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Career and Work

Citi Will Lay Off 10,000 and Expects 14,000 More to Go

by Luke Landes

I had an appointment at my dentist for my semi-annual cleaning this morning, and the hygienist tuned the television to MSNBC and Don Imus, who is having some sort of problem with the Rutgers basketball team. It was the topic for the entire morning. I noticed on the crawl on the bottom of the screen ... Continue reading this article…

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Guest Post: Eight Ways to Support Yourself While Starting as an Entrepreneur

by Luke Landes

This is a guest post from Bri M. Bri is a recent college graduate and aspiring web entrepreneur. He writes about online innovation at Trailblogging. Here he presents eight ways beginning entrepreneurs like himself can save money while working on their endeavors. 1. Moonlight as an Entrepreneur. This is the one that many people think ... Continue reading this article…

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Another Form of Credit Card Arbitrage

by Luke Landes

After writing about the effect CitiBank’s new balance transfer fee has on balance transfer arbitrage, I received an email from a reader, Andy, who has an idea to take advantage of healthcare savings account (HSA) reimbursements. This is a summary of his idea. A good way to make some extra money is to take advantage ... Continue reading this article…

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Best Jobs for Moving Up

by Luke Landes

Salary.com and Money Magazine compiled a list of the best jobs for advancement opportunities. I’m glad I came across this today, as a coworker and I were discussing advancement opportunities within and around our department at the large financial services company where we work. There are many more things to consider than these statistics. In ... Continue reading this article…

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What I Did With My Bonus

by Luke Landes

After taxes, my bonus amounted to about $2,000. The funds arrived in my checking account this morning, but thanks to an automatic transfer, the entire sum has been whisked away to a savings account at ING Direct for “relocation.” This account contains the funds that should be used towards my next move, whether a down ... Continue reading this article…

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By This Time, You are a Seasoned Executive

by Luke Landes

Yesterday, I received an email from the corporation I work for congratulating me on reaching my first milestone, the Fifth Anniversary, and asking me to choose a gift. It’s a bittersweet feeling because of the strange path that led me here. Working at a corporation was never part of my grand scheme. Five years is ... Continue reading this article…

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Wage Insurance?

by Luke Landes

Chuck Schumer, a senator from New York, wants to introduce a bill that will provide a “wage insurance” federal benefit. For example, if a worker earning $80,000 is laid off and can only find a job earning $60,000, half of that difference will be paid by the government. The amount of the benefit could be ... Continue reading this article…

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12 Steps for the Paycheck Type to Become a Millionaire

by Luke Landes

Here is Kiplinger’s predictable 12-step program for becoming a millionaire, which inevitable contains “… and wait” somewhere. This guide is geared towards corporate workers who live and die by the paycheck. 1. Keep your eyes peeled for better ways to do your job. While Milton Wadams was slowly finding himself out of a job, thinking ... Continue reading this article…

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Then I’ll Set The Building On Fire

by Luke Landes

My girlfriend is a hopeless romantic. For Valentine’s Day, part of her gift for me included the Office Space DVD and a special edition Red Swingline Stapler. The movie is one of those films that rings true for many people working as I do in a “cube farm.” Now when my own version of Mr. ... Continue reading this article…

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Surprising Amount of Office Romance

by Luke Landes

There’s a winter storm here on the east coast, and with a practically empty office, minds aren’t on the job. According to a survey from Vault.com reported on CNN, it’s common to be thinking about other things, like love, in the workplace. 17 percent of survey respondents admitted they were caught being more-than-colleagues… “in the boardroom, ... Continue reading this article…

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Bad Job-Hunting Tips You Must Avoid, Part 2

by Luke Landes

Penelope Trunk from Yahoo Finance published an article busting job-hunting myths. I looked at several of her un-tips yesterday and in Part 2, I’ll finish off my thoughts. Bad Rule No. 5: Don’t have typos in your résumé I’m not recommending that you misspell words on purpose, but I am recommending that you chill out ... Continue reading this article…

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Bad Job-Hunting Tips You Must Avoid, Part 1

by Luke Landes

I’m starting to like some of Yahoo Finance‘s new personal finance content. In a new article, Penelope Trunk warns readers of common but poor advice one often hears from friends and colleagues when hunting for jobs. Trunk’s point of view is interesting, and I’ll have to keep these ideas in mind when (if?) I ever ... Continue reading this article…

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Don’t Feel Bad if You Have a Messy Desk

by Luke Landes

There may be a negative correlation between creativity and tidy desks. If there is, that would probably explain my work space. I’ve had managers in the past who encourage organizing the piles of paper and other managers who do not care. Well, I listened to a short piece on NPR’s Marketplace which mentioned a new ... Continue reading this article…

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Interview Questions and Last Week’s Giveaway Winner

by Luke Landes

It was actually two weeks ago that I posed the question about the “biggest weakness” question that we’ve all experienced in some form in job interviews. Some great responses followed, and one was randomly selected to win my copy of The Smartest Investment Book You’ll Ever Read, which I reviewed earlier this month. Here’s a ... Continue reading this article…

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What is Your Biggest Weakness? With a Giveaway!

by Luke Landes

When I had the chance to interview a prospective supervisor I avoided asking this question, but every interview I’ve had in which I am the one auditioning for a position, I’ve been invariably asked about my weaknesses. Fortune Magazine is tackling this question. Dear Annie: After a detailed conversation about what I’ve been doing, the ... Continue reading this article…

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My Company’s Stock Purchase Plan, Take 3

by Luke Landes

Recently, I’ve written about my company’s new stock purchase plan. My employer is giving all employees a chance to purchase up to 10 percent of their salary in company stock at a 15 percent discount of the lower of the beginning or end of each quarter. Yesterday, I made my election official. I will be contributing the ... Continue reading this article…

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My Company’s Stock Purchase Plan, Take 2

by Luke Landes

As we’re entering the open enrollment period for certain benefits at the company where I work, there has been some talk amongst my coworkers about my company’s stock purchase plan. My coworkers are concerned that they can’t take advantage of the plan to the maximum because their cash flow is tight. That’s actually my concern ... Continue reading this article…

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Solved an Algebra Equation at Work

by Luke Landes

It’s kind of frightening that in an office of people with banking backgrounds, accounting backgrounds, and managers, I was the only one who could determine the tax portion of a total that includes tax when all that is known is that total and the tax rate. I guess seventh-grade algebra does come in handy once ... Continue reading this article…

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Secrets and Myths About Salary Your Employer Doesn’t Want You to Know

by Luke Landes

Jeanne Sahadi over at CNN Money is spilling the beans again, and this time it’s about salary. Your managers know these precious pieces of info, but you might not. Armed with this knowledge, you could be better poised to tip the scale in your favor next time you negotiate. Here’s the summary. 1. Secret: Your ... Continue reading this article…

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Want to Be an Investment Banker? Read This.

by Luke Landes

Alcoholism. Depression. Heart disease due to stress. Delusions of failure. If you’re on the path to become an investment banker on Wall Street, this is what you have to look forward to. Yes, you’ll make tons of money and your materialistic friends will silently envy you while despising you, but what use is money if ... Continue reading this article…

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