From the monthly archives:

May 2009

Definition of the Consolidated Omnibus Budget Reconciliation Act (COBRA)

May 21, 2009

One of the most important benefits that workers receive is health insurance. Employers receive special rates on group health coverage, and they usually pay a portion of the premium for each eligible employee and his or her family. When workers become unemployed, obtaining other health insurance may be difficult or prohibitively expensive. The Consolidated Omnibus [...]

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Create a Vacation Budget and Stick to It

May 20, 2009

Taking a vacation is supposed to help alleviate stress, not add to it. But for those of us who do not have unlimited funds to work with, it can do just that. Planning fun for the whole family and providing for transportation, meals and accommodations can be tricky, and paying for it all can be [...]

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Coupon Hunting for a Cheaper Vacation

May 19, 2009

Going on vacation can be fun, relaxing and rejuvenating. But one thing it usually isn’t is cheap. Just paying for a place to stay and admission to attractions can add up to hundreds of dollars. And by the time you factor in travel, dining and shopping, your vacation could cost a small fortune. The good [...]

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Are Corporate Bonds a Good Investment in Today’s Market?

May 18, 2009

Ask any investment professional which type of investment is best, and he will tell you that it depends on a number of factors. The amount you have to invest, the length of time you wish to invest your money, and your tolerance for risk all have a bearing on which investments are best for you. [...]

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Five Common Financial Lies

May 16, 2009

Dishonesty can ruin friendships, relationships with bosses and co-workers, and even family ties. But in a marriage or domestic partnership, it is particularly harmful. Finding out that your significant other has been deceiving you is a difficult thing to deal with, and it can easily destroy a relationship. Lies come in all shapes and sizes. [...]

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Corporate Bonds Explained

May 15, 2009

When discussing investments, stocks and bonds are often lumped together. Perhaps it’s because both are securities that are issued by corporations. Or perhaps it’s because they both carry a significant amount of risk. Corporate bonds are debt securities that are sold to investors. They are created for the purpose of raising capital for a company, [...]

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Annuities: An Explanation

May 15, 2009

How does guaranteed income for life sound? Unless you have all the money you could possibly ever need, it probably sounds great. But surprisingly few people know that you can get income for the rest of your life by purchasing an annuity. Annuities aren’t something we hear about every day, but they are widely available. [...]

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Why Should I Invest?

May 11, 2009

For the uninitiated, investing can be a scary concept. Putting your hard-earned money into stocks, bonds and other instruments that could lose value doesn’t seem to make much sense on the surface. While it’s true that some people lose their life savings by investing, these people are in the minority. Not all investments are high-risk. [...]

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Why Should I Have an Emergency Fund?

May 10, 2009

Some people pride themselves on having a good handle on their finances. They pay their bills in full and on time each and every month. They manage their credit cards expertly, and even though they could get all the credit they want with ease, they refrain from opening new accounts that they don’t need. But [...]

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What Is Investing?

May 9, 2009

For some, investing is a way of life. For others, it’s an obscure concept that they’ve never explored. But if you have ever opened a savings account or put money into a retirement fund, you’ve dabbled in investing. By definition, investing is using our money in certain ways with the hopes that it will make [...]

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