As Seen On MSNBC, Fox News DC, The Wall Street Journal, and Good Morning America
Tuesday, March 16th, 2010

Category: Recession

Read This: Unemployment + Bad Credit = No Job

Read This: Unemployment + Bad Credit = No Job

Yes you read right!  If you are unemployed and have bad credit then you have another hurdle to get past:  employers unwilling to higher you because of bad credit.
It’s important to note that this is the kind of bad credit where the potential employee has shown reckless irresponsibility with their financial life thus making the employer unwilling [...]

Squeaking by on $300,000:  Recession Fallout in Six Figures

Squeaking by on $300,000: Recession Fallout in Six Figures

Imagine reading your Sunday newspaper, in my case, the Washington Post where the requisite financial stories abound discussing the recession and families scaling back etc and then screeching at this headline:
 
Squeaking by on $300,000:  Recession Fallout in Six Figures
 
Now, like many of you, the sarcasm dripped as I read through the article thinking to myself, [...]

5 Surefire Smart Financial Moves To Make Amidst A Recession

5 Surefire Smart Financial Moves To Make Amidst A Recession

photo credit: jenn_jenn
This article has been cross posted at EFinancialBlog.com as part of the America’s Top Financial Bloggers Series

People all over are scrambling to make ends meet in one way or another across income brackets.  Virtually everyone is feeling the pinch of the recession and they are surely thinking about next steps.  There are [...]

Recessionistas Fight Back:  Going From Jobless To Topless

Recessionistas Fight Back: Going From Jobless To Topless

Courtesy of VodPod
Despite the recession, some industries are still going strong, and apparently long and hard through the night if you get my drift. White collar women who once held top dollar jobs on Wall Street are now shakin it fast on easy street for a quick buck.
“You’re seeing a lot more beautiful women [...]

Left Behind in a Layoff: Getting Ready for What’s Next

Left Behind in a Layoff: Getting Ready for What’s Next

This is a guest post by Rebecca Brown via DivineCaroline.com

The pink slips have been handed out, the severance checks cashed, and the farewell drinks consumed. Everyone has offered their condolences to those who were let go, yet you’re still here, reeling in your cubicle, wondering if maybe you’re the one who really deserves the well [...]

Is My Money Safe?

Is My Money Safe?

This is a guest post by wowOwow, via Divine Caroline.com

The dramatic events on Wall Street are making us on Main Street nervous about the safety of our money. Is my savings account safe? What about my investment accounts? What about my IRA account? Who administers my 401-K? And what about my annuity with AIG? [...]

Jingle Mail Revisted: Possible Bank Recourse And Borrower Consequences

Jingle Mail Revisted: Possible Bank Recourse And Borrower Consequences

There’s been heavy talk recently around “walking away from foreclosures” and the devastating effect it’s having on banks and homeowners.  Jingle mail occurs when the borrower drops the keys in the mail and sends them back to the bank as final step in walking away from their home due to a rising mortgage and hard [...]

Recessionista Tip:  Plan Weekly Menu Around Supermarket Sales

Recessionista Tip: Plan Weekly Menu Around Supermarket Sales

I don’t have to tell you that food prices have been on the rise right?  I’d be preaching to the choir so rather than go into a long diatribe about my grocery bill, I thought it best to discuss how to plan your menu around weekly supermarket sales.
First, when planning your menus around supermarket sale, [...]

It’s a Woman Thing:  Men Are in Recession, Women Apparently Not

It’s a Woman Thing: Men Are in Recession, Women Apparently Not

At first glance, I thought women fairing better than men in the recession is because we are naturally more resourceful and flexible in our careers but I was wrong. It seems that the recession is hitting men harder because male dominated jobs such as construction and manufacturing are on the chopping blocks while [...]

Beneath the Iceberg:  The Psychology of the Recession (and a silver lining)

Beneath the Iceberg: The Psychology of the Recession (and a silver lining)

(The psychology majors know where this post is headed, for the rest of you check out this picture for the iceberg reference.)
It’s pretty clear that we are now in a recession, and, without going into the doom and gloom of recent job loss and foreclosure statistics, I’d like to discuss what goes on [...]