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    6 Ways to Save for an Unexpected Job Loss

    6 Ways to Save for an Unexpected Job Loss
    Coinciding with the tightening job market is a gloomy statistic: Few American workers are saving for potential layoffs. According to an Adecco USA Workplace Insights survey, only one-quarter of workers claimed to be saving for unemployment, and 58 percent had no plans to put money aside for a job loss. You've probably heard that you should have at least six months ...
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    What to Do with Your 401k After a Layoff

    What to Do with Your 401k After a Layoff
    If you're among the millions of people who have lost their jobs since the recession started in December 2007, you’re facing some daunting financial questions. One may be: What should I do with my 401k? While raiding your 401k to pad your bank account during your time of transition may seem appealing, doing so could sabotage your chances of a financially ...
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    Death of the Credit History Check

    Death of the Credit History Check
    There’s a growing backlash against credit history background checks in the hiring process. At the head of the movement is Jacqueline Berrien, the chair of the Equal Employment Opportunity Commission. According to labor experts I’ve been talking to in the months since she got the top post at the government agency in April, she doesn’t much like credit checks and has ...
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    10 Great Companies for Women

    [photo:6293] General Mills General Mills manufacturers and markets some of the world’s best-loved brands landing at a store near you. Popular kitchen characters like the Green Giant and the Pillsbury Doughboy help secure its place as the sixth largest food company in the world. To advance its mission to “nourish lives by making lives healthier, easier and richer”, the Community Action ...
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    7 Office Offenders (And How To Regulate)

    "Why can't we all just get along?" One of the biggest causes of office stress is the inability of coworkers to cope with each other's quirks. An employee's relationship with his/her boss and colleagues is a major factor in determining his/her productivity. Unfortunately, the unpredictable mix of personalities, communication styles, and work habits can lead to dysfunction. Face it. People ...
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    6 Red Flags That'll Put You in Tax Purgatory

    6 Red Flags That'll Put You in Tax Purgatory
    Around February, my commute home starts to give me a knot in my stomach. That’s because my bus passes a tax-preparation shop where, as tax season draws nearer, a woman stands outside wearing a Lady Liberty costume and holding a sign that promotes the shop’s services. Oh, great, I think, it’s time to dance with the IRS again. I don’t know ...
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    Treat Your Boss' Expenses as Your Own

    Treat Your Boss' Expenses as Your Own
    With the economy turned upside down, everyone these days is focusing on expenses. And companies are tightening their belts and cracking the whip where they may not have done previously. My company just instituted its first expense policy guidelines. Up until now, they had always expected that employees would be price-conscientious while dining out or choosing a hotel. Unfortunately, people took ...
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    5 Things You Can Do Now to Prepare for Rising Inflation

    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 ...
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    7 Common Mistakes of First-Time Homebuyers

    7 Common Mistakes of First-Time Homebuyers
    Buying a home for the first time can be an invigorating yet scary experience. Here are some pitfalls to avoid when you’re buying your first home: 1. Buying Before You’re Ready Although you may hear people say you’re “throwing your money away on rent,” it isn’t always wise to buy a home. If you make a good salary and have an ...
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    Fiscally Unfit

    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 ...
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    10 Things You May Not Know About Your Finances

    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. ...
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    3 Tips to Start Building a College Savings Account

    3 Tips to Start Building a College Savings Account
    A new survey by online brokerage TD Ameritrade says college is the top reasons teens save their money. The results were a pleasant surprise to educators who are focusing on getting personal finance taught in schools. The survey indicated 78 percent of teens say they want to share the cost of college with their parents. To start building your college savings, ...
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    Five Habits of Millionaires

    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 ...
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    Make Major-League Financial Plays with Minor Hits

    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 ...
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    401(k)s: Employer Contributions Get the Ax

    401(k)s: Employer Contributions Get the Ax
    When times are tough, companies find cost savings wherever they can. Now some employers are doing away with the 401(k) match, a benefit once considered almost sacred. The list of companies that have suspended or cut back corporate matching in their defined-contribution retirement plans this year is not trivial. It includes General Motors (GM), Frontier Airlines (FRNTQ), car-rental company Dollar Thrifty ...
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    Don't Fall Victim to the Triangle of Entrepreneurial Finance

    Don't Fall Victim to the Triangle of Entrepreneurial Finance
    This article has been excerpted from Ultimate Guide to Personal Finance for Entrepreneurs by Peter Sander with J. Jeffrey Lambert, available from Entrepreneur Press. Business operations, business finances and personal finances are inexorably linked in the triangle of entrepreneurial finance. Decisions and actions at one point in the triangle will most likely-in at least some way-affect a decision made in another. ...
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    Safeguard Your Retirement in Hard Times

    Safeguard Your Retirement in Hard Times
    Investment losses, job loss or downsizing, an upward adjustment on your adjustable rate mortgage, and higher prices on everything from gas for your car to rice for the table are only some of the current factors that could derail your financial planning for your golden years. When your income is not covering all your expenses, it can be tempting to simply ...
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    Beware of Higher Tax Bill Before Dropping 401(k)

    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 ...
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    What to Do if You Can’t Pay Your Bills

    What to Do if You Can’t Pay Your Bills
    Lacking the cash to pay your bills is a bad situation, but avoiding the problem is worse. If money is scarce and bills are coming due, don’t panic. Gather your statements and a calculator, and go into planning mode. Tackle the crisis as a whole, rather than dealing with issues as they arise, which raises the risk of making poor financial ...
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    Hitting the Personal Financial Reset Button

    Hitting the Personal Financial Reset Button
    A BW senior correspondent details his quest to repair his retirement portfolio and get his family's finances in order It could have been worse. At the end of February—a year and change since my wife and I had shifted our money to professional wealth management advisers—our equity holdings were down 48% for the 16 months they had managed it. But our ...