Archive | July, 2008

Entry Level: Are You Earning What You Deserve?

29. July 2008

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I came across a Washington Post article about Entry Level salaries for college graduates and the information “raised” my interest. According to the National Association of Colleges and Employers, the average starting salary offered to college graduates was 7.1 percent higher than what the class of 2007 received. From my last post (Proof of inflation: minimum [...]

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Proof of inflation: minimum wage increases

25. July 2008

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The federal minimum wage increases from $5.85 an hour to $6.55 per hour yesterday. This is the second of three scheduled minimum wage increases, with the final increase scheduled for July 24, 2009 when the minimum wage will rise to $7.25 per hour. This is over a 10% increase per year. If I’m getting an [...]

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never independently invested

24. July 2008

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I’ve never invested on my own, and I am not familiar on how things work. I am wondering what would happen if I were to invest in say wamu, and they were to get bought out. Would my shares just get bought out also, or would it depend on if the new owners/ management planned [...]

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HSBC Direct Savings is Extending 3.50% APY

24. July 2008

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HSBC Direct Savings is extending their 3.50% APY promotion. This offer will now run through until September 15th, 2008. HSBC Direct offers no fees, no minimums, and they’re FDIC insured, so your money is safe and covered up to $100,000. Apply Now! Here is a quick list to compare some online savings account and their APY [...]

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Rental Property or Stock Market

7. July 2008

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My family owns a house worth about $400,000. The house will need a little work to fix up but then could be rented out for $1500-$2000 dollars a month. It’s a 3 bedroom house close to Harvard University, so I don’t think it would be a problem selling or renting the house out to students [...]

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A step by step guide to gaining control of your financial life from CNN. Money

2. July 2008

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link You can get more detail on each lesson if you follow the link. LESSON 1 Setting priorities Here’s help for the first — and often the hardest — step in achieving your financial goals: deciding which goals to pursue. LESSON 2 Making a budget How to bring your spending under control, so that you get the most [...]

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