“Personal Finance Daily - Marketwatch” plus 3 more |
- Personal Finance Daily - Marketwatch
- New titles cover personal finance from all angles - Oregonian
- 2010 to be a better, brighter year for personal finance - PR Inside
- Friday food (and a few other) deals - MSN Money
| Personal Finance Daily - Marketwatch Posted: 26 Feb 2010 09:34 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it.
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By MarketWatch Don't miss these top stories: We all know the most devastating effects of the Great Recession -- job losses, bank failures, nest-egg reductions, budget deficits. But there are also more subtle changes that we'll see and that, unlike the job losses, won't be reversed when things finally get better. Here's one that falls into the "I wouldn't have thought of that" category: With more folks having to stay on the job longer to make up for deficient retirement funds, a lot of older workers are going to find themselves working for a younger boss -- in some cases a much younger boss -- and confronting the idea that their supervisors will only get younger in the years ahead. There is nothing inherently bad about that. But it does turn our longstanding corporate-ladder workplace model -- the older you are the more senior your position -- on its head. And it will mean major adjustments in attitudes for both employers and employees if we're to create a successful working environment in this new demographic reality. Oh, the veterans will still be mentoring the kids. But it won't be so the kids can get ahead and do them proud. It will be so the kids don't fire them. -- Steve Kerch, assistant managing editor CAREERS Recession widens generation gap at work
As older workers delay retirement because of the recession, more of them face a new challenge on the job: the younger boss. MarketWatch's Steve Potisk reports.
Tips for finance professionals seeking jobs
FINS.com editor Laura Lorber talks with career coach Roy Cohen about job-search tips for finance professionals.
REAL ESTATE Tough choices in a plummeting housing market
I have always been and still am a financially responsible and socially conscious taxpayer with a good credit score who lived in Michigan for years. I purchased this property in 2006 as my primary residence in Troy for $330,000. I had to move to Arkansas for work in late 2008. I have tried to refinance, rent and sell my Michigan house for months but I have not been successful because of the extremely depressed real-estate market. Where did I go wrong?
Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| New titles cover personal finance from all angles - Oregonian Posted: 26 Feb 2010 07:26 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it. (AP) — Financial well-being can be reached from a variety of paths. Several are charted out by money experts in new personal finance books. In "One Year to an Organized Financial Life," the message to readers is to get off your assets and put your financial life in order, month by month, topic by topic. Organization, then, is the way to success. The second title, "Put Your Money Where Your Heart Is," follows a more inspirational strategy en route to "portfolio peace of mind."
 An alternative way of approaching things gets explored in "The Money Book for Freelancers, Part-Timers, and the Self-Employed." Its target audience may have no choice but to march to a different personal finance drummer in what the authors characterize as a world of mass layoffs and ever-shrinking benefits. Here's a look at the new titles: TITLE: One Year to an Organized Financial Life AUTHOR: Regina Leeds with Russell Wild PRICE: $16.95 (paperback) SUMMARY: The Los Angeles-based Leeds, who dubs herself the "Zen Organizer," takes on finances in her third "One Year" book. Her overarching premise is that when things are in order, you'll feel calmer and more inspired. To help put readers' financial lives in order, Leeds brings in Wild, a financial adviser with a few books of his own. But this book isn't about how to invest or where to stash cash; it's about taking control. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| 2010 to be a better, brighter year for personal finance - PR Inside Posted: 26 Feb 2010 05:52 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it. 2010-02-26 12:12:28 - High Credit Score advocates better financial practice
2010 to be a better, brighter year for personal finance
2010 will be the year that British consumers face facts and take charge of their finances, a spokesperson from HighCreditScore.co.uk has said. Claire Patterson of HighCreditScore.co.uk, membership programme offering access to credit checking and identity fraud prevention services, said: "For too long, UK consumers have been borrowing more than they could ever realistically pay back, putting everything on credit and burying their heads in the sand."It is perfectly fine to put some payments on a credit card as a stopgap until next month, but when people are simply living off credit, it is like living with a ticking time bomb, and in the past eighteen months, we have seen that bomb drop. "2010 will be the year that UK consumers wake up to the reality of debt and start afresh. Many people make new year's resolutions, and revamping your financial practice is a great place to start." In December 2009, debt charity Credit Action released a new set of statistics on the state of UK consumers' personal debt. The statistics make for grim reading. Total personal debt stood at that time at £1,458 billion, and the average household debt, including mortgages, was £58,316. The average unsecured consumer borrowing, such as using credit cards, personal loans and overdrafts, was £4,724 per person. What is more, interest repayments on personal debt were, in total, £65.7 billion, or an average of £2,627 in interest repayment per household every year, highlighting the painful cost of credit. Borrowing was all very well in the boom years before the credit crunch, but an alarming minority of UK consumers had also put away no savings whilst the going was good. Research from Abbey in 2009 showed that one in four UK people with young children had no savings, either for an emergency fund or for their children's future. 20% more had savings, but only £1,000 or less. This means that, whilst UK consumers borrow more and more, they have even less chance of being able to pay their debts in the event of unexpected eventualities. TNS Omnibus revealed at the end of 2009 that 32% of people in the UK would be unable to pay all of their expenses within one month if they were made redundant. 57% of people would be unable to survive after three months if they lost their jobs due to their current debt repayments and expenditure. Additionally 31% of people with savings say they would not be able to cope without their jobs. This equates to 15 million people in the UK being unable to support themselves if they were to lose their jobs suddenly. With the unemployment rate rising, this is a disconcerting thought. "Here at HighCreditScore.co.uk, we urge consumers to take charge of their financial matters now," Claire Patterson said. "We provide our members with the ability to keep track on what they are spending, what they are borrowing and what they owe by regularly checking their credit report and score. "This means that they will always be aware of their credit rating, meaning that they are more likely to think twice before entering into any more debt and instead choose to save money." Another growing threat, aside from large debts and small savings, is identity theft. This is where a thief poses as someone else, using stolen personal details, in order to access or secure new credit. Government statistics show that one in four UK consumers have been a victim of identity theft, or know someone who has. Consumers who are already in as much debt as they can handle would be hit hardest by the theft of their identity, and the damage to their credit rating could take months, and many hundreds of pounds, to rectify. "HighCreditScore.co.uk is not just about responsible borrowing," Patterson said, "We also provide consumers with a better way to maintain control and protection over their identity. "Nobody would dream of leaving their home or car unlocked, but many people would not think twice about leaving their personal information unprotected. "HighCreditScore.co.uk members have access to one of the best identity theft protection packages on the market, helping them to ensure that they have taken all the precautions. The site also offers members advice and guidance on how to keep their details safe. "Not only that, but the package also offers help if members do become victims of identity theft, meaning that they will have expert advice and financial assistance to rectify the theft and restore their credit rating to its proper value. "At HighCreditScore.co.uk, we are dedicated to providing consumers with knowledge of responsible financial practices, as well as the best possible protection against identity theft. We hope that 2010 will be a brighter year because of this."
Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Friday food (and a few other) deals - MSN Money Posted: 26 Feb 2010 12:48 PM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it. This isn't a big week for new food deals and coupons, so we are throwing in some discounts and freebies that you can't eat, with some help from our friends at Cities on the Cheap.
Alas, we are not coming up on National Chocolate Week or National Ice Cream Day, so we have no coupons for those essential items.
This may be the week to try out some of the new happy hour deals or create your own happy hour. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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