Blog Archive: December 2008

Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.

Today On The Clark Howard Show December 23, 2008

Added December 23, 2008 by Ilyce R. Glink

Today on the Clark Howard Show, we'll cover the economy, shopping, and a new scary credit card scam that has made its way to Atlanta.

On the Economy:

Well, the revised GDP numbers are in and they stink: The economy contracted by .5 percent this summer. The fall quarter's numbers probably won't be any…

Topics: personal finance advice

Magic Jack And More!

Added December 22, 2008 by Ilyce Glink

Are you sick of paying huge cable bills? What if you deconstructed what you pay for (phone, TV, Internet) and started to look at unusual ways of accessing the content you want through technology?

Loads of WSB listeners have been trying Magic Jack (www.magicjack.com; $40 for the first year, $20 per…

Topics: save money

Inheritance: Refinance Parent's Investment House with Kid's Inheritance?

Added December 22, 2008 by Ilyce R. Glink

I got a call at the top of the show from a woman who wondered if she should use the $70,000 her kids inherited to pay off her investment property. She'd create a 15-year mortgage and would pay her kids back monthly for 15 years. She figures it's better to pay back her kids at a guaranteed rate of…

Topics: saving for college

How Are You Cutting Labor Costs But Not The Labor?

Added December 22, 2008 by Ilyce Glink

In several papers over the past few days, there have been stories written about how big and small companies are cutting labor costs, but avoiding layoffs.

In today's New York Times story, there are a number of examples of companies enforcing a 1 percent wage drop, or moving to four-day weeks…

Topics: save money