Response to Tom

I think that is completely wrong for a company to be giving those kinds of bonuses to a single employee. Even if it is a manager, I don’t think they should be getting that big of a bonus, especially a company that had to lay off 100 workers that past year. That is just not fair that 100 workers lost their jobs because the company wasn’t able to pay them and then six months later give 1 million dollars to one of the managers. The manager is probably making good cash anyways. It would be understandable if one of the line workers came up with a design idea on their own and presented it to the company and got a huge raise for it, because that’s not their job. The manager who gets paid well to come up with new designs, should not get a million dollar because she came up with a new design that worked very well. It is similar to a doctor that prescribes a patient with a medicine which eventually cures the patient. The doctor is just doing his job the right way, and does not get a million dollar bonus every time a patient recovers from an illness.
What companies have also done things similar to this?

Response to Jack Guerino

I agree with Jack's point of view on saving receipts. It is almost completely pointless to save the paper receipt when almost all of our transactions are electronic. I understand that people would want to save their receipts in case they had to return whatever they purchased for a refund. But for the managing money part, it is just easier to go to the bank and get a bank statement for all of your purchases that month. So for items that are most likely not going to be returned for a refund, like groceries or going out to eat, then receipts are useless and a waste of effort, energy, and paper.

In what ways can people manage their money better, without the use of receipts?

Response to Kathy Cross

Is it fair that women get less pay than men for the same work?

I dont feel it is fair that women get less pay for the same work that men do. Also its not fair that minorities get less pay than white people. The glass ceiling, is exists in companies is referred to when minorities or women aren't able to get to top management positions. This is not very good when it comes to the competitiveness of the business. Having a women in a high position in the company can be very helpful. She might be able to come up with different ideas, or market a certain product better than a man would be able. Having a more diverse work place can also bring better problem solving solutions because there is a bigger information pool.

In what other ways is more minorities and women in the workplace a benefit?

Response to Jack “If a Company is evil should they get the boot?”

Should we be the ones setting Walmart straight, or should it be dealt with by a higher order such as government?
I actually watched a video on how evil Walmart is. They showed why the stuff there is so inexpensive. It’s because they have sweat shops around the world that have people that live in poverty working in a factory morning till night making $0.30 a day. That is definitely evil and immoral, its one of the most evil companies out there. How should this be dealtwith? Well the people of America could theoretically shut them down by not purchasing any goods there at all. This is very unrealistic because that is where millions of people buy a lot of their daily things, like soap, shampoo, and groceries. Since it is practically impossible for the people to shut them down, the government should definitely do something about Walmart and other evil companies.

Response to Jack “Will there be a day where everything is bought online?”

Is buying everything online foolproof or should we be hesitant? Well there are several points of view on making online purchases. First off, there is the argument that making frequent purchases online will actually help the natural environment by reducing exhaust emissions, which will help keep the air less polluted. That’s one of the arguments that some tree hugger would put out there. But for the safety of a person’s identity there are definitely some precautions that should be taken. Typing your credit card number into any and every site will obviously greatly increase the chance of someone or a company misusing your card number. This is usually a bigger issue with the bank and not so much the card holder due to the fact that most cards have protection against stolen card numbers from online purchases. So basically if there is a problem, its mostly within the bank, which means the choice of online purchasing or not is really up to the consumers preference. Although there might be some occurrences where there’s some type of theft with the card, but the bank will have to figure it out and usually won’t count against you. With that said if the consumer is willing to take the chance and the hassle credit card identity theft then they shouldn’t be hesitant to sit down, have their credit card ready and start shopping.

In response to Sarah Simmons

Do you think this responsibility fall on the student or the parent of the student? (education about financial debt)

In most cases, when a 17 or 18 year old high school student is looking into college their parents are the ones that will be needing to pay for some part of the tuition or cosign their loans. So in just about every case the parents have something to do with a kid going to college. This is why I think that the parents should try to talk to their kid about financial debt and what to expect when they are all done college. The parents are the ones that have been out in the real world dealing with this stuff for years, so they are the ones have firsthand experience with it all. An 18 year old usually has never had experience with any sort of financial debt. In my high school they had a meeting for financial debt which they talked to us about all the loans and financial aid we can get. This helped me somewhat understand what was going on, but my parents have already gone through the college debt thing so I think that parents with experience in college or any financial debt should help their kid understand it all.

Response to Katie McGarity

Do you think saving all of your receipts is helpful? Do you save all of your receipts?
I also think it is very important for students to keep track of the money they are spending, especially if they are using a credit card for most of their purchases. Many students are so caught up in their studying, school work, work, partying, or with their friends they often aren’t able to pay close attention to what they are spending with their credit or debit cards. Then before you know it, it’s the end of the month and they need to pay their credit card bill, and all the little things have added up and they cant afford their monthly bill. So would saving all of their receipts help them manage their accounts better? I don’t think it would help them with what they are spending, it would only help them if there was a misunderstanding at the bank for some reason. The one thing that I would recommend to help them control their bank accounts is to have an online banking account and check their balance almost every day. That way they can see how much they are able to spend during that specific day. Keeping every single receipt is too hassling and will get confusing if you use them to keep track of your balance. I don’t keep any of my receipts, I just check my balance every day and try to use cash for most purchases.
Is it better to make purchases with cash or credit? Why?