Empowering Talk Radio

Archive for the Personal Finance Category

You’re fired! How it happens, what to do.

You’re fired!  How it happens, what to do.

Getting fired or deciding to “resign” before the ax falls usually comes as no surprise to anyone. It usually happens after things have been headed in that direction for some time. You’ve gotten multiple warnings that getting late to work won’t be tolerated. Or, you’ve had that in office sit down with the boss where you heard the message that you need to play nice with your co-workers and be a team player. Maybe your hand got caught in the proverbial cookie jar where you were padding your company expense account. Or, it was found out that you “shared” some proprietary company secrets with the competition in a Kumbaya moment where you thought, “why can’t we all be friends”? You had it comin’ Whaaaat, you say? Why did I get fired? Poor me, I didn’t do anything wrong. How dare they fire me?? Let me pull you out of your denial and tell you the reasons most people get fired. I challenge you to open your eyes and see if any of them apply to you. Taken from the website beingfired.com, here are the 10 most likely things that will get you fired: 1. High absenteeism rate, being late often 2. Performing your tasks slowly and with errors 3. Unable to do your assigned tasks 4. Inconsistent and unreliable work behaviors 5. Refusing to follow directions and orders 6. Unable to get along with others 7. Drug and alcohol abuse 8. Being dishonest, espionage and theft 9. Personal business at work 10. Lying on your resume OK, you pulled your head out of your arse just long enough to recognize what got you fired, now what? Now, as you leave your job don’t tell off your boss or co-workers. Even if you’ve been waiting for this moment to point out

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Feeling Used by Friends?

Feeling Used by Friends?

I’m a college student that is questioning her friendship with her closest friends. My friends are at different colleges in different cities. In the past three months, I planned three birthday parties, where I paid for all the expenses, and allowed the friends to stay over at my apartment. They left my apartment a mess. For the past three months, they always say, “Oh, I’ll pay you back,” but they brush it off when I bring it up. I don’t want to be that one person who constantly nags at her friends. I feel like they use me. I recently deactivated my Facebook account; my phone gets bombarded with text messages asking why I deactivated the account. I told my friends that I needed a break from social media and a break from them, but they didn’t like that response. They are now mad at me for doing such a crime, when I simply needed a break from them. I love my friends, but they simply ask so much of me, and they don’t even know it. How can I make them understand that I am not the leader of the group; I want everyone’s involvement when we plan activities. I don’t want them to rely on me for planning activities or paying for the expenses. There are times when I just question my friendship with them. Of course you question the rules of friendship with this group of queen bees. You have gotten yourself in to a bit of a mess with your friends, but don’t despair; there is a way out of this corner you’ve backed yourself in to. First, do you really want to turn in your resignation as the friend who does all the party planning?  Or do you just need to take a break from

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New Hires Making More Money?

New Hires Making More Money?

I’ve been working at this company for 7 years and just recently found out that the two new people who just got hired are both making more money than I am.  Their jobs are similar to mine so I don’t see why they are making more money.  I would think that my years of experience should speak for something.  I’m really unhappy about this but don’t know what to do. Here’s what you do.  You go to your boss or supervisor and ask for a raise.  No kidding!  And here’s how you do this… Make a plan for how you are going to ask for this raise.  You know your boss and the personal dynamics of your work situation, so keep that in mind as you strategize how to go about this.  Do you think you should point out that you know the new hires are making more money than you are? I don’t see any problem in telling them that’s what you’ve been told. Do you need to put something in writing that points out all that you do for the company? Toot your own horn.  If you don’t, who will? Do you think the face-to-face approach works best with your boss?  Plan for that in-person meeting but carry with you your written request for a raise.  Be sure to leave that on their desk after your conversation. As a boss, I’m always impressed with an employee who is willing to do more for the company as a way of asking for a raise.  Are you willing to take on new tasks and new responsibilities assuming, of course, that your current job allows time for them? Taking on a new task can be as simple as keeping office supplies stocked or helping shred documents or tidying up the break

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Stressed Over Tight Budget?

Stressed Over Tight Budget?

