Girl Scouts: A hotbed of fraud?
Written by Jessica Clark on October 10, 2011 – 1:47 pmI got a call this morning from the Girl Scouts of Los Angeles. A staffer had tried to charge my American Express for our annual dues and donation, and the charge had been rejected. She tried again while I was on the line; same result.
A few minutes later I got an email from American Express emblazoned “Fraud Protection Alert.” I called the toll free number and identified the attempted charges as legitimate. The
Tags: Girl Scouts, Scouts
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Harvard Endowment Has an Excellent Year
Written by Jessica Clark on September 27, 2011 – 12:12 amF. Scott Fitzgerald wrote: “Let me tell you about the very rich. They are different from you and me.” He was right: The rich get better returns on investment. The Harvard endowment rose 21.4% to $32 billion in the university’s fiscal year, which ended on June 30. Harvard has the largest endowment of any university in America.
The Harvard Management Company wrote, “Over the past two decades the average annual return on the endowment has been a robust 12.9%.” Those are Warren Buffett-class returns, and the management company crowed about how well it has done in volatile markets. That may be true, but the fund is still a bit shy of its peak level in 2007.
Tags: Endowment, Harvard Endowment
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Is now the time to fix your mortgage?
Written by Jessica Clark on September 25, 2011 – 11:18 amFor many Britons, the eurozone sovereign-debt crisis might seem a bit remote given we are not part of the single currency. However, our banks might be about to bring it straight to us. Until now the record low Bank of England base rate has encouraged mortgage providers to come up with some excellent deals. Yet while the base rate doesn’t look like it’s going anywhere just now, Europe’s troubles could panic the banks and push up lending rates.
The early warning has come from private banks, which often act faster than their high-street peers. In recent weeks several British private banks have started to increase rates for the first time in two years. “Unce
Tags: Now, Now Time
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Six Ways to Save Money With Your New Dog
Written by Robert White on September 25, 2011 – 11:11 amThe kids have been begging for a puppy for six months, and you finally decide a dog might just complete your family. Plus, the canine may teach your kids a few things about responsibility and caring for others, right? Those are good reasons to get a dog, but before you bring Spot home, take a few minutes to consider the finances.
With shots, vet care, food, toys, boarding, insurance…that pup’s expenses will add up fast. Here are six tips for trimming some of Fido’s bills:
Don’t buy from a pet store or breeder
There are several good reasons to avoid pet stores and breeders when you’re seeking a new dog, perhaps the least of which is that you’ll save money. Some commer
Tags: Dog
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IRS Volunteers often make Mistakes
Written by Robert White on September 23, 2011 – 9:06 pmThe IRS runs a Volunteer Program that regularly solicits help from volunteers to file taxes for the low income, English language challenged or elderly taxpayers, among others. Last year, the agency used more than 87,000 volunteers to file about 3.1 million tax returns. But the Treasury Inspector General for Tax Administration (TIGTA) reviewed the work done by the volunteers and found a rather high rate of inaccuracy in the returns. This discovery was recorded in an official report by the TIGTA.
Out of 3 dozen returns prepared by the volunteers examined by TIGTA, it was found that only 14 were submitted in without mistakes.
Tags: Volunteers, Volunteers Make
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