Blog Archive: August 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.

Many 'Household CFOs' Lack Emergency Funds

Added August 14, 2008 by Melanie G. Rogers

A recent survey found 68 percent of "household CFOs," those responsible for managing their families' budgets, don't have an emergency fund.

Consumer Credit Counseling Services of Greater Atlanta sponsored the survey, which led the group to launch its Household CFO consumer information campaign.

The…

Topics: personal finance advice

Foreclosures Increase By 55 Percent In A Year

Added August 14, 2008 by Melanie G. Rogers

RealtyTrac reports today that the number of foreclosures increased by 55 percent in July, as compared to one year earlier.

Foreclosures rose by 8 percent from June 2008.

Banks foreclose on properties when home owners fail to make mortgage payments.

Which states have the most foreclosures? Nevada…

Topics: personal finance advice

What To Do If Your Employer Hasn't Paid You

Added August 10, 2008 by Ilyce Glink

Nancy called in to ask what she should do. Her employer is behind on wages and then moved her to commission-only but hasn't paid that either. She finally decided to leave and wants to know if she can collect unemployment.

I suggested she contact the Department of Labor (www.dol.gov), which takes a…

Topics: taxes

Comments on the show -- Buffing Out Granite

Added August 10, 2008 by Ilyce Glink

Some contractors called in to say that you can buff out granite and mable, which I know to be true. The problem is that if the stone is flawed, no amount of buffing is going to make it look perfect.

If Mark, our caller, saw perfect slabs of granite in the showroom and was promised that his granite…

Topics: home improvement