If the inescapable headlines and news alerts about the financial crisis still fly over your head, don't feel bad—even some of us in the financial industry need some help understanding why it all happened, what it means, and what the bailout plan intends to do.
I recently stumbled upon American Public Media's Marketplace, Senior Editor Paddy Hirsch has been posting videos online describing the current financial crisis in understandable analogies.
Sitting at my desk this morning, finishing up my normal routine of scanning the blogosphere, I came across a very interesting post about a woman who paid off $14,330 worth of credit card debt in 20 months. No, she didn't win the lottery or sell her car; she simply employed tips and tricks from previous articles on the site. Most of the tips are obvious - like cutting back on unnecessary expenses and paying more than the minimum on your monthly payments - but don't let that fool you into thinking it is not worth the read, there are still many great ideas, tips and a handy spreadsheet or two.
You can read the consumerist.com article here at consumerist.com.
For those who don’t know, the consumerist focuses on - you guessed it - consumer experiences and issues. It is a great resource for the savvy shopper or one who wants to sharpen their purchasing skills.
Tonight is the night! The Greater Baltimore Technology Council’s 19th Annual TechNite is tonight at the Baltimore Convention Center starting at 5pm. We will have several representatives of the Bank attending so keep an eye out for a Mariner name tag and make sure to say hi.
Interesting note, the GBTC will be twittering this event live, along with a live video feed.
GBTC’s website – www.gbtechcouncil.org
TechNite website – www.gbtechcouncil.org/technite2008/