Four Money Moves To Make When You Get The Pink Slip

The Pink Slip.  It’s the dreaded official notification from your employer that they no longer need your services.   You’ll often hear the corporate rumors flowing within your company about the impending layoffs, but you’ll never suspect that you might be a person on the hit list.   We never imagine that we will be that person who gets called in for dismissal time.   While getting a pink slip is an awful feeling, it’s also a phase in your life where you need to immediately get your financial act together.  Here are my four smart money moves to make when you get laid off from work. Time To See The Doctor- Health insurance is one of the biggest items for consideration during a layoff.  You should make all doctor visits before you separate from service with your current employer.   You should get the details of what happens to your health insurance plan if you get laid off. Are you under COBRA or state continuation?  Do you understand what the cost of COBRA... ...

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10/21/14 Fighting With Your Spouse Over Money?

How to Get Rich w/ oXYGen Financial Topic: Fighting With Your Spouse Over Money? Taped 10/21/14 Listen every Tuesday morning at 8:00 a.m. on ROCK 100.5 | Atlanta’s Rock Station to “Your Smart Money Moves” with The Regular Guys and oXYGen Financial. Ted Jenkin, CFP® and Kile Lewis, CRPC® are the founders of oXYGen Financial, and our chief financial officers. All your money questions answered Breathe easier at http://oXYGenFinancial.net ...

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Does Jim Cramer Run Your Portfolio?

About a week ago, Marketwatch (www.marketwatch.com) ran story called, “The Most Dangerous Stock Market Since 2008.”   In the past six years of bringing you my Your Smart Money Moves Column, I have shared with you how media can influence what happens in the markets in a very significant way.  Without even reading a lick of this column, would it be any stretch of the imagination to say that if the market hits all time highs that the potential danger gets higher and higher for some type of market pullback? If you really want to see something funny, spend eight minutes today watching this 2009 video of Jon Stewart’s The Daily Show.  This particular program poked fun almost five years ago at Jim Cramer, Rick Santelli, and other financial pundits for telling people to continue to buy stocks in a raging bull market before the bottom fell out (http://bit.ly/1aZk5rZ).  The video is particularly amusing with one of Stewart’s great quotes “I would have a million dollars today’s if I followed CNBC’s... ...

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Don’t Accidentally Pay The Homeless Man Again…

Let’s face it, the city of Atlanta hasn’t quite perfected the art of mass transit, and sometimes driving to an event is not only easier, but could be your only option. However, once you finally make it near the Dome, Turner Field, etc, the daunting task of finding the cheapest parking rip off still remains. You may creep your way over to that one trusty lot you usually rely on, only to find its full or “prepaid only” that day. Or maybe the only Falcons parking that’s still open is that $60 lot. Once you finally find your space, and pay, how many times have you walked away wondering if you just paid the actual lot attendant, or a homeless man? Next time, try this new parking service called Parking Panda! (https://www.parkingpanda.com/) You’ll save time and money! Just search for the venue the event is being held at; you’ll then be given a list of available parking lots and decks nearby, the distance from the venue for each of those... ...

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How You Can Beat The All You Can Eat Restaurant

While buffets have been around for centuries, the “all-you-can-eat” buffet has been rumored to originate in the 1950’s in Las Vegas where some of the best buffets in the world are located.    The All You Can Eat platform has been implemented on colleges, cruise ships, and even at a section in the Dodger Stadium.   Our eyes can become bigger than our stomachs when we glance at all of the delicious items on the buffet.  Crab claws, pizza, egg rolls, pasta, shrimp, and every dessert imaginable.   Here are my three smart money moves on how you can ‘beat’ the all you can eat restaurant. Learn How To Prepare For The Meal-  First, do not drink sugary soda or alcoholic drinks when dining at a buffet.  You should stick to water if at all possible.  These sugar drinks tend to require more water to digest them.  This will not be good if your strategy is to eat more.   Consider starting your meal with some warm non-salty type soup that can help coat... ...

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Five Financial To Do’s During Open Enrollment Season

Fall signals the changing of the leaves, football Sundays, and Halloween.  It is also the time of year where many of the companies in Atlanta offer open enrollment for your benefits.  With the complication of benefits packages, it is more important than ever that you learn how to make smart money decisions during your two weeks of open enrollment.  Here are my five smart money moves to look at when your benefits season comes this fall.  Don’t wait until the last minute to check your options!! Your Health Insurance Plan Is Sure To Change- Insurance companies today hardly ever let a company renew its old health insurance plan.  This means that you’ll likely get a new set of plans to sift through during open enrollment.  If you and your partner both have company benefits make sure to weigh the pros and cons of each of your health insurance plans.  Did the deductible change?  Did the coinsurance change? Will you have any major surgeries coming up this year?  Did the policy... ...

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10/14/14 – Questions To Consider During Open Enrollment

How to Get Rich w/ oXYGen Financial Topic: Questions To Consider During Open Enrollment Taped 10/14/14 Listen every Tuesday morning at 8:00 a.m. on ROCK 100.5 | Atlanta’s Rock Station to “Your Smart Money Moves” with The Regular Guys and oXYGen Financial. Ted Jenkin, CFP® and Kile Lewis, CRPC® are the founders of oXYGen Financial, and our chief financial officers. All your money questions answered Breathe easier at http://oXYGenFinancial.net ...

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