Workplace

Two Topics from the Course

Just about every topic that we’re discussing in the course has been in recent news, and I’ll touch on just a couple. Credit Card Debt On July 11, 2019 Yahoo Finance reporter Sibile Marcellus writes, “Americans owe more than $1 trillion in credit card debt. And according to a new CreditCards.com poll, households with credit…

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Tippecanoe County, IN, experiences the highest wage growth in the U.S

The U.S. Bureau of Labor Statistics reports that Tippecanoe County, IN, had the largest over-the-year percentage increase in average weekly wages During the 4th quarter of 2018 (15.1%). Within Tippecanoe, an average weekly wage gain of $1,046 (128.5%) in professional and business services made the largest contribution to the county’s increase in average weekly wages.…

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ID Theft

In  2002 Walter Kevin Scott worked as benefits manager for the Indiana Public Employees’ Retirement Fund (PERF).  Mr. Scott had used a false Social Security number in the hiring process, and the State of Indiana had hired him unaware that he had served time in a federal penitentiary –  for identity theft! During his trial it was disclosed that from…

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In the News

Half of Non-Homeowners Expect to Buy Homes in Five Years(Gallup) Highlights: 49% of non-homeowners expect to buy a home in the next five years; An additional 20% expect to buy a home in the next 10 years; One in five homeowners plan to sell in the next five years. US Consumer Spending Up in April,…

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HR People, Credit Counselors, and Bankruptcy Attorneys – Am I Correct about Emergency 401(k) Withdrawals?

One of my (many) favorite quotes is, “Learn from the mistakes of others. You can’t live long enough to make them all yourself.” [1] . Over the decades I’ve certainly made my share of mistakes!  But during five years as a community college personal finance instructor, and as counselor with several thousand in-person sessions under…

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