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Ithaca Area 8th Most Expensive in Country

Sep042015

Ithaca Area 8th Most Expensive in Country

 

commons aerial120A new national study by the Economic Policy Institute ranks the greater Ithaca area (Ithaca MSA) as the 8th most expensive metropolitan area in the country for a two-parent, two-child household (more expensive than San Francisco and only a few notches below New York City).

EPI's Family Budget Calculator, which includes data for 618 communities throughout the country and is updated through 2014, estimates that a two-parent, two-child household would need $92,603 to attain a modest standard of living in the Ithaca MSA.  Both of the adults in this household would have to be fully employed and earn over $22/hour each to manage this family budget. The Calculator also estimates basic family budgets for seven other family types.

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Scams Target College Kids

Sep042015

Scams Target College Kids

 

College ScamsBuffalo, NY  – The financial decisions college students make now can affect their credit for years to come. Their age and life stage make them susceptible to identity theft and other financial ploys. However, knowing how to fight fraud on campus may not be at the top of their priority list. Better Business Bureau of Upstate New York urges parents to help their children take simple steps toward protecting themselves on campus.

“Young people are tech savvy, but may not know how technology lends itself to fraud,” said Warren Clark, BBB of Upstate New York president. “It’s critical for college students to understand that they are a target for identity theft, scams and credit card offers. If they make a wrong move, these financial matters can affect their credit for years to come.”

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