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Life After Salary: Rolling Over My Pension

by Flexo

In a country where large employers are offering fewer defined benefit plans, like pensions, and more defined contribution plans, like 401(k)s, it’s surprising I have a pension. A little more than a month after quitting my day job, I received a notification from my former employer that I was eligible to begin receiving payments from ... Continue reading this article…

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Sensuous Value is the Worst Kind

by The Weakonomist

This is an article by The Weakonomist, an anonymous blogger responsible for everything at Weakonomics.com. As a banking insider he’s witnessed the economic implosion from inside the bubble. You can usually find him at the corner of Wall Street and Main Street throwing rocks at traffic. If I presented a monkey with two choices: a ... Continue reading this article…

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Podcast 94: The Ten Commandments of Money, Liz Weston

by Flexo

Today’s guest on the Consumerism Commentary Podcast is Liz Weston, author of The 10 Commandments of Money: Survive and Thrive in the New Economy, and the most-read personal finance columnist on the Internet. Liz, Flexo and Bryan discuss each of the ten commandments in the book. The 10 Commandments of Money is available in the ... Continue reading this article…

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When Did I Become a Millionaire?

by Flexo
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At some point within the past couple of years, I became a millionaire. There was no party, no celebration. In fact, it was clearly a non-event, considering I have no idea when it might have happened. If you’ve been tracking my financial progress monthly with me, you may be a little confused. After all, my ... Continue reading this article…

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Zions Bank Online Savings Account Review

by Flexo

As of today, Zions Bank offers one of the highest interest rates among high-interest savings accounts. Is it worthwhile to move your money there to take advantage of this interest rate? Today’s interest rate environment is not the best for moving money from bank to bank in search of the highest rate, so the more ... Continue reading this article…

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Study: College Students Aren’t Learning Basic Skills

by Flexo
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A new study following thousands of college students from 2005 through 2009 concludes that students are not learning the basic cognitive skills required for functioning properly in life, namely critical thinking, complex reasoning, and communication skills. The primary assumption that the goal of earning a college degree is obtaining these particular skills is where this ... Continue reading this article…

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The Alternative Minimum Tax (AMT)

by Flexo

When Congress and the President extended the Bush-era tax cuts, taxpayers subject to the Alternative Minimum Tax (AMT) received a break. As Leigh Mutert, CPA discussed in our recent podcast interview, this is something middle class taxpayers need to know about now, because it effects the 2010 income returns that are being filed from now ... Continue reading this article…

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Low Savings Interest Rates: Good or Bad?

by Flexo

No one’s happy with savings account interest rates these days. Even so-called high-yield savings accounts are closer to zero than they have been in a long time. For me, they heyday of savings accounts was when they were earning 5 percent to 6 percent APY several years ago. Some people remember when savings accounts earned interest rates ... Continue reading this article…

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