Jason Texter / Flickr
This is a post by BargainBabe.com writer Yazmin Cruz.
I recently read a story in the LA Times about Hallmark adding unemployment cards to its sympathy line. The cards are apparently a good way to show compassion, but to me spending $3 to $5 on a card is ridiculous! This got me thinking of five frugal ways to show your support for those going through a rough time.
Not surprisingly, Hallmark is not the only company getting in on the action. You can also buy layoff cards from online companies Zazzle Inc. and Greeting Card Universe.
MaryLane / Flickr
I share five must read blog posts about saving money every Friday.
Tired of receiving tons of emails from daily coupon sites? It would be nice if there were a daily coupon aggregating site. There is. (Daily Dibs)
Save money on food by cooking ahead these 10 things on your day off from work. (Wisebread)
Do you fib about your finances? Find out how financial infidelity is taking a toll on marriages and how you can spot telltale signs of the financially unfaithful. (CNN Money)
If you like Groupon and Living Social, check out The Dealmap. (The Dealmap)
Unemployment has Americans spending more time sleeping, watching TV, and brewing beer. What are you spending your time on? (Time Moneyland)
Bonus: Rudy Park, the comic strip, occasionally features Rudy’s tightwad boss. Reader Diane said this strip from June 17 reminded her of a male Bargain Babe!
a loves dc / Flickr
This post is brought to you by Concept Personnel – The UK’s No. 1 for Marketing Jobs and Creative Jobs in Newcastle, Edinburgh & Glasgow.
This is a post by BargainBabe.com writer Yazmin Cruz.
If you are itching to make money this summer, it’s time to start sending out applications. Below you’ll find 13 tips to help you put your right foot forward when looking for a summer job.
- Determine what you want to get out of the job – Whether you’ve lost your job and are looking for a source of income or you want to use this job as a stepping stone to get you closer to launching your career, look for a job that will help you reach your goal.
- Know your hunting seasons – During summer, places like theme parks, pools, vacation resorts, retail stores, restaurant and hotels become busy and these are the jobs that are most likely to hire. Look now because come summer the positions will be filled.
- Identify (more…)
Jeremy Brooks/Flickr
There are a few new credits you can use on your income tax returns, according to Wells Fargo. Check out these credits, which I’ve summarized from a Wells Fargo press release, before you take the standard deduction of $11,400 if you are married filing jointly, or $5,700 if you are single or married filing separately.
The cool thing about tax credits is that if you end up with a negative tax liability, you will get a check from the government!
Disclosure: I am not a tax professional. Consult with a tax professional or research these credits further if you believe you are eligible.
- Got a student in college or putting yourself through school? Check out the American Opportunity Credit, designed to replace and improve the Hope and Lifetime Learning Credit. Your can make as much as $160,000 for married couples filing jointly or $80,000 for single filers and still claim this credit. You can claim the first $2,000 you spend on college expenses and 25 percent of the next $2,000 to get a total credit of no more than $2,500.
- If you lost your job recently, you don’t have to pay taxes on the first $2,400 in unemployment benefits. The same goes for your spouse. Double unhappiness turns into double deductions!
- Buy a new car or sell one? You can deduct the sales tax you paid on your new car, truck or motor home as long as you purchased it after February 16th, 2009. You can deduct the taxes up to a purchase price of $49,500, but if you make a lot of money ($250,000 for married filing jointly), the credit slides downward.
- You do not need to report your financial gains from the Cash for Clunkers program as income.
- If you bought a fuel-efficient vehicle in 2009 you may be eligible for green tax credits.
- Are you a first time home buyer? You may be able to get 10% of the purchase price up to $8,000 back in credits. To qualify you must have bought your home between Jan 1, 2009 and April 30, 2010. You have to live in your home as your principle residence for at least three years or else pay back the credit. The government considers you a first time homebuyer if you have not owned a home as your principal residence in the past three years. There’s also a $6,500 credit if you traded up to a new principle residence. The credit applies to mobile and manufactured homes but not vacation properties. Some income restrictions apply.
If you have questions Wells Fargo’s tax center has more info.
Related posts on BargainBabe.com:
Tax calculator, forms, and tips
Where do your tax dollars go? (image)
Five questions to ask before hiring a tax pro
Reader Debra wins my review copy of Creative Unemployment: How To Transcend Job Loss
I would love to read this book. I have been looking for work since the end of April – it is very emotionally draining.
I hope this book helps you get through this difficult time, Debra. If you missed my review of the book, author Harlan Kidwell Jr. focuses on the emotional journey that follows getting laid off. One thing that comes up often – even when you have a job – is how to talk about money with friends who want to spend more than you do. Socializing can be a minefield when you are cutting back!
To reduce spending, go over your budget again or attend a totally free swap meet.
Have you ever been laid off? Then you know what a blow it can be financially and emotionally. On BargainBabe.com I mostly deal with surviving financially, so I welcomed Harlan Kidwell, Jr.’s book on the emotional fallout of job loss. Harlan’s self-published Creative Unemployment: How To Transcend Job Loss
With so many personal stories, Creative Unemployment is cathartic.
This book offers a positive look at the potentially damaging psychological aspects of underemployment. This book is not about finding a job. It is a book about finding yourself…When you find yourself, you will find employment – a vocation – a life purpose. The issues in this book can also be useful to people who are aware or alive and still employed who want to gain the benefits of increased self-awareness before the trauma of rejection and loss of income.
Each chapter of the 284-page book begins with a 1-3 sentence description of what you’ll get out of that chapter and ends with a 1-3 page review of the major points. Chapters 1-8 are about recognizing and accepting the emotional journey that follows unemployment. Chapters 9-15 are about moving forward and taking action.
In chapter 10, Harlan breaks down the emotional journey of unemployment into six practical steps you can take to move forward.
1. Become self-aware.
2. Decide what you want.
3. Write your goals down.
4. Imagine or visualize your achieved goal. (emphasis his)
5. Take action.
6. Reflect and select.
The book’s introduction lacks sources for the statistics cited, which makes me uncomfortable. However, the point of the book is to help one heal emotionally, not provide economic figures. The nut of this touchy-feely (and I don’t mean that in a bad way) book is that it is okay to to feel how you feel, you should believe in yourself, and definitely go for it!
Leave a comment on this post by the end of Thursday, March 4 to win my review copy of Creative Unemployment: How To Transcend Job Loss
It has gotten to the point where we all know someone who has been laid off. Which makes it hard not to think about getting laid off ourselves. Transfer all that job-stress into concrete plans for coping if you do get the ax. A collection of stories from Kiplinger covers the basics.
Keeping your health care while unemployed
What if your employer files for bankruptcy?
More resources from Bargain Babe:
Expenses to cut immediately if you lose your job
A quick way to get ahold of your finances