We are on such a tight budget that whenever we go out as a family for dinner and a movie I leave wondering if we shouldn’t have just stayed home to eat and watch a movie on TV.  It’s fun to go out but it also stresses me because we really can’t afford it.  How do I decide what to do when money is so tight? When you’re struggling to make the dollars stretch, you can diminish the anxiety you feel by sitting down and making a plan for what amount you can spend on entertainment.  I know its not fun to have to work within a budget, but if you don’t, and find that the $60 you spent on an evening out was needed to pay the rent, you will feel stress.  Write down all the money you have coming in on one column on a sheet of paper.  Then, on the opposite side, write down all the fixed expenses you have such as rent, utilities, cell phone, cable, food.  Give them an estimate if need be.  I believe in holding back a percentage for an “emergency fund”, so add that in to your expense column.  Now do the math and see what you have left. Once you’ve done this you will have a clearer picture of how much “discretionary” income you have left to use for entertainment or whatever fun things you enjoy in life. Budgets aren’t fun, but when you’re as stretched as you sound to be, they are even more necessary.  Think about working with a budget and living within what you can afford as a huge way you can relieve your stress.  How often have you stressed about not having enough money to pay your bills?  This will take a conscious effort on your part

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Stay at Home Versus Working Mom?

Stay at Home Versus Working Mom?

My sister is critical of my decision to work instead of stay home with my two young children.  My husband doesn’t make as much money as hers, so if we want any extras I have to work, plus I enjoy my job and don’t think I have the patience to be at home all day with little ones.  Why do we have to always fight over this? This can be a hot topic among women, with both factions from both sides of the issue digging their stilettos in and holding fast.  The beauty of this dilemma is that women today have choices.  I have talked with older women who wanted to work when their children were young but felt that the social mores of the day frowned upon married women with children working out of the home.  They stayed home with their children but felt unfulfilled.  Today, both women and men can choose to parent from home fulltime.  As more professional women enter the workforce men have become the primary caretakers.  I have a number of women friends who are Doctors and none of us think any less of their husbands who manage the children and household full time.  My one Doctor friend just had a baby and her full-time stay-at-home husband brings the baby to mom’s lunch hour to breastfeed.  How cool is that?! We can’t talk about this subject without thinking of all the single moms and dads who are raising kids without a partner to help.  They don’t have a choice.  They have to work.  It’s tough.  When you do have a choice of what to do, there are pros and cons to both working and staying at home.  See if you can get your sister to call a truce on this topic.  See if she won’t

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Move Forward from a Disappointing Setback

Move Forward from a Disappointing Setback

You got passed over for a big promotion at work, or the big recording contract slipped through your fingers, or you lost out on the job of your dreams after being called back for a third interview. We’ve all had to deal with setbacks, but the trick is to slide through them with ease and not let them slam us back to the raw beginning. Just because there’s a crack in the wall, doesn’t mean the room needs to be demolished. Before the crack in the wall expands into the next room, try out these strategies for moving in a positive direction after a major setback. Cool your jets. When the setback hits, don’t fall prey to an emotional meltdown. Just. Don’t. Go. There. Tamp down that anger and frustration, swat it away like that pesky mosquito. Rise above the despondency that trails disappointment like a shadow. Reserve the hot jets for the hot tub and not your emotions. Hold your head high. With all big projects, there are so many moving parts that a shift in any one thing could have changed the course of the events that didn’t fall in your favor this time around. When things fall apart, don’t immediately jump to the conclusion that you did something wrong. Hold your head high even if you feel like hiding under the covers for a week and remember that second, third and fourth place are also great accomplishments, so don’t get hung up on first place. Don’t burn your bridges. Handle this setback with grace and you may be first in line for the next opportunity. Pretend you’re walking the red carpet at the Academy Awards telling Ryan Seacrest that “it’s an honor just to be nominated”. Even if it feels like B.S. to you at the time,

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Major Setback; Unethical Boss; Extended Unemployment

http://joanjerkovich.com/podcasts/1.11.14/1.11.14Podcast.mp3Podcast: Play in new window | DownloadSubscribe: Android | RSSPodcast Segments: Recover from Major Setback @ 0:00 Lost Recording Contract @ 5:08 Can’t Get Interview @ 22:58 Emotions of Job Loss, Setback @ 41:31 Unethical Business Hindering Success @ 44:50 Manage Problem Employers @ 1:02:59 Brought to you by: Hospice of Salina Martinelli’s Little Italy Dignity Care Home McCall Manor Bennington State Bank Troy and Lorie’s Cafe (TLC)

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No Money for Holiday Gifts?

