Archive for October, 2009

Highest Paid Executives Under 40

1. Matt Maddox

CFO & Treasurer
Wynn Resorts (WYNN)
Age: 34
2008 Total compensation*: $17.66 million
The house may always win, but Wynn Resorts’ CFO is on a streak: Since joining the company in 2002 to head financial operations at the Wynn Resort in Macau, Maddox rose quickly up the corporate ladder and last year was promoted to CFO of […]

Jamie Dimon - JP Morgan CEO - A Banker Who Could Salvage Wall Street

Are all bankers evil? Maybe not. Over the past year, it’s become fashionable to trash Wall Street for unbridled greed and the rapacious use of billions in taxpayer bailout funds. Much of the outrage is justified, since Wall Street firms like Bear Stearns, Lehman Brothers, Merrill Lynch, and Citigroup stoked the flames that nearly torched […]

Retire With Million In Savings

Let’s face it; we all don’t make millions of dollars a year, and the odds are that most of us won’t receive a large windfall inheritance either. However, that doesn’t mean that we can’t build sizeable wealth - it’ll just take some time. If you’re young, time is on your side and retiring a millionaire […]

Debit Cards Do’s and Don’ts

It may be time to defrost my frozen credit cards. It turns out that using a debit card for every purchase—which I’m so guilty of!—is a bad idea.
Here are the do’s and don’ts of using a debit card:
DON’T use debit cards for big purchases. They don’t offer the same protection that credit cards do. Credit […]

Top 10 Money Tips for Women

When it comes to women and finance, sometimes there’s a disconnect between what women know and how they act, their ability as achiever and their financial underachieving, and between the power they have within reach and the powerlessness that rules their actions.
Financial expert Suze Orman gives her list of the top 10 money tips for […]

Eight Useful Professional Networking Tips

If you needed to find a new job, how many people could you turn to for help? If the answer is “not many,” you may need to upgrade your professional network.
“Maintaining a network should be a routine part of your career development strategy, not just something you turn toward in a career crisis,” said Janet […]

Five Habits of Millionaires

According to a study of college students at the Ernst & Young International Intern Leadership Conference in Orlando, Florida, 59 percent of these young leaders expect to be millionaires within their lifetime. What’s more, 5 percent of them expect to hit the million-dollar mark while in their 20s.
And the super-rich are a growing group. The […]

America’s Safest Cities

These metros have the lowest rates of violent crime, workplace deaths, fatal crashes and natural disasters
After living five years in New York City and waiting tables while working part time as actors, Pamela Russell and her husband Todd were looking for a safer, cheaper place to put down roots–without giving up all the city perks […]

Countries with the highest levels of prosperity

For those who value their freedom of expression as much as health, wealth, and prosperity, then Finland is the place to be, with an index ranking the Nordic nation the best in the world.
The 2009 Legatum Prosperity Index, published on Tuesday and compiled by the Legatum Institute, an independent policy, advocacy and advisory organization, ranked […]

Ten Ways To Diffuse A Tax Time Bomb

A large and unexpected tax bill can be devastating to your budget, especially if you don’t have an emergency fund or are living paycheck to paycheck. Before you panic, however, you should double-check your math to make sure it isn’t merely an error. If the math is sound and you don’t have funds to cover […]