Comments on: Tips for those considering taking buyouts

By: Joshua Charles

Joshua Charles — Wed, 24 Sep 2008 17:09:45 +0000

Hey Vanessa, ING is great, but you might want to give ShoreBank a gander. I work with them and have found their High Yield Savings Account to be very competitive at 3.5% APY. It’s all online, can accept direct deposit and is linkable with as many as six other accounts. Check them out at http://shorebankdirect.sbk.com

By: Vanessa

Vanessa — Thu, 28 Aug 2008 23:43:38 +0000

Of course Joe broke it down like I knew he would, but as a cub reporter, I am still lamenting this great lose to young journos. Glad Poynter still has him.
I am in obsessive save mode right now so I can have six months in a savings and need to up what I put into my INGDirect.

By: Coco

Coco — Thu, 28 Aug 2008 14:36:00 +0000

Excellent and thorough advice. I’ve never been offered a buyout – just 3 weeks pay, a recommendation and unemployment. With all of my job hopping, I wouldn’t qualify for much of a buyout. I have to plot my exit at the first signs of an employers financial hardship.