August 11, 2010

From Unemployed to Self-Employed… Here’s What You Need to Get There

Aug 11 2010

According to a new CareerBuilder survey, many are taking matters into their own hands when it comes to earning a living, with more than a quarter of those laid off in the last six months pondering self-employment. With the job market still so tight and the rewards of self-employment great, it’s no wonder. Once an exciting new business idea strikes, enthusiasm and optimism soar, and it’s tempting to dive right into the new venture.

But a prospective self-employed – especially one whose financial situation has been made more precarious by a layoff — is wise to test the waters …

New Checking Fees Are Likely, But Here’s What You Can Do About It

Aug 11 2010

New rules taking effect August 15th mean two things if you have a checking account: (1) you must make explicitly authorize your bank to enroll you in their overdraft plan if you wish to make debit card overdrafts, and (2) expect changes in your bank’s fees and checking account rules in the near future.

In the past, when you opened a checking account, many banks automatically enrolled you in some sort of overdraft plan. If you made a debit card purchase or ATM withdrawal and your account was short of cash, the bank would automatically cover your overdraft – for …

Archive - August 11, 2010