Crazy ways to make money during the recession: five true stories

December 10, 2009 by admin · 4 Comments 

Filed under: Entrepreneurship The “Great Recession” hasn’t been entirely bad. On the upside, saving money has become cool again. We now love coupons and think twice before buying anything that isn’t a necessity. It’s also forced a lot of people to get creative when it comes to making ends meet. Suddenly, many Americans aren’t just working one job — they’re working two or three. Those who’ve lost their jobs or are suddenly in need of cash are doing things that they never would have imagined. The new normal is that nothing is normal.

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Crazy ways to make money during the recession: five true stories

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The best Christmas gift for the unemployed

December 9, 2009 by admin · Leave a Comment 

Filed under: Career , Recession Getting a Christmas gift for your unemployed friends or family members can be a difficult decision, especially if they’re low on money and have been out of work for awhile. Do you go with a fun gift they’ll enjoy, such as an iPod, or something practical to help them in their job search, such as a gas card to help them get to job interviews or a free resume makeover? What about straight-up cash? I’ll leave the fun gift ideas to others. If you really want to help someone who is unemployed with a Christmas gift, help them find a job. That’s what job seekers want — a job. Continue reading The best Christmas gift for the unemployed The best Christmas gift for the unemployed originally appeared on WalletPop Blog on Wed, 09 Dec 2009 12:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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The best Christmas gift for the unemployed

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A fun way to determine if you’re really unemployed

December 8, 2009 by admin · 3 Comments 

Filed under: Career , Recession As the Federal Reserve warns that it could be another five or six years before the job market returns to normal, determining if you’re unemployed and therefore eligible for unemployment benefits is probably going to affect many more people in the coming years. Determining whether or not you’re “unemployed” is tricky because of which jobless Americans are counted in the official number. The national unemployment rate fell to 10% in November, but that number still makes the 6.1% unemployment rate a year ago look like a gift.

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A fun way to determine if you’re really unemployed

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Should we break up big banks?

December 5, 2009 by admin · 5 Comments 

Filed under: Banks , Debt , Insurance , Recession Ever since the news got out that the U.K. plans to force some of its large, bailout-receiving banks to sell off some operations and become smaller, there’s been plenty of speculation on this side of the pond that we might do the same thing. Richard Fisher, president of the Dallas Federal Reserve Bank, threw down the gauntlet when he said recently that banks considered “too big to fail” should be broken up to make the economy more stable

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Should we break up big banks?

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Salvaging the real estate market by becoming a Section 8 landlord

December 3, 2009 by admin · 2 Comments 

Filed under: Bargains , Entrepreneurship , Home , Real Estate , Recession , Bankruptcy , Video , Recession Diaries , Mortgages Real estate prices have bottomed out. Depending on the market– Las Vegas, Arizona, Southern California — house prices can be insanely low. In Broward County, Fla., for example, homes that once cost more than $200,000 can be had for as little as $30,000, many as foreclosures. Now that the days of high-profit speculation in the real estate market have come to a close, real estate investors are turning to another program that provides a more modest, but still reliable, return. The Section 8 Rental Voucher Program is a federal endeavor that pays the rent of qualified low-income renters. The homes they live in are privately owned by everyday people, who receive monthly rent checks from the government on behalf of their low-income tenants. Considering rent is paid back at what amounts to something close to market rates, renting an inexpensive property to the Section 8 program can more than pay for itself. WalletPop’s Jason Cochran traveled to Broward County to meet with Suzanne Dunn, a real estate investor who has independently jumped on the Section 8 market. She gives us an overview of how it works for people who want to become landlords: Continue reading Salvaging the real estate market by becoming a Section 8 landlord Salvaging the real estate market by becoming a Section 8 landlord originally appeared on WalletPop Blog on Thu, 03 Dec 2009 14:45:00 EST.

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Salvaging the real estate market by becoming a Section 8 landlord

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Podcast: Be the ‘perfect fit’ as job candidate

December 3, 2009 by admin · Leave a Comment 

Filed under: Career , Recession In this week’s podcast “Your Job Will Come,” WalletPop’s Aaron Crowe talks with Nancy Keene of the global executive search firm Stanton Chase about how to fit specific job descriptions and be a perfect fit for a job. With so many people out of work, employers can remain specific in job descriptions to get the candidate they want, Keene says. Podcast: Be the ‘perfect fit’ as job candidate originally appeared on WalletPop Blog on Thu, 03 Dec 2009 11:00:00 EST. Please see our terms for use of feeds .

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Podcast: Be the ‘perfect fit’ as job candidate

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Save us, Dubai World, from another year of bad commercial real estate!

December 2, 2009 by admin · Leave a Comment 

Filed under: Real Estate , Recession , Investing Another year? Maybe longer, says the chief economist with the Texas A&M Real Estate Center , before we even begin to see a recovery in the dismal commercial real estate market. Should be pretty obvious why: despite nonsense to the contrary, any talk of an economic recovery is still premature, especially with the twin curses of unemployment and foreclosures continuing to rise. The A&M economist predicts that it will be “high net worth investors” who will probably be the first to get their toes wet in any commercial real estate recovery.

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Save us, Dubai World, from another year of bad commercial real estate!

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‘Charlie Brown’ Christmas trees a stylish way to save money

December 2, 2009 by admin · 1 Comment 

Filed under: Budgets , Shopping Not every city can be as lucky as Washington, D.C., where on Thursday the “National Christmas Tree Lighting” begins at 5 p.m. Eastern. There’s enough hoopla around the tree near the White House to make you think the recession is over. The tree has its own Web site and Sheryl Crow will perform at the lighting ceremony. If your local TV station is broadcasting the event, you can catch the live Webcast . In the city where I live, and probably in many cities throughout the country, budget cutbacks are forcing city governments to scale back their Christmas tree festivities. Where I live, for example, in Concord, CA, the city decided this year that instead of buying and installing a cut holiday tree, which one Web site that follows the city says would have cost $15,000, it’s decorating one of the evergreen trees growing in the downtown plaza.

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‘Charlie Brown’ Christmas trees a stylish way to save money

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Shined shoes, nice watch and other GQ tips for job interview

November 30, 2009 by admin · Leave a Comment 

Filed under: Career , Recession It’s a good tactic to try to be noticed at a job interview for your skills and achievements. But not your clothes or grooming habits.

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Shined shoes, nice watch and other GQ tips for job interview

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Five words to never to say to your lender

November 27, 2009 by admin · 2 Comments 

Filed under: Banks , Credit , Debt , Fraud , Recession , Credit cards Getting a loan can be a difficult task in this economic environment. Many lenders won’t even consider an application for a mortgage unless your credit score is above 740. Others will consider an application, but zap you with an outrageous interest rate.

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Five words to never to say to your lender

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