 |
THE CAREER CHANGE FINANCIAL PLANNERBreak Away Without Going Broke (SM) |
In case you missed my recent ten timely tips newsletter… a special follow-up to career changers using 529 savings to cover back-to-school expenses: computer technology, related equipment and/or related services such as Internet access now count as qualified expenses. i.e. You can use tax-free dollars distributed from 529 plans to pay for these items. The [...]
Having trouble making the payments on your federal student loan? If your income is low relative to your debt (e.g. due to a layoff or difficulty securing full employment), it may be worth your while to look into Income-Based Repayment (IBR), a new way to make student loan payments more manageable. Our college planning expert [...]
This insightful career change story comes from guest blogger and one-time client of mine, Michael Donahoe, CFP®, now a financial planner himself, and principal with On Course Financial Group, LLC, of Portland, ME. I just passed the four year anniversary of when I left corporate America and headed out on my own. Since making the [...]
Many of those unlucky enough to be laid off in recent months also happen to be the parents of college age kids with big tuition bills looming. The ultimate double whammy! If you’re in this predicament, you’re no doubt wondering: “What are my options??” Well, if you attended my presentation to the Network for Work group on June [...]
After what seemed like an incredibly long wait, lemonade weather — my favorite — has finally arrived in the Northeast. So I hope you will indulge me for a few final posts on last month’s featured Pink Slip Lemonade theme. But first… Many thanks to the guest bloggers who wrote about their post-pink slip career changes, including professional [...]
Continuing with still more follow-up from Thursday’s “Making the Most of Your Money: Post-Pink Slip and Beyond” presentation at the Network for Work meeting… Look familiar?? Today’s gloomy-yet-again weather presents the perfect backdrop for another question I was asked after the talk: “What are the pros and cons of bankruptcy?” While this is not an [...]
Continuing with my follow-up from Thursday’s “Making the Most of Your Money: Post-Pink Slip and Beyond” presentation at the Network for Work meeting… Another hot topic during the session was, not surprisingly, where to get cash to cover living expenses that, pre-pink slip, used to be covered by wages. As discussed during the meeting, once you’ve [...]
This story of making Pink Slip Lemonade from layoff lemons comes from guest blogger Sue West of Space4U professional organizing services. What’s your next chapter in your life? Seems to me that’s what creating pink slip lemonade is all about. Take the best from your past, include what you love from the present, and move [...]
There was good news on the national job front last week, relatively speaking, with both new claims and total jobless slightly down for the first time in months. Still, what passes for good news these days — the loss of “only” 345,000 jobs in May — remains sufficient justification to take precautions with your personal [...]
Wow! If you are a layoff victim or likely candidate, you owe it to yourself to click on this link. While you might think Good Housekeeping magazine a source more likely to publish a recipe for Pink Slip Lemonade (the drink) than for Pink Slip Lemonade (the layoff financial recovery strategy), author Kate Ashford has [...]
