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5 Money Mistakes Smart People Make
Everyone has at least one frugal friend who always crows about how much money he saves by clipping coupons or frequenting discount stores. And while this friend’s behavior/bragging is a great reminder of how you should be more financially savvy — especially when the U.S. economy isn’t in the best shape — he may overlook some simple savings strategies that you’ve ... -
Get Back to Work with the Best Deal
I once received a letter from a woman who had just gotten a job offer. She had been unemployed for three months and wanted to know if she should accept the offer or try to negotiate for more. She felt the offer was low - less than she had been making at her last job - but was afraid that if ... -
Eight Tips for Job Hunting During the Recession
The global credit crisis and flat-lining domestic economy could make this one of the most challenging times to be looking for a job in recent history. According to the Bureau of Labor Statistics, the number of unemployed increased to 11,000, and the December 2008 unemployment rate hit 7.2 percent - the highest level in sixteen years. In the financial services industry ... -
Look for Work in Troubled Times
It's hard enough to job hunt in a thriving economy, but now, even the heartiest job seeker may be inclined to roll over and catch a few more z's rather than hit the streets. Don't quit looking before you start. Job hunting requires you to pull out all the stops and take the basics to a new level. You truly have ... -
The Layoff Survival Guide
This article offers general information on legal and financial matters relating to employment. For specific information relating to your situation, please consult an attorney, financial planner or appropriate government agency. Now that you've lost your job, you need to hurry up and find a new one, right? Wrong. You've got to buck up and tie up loose ends with your ex-employer ... -
Five Habits of Millionaires
According to a study of college students at the Ernst & Young International Intern Leadership Conference in Orlando, Florida, 59 percent of these young leaders expect to be millionaires within their lifetime. What's more, 5 percent of them expect to hit the million-dollar mark while in their 20s. And the super-rich are a growing group. The top 0.1 percent of the ... -
Five Ways to Cut Your Commuting Costs
Ever wonder how much money you can save by cutting your commuting costs? How about enough to pay for two trips to Ireland plus several major home improvements? As chief of marketing for the Maryland Transit Administration, Buddy Alves set out to see how much money he and his wife could save on their commute from the Baltimore suburbs to their ... -
Make Major-League Financial Plays with Minor Hits
Baseball fans love to see what a big hitter might unleash at bat. Babe Ruth, the Great Bambino, won an astounding seven World Series rings with the Boston Red Sox and New York Yankees. He had a career slugging percentage of .690. The home-run race in 1998 between Mark McGwire and Sammy Sosa caught the attention of every kid with grass-stained ... -
Fiscally Unfit
How well are America's workers prepared for financial uncertainties and for the eventuality of retirement? In their own estimation, millions of employees haven't found a secure path to a bright future, whether that future begins in a retirement 40 years from now or at the end of the month, when the bills come due. Those are the disturbing findings of a ... -
Malpractice Insurance: Why You Need It & How to Get It
You can never be too safe. In no industry is that more true than in healthcare. No matter your job title, you are impacting patients' lives every day. You may think that medical malpractice insurance only applies to physicians and nurses, but in actuality, almost every healthcare professional can obtain some form of malpractice coverage either through your employer, a professional ... -
Six Steps You Can Take to Financial Prosperity
No one can guarantee you a healthy and prosperous retirement. Life is just too unpredictable. But you can increase your odds of enjoying your twilight years in comfort by pursuing a regimen of common-sense steps. Here are six top ones: h4. Decide carefully on health care You can do at least three things to help secure your health in retirement: Take ... -
Bailout Bill Extends Tax Breaks for Individuals
In 2008, legislation was passed to help rescue US markets and the economy. But did you know that these bailout bills also included a bundle of income tax breaks? The biggest ones are known as "extenders" - popular tax breaks that might seem permanent to most taxpayers, but actually must be renewed every year or two. Stuffed inside the *Emergency Economic ... -
Can Your Personality Help You Weather Tough Economy?
Does the economic downturn terrify you? Or are you plotting a new strategy for life with less money? Your reaction offers a peek into your psyche, say researchers who study how personality shapes people's reactions to uncertain times. "People think about themselves and others in terms of typology — you're this type," says researcher Peter Jason Rentfrow of the University of ... -
Beware of Higher Tax Bill Before Dropping 401(k)
DES MOINES (AP) — With economic pressures mounting, you may think reducing your 401(k) contribution is an easy way to add money to your paycheck. But before you do, consider how it will increase your tax bill. Many people have become so focused on the recent losses of 30% or more in their account balances that they've forgotten a primary benefit ... -
5 Things You Can Do Now to Prepare for Rising Inflation
We all have our little fears: The frayed wire on the coffee maker. That knocking noise from the left-rear tire. The zombies staggering around in the backyard. For investors, one of the biggest fears today is inflation — a period of rising prices. Inflation erodes the buying power of your money at home and abroad. In a worst-case scenario, it can ... -
How to Ask for a Raise in a Recession
The current economic climate doesn’t exactly lend itself to asking for a raise. With all the talk of bailouts, budget cuts and layoffs (not to mention undue bonuses), many an employee is wary of asking for more money. But what if you deserve a raise? According to some experts, you are in luck. Now could actually be the best time to ... -
How Would You Spend a Raise or Bonus?
When we asked Monster readers what they’d be most likely to splurge on if they got a big salary bump -- a new car, wardrobe or home entertainment technology -- the car topped the list with 51 percent of the votes, followed by the wardrobe with 30 percent and the home entertainment center at 18 percent. But quite a few readers ... -
10 Things You May Not Know About Your Finances
1: Medicare doesn't cover nursing home care. Nearly 60% of Americans think Medicare pays for nursing care, and 52% assume that it covers assisted living, according to a 2006 survey by AARP. Not so. Medicare's coverage of long-term care is extremely limited. It'll cover part of the cost of a skilled nursing facility while you recover from an injury or illness. ...

















