Filed under: Banks, Banking-checking-account, Banking-savings-account
An online media maven is urging Americans to switch banks, and she wants her crusade to go viral. On the Huffington Post website, founder Arianna Huffington introduces what she calls the “move your money” campaign. The idea is to get Americans — all Americans — to close their accounts at big banks and transplant their personal finances to smaller banks. The budding cause has its own web site, moveyourmoney.info, including a link where you can plug in your zip code and find a list of smaller banks.
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Filed under: Retire, The Dolans, Retirement advice
Ask three different financial advisers the question “How much do I need to save for retirement?” and you will likely get three different answers. But knowing the right answer has a huge impact on how much you need to save now and what type of retirement you will enjoy down the road.
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Filed under: College, Real Estate, 101 banking
If you’ve lived with someone else for any period of time, you know what a pain it can be to track who still owes their part of the cable bill, what’s left on rent and who has or hasn’t paid for groceries in three weeks. I’ve seen Excel sheets, whiteboards, bulletin boards and yes, even a chalkboard used to keep track of shared bills. These work, to some extent, but there’s an easier way to track shared living expenses — BillsAreIn.com. (Continue the story…)
Filed under: Borrowing, Debt, Personal loans
In an op-ed piece (subscription required) in the Wall Street Journal, Virginia governor Tim Kaine explains a new loan program being offered to state employees: the Virginia State Employee Loan Program, “a unique partnership between the Virginia State Employee Assistance Fund and the Virginia Credit Union.” (Continue the story…)
Filed under: Retire, Career
For 17-year-olds getting into the work world today, the chances of starting with a bottom-rung job and ending up on the top of that same company’s heap by retirement age are so slim as to be laughable. Will the companies for which our young adults are entry-level jobbing even exist in 38 years? It’s unlikely, and makes Al Smith’s story even the more amazing. He has worked at Kroger since his very first job at 17; and at the Chillicothe, Ohio Kroger store since age 21, when he started out as produce clerk.
At 55, Al Smith went on the second job interview of his life.
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Filed under: College, Green
According to the Association for the Advancement of Sustainability in Higher Education, 100 majors, minors and certificate programs were created at American colleges and universities in 2009, with focuses on topics like renewable energy and green technology.
According to the USA Today, “The Obama administration has estimated that jobs in energy and environmental-related occupations will grow 52% from 2000 through 2016, vs. 14% for other occupations. That’s partly why budget-strapped schools are adding energy and sustainability programs even while cutting other majors … “
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Filed under: Borrowing, Debt
Chan Ho Park, who pitched in relief for the Philadelphia Phillies last year, has filed a lawsuit against former Texas Rangers catcher Chad Kreuter over a personal loan gone bad.
Continue reading Chan Ho Park sues Chad Kreuter over loan gone awry
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Filed under: Banks
As another year of jobs lost, homes foreclosed and budgets cut draws to a close in America, some of Wall Street heftiest fat cats are tipping the scales with their bonuses — and pocketing your tax dollars at the same time.
Sound unbelievable? Sadly, it’s true, according to BusinessWeek. A recent article from this financial magazine details how one powerhouse bank has taken steps to trim lavish compensation for top execs in response to a public outcry.
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Filed under: Retire, Retirement advice, Taxes-income-tax-basics
Think of 2010 as the year of the Roth IRA. Beginning January 1, the rules governing who can invest in a Roth will be modified, allowing anyone with an existing traditional IRA to take advantage of a Roth — and the special post-retirement tax breaks that this investment vehicle offers.
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Filed under: Budgets, Debt, Shopping, Economizer
The day after Christmas rivals the day after Thanksgiving as one of the biggest shopping days of the year. That’s because the slashed prices (off next year’s trimmings and trappings) can make even the grouchiest of Grinches smile when saving a buck or two. And while shopping the sales can certainly help next year’s bottom line, experts caution over-indulging in after-Christmas sales can lead to you blowing your debt diet. (Continue the story…)
