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    HR and Finance: A Vital Relationship

    HR and Finance: A Vital Relationship
    There is nothing funnier to me than watching my financial friends looking high and low for the last few cents to ensure their books balance to the penny. Get me in the ball park and I am more than happy to call it a day. I laugh, but I do so with the utmost respect. My route to HR was not ...
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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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    5 Easy Ways to Make Money Even if You're Unemployed

    5 Easy Ways to Make Money Even if You're Unemployed
    As unemployment continues to rise, everyone is looking for other ways to bring in some money while still searching for another job.  Although a job is the conventional way to earn money, sometimes you need to think outside the box or search outside your comfort zone in order to try something new and bring in a little bit of money ...
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    Understanding Benefits Can Be a Key to Employee Satisfaction

    Understanding Benefits Can Be a Key to Employee Satisfaction
    As employee benefits enrollment season kicks off, there’s some good news for employers seeking cost-effective ways to help boost engagement in the workplace. “Employers are looking for ways to show employees they care without breaking the bank, and effective benefits education can be a low-cost, high-impact way to affect worker satisfaction,” said Bill Dalicandro, Unum’s vice president for enrollment. A study ...
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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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    7 Common Mistakes of First-Time Homebuyers

    7 Common Mistakes of First-Time Homebuyers
    Buying a home for the first time can be an invigorating yet scary experience. Here are some pitfalls to avoid when you’re buying your first home: 1. Buying Before You’re Ready Although you may hear people say you’re “throwing your money away on rent,” it isn’t always wise to buy a home. If you make a good salary and have an ...
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    18 Financial Terms Every HR Leader Needs to Know

    18 Financial Terms Every HR Leader Needs to Know
    There are hundreds of finance and accounting concepts, formulas, methods, and terms, most of which the majority of HR leaders will never need to learn. That’s why we have our friendly neighborhood finance and accounting professionals. However, there are a few critical financial terms that most HR leaders need to at least be able to define, better yet, have a basic ...
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    5 Things You Can Do Now to Prepare for Rising Inflation

    5 Things You Can Do Now to Prepare for Rising Inflation
    We all have our little fears: The frayed wire on the coffee maker. That knocking noise from the left-rear tire. The zombies staggering around in the backyard. For investors, one of the biggest fears today is inflation — a period of rising prices. Inflation erodes the buying power of your money at home and abroad. In a worst-case scenario, it can ...
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    Shred It Up: Which Financial Docs Can Go Now

    Shred It Up: Which Financial Docs Can Go Now
    Knowing how long to keep an important financial document is the key to maintaining your personal security as well as managing clutter. Some documents can be shredded after short periods of time, while others should be kept indefinitely. Here’s a handy guide to help you figure out what to keep and what to shred, beginning with the short-lived documents: Keep for ...
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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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    Q&A: I've Lost My Job. How Will the Stimulus Plan Help Me?

    Q&A: I've Lost My Job. How Will the Stimulus Plan Help Me?
    WASHINGTON - President Barack Obama signed into law Tuesday the largest government economic rescue plan in the nation's history, a $787 billion package of spending, tax cuts and tax credits that's designed to help pull the nation out of what's becoming the worst downturn since the Great Depression. The American Recovery and Reinvestment Act includes everything from money to refurbish public ...
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    What to Do if You Can’t Pay Your Bills

    What to Do if You Can’t Pay Your Bills
    Lacking the cash to pay your bills is a bad situation, but avoiding the problem is worse. If money is scarce and bills are coming due, don’t panic. Gather your statements and a calculator, and go into planning mode. Tackle the crisis as a whole, rather than dealing with issues as they arise, which raises the risk of making poor financial ...
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    How to Avoid an Audit of Your Taxes

    How to Avoid an Audit of Your Taxes
    Taxes are high enough; you don’t want to also pay penalties and interest because an audit reveals you’ve broken the rules. And Internal Revenue Service audits aren’t a vanishing anomaly; they’re on the upswing. The IRS “has gotten almost nasty” in its pursuit of tax payments that could help reduce the federal deficit, says Sanford Botkin, a lawyer and CPA. Audit ...
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    4 Things That May Trigger Your Spending

    4 Things That May Trigger Your Spending
    Overspending is easy to do. Everyone falls for it every now and again because sometimes you just feel the need to spend. However, there may be things that trigger our overspending even when we know that we are on a budget and cannot really afford to spend money. 1) Stress – Work, family, friends, sickness, money…all these things (and many more) ...
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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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    Six Steps You Can Take to Financial Prosperity

    Six Steps You Can Take to Financial Prosperity
    No one can guarantee you a healthy and prosperous retirement. Life is just too unpredictable. But you can increase your odds of enjoying your twilight years in comfort by pursuing a regimen of common-sense steps. Here are six top ones: h4. Decide carefully on health care You can do at least three things to help secure your health in retirement: Take ...
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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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    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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    How Would You Spend a Raise or Bonus?

    How Would You Spend a Raise or Bonus?
    When we asked Monster readers what they’d be most likely to splurge on if they got a big salary bump -- a new car, wardrobe or home entertainment technology -- the car topped the list with 51 percent of the votes, followed by the wardrobe with 30 percent and the home entertainment center at 18 percent. But quite a few readers ...
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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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Poll: How do you feel about crying at work?

Poll: How do you feel about crying at work?