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| Personal finance news - CNNMoney.com |
| The Romney kids' $100 million trust fund Mon, 06 Feb 2012 14:29:06 EST Mitt Romney's five sons -- Matt, Tagg, Craig, Ben and Josh -- are sitting pretty with a trust fund worth $100 million. |
| Northwestern Kellogg to shrink two-year MBA program Mon, 06 Feb 2012 14:20:39 EST The school plans to put less of an emphasis on its traditional two-year degree program as part of a sweeping strategic review at the school. |
| Finally, a foreclosure settlement (Maybe) Fri, 03 Feb 2012 05:21:07 EST States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value. |
| States seek currencies made of silver and gold Fri, 03 Feb 2012 10:53:26 EST A growing number of states are seeking shiny new currencies made of silver and gold. |
| The best cities for job hunting Fri, 03 Feb 2012 11:56:54 EST FORTUNE -- Dear Annie: I just got a pink slip from the bank where I've worked as a marketing director for the past 12 years, and which is now undergoing a total restructuring, so I'm pondering what my next move should be. Opportunities are limited in the smallish East Coast city where I live (the bank I'll soon be leaving is the single biggest employer in town) and, having moved here solely to take the position I'm now losing, I'm not particularly attached to this area. Our kids are away at college now, our mortgage is paid off, and my wife, who is a pediatrician, really could work anywhere. So we're open to the idea of moving -- but where would I have the best chance of finding a new job? I'm also wondering, do many employers still pay moving expenses for new management hires, or is that a thing of the past? ? Footloose |
| Home repairs: Which jobs come first? Fri, 03 Feb 2012 05:27:39 EST Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. |
| Beat stress for less Fri, 03 Feb 2012 16:36:23 EST This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health. |
| The middle class is going away Thu, 02 Feb 2012 17:12:56 EST |
| Mortgage rates hit another new low Thu, 02 Feb 2012 13:40:28 EST Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record. |
| Obama's latest retirement rescue plan: Annuities Thu, 02 Feb 2012 17:54:43 EST The Obama administration proposed new rules Thursday to help retirees make their savings last throughout their lifetime -- by investing in annuities. |
| 15 great cars that get overlooked Thu, 02 Feb 2012 11:34:46 EST They don't get featured on the covers of car magazines or feted in Super Bowl commercials. At dealer lots, they get parked in the back while newer, glitzier models are showcased in the showroom. They won't get you many oohs and ahs from the car pool kids, or a thumbs-up from other drivers. Face it -- these are the wallflowers of the auto world. |
| Will $4 million in retirement savings be enough? Mon, 06 Feb 2012 14:34:35 EST I hope to have $4 million saved by the time I retire in 30 years. That sounds like a lot of money, but how much would that be in today's dollars? -- Brian |
| UCLA rejects 52 MBA applicants for plagiarism Thu, 02 Feb 2012 10:43:40 EST All told, UCLA's Anderson school found that 52 MBA candidates were lifting whole paragraphs from other, unattributed sources in their essays. And they are far from the only B-school dealing with the problem. |
| Gen-Y looks to developing economies for biz training Mon, 06 Feb 2012 11:39:23 EST Business schools, non-profits, and private employers are sending students and young workers to developing nations to hone their business skills. |
| $34,000 in debt, wants to start a business Fri, 27 Jan 2012 15:58:34 EST We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, Heyward's story -- and the recommended financial fixes. |
| Nonprofit founders put passions ahead of planning Fri, 27 Jan 2012 12:51:06 EST Scott Pankratz and Julie Osborn are phenomenal planners and money managers -- except when it comes to their own investments. |
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| Word of the day |
Merriam-Webster's Word of the Day for February 06, 2012 is:
propinquity • \pruh-PING-kwuh-tee\ • noun
1 : nearness of blood : kinship 2 : nearness in place or time : proximity
Examples:
Many of the retirement community's residents cite the propinquity of the area's various cultural offerings as a significant reason for their choice of the facility.
"Canada was faced with the overwhelming propinquity of the United States; it was just next door -- for almost nine thousand kilometres." -- From Derek Lundy's 2011 book Borderlands: Riding the Edge of America
Did you know?
"Propinquity" and its cousin "proximity" are related through the Latin root "prope," which means "near." That root gave rise to "proximus" (the parent of "proximity") and "propinquus" (an ancestor of "propinquity"). "Proximus" is the superlative of "prope" and thus means "nearest," whereas "propinquus" simply means "near" or "akin," but in English "propinquity" conveys a stronger sense of closeness than "proximity." (The latter usually suggests a sense of being in the vicinity of something.) The distinctions between the two words are subtle, however, and they are often used interchangeably. "Propinquity" is believed to be the older of the two words, first appearing in English in the 14th century; "proximity" followed a century later.