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Bill Frist and Me?

by Flexo

I know I’ve arrived in Bizarro World when Bill Frist and I agree on something: The introduction of a moratorium on drug ads to consumers. Frist, a Republican from Tennessee and a heart-lung replacement surgeon, on July 1 asked drug makers for a voluntary, two-year moratorium on direct-to-consumer advertising, the type that consumers see on ... Continue reading this article…

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Benefits

by Flexo

Carnival Update: We now have three submissions for the inaugural Carnival of Personal Finance. If you’re a blogger and you’ve written about personal finance recently, feel free to submit a link to an article you’re proud of! At work, we had a division meeting with our vice chairman today. Basically, the company is in good ... Continue reading this article…

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Microsoft Millionaires

by Flexo

Microsoft‘s [MSFT] amazing climb from its humble beginnings is well-known. Thanks to stock options and other benefits, many early Microsoft employees are millionaires. They’re showing up as successful business owners and philanthropists. The New York Times article profiles: * Rich Tong, cofounder of Ignition Parters, a venture capital group. * John Sage, owner of Pura ... Continue reading this article…

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Student Loan Consolidation

by Flexo

Most people are predicting that interest rates on student loans will go up on July 1. It might make sense for people with these loans to consolidate before the rate increase. I still have a small portion left over from my undergraduate degree but I’ve also begun accumulating a balance from my graduate degree, 90 percent ... Continue reading this article…

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Should You Borrow From Your 401(k)?

by Flexo

Borrowing from your 401(k) is generally a bad idea. There are some positive aspects of doing so, however. It’s a nice option to have if you are stuck with no other choices. Here are some of the drawbacks, as mentioned by Lewis Schiff from the Armchair Millionaire. The money you take out of your 401(k) ... Continue reading this article…

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Social Security Calculator

by Flexo

Chuck Schumer, the senator from New York, put up a fancy Social Security benefits calculator on his website. This calculator shows how much today’s workers will likely receive for their annual benefits if Bush’s proposed plan is pushed through. Here’s a hint: your combined benefit of both the government and private portion will be lower ... Continue reading this article…

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On The Workfront

by Flexo

Good news from the office. Due to her blatant stupidity (getting completely plastered then showing up to work… and then getting quite sick), a coworker of mine is not going to be with us after the start of the year. This means I’m getting a new position and a pay increase in January, which will ... Continue reading this article…

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Above Average

by Flexo

It doesn’t always feel good to know you’re above—way above—average. According to the Bureau of Labor Statistics, who just released the results of their National Compensation Survey, the average annual health insurance premium for singles is $810.84. I enrolled in my 2005 medical and dental plans last night. For medical I chose the least expensive ... Continue reading this article…

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