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Sequestration is the automatic form of spending cutback. These cuts will take effect by Friday, unless the Congress quickly acts to stop them. After March 1st, $1.2 trillion will be automatically removed from the federal budge, which could reverse our economic recovery. Where would these trillion dollar cuts be taken out of? Things like investments in education, public health services and research, disaster preparedness, and national security are a few places budgets will be cut. According to ThinkProgress.org, low-income women and women of color will be hit hardest by the sequestration. You may not think that these cuts affect you, but they do. Check out the five ways that sequestration cuts are harmful for women of color: 1. Programs that directly help the most vulnerable families and children—such as the Special Supplemental Nutrition Program for Women, Infants, and Children, or WIC could be cut by $543 million, which is a big loss to the 450,000 plus people of color who use these services. 2. Federal education funding cuts will disproportionately hurt students of color. Cutting access to these vital financial aid programs will stunt or even halt the higher education aspirations of tens of thousands of students of color. If…
Wednesday, 27 February 2013 15:24

Best resources for finding a job in Detroit

With the current demand for work largely outweighing the need for workers, it's tough to find a job in Detroit. If you're like most, surfing Monster and CareerBuilder tirelessly for prospective employers has run its course. Figuring out where to apply seems a hard enough task, not to mention getting an interview. But, it might not be as difficult as you think. Employing the right skills with a eye-catching resume and cover letter can help tremendously. In other cases, it's a strand of "good luck" that might be needed to give you that extra edge against the odds.Does luck really exist when it comes to finding work? Whether or not, one thing is for sure. There are certain resources available in our area that will help you to land that job you've been looking for. 1. Detroit Recruiterwww.detroitrecruiter.com This website offers job seekers not just a look at the national job board, but also local newspaper classifieds. Employees list jobs on the site and search the database of resumes. Candidates posts resume profiles at no charge, and can search and apply for jobs. Job searches can be filtered according to distance, anywhere from a five to 250 mile radius. Metro-Detroit…
Friday, 22 February 2013 17:49

The Paralyzing Nature of Fear

I have found that when it is important for me to focus on a topic, I can't seem to avoid it coming up in my daily life. There are two topics that keep coming up recently: (1) a different outcome only occurs through different actions, and (2) fear. Recently, my pastor talked about the power of fear: how it makes people comfortable and encourages people to be "masters at mediocrity." As a result of being scared to fail, people give up before trying. In fact it is human nature to refuse to leave our comfort zone. We do this although we know there is something greater and our current, while comfortable, does not yield the best outcome. I often talk to people about their vision for their finances. Many of those recognize that they aren't where they want to be yet they refuse to do things differently. Often, they recognize the issue and what needs to be done to resolve them but fear paralyzes them from taking the necessary steps to drive real change As a bystander and coach, it's hard to witness. How can someone know something isn't right, yet feel too powerless to change? If you recognize and…
Wednesday, 20 February 2013 18:12

5 Creative Ways to Think Differently at Work

Are you the creative one in the office, bubbling with suggestions at meetings? Believe one good idea will impress your entire team? Convinced creativity is part of your character? The truth is that the creative genius is a myth. Creativity is a skill we can all learn. And like any other skill, creative thinking requires practice. Here are five ways to develop your creative thinking and use it to your advantage in the workplace: 1. Devour books Read voraciously. Try biographies of great minds, thought-provoking fiction or leadership guides. Keep up with trade publications in your field. Watch TED talks and reading inspiring blogs. 2. Observe the great Keep an eye open and a notebook ready. Who are the smartest and most creative people in your office? Pay close attention to how those people work to see the process behind the good ideas—or take your coworker out for a coffee and have a chat about how he or she goes about solving problems. If your job gives you the opportunity to travel to conferences, go. Panels likely to generate debate are great ones to attend. Listen to how the debaters structure their arguments and back it up with their original…
Monday, 18 February 2013 16:07

