The art of salary negotiation is a touchy but crucial matter that rarely receives adequate attention. With all the economic certainty that we’ve been facing, many people have increasingly focused on reducing expenses and leading a frugal lifestyle. There are, however, two sides to the “spend less than you earn” coin…
When is the last time [...]
Archive for the ‘Working’ Category
Salary Negotiation – How to Win
Filed under: Working
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The Pareto Principle and Building a Better You
The Pareto Principle holds that, for many events, 80% of the effects can be attributed to 20% of the causes. Also known as “the 80/20 rule,” or “the law of the vital few,” the Pareto Principle has been found to apply to a surprisingly wide variety of things in everyday life.
Examples of the Pareto Principle
The [...]
Filed under: Frugality, Productivity, Working
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How to Get a Raise (or at Least Keep Your Job)
I’m a huge fan of taking control of my own situation. I don’t like giving mediocrity a place in my life because it gives others power over me, and leaves me less able to steer my own ship. Given the tough job market, there’s never been a better time to set yourself apart from the [...]
Filed under: Working
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Calculating Your Real Hourly Wage
This is a guest post from Bob of ChristianPF. If you like what you see here, please consider subscribing to his RSS feed.
I’m currently reading “Your Money or Your Life,” a true personal finance classic. As great as it is, however, I won’t be reviewing it here. Instead, I wanted to share their take on [...]
Filed under: Working
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Size Matters: Tall People Make More Money
According to a recent study out of Australia that was published in The Economic Record, taller men earn more money than their shorter brethren. In fact, a two inch height difference corresponds to an average income difference of nearly $1000/year.
The reason for the height effect remains unknown, but it’s been suggested that being tall boosts [...]
Filed under: Working
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What to do When Your Job is in Jeopardy
This is a guest post from Kevin Mercadante of Out of Your Rut. Kevin is also author of Lighten Your Load, an e-book focused on reducing living expenses while still maintaining a comfortable lifestyle.
If you lose your job, hear rumors of layoffs at your company, or pick up just about any other indication that you [...]
Filed under: Economy, Working
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Five Tips for Dealing With Job Loss
In early 2009, the Bureau of Labor Statistics noted that over 40 states recorded an increase over last year in the number of layoffs. In February alone over 600,000 workers were caught up in layoffs. If you and your family have found yourself in this position, here are some steps to help you cope with [...]
Filed under: Economy, Working
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Unorthodox Ways to Earn Extra Money
This is a guest post from WC of The Writer’s Coin. If you like what you see here, please consider subscribing to his RSS feed.
I don’t know why, but I’ve been getting free issues of a magazine called Time Out Chicago for the past few weeks. It sums up what’s going on in the city, [...]
Filed under: Frugality, Working
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Are Unemployment Payments Taxable?
With all of the layoffs that are currently taking place, I thought I’d spend a few minutes talking about whether or not unemployment benefits are taxable. In short, they are. Because unemployment payments are technically classified as income, you have to pay income tax on them. Sucks, huh?
Here’s the answer straight from the IRS (see [...]
Filed under: Taxes, Working
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Your Flexible Spending Account (FSA) After a Layoff
Did you know that a layoff could jeopardize the funds in your flexible spending account (FSA)? In most cases, when an employee is let go, they are claim reimbursement for qualified medical expenses that are incurred while they’re still covered by their employer’s benefits plan. But once that expires, you may be out of luck.
Given [...]
Filed under: Insurance, Working
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