Money | Paterson Times | Page 2

Money articles


Buying used car? Flattering the seller will lower price

When meeting a seller to buy a used car the buyer almost always is informed of a price that is much higher than the market value of the vehicle. Consumers set the price at much more than the car is worth because they feel threatened, according to a study published in the Journal of Consumer

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More money more happiness

More money does not translate into more problems as rappers would have us believe or who knows, maybe it does, but one thing is for certain: more money brings more happiness, according to a new study done by economists at the University of Michigan.

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Tax bills to hit the mailboxes after budget gets approved

Residents of Paterson have yet to receive their February tax bill, according to a local paper. The local government normally sends out the tax bill around mid-February, but last year and this year that has not happened; instead it has been postponed for March.


Lava Hookah Lounge Shuttered

A hookah smoking outfit that boasted itself as being “New Jersey’s Biggest Hookah Lounge” has shut down. Located on Montclair Avenue in South Paterson, Lava Hookah Lounge has closed its doors.