ON THE MONEY THIS WEEK:
Higher Gas Prices Ahead?
John Hofmeister, Former Shell Oil President
Don't get too used to gas under $2.00/gallon, and oil below$45/barrel. Former Shell Oil President John Hofmeister says we'll all be payinga lot more by the end of the year, and it's all due to some simple laws of economics.
Cleaning out your Closet for Fun and Profit
Tracy DiNunzio, Tradesy.com CEO
If your closet is packed to the brim, and you could use some cash, there's an app for that. The founder of startup tradesy.com TracyDiNunzio shows you how to showcase your clothing, bags and shoes, for fun and hopefully some profit. Plus, how they compete with eBay and consignment shops,and how the business model makes money.
The 411 on 529's
Sharon Epperson, Personal Finance Reporter
529 college savings plans have been in the news this week, the controversy over whether they should be tax-free. But since you've been hearing about them, are they right for you and your family, how do they work,and are there any alternatives? Sharon Epperson explains.
If the Shoe Fits, Sell It!
Kate Rogers, Small Business Reporter
Meet the 16 year old entrepreneur who sees big bucks in old sneakers. With a little help from his dad, this teenager has a booming business, and now his father is on the payroll! Kate Rogers introduces usto a remarkable young man.
COMING UP NEXT WEEK ON THE MONEY: Would you pay cold cash to score a reservation at a hot restaurant? The founders of a new company hope you will.