TIPS & TIDBITS

Financial Survival Tips for Laid Off Workers

In spite of indicators that the economy was in repair and ready to rebound as the year draws to a close, the number of unemployed Americans continued to rise into the fall of 2009. In September, the unemployment rate reached 9.8 percent, a 26-year high after a month that saw employers cut more than 260,000 jobs.

Though the unemployment rate does not mean reports of the economy's recovery are untrue, the recovery of the economy does not necessarily mean the job market is also recovering. Instead, federal stimulus programs, including the now defunct Cash for Clunkers...
» Read More

Did You Know?

Though most are aware that taking care of one's body is a good way to increase a person's chances of a long and healthy life, it can also be a good way to increase one's chances of living a lucrative life. According to the 2009 Sports Illustrated "Fortunate 50," no American athlete made more in seasons completed in 2009 than golfer Tiger Woods, whose earnings fell just shy of $100 million.
» Read More

Economy quick facts

- During the most recent fiscal year, Americans voluntarily donated $3 million beyond their tax obligations to the United States government in an effort to reduce public debt.

- In a 2008 report from the United States Census Bureau, 13.2 percent of Americans lived in poverty. Ziebach County in South Dakota had the highest rate of poverty of any county in the United States.
» Read More

Did You Know?

When it comes to giving, perhaps the nation's political power brokers could take a lesson from their constituents. When now-Vice President Joe Biden handed his tax returns over for public consumption during the election of 2008, it was revealed Biden and his wife Jill, a community college instructor, had donated an average of just $369 a year to charity in the decade prior to the election.
» Read More

Financial guru foresees tougher times ahead

As Americans prepare to turn the calendar and begin a new year, many are happier than they've ever been to see one year leave and a new one arrive. That's due in large part to the nation's struggling economy, one that ensured 2008 will be remembered as a year many would like to forget.
» Read More

Did You Know?

The Federal Deposit Insurance Corporation (FDIC) was established in 1934, part of a bevy of financial reforms passed as a result of the Great Depression. When money is deposited into an account with an FDIC-protected bank, the FDIC guarantees the amount of money up to $100,000 per depositor, and some retirement accounts are covered up to $250,000 per deposit.
» Read More

Home Investing Finances Tidbits Site Map Advertisers