4 Ways to Raise a Bad Credit Score

After struggling for years with credit issues, you've put a plan in place to develop a budget, pay your debts on time, and spend wisely. You're doing all you can and you're ready for a fresh start, but your credit score is still not where you'd like it to be. What now? Here are a few tips for getting an added boost to your credit score. 1) Ask for an increase in your credit line. Your credit utilization ratio — the percentage of available credit you're using — accounts for 30% of your FICO score. By increasing the amount of unused credit, you can raise your score. However, before you do this, ask whether the issuer will run a credit check. Note that if your credit-card issuer requires a credit check before granting an increase, you could possibly lower your score. When a potential lender requests a credit report (due to you voluntarily applying for credit), this is considered a "hard" inquiry, and it might cause you to lose roughly five points from your FICO score. If you have a short credit history (few accounts) and several hard inquiries have been made over an extended period of time, you're more…
Friday, 15 February 2013 17:02

The Best Company to Work For in Detroit

(NEW YORK) -- A Detroit-based company is among three companies from Michigan to make the latest edition of Fortune magazine's "100 Best Companies to Work for" list. The list is compiled using feedback from an employee survey conducted by the magazine and the Great Place to Work Institute. The three companies based in Michigan to make the list are Quicken Loans (Detroit), Plante Moran (Southfield), and Stryker (Kalamazoo). Copyright 2013 ABC News Radio http://www.huffingtonpost.com/2013/02/14/quicken-loans-100-best-companies-to-work-for_n_2685664.html?utm_hp_ref=detroit
Thursday, 14 February 2013 00:00

Money Matters Can Crimp Your Love Life

The best present you can give your significant other this Valentine's Day may not be as romantic as flowers and a fancy dinner, but it could bring more peace and happiness into your relationship. Money is the leading cause of stress and arguments in a marriage, so having a financial plan in place can reduce tension and create a better environment for romance — and trust — that will hopefully last a lifetime. Here's some sound advice for couples merging their finances: Be open. Financial secrets — like when one partner is secretly saving, spending or even gambling large sums of money — can ruin a marriage, so get everything out in the open. Make a list of all student loans, car loans, credit card debt — even loans to friends and relatives. Get copies of individual credit reports to share your financial pasts. Get it together. Figure out which of three account options are best for you and your partner. Separate accounts give both spouses some autonomy, while joint accounts merge all income and expenses, though it requires communication and agreement as it means less privacy and independence. A combination of joint and separate accounts divide the expenses while…
Tuesday, 12 February 2013 15:41

First Job Career Lessons

You may be a seasoned professional, re-entering the job market, or trying out a new career. Whatever your path and no matter the industry you are working in, reflecting on your beginnings will keep you humble and hungry for success. CareerBuilder blogger Susan Ricker details via AOL Jobs that there are five key lessons you learned at your first job that are essential to your continuous success. She cites making a cordial relationship with your coworkers a priority just as important as doing your job as one lesson you learn as a newbie that could help long after those premier career years are over. You may find yourself being part of a team or even the leader of a team later on in life. Having an amicable relationship with your coworkers is essential to motivation and will translate into the amount of effort they will give you and the company. A good relationship will foster better communication which helps get things done. She also adds that using your paycheck for "both fun and for saving" as a great habit to carry into your later years. During your first job you may have blown one or more checks on some non-essentials…
Monday, 11 February 2013 16:29

Common Money Mistakes to Avoid

It is without a doubt that money management is one of our biggest priorities. No matter how much of it we have, we are always concerned about making the most of it and maximizing what's in our pocket books. Yet, along the way, we may hit a few road bumps. They are the all-to-common mistakes that we can easily look over and sometimes have just as much difficulty in our attempts to avoid. The following is a list of 13 well known yet frequently overlooked mishaps that can cause us woe in our finances. Read more: http://www.dailyfinance.com/2013/01/02/13-common-money-mistakes-to-avoid-in-2013/#photoID-5527025
Friday, 08 February 2013 15:20

Setting SMART Goals

One of the primary reasons people don't stick to goals is that the goals are not appropriate or realistic. Often, when we decide to do something we set lofty goals without defining specific milestones and eventually we give up because we get discouraged with our lack of progress towards the end result. We may not necessarily lack the discipline to achieve the goals; we merely start the wrong way. Without a method to measure progress, it becomes easy to get discouraged. For example, if you have ever tried to lose weight, many fitness professionals will tell you to stop obsessing over the scale. They tell you to focus on how you feel, your energy level, the way your clothes fit and other "non-scale" wins. If you are able to see incremental progress in other areas of your health, you are more likely to stick with the plan even if the scale doesn't move. Celebrate the small wins. The same is true with finance. The key is to set SMART goals: SpecificMeasurableAttainableRelevantTime-bound "Specific" answers the who, what, when, where and why of the goal. The purpose of this is to create a crystal clear image of the actual goal."Measurable" helps you…
Thursday, 07 February 2013 16:27

