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There’s some evidence that the first number mentioned in salary negotiations serves as an anchor. As an employee, you can influence the employer’s final salary by asking for a high number up front. That high number, you may know, is out of the employer’s range, but by asking for a somewhat reasonable high number, you’re making an impression that continues to influence the following discussion. If you allow the employer to make the first offer, and it’s low, they may have successfully anchored the number in your mind. As a result, you may accept a salary lower than you would have otherwise.

business, career, jobs, money, personal finance, salary, tips, work,

Reblogged from Money Is Not Important
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How Student Loans Impact Your Credit | Mint.com

Q)  Can paying off student loans early hurt your credit score due to the length of the loan?
A)  No, this is a common credit scoring myth.  Paying off your loans early doesn’t have any impact on the age or “length” of the loan.  A loan opened 3 years ago is still 3 years ago regardless of whether or not it’s paid off, paid off early, or still unpaid.

More common questions answered in the full post.

moneyisnotimportant:

How Student Loans Impact Your Credit | Mint.com

Q)  Can paying off student loans early hurt your credit score due to the length of the loan?

A)  No, this is a common credit scoring myth.  Paying off your loans early doesn’t have any impact on the age or “length” of the loan.  A loan opened 3 years ago is still 3 years ago regardless of whether or not it’s paid off, paid off early, or still unpaid.

More common questions answered in the full post.

money, personal finance, student loans, debt, mint,

Reblogged from Money Is Not Important

Consulting firm Twentysomething Inc. reports that 85 percent of young adults now move back home with their parents after graduation.

Tips for Moving Back Home With Parents: When adult children live at home, these strategies can help keep the peace — Kimberly Palmer (via usnews)

usnews, money, personal finance, family, parents, home, tips,

Reblogged from US News Tumblelog
When you’re considering a job change, you need to compare more than just the salaries.  Be sure to compare the health insurance and 401(k) plans, as well.  Seemingly insignificant differences in what is offered from one company to another can cost you several thousand dollars over the course of a year or two.
Via moneyisnotimportant

When you’re considering a job change, you need to compare more than just the salaries.  Be sure to compare the health insurance and 401(k) plans, as well.  Seemingly insignificant differences in what is offered from one company to another can cost you several thousand dollars over the course of a year or two.

Via moneyisnotimportant

benefits, business, career, jobs, money, personal finance, original,

Reblogged from Money Is Not Important
moneyisnotimportant:

How To Find Cheap Textbooks

…textbook prices increased 22 percent over the last four years, according to the Student PIRGs, or more than four times the rate of inflation. On average, students at four-year public colleges were estimated to spend $1,137 on books and supplies during the 2010-2011 academic year…

moneyisnotimportant:

How To Find Cheap Textbooks

…textbook prices increased 22 percent over the last four years, according to the Student PIRGs, or more than four times the rate of inflation. On average, students at four-year public colleges were estimated to spend $1,137 on books and supplies during the 2010-2011 academic year…

textbooks, college, personal finance, saving, school, money,

Reblogged from Money Is Not Important