JPMorgan Chase to Cut 9,200 Washington Mutual Jobs Nationwide. Chase notified thousands of WaMu employees yesterday that their jobs will be eliminated by the end of next year, many much sooner. 3,400 of the jobs will be cut from the Seattle headquarters and 1,600 more from California.
Self-Employes are Frozen Out of Mortgages. If I choose to leave my day job, I will have to pay attention to this. Self-employed individuals work to reduce their income for tax purposes, but that can have an unintended negative effect if they need to shop for a mortgage. Now that banks have tightened up lending, it’s harder for legitimate self-employed borrowers to find comparable mortgage offers.
FCC to Vote on Free Broadband Internet Across USA. We are already almost one decade into the twenty-first century, but we’re only just now beginning to live in the future.
Your Financial Network Map. This is a great way to visualize the way money flows in and out of your hands and bank accounts. As Jim points out, this network visualization can help to identify problems and create efficiencies.
Announcing My First Book: 365 Ways to Live Cheap. Trent from The Simple Dollar is selling his first book on Amazon.com. He says: “It’s a compilation of 365 of my best tips on personal finance and frugal living. Virtually all of the tips, if applied, can save you more than the price of the book itself.”