<?xml version="1.0" encoding="UTF-8"?><rss version="0.92">
<channel>
	<title>Money, Economy, and Government</title>
	<link>http://blog.becomingyourownbank.com</link>
	<description>Strategies and ideas based on today&#039;s economic situation.</description>
	<lastBuildDate>Fri, 20 Aug 2010 16:42:47 +0000</lastBuildDate>
	<docs>http://backend.userland.com/rss092</docs>
	<language>en</language>
	<!-- generator="WordPress/3.0.1" -->

	<item>
		<title>401(k)’s Record Hardship Withdrawals At 10 Year High</title>
		<description><![CDATA[NEW YORK (CNNMoney.com) &#8212; Withdrawals from 401(k) retirement saving plans saw their biggest spike in over ten years, Fidelity Investments said on Friday, in the latest sign of a dismal economy. Fidelity reported that 62,000 Fidelity participants made hardship withdrawals from their 401(k) workplace plans during the second quarter. That&#8217;s up from 45,000 participants during [...]]]></description>
		<link>http://blog.becomingyourownbank.com/the-truth-about-money/401k%e2%80%99s-record-hardship-withdrawals-at-10-year-high/</link>
			</item>
	<item>
		<title>Mutually Owned and Publicly Traded Companies</title>
		<description><![CDATA[Guest Post by Alicia Eberle Two common forms of insurance companies – mutually owned and publicly traded There are two common forms of insurance companies: 1) mutually owned, and 2) publicly traded.So why does a life insurance company’s ownership structure matter to a policyowner – to you? When choosing a life insurance company, it’s important [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/mutually-owned-and-publicly-traded-companies/</link>
			</item>
	<item>
		<title>What Every Grandparent Should Teach Their Grandchildren</title>
		<description><![CDATA[Do you remember the movie “Back To The Future?” Wouldn’t it be nice to have a DeLorean equipped with a Flux Capacitor that would allow you to go back in time and live a part of your life over again? Maybe you would just make a minor adjustment or two regarding some decisions you made [...]]]></description>
		<link>http://blog.becomingyourownbank.com/the-truth-about-money/what-every-grandparent-should-teach-their-grandchildren/</link>
			</item>
	<item>
		<title>Budgeting is very important</title>
		<description><![CDATA[Guest Post by Jonny Pean. Establishing a budget is the first step towards efficient management of personal finances. There are always many things which we want to do and which we can do and budgeting is the only way which helps to bridge the gap between the two. Firstly, individuals should always try and figure [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/budgeting-is-very-important/</link>
			</item>
	<item>
		<title>Pension Plan, Defined Contribution Plans, and Public Workers Compensation</title>
		<description><![CDATA[Guest post by J. Grace Liao. A pension is a form of deferred compensation earned overtime through employee service. Traditionally the pension arrangements were classified as defined contribution plans and defined benefit plans. A defined contribution plan is a retirement plan whereby the firm contributes a certain payout each period to the employees&#8217; retirement account [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/pension-plan-defined-contribution-plans-and-public-workers-compensation/</link>
			</item>
	<item>
		<title>Immediate Annuity</title>
		<description><![CDATA[An immediate annuity is the arrangement of a regular flow of income checks to you. You can receive this income, based upon your preferences monthly, quarterly or annually.The checks can start to you as fast as within one month of deposit, and &#8230; You can utilize savings that you have through other retirement plans, savings plans or even through deferred annuities&#8230; The immediate [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/immediate-annuity/</link>
			</item>
	<item>
		<title>What is a Simple Annuity?</title>
		<description><![CDATA[A simple annuity definition is that it is an amount of cash that you receive for money invested. The amount that you invest resides with an insurance company. The insurance company is in charge of your money and responsible to see that you get paid the agreed upon amounts. The derivation of annuity comes from Medieval Latin [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/what-is-a-simple-annuity/</link>
			</item>
	<item>
		<title>The Story of Bad Debt</title>
		<description><![CDATA[Guest post by Justo Fuentes. As a Business Development Officer for “The Best Business Bank In The Business” I assist people finance needs and dreams. Let me say that I love my job and the business that I’m in.  That being said I am not afraid to tell anyone that will listen that there is such [...]]]></description>
		<link>http://blog.becomingyourownbank.com/posts-by-guests/the-story-of-bad-debt/</link>
			</item>
	<item>
		<title>Averages…..Why Advisors Have Had to Change the “Look-Back” Period!</title>
		<description><![CDATA[I was driving across Southern Idaho the other day and was searching for something to listen to on the radio when I came across a financial planner talking about the current economy. As a “recovering and reformed” financial planner I was interested in what he had to say. I remember back in the mid eighties [...]]]></description>
		<link>http://blog.becomingyourownbank.com/the-truth-about-money/averages%e2%80%a6-why-advisors-have-had-to-change-the-%e2%80%9clook-back%e2%80%9d-period/</link>
			</item>
	<item>
		<title>Have You Bought the New Book Yet?</title>
		<description><![CDATA[It&#8217;s finally finished. &#8220;Discovering Hidden Treasures&#8221; by Dan Thompson. Here&#8217;s what its all about&#8230; We live in a new financial world where much has changed, yet most advisors are still peddling the same old stuff. They preach asset allocation, diversification, risk-tolerance, and all the other buzz words of traditional methods that frankly are NOT working. [...]]]></description>
		<link>http://blog.becomingyourownbank.com/the-truth-about-money/have-you-bought-the-new-book-yet/</link>
			</item>
</channel>
</rss>
