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    Financial Doors Can Open for College Applicants that Plan Ahead

    Financial Doors Can Open for College Applicants that Plan Ahead
    Ripple effects of a dour economy are making this college application season as nerve-wracking for some admissions officers as it is for applicants. But for savvy families, there may be new opportunities. "A lot of schools are going to be concerned about meeting their requisite enrollment thresholds," says Barmak Nassirian of the American Association of College Registrars and Admissions Officers. "They ...
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    Mortgages: What You Need to Know in 2009

    Mortgages:  What You Need to Know in 2009
    With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a great deal on a 30-year, fixed-rate, conforming loan these days if you have a solid FICO score, a manageable debt burden, and proof ...
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    Safeguard Your Retirement in Hard Times

    Safeguard Your Retirement in Hard Times
    Investment losses, job loss or downsizing, an upward adjustment on your adjustable rate mortgage, and higher prices on everything from gas for your car to rice for the table are only some of the current factors that could derail your financial planning for your golden years. When your income is not covering all your expenses, it can be tempting to simply ...
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    New Credit Card Protections for Consumers

    New Credit Card Protections for Consumers
    WASHINGTON, Dec. 18 /PRNewswire-USNewswire/ - New rules adopted by the Office of Thrift Supervision today will help protect consumers from certain abusive credit card lending practices that can result in excessive fees and interest rate charges. The rules were developed in conjunction with the Federal Reserve Board and National Credit Union Administration, which are expected to adopt the same regulations later ...
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    How Much Money Should You Save for Retirement?

    How Much Money Should You Save for Retirement?
    Have questions about planning for retirement? Our Money Mentors have some answers. They aren't financial pros. They're ordinary folks who, as retirees, manage their own finances. Their nest eggs, excluding their homes, vary from a couple hundred thousand dollars to $2 million. The one thing they have in common is experience as retirees — and the desire to share the lessons ...
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    5 Money Mistakes Smart People Make

    5 Money Mistakes Smart People Make
    Everyone has at least one frugal friend who always crows about how much money he saves by clipping coupons or frequenting discount stores. And while this friend’s behavior/bragging is a great reminder of how you should be more financially savvy — especially when the U.S. economy isn’t in the best shape — he may overlook some simple savings strategies that you’ve ...
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    Filing Taxes Online

    Filing Taxes Online
    Tax season is right around the corner and several military families will attempt to file their taxes on paper. However filing taxes on paper is a long and cumbersome process. If an individual taxpayer chooses to file without the help of a certified public accountant (CPA), the process can take hours. And, if mistakes are made the repercussions can take the ...
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    Need a Loan? Tap Your 401(k), Without Penalty

    Need a Loan? Tap Your 401(k), Without Penalty
    Michael Amstein decided to strike out on his own last year, leaving behind his job as an executive at an ambulance company. The 43-year-old Denver native carefully weighed the pros and cons of various franchise options and eventually decided to open a Nestlé Toll House Café at a local mall. But when he applied for loans, Amstein couldn't come up with ...
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    Personal Budgeting Strategies: Managing Stagnant Pay in Tough Times

    Personal Budgeting Strategies: Managing Stagnant Pay in Tough Times
    As economic concerns among families persist, workers struggle to make the most of their incomes and refuse to give up their summer vacations. Kate McLaughlin’s paycheck doesn’t stretch far enough these days. “We already take the subway to work, walk to the library and post office, and drive used (9 and 18 year old) cars,” says McLaughlin, a cooperative education coordinator ...
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    Five Habits of Millionaires

    Five Habits of Millionaires
    According to a study of college students at the Ernst & Young International Intern Leadership Conference in Orlando, Florida, 59 percent of these young leaders expect to be millionaires within their lifetime. What's more, 5 percent of them expect to hit the million-dollar mark while in their 20s. And the super-rich are a growing group. The top 0.1 percent of the ...
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    Meltdown 101: How Layoffs Affect Retirement Plans