How to Handle a Workplace Bully

Sometimes, the workplace can feel a lot like high school: Full of cliques, gossip, and passive-aggressive behavior. Bullying has been a hot topic as of late and sadly, adults are not immune to it. Bullies certainly exist in the workplace, though they aren't quite as obvious as they were in grade school. They don't go around throwing people into trash cans and stealing lunch money. But their torment can be just as destructive. Whether the bully is criticizing you, conveniently "forgetting" to include you in important conversations, stealing credit for your work, or talking badly about you to others, his goal is always the same: To tear your down (typically in an effort to build himself up). (Please note: The male pronoun is used here for ease of reading. Bullies can, indeed, be female too.) As much as your children would like to believe you have all the answers, should you find yourself bullied in the workplace, you may feel as lost as a third grader regarding what to do. Here are a few tried-and-true recommendations. http://money.usnews.com/money/blogs/outside-voices-careers/2013/01/24/5-steps-for-handling-a-workplace-bully
Wednesday, 06 February 2013 15:34

College Majors to Make Major Bucks

So, it's often reported that various majors just aren't major money-makers in the job market. Some even have high instances of unemployment. But oftentimes, it's not about the perceived opportunities based on the norm, but about how you market yourself in whatever field you choose to enter. Writer Jay Cross explores college majors and the career stereotypes that come with them, as well as how you can leverage knowledge in any field to increase your marketability: 1. PsychologyThe common assumption: "All I can do is go to grad school or intern at a therapist's office." How to reframe: Let's say you have decided against psychology and are now eyeballing a career in marketing. Here's what you might say to persuade a hiring manager your degree fits: "You know, it's funny. Most outsiders think business is just about numbers and money, but I totally disagree. My psychology courses really opened my eyes to the human element. There are so many biases, barriers and personality quirks that go into a buying decision, for example. It's not simply about having the best product. If you don't understand the emotional state of a customer or what's going through their head, you miss huge opportunities…
Tuesday, 05 February 2013 11:58

Are You About That 'Professional' Life?

If you've ever worked a day in your life, and particularly been in a position to manage or oversee other people, you'd know there are a whole lot of people who talk a good game when it comes to their career ambitions, but can never back it up. These are the folks who just know they want to be an entrepreneur but have no clue what business they want to start, or who think they could do a better job running the company than everybody else but can't even name two things they would do to improve revenue. Essentially, they're just BSing. Climbing the corporate latter and achieving your career goals is no easy feat for a number of reasons but it's quite easy to weed out the people who really want to make it and who just think they want to. In case you're not sure where you fall, check out these signs you're not really serious about what you do. Read more at http://madamenoire.com/260300/you-aint-about-about-that-professional-life-signs-youre-not-really-serious-about-your-craft/#AVt8KhCLBBye3TeQ.99
Monday, 04 February 2013 16:12

Greed is Not Good

More money. More fame. More freedom. More everything. Life for the black athlete in America has drastically changed in less than half a century. Yet despite the multimillion-dollar contracts, endorsement deals and free agency, professional athletics suffer from a huge void. I grew up during the 1970s and '80s with superstars who made our jaws drop — whether they were in uniform or not. They were champions on the field. They were leaders off the field. I don't see anyone out there today who fits this description. Correction: I do. But it's often for the wrong reason.This came to me as I was watching the Super Bowl last night, a stage so large, where voices can be heard. I couldn't help but be saddened and wonder where the voice of the engaged, passionate and socially conscious athlete had gone. What happened to Muhammad Ali? What happened to Jim Brown? Ali was more than a physical specimen; he was a winner. He was a personality that created a legacy and spirit of goodness and humanity. Ali was an artistic, unrestricted man of vision and change. But while Ali was as much a political wonder as an athletic one, Michael Jordan was…