Archive for June, 2009

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Layoffs At Your Company? More Work For Same Pay, But It’s Not Necessarily A Bad Thing.

After all, it means you still have a job. Many people have been looking for work for month and even years, so knowing you still have a desk to sit at for your company is just about worth the price you might pay. My brother spent almost 5 months unemployed for the second time in 2 years, and I am sure he would have preferred a little more work for the same pay in this economy. However, CNN/Money is phrasing it as “Layoff survivors are now stuck with more responsibilities and additional stress – for the same old salary“, turning what might be seen as a positive into a negative.

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working
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Sunday Money Roundup – Soccer Season Begins Edition.

This year, I am playing adult co-ed soccer, and I fully expect to end up in the hospital. It has been years since I have played, and although I played varsity in high school, it was a long, long time ago. So wish me luck this week as I have 2 games 2 nights in a row, and I hope to survive them. On to the roundup…

Man Vs. Debt talks about 27 Last Minute Considerations Before Moving Across The World as they prepare to move to Australia from Indiana. Good luck!

Five Cent Nickel advises you on how to pay off your mortgage early.

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favorite links
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Money Quote Friday – Benefits Not Essentials Edition.

“You cry over spilled champagne! Your complaints are not over the lack of necessities, but the abundance of benefits. You bellyache over the frills, not the basics. Over benefits not essentials. The source of your problem is your blessing.” ““Unknown


I want to take a moment to thank The Wisdom Journal, Debt Kid, and Bible Money Matters for their guest posts this week. This has been a difficult time around here, and I sincerely appreciate them helping me out this week – you guys are the best.

Have a great weekend everyone.

quotes
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Tracking Your Spending For A Month Can Help Open Your Eyes To Unnecessary Expense.

Due to some pressing issues here on the homefront, I will be running a few guest posts this week. This is a post from Peter who writes for Bible Money Matters, a blog about personal finance and faith. You can subscribe to his RSS feed here or via email here.

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saving
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AIG Wants To Use A Charity Endowment To Pay Bonuses.

Seriously, I don’t know how much more of this I can take before my head falls off. I am so done hearing about these “poor” executives and their million dollar bonuses. Why would any company, who was actually interested in doing well, need to retain people (with our money too, mind you) who drove it into the ground in the first place? Really?

Insurance giant AIG is trying to seize a $490 million charitable endowment — and claw back $27 million it already awarded to New York charities — to pay executive bonuses. The endowment, called Starr International Foundation, is run by former AIG chairman Hank Greenberg, and has given millions to the Sept. 11 Memorial and Museum, Citymeals and other local groups.

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banking
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