Monday, November 23, 2009

Special Coverage

'Facing the Mortgage Crisis'

Detroit Public Television, Michigan Radio and WDET-FM 101.9 have teamed up to offer a resource center on foreclosures in Michigan, with video discussions, information and links.

Brian J. O'Connor

The Grand Experiment: Taking a baby-sitting stand

It's a tough balancing act: Cut too much, and the best sitters will simply drop the Your Money family. Yet you need sitters smart enough to help your kid with homework, not some tween-age girls giving him plot points to the latest "Twilight" installment. Child care always is a gnarly problem, and in this case the answer is simple: Dad. - 11/23/2009

Holiday trimmings on your rental car

Travelers have been able to score decent deals on hotel rooms and airfares over the last year. But car rental prices have increased dramatically despite the weak economy. - 11/23/2009

Late payments on credit cards drop in 3rd quarter

NEW YORK -- For the first time in a decade, more people paid their credit card bills on time in the third quarter this year than in the second quarter. - 11/23/2009

3 ways to give thanks at work

With Thanksgiving this week, it's the season for giving thanks, even in the often thankless Motor City. - 11/23/2009

Brian J. O'Connor

The Grand Experiment: Cutting kid costs

My first thought was to furlough the young 'un two days a week to his grandmother's, where the savings on chicken tenders and Cheerios alone would put me over this project's $1,000 final goal. - 11/16/2009

Plan carefully with flexible medical account

One of the tricky issues employees need to sort out as they choose their benefits for next year is whether to put money aside in a medical flexible spending account, and if so, how much. - 11/16/2009

Flexible spending accounts face hit in health overhaul

Those tax-free spending accounts that you and your co-workers use to help pay for dental work, insurance copayments or over-the-counter drugs face a hit under the health overhaul bills in Congress -- unless a coalition that includes a powerful union, insurers and others can stop it. - 11/16/2009

6 rules if the boss is a buddy

You have lunch together every day, grab an occasional drink after work, and have gotten each other through work-related crises. So wouldn't it be strange if your office buddy became your new boss? - 11/16/2009

Recession intensifies GenX discontent at work

CHICAGO -- They're antsy and edgy, tired of waiting for promotion opportunities at work as their elders put off retirement. A good number of them are just waiting for the economy to pick up so they can hop to the next job, find something more fulfilling and get what they think they deserve. Oh, and they want work-life balance, too. - 11/16/2009

Brian J. O'Connor

Grand Experiment: Unplug utility costs

This week's Grand Experiment has really flipped the switch on some big savings. The budget category is "utilities" and, as with every week of this project, I aimed to cut at least $100 out of my family spending. That included water, electric, cable TV, phone and cell phone service. - 11/09/2009

Making debt vanish? Don't bet on it

Reduce your debt by 60 percent! Stop collection calls! Be debt free in 12 months! The siren song of debt settlement firms is getting harder to ignore these days, especially if your finances are out of control or creditors are knocking at the door - 11/09/2009

IRS may have a refund for you

Wouldn't it be great if the Internal Revenue Service were looking for you to give you money? - 11/09/2009

ECONOMY WATCH

5 tips for better meetings

Do your weekly meetings feel like a waste of time? More importantly, does your company have that kind of time to waste? - 11/09/2009

What you need to know if your bank fails

New York -- Dozens of banks have failed this year. What do you need to know if yours is next? - 11/05/2009

Lose your job? Rebuild your career

As the U.S. unemployment rate climbs to almost 10 percent, and Michigan sits at 15.3 percent, no industry or profession has been spared when employers needed to cut jobs. That includes fields once considered untouchable. - 11/02/2009

Columns

Award-winning Your Money columnist Brian J. O'Connor of The Detroit News offers news and practical personal finance advice.

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Your honey's money

Kwame Kilpatrick testified that he didn't know anything about his wife's bank account or other finances, whether she paid their rent, or whether she was employed last year. How much do you know about your spouse's finances?

  

  

  

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