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A Financial Expert's Best Savings Tips
In her Washington Post/Bloomberg column, Michelle Singletary offers helpful tips on saving money during the economic downturn. She quotes her grandmother, who used to say, “You can’t have a dollar without a penny.” It’s so sweet when you find a good way to save money. I know I get giddy when I discover a way…
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Social Media 'Friends' a Haven for Scams
Michelle Singletary, in her Washington Post/Bloomberg column, writes that Internet openness has made it much easier for people to be preyed upon by con artists who specialize in affinity fraud, using people’s connection to certain groups to gain their trust, and ultimately, their life savings. The North American Securities Administrators Association (NASAA) recently warned investors…
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What Do Occupy Wall Street Protesters Want?
Michelle Singletary, in her Washington Post/Bloomberg column, gathers a series of comments and commentary from around the Web as she tries to understand the demands of the Occupy Wall Street movement. She, like many others, remains unclear about what will appease them. “Dear 1%, we fell asleep for a while. Just woke up. Sincerely, the…
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Rage Against the Financial Sector Fuels Protests
Michelle Singletary, in her Washington Post/Bloomberg column, says that she was jaded when Occupy Wall Street began because it was so haphazard. But she is no longer jaded. She quotes advocates who say that the protests will likely not abate because they represent people’s frustrations in dealing with politicians, government entities and corporations that are…
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How to Find a Job You Love
Michelle Singletary, in her Washington Post/Bloomberg column, uses Dan Miller’s book 48 Days to the Work You Love to discuss finding a job you are passionate about during a time of high unemployment. She says it takes vigilance and focus. For the longest time, I’ve felt blessed to earn a living doing something I love…
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President Obama's Unfortunate Remarks to the CBC
Michelle Singletary, in her Washington Post/Bloomberg column, asks if President Barack Obama really thinks that members of the Congressional Black Caucus and their constituents, many of whom are suffering in the economy, should just “shake it off.” Was Obama trying to appeal to the pull-yourself-up-by-the-bootstraps crowd, which believes government should do less to help those…
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A Tough Decision for Homeowners in Trouble
Michelle Singletary, in her Washington Post/Bloomberg column, says that time is running out for troubled homeowners who want to take advantage of the Mortgage Forgiveness Debt Relief Act of 2007. It was enacted by Congress to provide some consolation to folks who lost their homes, but it’s complicated. If you borrow money and the lender…
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A Bachelor's Degree for $10,000?
Michelle Singletary, in her Washington Post/Bloomberg column, says that she is perturbed that no one is serious about GOP presidential candidate Rick Perry’s challenge to institutions of higher education to develop bachelor’s degrees that cost no more than $10,000. “I’m challenging our institutions of higher education to develop bachelor’s degrees that cost no more than…
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Investors Be Warned: Gold Bubble Could Burst
Michelle Singletary writes in her Washington Post/Bloomberg column that Murphy’s Law may soon hit the gold market, quoting experts who say it has reached the level of a speculative bubble. Oh, gold prices may go up again, but investment advisers and regulators are warning investors to be careful about putting too much of their money…