No Money for Holiday Gifts?

The holidays always get me down because I can barely make ends meet. I want to join in the family white elephant gift exchange, but struggle to pay for the things I need. That five to ten dollars could be gas money. How do I deal with this with my family? Thank you for asking this question, because there are sure to be many people out there who likewise struggle. While we all want to give gifts, if you don’t have money to spare, you have two options. You can opt to not participate in your family white elephant exchange or get creative with your gift options. If you opt to not participate, don’t make a big deal of it. If this is embarrassing to you, no one needs to know you’re not participating because you’re on a tight budget. I’ve attended many gift exchange events where people do not participate. The most common excuse they use is “I forgot to bring a gift”. Go with that one, and the family either won’t give it another thought or may quietly know that you’re struggling and talk with you about how they can help later. If you still want to bring a gift, you can use these strategies for keeping your costs down. Know that the dollar limit the family sets is merely a suggestion, you do not have to spend that much. Maybe you can find a real prize at the thrift store? I just bought myself a couple of thrift store items for $1 each that I’d be thrilled to get in a gift exchange! Maybe you can offer an hour of your services as a gift? We don’t hear much of that anymore, but I’ll bet an offer to rake leaves, clean, or babysit for an hour would

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Stalked by Person Gave Holiday Money To?

Stalked by Person Gave Holiday Money To?

During the Holidays, in the spirit of generosity, I will give money to people who I know need help. I recently did this for someone, but now I regret it, because they have started showing up everywhere wanting more. I don’t want to say I’m being stalked, but this person has now made posts on my FaceBook page and even showed up at my work. I’ve tried to point this person toward the social service agencies in our community but that message is not getting across. What do I do and how do I not let this one person kill my spirit for giving? Sadly, I’ve heard of this before. You want to help someone out, not create a nuisance for yourself. I’m guessing you know that if this does become a “stalking” issue, or you start to fear for either your personal safety or that of your family, you should contact the police? Where FaceBook is concerned, I’m guessing you know to change your privacy settings, unfriend, block or report this person? The bigger questions may be how to exercise more discernment over who you give money to, and how to not kill your amazing spirit for giving? I like how you have already tried to point this person in the direction of your community agencies. While it feels less personal to donate to the local soup kitchen or homeless shelter it does allow for that distance that may be necessary for your safety. People in need vary from the hard working family whose child suffered an illness or accident and need money to cover expenses not covered by their medical insurance, to the homeless and chronically mentally ill who roam the city streets. Understandably, you will be more at risk for general creepiness, if not stalking, if you

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Joan Jerkovich “Your” Life Coach~ No Money for Rent or Food?

Joan Jerkovich “Your” Life Coach~ No Money for Rent or Food?

I’m having serious financial problems and am having to choose between paying rent and buying groceries. Due to a strange financial situation, I am not eligible for government assistance. What are some ways I can get help? I wish I knew more about your situation from your question, nevertheless, my heart goes out to you, and sadly, I hear of financial difficulties far too often from my callers.  The heartbreaking situations are those people who can’t work due to their health or a disability.  That said, I’m a strong believer in people making their own way in life instead of relying on others, society or the government to take care of them.  It’s called being a responsible citizen. When your budget is so limited you need to approach this from two directions.  Money In versus Money Out.  Budgets, simply said, are balancing the money that comes in with the money that goes out.  Write down every cent you spend and what you spend it on.  Once you’ve done this for several weeks, take a close look at where you might cut back your expenses.  Here’s where you might need to make some hard, and heartbreaking, choices.  Are you feeding a pet where you can barely feed yourself?  Are you supporting an addiction to cigarettes, alcohol or fast food delivery?  Do you need to take in a roommate to share the rent?  Leave no stone unturned in looking at where you might cut expenses. You need more money to live on, that is a fact.  Have you explored all options for getting the government assistance you need?  Call your local SRS or search the Internet for options you may not have fully explored.  Do you have an affiliation with a church community that can temporarily help you out? Have you looked

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