helaine Olen says many of the so-called 'financial experts' are selling you advice to make themselves rich. She discusses her book, Pound Foolish: Exposing the Dark Side of the Personal Finance Industry with host Michel Martin.
If Michigan Governor Rick Snyder has his way, Detroit will become the sixth and largest city there to come under state control. But steering a city out of crisis can be a tricky task. Host Michel Martin speaks with Jerome Vaughn, of WDET, and Robert Bobb, a former emergency financial manager for Detroit Public Schools, about the situation.
Hi! It's Ask a Banker! Once again, I'm a former banker, current Dealbreaker editor and occasional answerer of questions here. Send more questions to email@example.com with "ask a banker" in the subject line, or ask on Twitter (@planetmoney). This week's question comes from Ellen in Minneapolis and I think you'll like it: