This is one of the most hotly debated topics in personal finance - is it more effective to be a one-income or two-income family? My own life is in that relatively early stage where kids are not yet a concern, but they are in the planning stages. Inevitably, the question comes up in conversation - … Continue reading Readers Weigh In: Is It Better for One or Both Parents to Work?
There are many potential reasons for working--from providing for family to funding a secondary passion in life. Have you ever considered what your reason is?
The last week ended, rather unfortunately, with a number of important people in my life being laid off from their jobs. I've decided to write a short piece today dealing with the emotional side of layoffs, for the person leaving, their closest family and friends, and those remaining at the office to deal with the … Continue reading The Emotional Impact of a Layoff
Layoffs are on almost everyone's mind whose work depends on the state of today's economy. Being laid off typically comes suddenly and usually without warning, although if you've been paying attention to the world around you, you have realized that you need to be prepared. Preparation means understanding what you would do after a layoff, … Continue reading Layoff Checklist
For whatever reason, this seemingly simple question has come up in conversation twice this week with two unrelated groups of individuals. During the first conversation, the tone was firmly set against vacations, with good reasons to back it up. In the second case, everyone was adamant that vacations were a must, with equally compelling reasons. … Continue reading Should You Take Vacations in a Bad Economy?
Young professionals have a whole set of specific money considerations they have to make. Here are a few I would add to Bargaineering's great list.
Considering some of the good things that come with unemployment, and how it differs from other traumatic financial events.