Month: May 2010

[Update July 2010] - This bill - HR4213 - was passed by Congress and is expected to signed into law by the President. The bill, also known as the American Jobs and Closing Loopholes Act of 2010 originally contained a provision to extend unemployment benefits, as well as a number…

The title of this post was the basis for an MBA application question I recently answered. It really got my thinking about my career goals and aspirations. Here's my response to the question, followed by some thoughts. What do you think and how would you spend your life if money…

The market for government loans is skyrocketing. More and more families are ready to settle down in their dream home, and government-backed mortgages seem like a way to make home ownership happen quickly and easily. Three loans programs in particular have become buyers’ favorites throughout the last few years: VA,…

Even though President Obama and Congress have signed into law sweeping health care reform many employees are still in the dark about how their employer sponsored health care benefits will be affected and wondering when new provisions in the approved health care bills will go into effect. Rather than reading…

This post's title was drawn from a recent USA today article which looked at the debt issue plaguing our younger ("Y") generation (20's to 30's) Interestingly, while the recession exacerbated their financial issues the cause is much more due to Generation Y's mindset and poor personal finance habits. There were…

As a result of changes made under the Affordable Care Act, health coverage provided for an employee's children under 27 years of age is now generally tax-free to the employee. IRS Notice 2010-38 detailed these changes These changes allowed - but does not require - employers to permit employees to…

Most people make common credit card mistakes that end up costing them a lot of money. Learn how to avoid these mistakes in this article. If you are not using your credit card correctly and you are making basic credit card mistakes, you are simply handing over money to your…

Many employers, and certainly the larger ones, use a prospective employee’s credit history as a pre-employment screening methodology to judge their character and credibility. The reasoning is that your inability to handle your financial commitments may be a sign of personal irresponsibility, which may spill over into the workplace. For…