Author: Paula
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What Happens to Credit Card Debt if Bank Fails?
In writing recent articles about the takeovers, bailouts, and mergers, some astute readers at BlogHer posed the question “What happens to my credit card debt if my bank fails?”. You might think the question sounds far fetched, yet in this climate just about anything is possible. So what happens? Do you have to owe the…
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Bankruptcy, Takeovers, and Bailouts – Oh My!
Just when I thought last week’s news with Fannie Mae and Freddie Mac was groundbreaking, the last week has brought us unprecendented news in the form of shocking bankruptcies (Lehman Brothers), takeovers (Bank of America/Merrill Lynch) and bailouts (AIG). It’s a new form of the memorable line from the Wizard of Oz “Lions and Tigers…
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Self-Employment Taxes – Things You Must Know
If you are already self-employed or just launching out on your own, taxes can be one of the most intimidating items, especially if all you’ve previously known is a simply W-2 from an employer. If you leave a cushy corporate job for self-employment, the first tax year is the trickiest. You may have…
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Economy Is Down But Booze Sales are Up
Are people simply drinking their way through the uncertain economy? My recent weekend trip to a wine and spirits superstore would lead you to believe they are. As I walked through the mammoth building which was packed wall to wall with people on a Saturday afternoon, I thought to myself – who says spending is…
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Comparing Air Fares…An Impossible Task?
I only travel by air a few times a year. I haven’t yet faced the daunting task of traveling in light of all the additional fees and “perk-stripping”. So, as I logged onto the computer a weekend or so ago to compare airfares, I wondered – what am I really comparing? Is there any way…
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One Expensive Pep Rally: Cost of the Democratic National Convention
Regardless of your party affiliation, it is impossible to escape the nonstop news from the historic Democratic National Convention in Denver where Barack Obama will accept the party’s nomination tonight. I can tell you it’s not my kind of thing and I watch little to none of the pomp and circumstance that surrounds the events.…
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Are Class Action Lawsuits Worth Your Time and Money?
Recently I was listening to the news and heard about the Airborne Class Action Lawsuit Settlement and started thinking — as a purchaser of Airborne, if I hadn’t heard it on the news or read it on the web, how would I ever know I’m entitled to money? And, for suits like these where I…
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Why Work Sucks And How to Fix It
When I was writing a recent article on telecommuting I stumbled across the book “Why Work Sucks and How to Fix It” by Cali Ressler and Jody Thompson. I recently received a complimentary review copy of the book and couldn’t put it down. In my day I spent over 17 years in Corporate America stuck…
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The Cost of Being an Olympic Athlete
The Beijing Olympics are in full swing. Most certainly there are numerous gay athletes both out of the closet and in hiding. I recently read The Advocate article on Australian swimmer Matthew Mitcham and in the print edition. If you want to talk about Queer money, just think of the sheer cost of being an…
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Are You Willing to Succeed?
Are you willing to do what it takes to create what you really want in your business, career, and finances? It might sound like an obvious answer “well, of course!”, yet when we hit tough choices, we often resist doing the very thing we need to in order to succeed. We stay stuck in our…
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