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Creative Ways to Combine Work & Family
Tweet Share on Facebook May 29, 2009 Comment (9)Sharon Reed Abboud, author of All Moms Work: Short-Term Career Strategies for Long-Range Success, writes about what US News calls "the new mommy track," or the trend towards mothers finding creative ways of combining work and family after their children are born. Abboud says telecommuting, freelancing, and owning your own business are all ways to make it possible.
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Donald Trump: How He Bounces Back
Tweet Share on Facebook May 28, 2009 Comment (6)As The New York Post points out, last week was very bad for Donald Trump. His magazine, Trump, was cancelled, and a judge rejected his claims that the book Trump Nation defames him by questioning his net worth.
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Kathy Davis on Flourishing Amid Recession
Tweet Share on Facebook May 28, 2009 CommentKathy Davis, the designer and author of Scatter Joy: Living, Giving and Creating a Life You Love, says that the toughest times can serve as inspiration for pursuing business dreams. She also shares her own money-saving, and spending, tips.
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How to Spend Like a Frugal Millionaire
Tweet Share on Facebook May 27, 2009 Comment (20)Today’s guest post comes from Jeff Lehman, author of The Frugal Millionaires.
Saving thousands while still spending.
Millionaires make up just 2 percent of the population. They get a bad rap during recessions for being wasteful with their money and are frequently used as examples of excess. It’s the millionaires that you don’t see that you can learn from in times like these. I call them the frugal millionaires and interviewed 70 of them to uncover ways we can all be smarter with money.
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Should First Time Home Buyers Get Counseling?
Tweet Share on Facebook May 26, 2009 Comment (23)Susan Keating, president of the National Foundation for Credit Counseling, thinks that all first-time home buyers, along with anyone else taking on a non-traditional mortgage, should be required to take a financial counseling class. That means that someone like me, who is considering buying her first home, would need to sign up for a lesson on how mortgages work before the big move-in day.
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Happy with Less
Tweet Share on Facebook May 22, 2009 Comment (2)When I wrote about the high material expectations of 20-somethings, I was intrigued by the comment from Jae Jimenez, a 26-year-old who lives in Brooklyn. He and his wife live in a two-bedroom apartment with their 10-month-old daughter Ava. Instead of wishing he could afford a big house for his family, he said that he's content, and grateful, for what he has.
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Saving Money, with Help from the Government
Tweet Share on Facebook May 21, 2009 Comment (4)Following up on yesterday's post on whether saving money is a luxury, I also spoke with Barbara Dafoe Whitehead, director of the John Templeton Center for Thrift and Generosity at the Institute for American Values. She says that while it is, of course, harder for lower-income groups to save money, it's still possible, and the government could do a lot to make it easier. For example, she thinks that state lotteries undermine people's efforts to save. If people put that $5 a week into a savings account instead of a lottery ticket, they could start to build a nest egg.
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Is Saving Money a Luxury?
Tweet Share on Facebook May 20, 2009 Comment (4)There has been much made of the fact that the U.S. personal savings rate has inched upwards as the recession continues. In the first quarter of 2009, it hit 4.2 percent, its highest level since 1998. But who, exactly, is able to save more money? Probably not those who lost their jobs, or those who had been struggling to make ends meet even before the recession began. Because the government doesn't collect the savings data based on income levels, there is no way to know whether it's the upper-income folks who are driving that uptick.
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Save Money By Using Your Computer as a Phone
Tweet Share on Facebook May 20, 2009 Comment (7)Today's guest post comes from Julie Trade Levitch, a freelance writer based in Scottsdale, Arizona.
With consumers and businesses making more long distance phone calls than ever before, the need for reasonably, reliable phone service has never been in greater demand. Fortunately, voice over internet protocol (VoIP) technology that enables phone calls to be made over the Internet has dramatically reduced the price for dialing long distance. However, with a growing number of VoIP service providers offering a variety of services, it can require a certain amount of research to determine which option is the right fit for your specific needs.
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Senate Passes Credit Card Bill
Tweet Share on Facebook May 19, 2009 Comment (6)The Senate approved the credit card bill today, which means President Obama will likely sign it into law as soon as the House and Senate reconcile their two versions of the legislation. Almost immediately, the American Bankers Association expressed its dismay:
