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News to Me: Financial Advice Turned Religious
If you've so much as glanced at the news lately you'd know the economy has been going through rocky times. Some people are seeking financial advice from their church to hold their hands through the tumultuous market ride, and I just learned that thousands of churches around the world have added teaching the gospel of money to their repertoire.
Participants in such church groups say that the bible is packed with information on handling finances and for some it has helped lift the "spiritual burden" of being in debt.
Fab Flash: A Luella Update
Yesterday, I shared the sad news that Luella had lost it's license and financial backer. The British fashion house is loved by celebrities and mere mortals alike with Bartley scooping Designer of the Year in 2008. Luella is now seeking a new financial backer and looking to the future.
8 Successful Companies That Are Still Hiring
Personal experience and news reports might tell us that nobody is hiring right now, but Fortune says to think again. The magazine recently released its 40 Under 40 — a list of the hottest rising stars in business — and many of them are looking to expand their teams. To see who these entrepreneurs are and what they’re looking for, read more.
Front Page: Jaycee Dugard Opens Up About Life After Rescue
- Kidnap survivor Jaycee Dugard says she is "so happy to be back with her family" after being held from them for 18 years. — People
- Wall Street is on track to award record pay this year. The country's top financial workers will make about $140 billion.
Credit Limit Cut? Your State of Residence Could Be the Reason
When it comes in the form of credit cards, plastic is dramatic. There are always consumers in the news discussing how they've been mistreated by a credit card carrier, and there seems to be an endless stream of hidden policies that rear their harmful heads when customers least expect it.
Take the case of Paul Smith (not of kitschy designing fame), a San Diego resident who was alarmed when his credit card limit was recently reduced from $7,000 to $1,400.
12 Recession Lessons to Remember
The Federal Reserve's latest survey of businesses around the country shows the US recession might be over. The recovery is projected to be a slow one and the economy is still fragile, but we can file this piece of news in the hopeful column. Recession or not, we should continue to follow the many lessons from these times of economic uncertainty to keep our financial houses in order — in good times and bad.
Front Page: Afghanistan Prepares For Elections
- As crucial elections approach in Afghanistan, the Taliban has escalated its threats and intimidation. — New York Times
- South Carolina Gov. Mark Sanford says that it's hard living alone in the governor's mansion now that his wife moved out.
Savvy Links!
- Sometimes it's hard to imagine life without financial concerns, but you should! If you had one (non-money) wish what would it be? — Glamour
- Forget the everyday stuff.
Do Tell: What Macho Traits Do You Wish Would Go Away?
We've heard about the he-cession and how the economic downturn has affected men's mental health perhaps even more than it has women's.
One writer goes further and says that all of this bad news for men is just paving the way for the death of macho as we know it. Macho arrogance got us into a lot of this global financial mess, he reasons, and its exit stage left will get us out of it.
Married For 80 Years, Couple Shares Keys to Happy Marriage
Talk about devotion. Bill and Marie DeCaro (ages 100 and 99) have been married for eight decades, making them the world's second longest-married couple. They were married in 1929 and endured the hardship of The Great Depression when Bill lost all of his money because of a shuttered bank.
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