Tag Archives: unemployment

Four Personal Finance Stories to Ponder

Apologies for the really long absence, but with the Easter holiday, going home to Wallkill several times in the past month, and a crazy period at work, I haven’t had much time to update anything worth substance.

In the past week, there have been several fantastic personal finance-related stories in both the New York Times and Wall Street Journal.

No, none of these have anything to do with income taxes. Do make sure you file by April 15th, though, or else the big bad taxman just may come after you.

If you have the time this weekend, definitely peruse these not-so-long stories. I’ll give a quick summary and my thoughts on each one after the jump.

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Epiphany Revisited

Hard to believe, but it’s been a year already since I had what I thought was my lowest financial point and subsequent epiphany moment. To sum it up, I just found out that I was going to have at least one furlough (unpaid) day per month, my rent was going up, and because I had this very tight view of money — I was going to stop all of my plans.

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Weekly Roundup

This week took a look at some tips and tricks to help you assess your finances as we come to the close of 2009. Not only should we see what worked, but also what maybe didn’t work out as well. That way we can fix those errors and perform better next year.

There were also myriad articles about how to shop this holiday season (oh … wait … Christmas is in less than three weeks, should’ve let you know …)

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Daily Dimes 11/30/09

Back a generation or so ago, when you turned 18 or hit some milestone in your early 20s, it was time to immediately move out of the house either start college or a family.

This is not the case anymore, as more and more twentysomethings are staying at home longer than in recent memory. While it is clear the economy is forcing this in many cases and is probably a smart decision in order to not fall into deep debt, it doesn’t mean your life is over. It is what you do during this time that counts the most.

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Does Lightning Strike Twice? Only in Colorado.

It’s funny how things come full circle.

One of the main reasons why I started this site was due to the epiphany moment I had last February. Feel free to read it in full, but essentially my job was instituting furloughs, my rent was going up, and I didn’t know what to do. Plus it was snowing. It took a phone call home to put things back into perspective for me.

Not even a full year later, while I was out in Colorado Springs attending a conference for my job, I received word that my parent company was reneging on its promise it made this past May to wait until the end of 2009 to reassess furloughs. Instead, the powers that be decided to tack on another day in November and December, making it a total of two days per month. Then there will be a reassessment.That will be fun, I’m sure.

Oh, did I mention the fact that it was snowing like crazy in Colorado Springs? Deja vu all over again.

There are many ways I could take this post, but let’s just say that I’m not entirely enthusiastic about my company’s plan for recovery. If you want to really find out more, take me out for a drink.

What I’d like to focus on instead, though, is taking experiences from the past and using them to make better decisions the next time around.

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Weekly Roundup

This was a mixed week with regard to personal finance news, but this week’s roundup takes the bad, mixes it with some good, and adds a dollop of perspective for good measure.

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Daily Dimes 10/2/09

I try to avoid this most times, but today I think it’s important to take a (quick) look at the macroeconomics of it all.

The American economy brushed another 263,000 jobs off its shoulder in September, raising our unemployment rate to 9.8 percent. While the 263,000 is much less than the 700,000 jobs per month our economy was eliminating earlier this year, the fact that unemployment continues to rise means we’re kind of in between a rock and a hard place: We’re probably out of the worst part of the recession, but times aren’t so great yet that businesses are willing to hire for new positions.

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