The Family Medical Leave Act (FMLA) passed by the government many years ago is still confusing workers on a daily basis. This legislation protects a person’s job for up to 12 weeks out of a rolling calendar year if they have to be out for their own or an immediate family member’s medical care. But the exact nuances of the legislation can be confusing. If you need to go out on medical leave and are applying for FMLA protection, make sure you sit down with and FMLA expert at your company and ask questions. It is for your own protection.
Posts Tagged ‘personal finance’
Blog Feature: Money Crush
Each week as I prepare to do the blog feature, I go through past posts so that I don’t do a repeat. Sometimes, I realize with surprise that I haven’t featured someone who it really seems like I should have. That’s the case this week with Jackie and Money Crush. I had to check my list twice, just to make sure, because I thought for sure I would have featured her around Women’s Money Week, if nothing else. But no.
So here you are, Money Crush, and that tricky little question- is it easier to spend less or save more?
Blog Feature: Bog of Debt
I love the name Bog of Debt. It just so fully encapsulates the feeling of being stuck in debt, and believing it’s hopeless, like there’s no way out. But just like Bear Grylls will strip down to his skivvies to show you how to get out of a real bog, Bog of Debt is mostly about THE PLAN. The Plan that will help her get out of debt and no longer feeling mired in.
One key way to motivate yourself is to write out the things you want to spend your money on. It looks like things are on track!
Your Money Friday: Talking About Money
Back in the first post for The Dog Ate My Wallet, I wrote about My Money Philosophy. I believe that personal finances shouldn’t be a taboo subject. I believe that we would all be better able to make good financial decisions if people were willing to talk about money. However, I’m definitely in the minority. I knew that, but threads like “How much do you tell people about your money?” really bring it home. And that seems wasteful to me. No wonder kids know nothing about money when the people who have made smart decision refuse to talk about it.
Blog Feature: The Millionaire Nurse Blog
My beloved Aunt is a nurse. I have worked with some wonderful nurses. Yes, nurses occupy a soft spot in my heart. I think they do a difficult job and often do not get the rewards they deserve. And that’s part of why The Millionaire Nurse Blog is one of my favorites. Dr. Dean has committed himself to sharing information about nurses and for nurses. It’s a nurse blog that cares about personal finances for all.
Besides his regular Best in Nurse Blogs feature, I love his personal finance lessons found anywhere- like in The Girl with the Dragon Tattoo.
Blog Feature: Average Joe’s Money Blog #yakezie
I wrote a post called “Average Joe’s Deserve to Retire, Too.” Average Joe wrote a post about financial lessons in board games. A geek/ personal finance blogger friendship was born.
Average Joe’s Money Blog is written by two finance professionals, Average Joe and the Other Guy, and they manage to provide sound financial advice in an easy to read format with a good sense of humor. We like humor.
Average Joe is also a cat guy, and managed to convince someone else to write a post that links personal finances to crafty old cats. How can you not like that?
Blog Feature: Money Beagle
Can you guess what first attracted me to this blog? Besides the name, head over there and see the picture of the adorable Beagle on his header. Anyone who likes their dog enough to name their blog after it is good in my book.
Money Beagle was kind of a gateway personal finance blog for me- the first one I was reading where I didn’t already have a relationship with the author.
This week, he posted about the coming price increase for Little Caesar’s pizza, and the already here increase on Crazy bread. Darn it, now I’m craving crazy bread…
Start Saving Now
Since I stopped doing Your Money Fridays, and started my personal finance blog (now titled The Dog Ate My Wallet), I haven’t written much here about personal finance. But I thought this was interesting:
It’s estimated that Gen Y will need around $2 million in savings in order to retire comfortably. And this is assuming they don’t retire until 70.
In slightly less general terms, it’s estimated that Gen Yers will need 18.7 times their final salary saved up and Gen Xers will need 16.1.
Pensions are almost non-existent and government assistance is declining. Guess it’s time to start saving.
Retirement Articles
There are a million retirement articles out there that tell you what milestones you should be hitting to retire a millionaire, or at least have a comfortable retirement. The thing is, a lot of us aren’t going to meet these milestones, though some people will.
Others, due to time spent in college, may not meet early milestones but will be able to have a comfortable retirement due to increased earnings later.
It can all be very confusing, and it’s nice to have people to talk to about whether or not by 35 you should have 1.4 times your salary saved.