The Dollar Stretcher

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• The Dollar Stretcher

• Savings In an Uncertain Economy

  At a time when unemployment has jumped from 5.5% a year ago to 9.4% in May, 2009 it's understandable that people are concerned about their jobs. source : Bureau of Labor Statistics And their response has been predictable. The personal savings rate... Posted Jun 09 2009, 09:10 AM by Gary with | with 2 comment(s) Filed under: layoffs, savings, The Dollar Stretcher

• New Car Payments for Layoff Victims

  The new car market is dead. According to AutoData Corp in March 2009 auto sales were 36% lower than March 2008. So the manufacturers are trying to find ways to kick-start sales. And, being the marketing wizards they are, they came up with a beauty. Here's... Posted Apr 14 2009, 01:45 PM by Gary with | with 8 comment(s) Filed under: layoffs, new cars

• The 401k Layoff Trap

  I was surprised at the "Borrow from your 401k" suggestion. While it's true that it's better than cashing out, so many people are being laid off unexpectedly. When this happens, it must all be paid back or considered a cash-out, which... Posted Mar 31 2009, 01:43 PM by Gary with | with 6 comment(s) Filed under: layoffs, 401k loans

• Preparing for Recession

  Lately it seems everyone is talking about a possible recession (or even a depression). When the Federal Reserve drops rates by 3/4% between meetings it's probably time for all of us to take notice. No one knows for sure whether we'll end up with... Posted Jan 23 2008, 10:40 AM by Gary with | with 7 comment(s) Filed under: layoffs, recession, job loss