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    The ABCs of Budgeting

    The ABCs of Budgeting
    Budgeting isn't always easy - but it doesn't have to be impossible. And it's worth it. You'll live with less worry now, and endure less headache later on. Luckily, the Geezeo blog has come up with some basic money management strategies that are as simple as ABC. Follow their guidelines to squash your debt, start saving, and stop wasting money. A ...
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    Outside Health Insurance Policies May Leave You Hurting

    Outside Health Insurance Policies May Leave You Hurting
    The price of health insurance at work is shocking people in open enrollment this year and prompting some to look elsewhere for less-expensive coverage. Insurance professionals sometimes suggest the strategy, especially for people seeking family coverage. Some even suggest individuals might be able to save money by insuring themselves at work and buying outside insurance for the rest of the family. ...
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    Leaving Your Job? Roll 401(K) into an IRA

    Leaving Your Job? Roll 401(K) into an IRA
    Most employees leave their jobs with a box full of keepsakes: company awards, coffee mugs, maybe a photo of the boss wearing a lampshade on his head. But here's something many departing employees leave behind: their 401(k) plans. More than 40% of assets in 401(k) plans owned by workers who left their jobs in the first quarter of 2008 were still ...
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    Over-Limit Fees Ending for 2 Cards

    Over-Limit Fees Ending for 2 Cards
    Discover Financial and American Express plan to stop charging fees when consumers spend past their credit card limits. The move, reported by American Banker Monday, comes six months before a new law clamps down on such fees. The law doesn't require issuers to eliminate over-limit fees, but it will prohibit them from imposing these charges unless consumers say they want the ...
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    Lenders' Mortgage Help Varies Greatly

    Lenders' Mortgage Help Varies Greatly
    David Waxer, financial counselor for GreenPath Debt Solutions in Southfield, Mich., said his office has seen all extremes when it comes to how lenders handle troubled homeowners. One small mortgage company, he said, didn't want to budge and wouldn't lower the 12 percent mortgage rate held by one of its delinquent customers. The lender would only add the past-due amount to ...
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    Personal Finance: Sound Too Good? Hide Your Wallet

    Personal Finance: Sound Too Good? Hide Your Wallet
    Nothing like a Wall Street rally to pump up investors. Eager to recoup losses from last year's market plunge, many recession-battered consumers could be eyeing the Dow's recent recovery as a chance to dive back in. But don't take the leap with your eyes closed. Investment fraud is always out there, and every year plenty of otherwise-smart people get suckered into ...
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    Price of Putting Off Pension Can Be Well Worth It

    Price of Putting Off Pension Can Be Well Worth It
    Q. I have a pension that is available to me and I wonder about beginning the pension now or waiting. If I take the pension now I will get about $1,183 per month. By waiting, it increases approximately 7.5 percent each year to a maximum of $2,071 per month at age 65. I am not in need of the pension at ...
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    Six Tips to Put Your Financial House in Order

    Six Tips to Put Your Financial House in Order
    If you want to spend less time worrying about your money, then it’s time to get your financial act together. These six strategies can help improve your financial situation and simplify your life at the same time. h4. 1. Put Your Savings on Autopilot If you haven’t maxed out your 401k or other retirement plan at work, add an extra $50 ...
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    Budget Your Bonus

    Budget Your Bonus
    Memo to Americans: As a group, for every $1,000 we bring in after taxes, we are saving $7, according to the Commerce Department. Why bring this up? Because if you're anticipating an annual bonus this year, you should probably skip the cruise. Considering salary increases are barely keeping pace with inflation, no wonder white-collar workers are coveting those bonuses to help ...
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    Investment Matters: Income Benefits

    Investment Matters: Income Benefits
    The worth of dividends never seems to be appreciated quite as much as when markets are falling but in periods of rapid growth, they are quickly discounted. After the recent strong run in growth stocks, a reminder of the attributes of equity income is sometimes useful for investors. By and large, the UK investor is swayed by the press and the ...
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    The SBA's ARC Loan Program for Small Businesses

    The SBA's ARC Loan Program for Small Businesses
    The Small Business Administration recently released "lender guidelines" for America's Recovery Capital (ARC) Loan Program. While the program was announced back in May, thousands of small-business owners have been pouring into banks seeking information about the $35,000 interest-free, deferred-payment loans, only to be turned away empty-handed. "We are on target to issue the guidance and begin training, and have been reaching ...
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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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    Tap Your Network to Ace the Interview

    1. Get Started “Before reaching out to your network, define the industry, the company or perhaps individuals you would like information about,” suggests Luna Zuniga, a senior technical recruiter with Bluware, an IT consulting company in Houston. Then think carefully about what you need to know about corporate culture, the job’s expectations, the boss, tidbits about the interviewer, etc. Are you ...
    Rated: +2
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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 ...
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    Personal Finance: 20 Dos & Don'ts for 2009

    Personal Finance: 20 Dos & Don'ts for 2009
    During the worst economic crisis in a lifetime, the right financial decisions are crucial. BusinessWeek asked financial planners for some advice on what to do—or not to do—with your money in the New Year. As we bid farewell to a dreadful 2008, these "resolutions" may help keep your finances on the right track in 2009: h4. 1. Don't try to predict ...
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    5 Ways to Understand Your Credit Card's Fine Print

    5 Ways to Understand Your Credit Card's Fine Print
    If you're like a lot of folks, you may have just received a "Dear Valued Customer" letter in the mail from your credit card company. No, you aren't being fired, but it might feel like it. If you have an affiliate card issued through one of the big banks, it starts like this: "This challenging business climate has led Citibank, the ...
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    Desperate Savers Lock in Annuities at a Bad Time

    Desperate Savers Lock in Annuities at a Bad Time
    Low savings rates and a rotten stock market sent record numbers of savers to lock in current rates with fixed annuities - precisely when rates were near rock-bottom. Fixed annuity sales jumped 74%, to $35.6 billion, the highest ever, for the three months ended March 31, the most recent data available from insurance consulting firm Limra. Fixed annuities are a contract ...
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    Write Off That Round of Golf, and Other Expenses From Your Sales Job

    Write Off That Round of Golf, and Other Expenses From Your Sales Job
    Commitment to your sales job sometimes requires digging into your own pocket to purchase a uniform or treat a client to 18 holes of golf. But such unreimbursed expenses can pinch financially, unless you learn IRS rules for deducting work-related costs from your taxable income. Fastidious record keeping and advice from a tax professional can also help mitigate the suffering. "Many ...
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    The Job Search & Social Networking: 7 Tips

    Choose Your Flavor Don't jump at every offer to join a social networking service. Some focus on dating, while others are devoted to professional interests. Many mix business and pleasure: One moment you may marvel at a newfound friend's taste in tunes; the next you realize she works at the company of your dreams. But you probably don't want to devote ...
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    Advice for Young Investors

    Advice for Young Investors
    Two 22-year-olds are just starting their careers and beginning to save and invest. One devotes half his salary to quickly paying off student loans, with the goal of saving money to travel the world. The other dabbles in stocks, while planning to buy a home. Which one is starting out on the right foot? Neither? Both? Learning to invest is hard ...
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