    Meltdown 101: How Layoffs Affect Retirement Plans
    It's one of a heap of financial worries that come with a layoff: What happens to your company-sponsored retirement plan? The answer depends on how long you worked for the company, the amount you saved up and whether the money's in a 401(k) or a pension plan. For the most part, federal regulations protect retirement savings, even if a company goes ...
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    401(k)s: Employer Contributions Get the Ax

    401(k)s: Employer Contributions Get the Ax
    When times are tough, companies find cost savings wherever they can. Now some employers are doing away with the 401(k) match, a benefit once considered almost sacred. The list of companies that have suspended or cut back corporate matching in their defined-contribution retirement plans this year is not trivial. It includes General Motors (GM), Frontier Airlines (FRNTQ), car-rental company Dollar Thrifty ...
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    5 Big Bills You Can Cut Fast

    5 Big Bills You Can Cut Fast
    As the economy weakens and prices soar on everything from gas to groceries, Americans are looking for quick ways to cut their expenses and hold on to more cash. Fortunately there are plenty of ways to chop your spending without a lot of time or hassle. Some of these cuts will save you just a few dollars, while others can net ...
    Rated: +1
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    Five Ways to Cut Your Commuting Costs

    Five Ways to Cut Your Commuting Costs
    Ever wonder how much money you can save by cutting your commuting costs? How about enough to pay for two trips to Ireland plus several major home improvements? As chief of marketing for the Maryland Transit Administration, Buddy Alves set out to see how much money he and his wife could save on their commute from the Baltimore suburbs to their ...
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    How Much Should You Save?

    How Much Should You Save?
    If you're 40 or younger, it's tough to predict how much money you might need when retirement is decades away. A few key calculations, however, can help you make sure your savings plan is on track. Saving Depends on Life Stage Rebecca Pace, a Cincinnati-based financial planner and CPA, recommends putting aside at least 10 percent of your income when ...
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    The Layman's Financial Crisis Glossary

    The Layman's Financial Crisis Glossary
    The current financial crisis has thrown terminology from the business pages onto the front page of newspapers, with jargon now abounding everywhere from the water cooler to the back of a taxi. Here is a guide to many of the business terms currently cropping up regularly, as well as some of the more exotic words coined to describe some of ...
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    Make Major-League Financial Plays with Minor Hits

    Make Major-League Financial Plays with Minor Hits
    Baseball fans love to see what a big hitter might unleash at bat. Babe Ruth, the Great Bambino, won an astounding seven World Series rings with the Boston Red Sox and New York Yankees. He had a career slugging percentage of .690. The home-run race in 1998 between Mark McGwire and Sammy Sosa caught the attention of every kid with grass-stained ...
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    The High Cost of Speeding on Wall Street

    The High Cost of Speeding on Wall Street
    The shipping market is booming, and yet again Wall Street is speeding into the middle of a once-sleepy market. Bankers are rushing in to broker capacity, finance construction of new ships, and link buyers and sellers around the globe. And just as they did in the mortgage-lending business years earlier, traders are creating widespread use of derivatives. In just five years, ...
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    Should You Take Advice from Your 401k Provider?

    Should You Take Advice from Your 401k Provider?
    The Pension Protection Act, which both strengthens employers’ existing pension obligations and discourages them from undertaking new obligations, also makes a broader point to US workers: “The overall message of the bill is, you’re on your own,” says James Lange, a lawyer, CPA and author of Retire Secure. Even so, the 2006 law has also made it less daunting for workers ...
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    How Important Is Your Credit Score? Very.

    How Important Is Your Credit Score? Very.
    When I first decided to work from home the biggest attraction was that I would call the shots. I would be my own boss, I would make all of the major decisions and that was that. And for the most part that has been true, however like any small business owners there comes a time when you are ready for your ...

Poll: How do you feel about crying at work?

Poll: How do you feel about crying at work?