Fool me once, shame on you. Fool me twice … well that’s the opportunity that GM might be providing investors very soon, as they’ve filed the necessary paperwork to go public once again. It was just a few years ago in which GM had to use a ton of government bailout money in order to survive and now it looks as if the government is pressuring them to generate an IPO and give some of that money back!
Some might say this is a play toward the November congressional elections, as an IPO would show the bailout worked for GM and all is well but I’m not so sure how successful one can consider the use of government funds to save a lot of America’s biggest companies. If and when the IPO is provided, how successful will it be for GM and what does it mean for the future of their company?
Initial public offering aside, let’s dive in to the best money articles from the week shall we?
How I Use Mint.com to Know Where My Money Is @ PT Money: Mint.com has been taking a bit of a bad wrap for it’s delays in synchronizing accounts but as far as FREE services go, it’s the best one you’ll find.
How To Get What You Want on Customer Service Calls @ WiseBread: I just came off of a customer service call with Comcast and I’m sad to say I didn’t get nearly what I wanted. Perhaps I was asking too much for 10 years worth of free service (That’s really what I asked for).
5 Ways Social Media Can Cost You Money @ Gen X Finance: Everyone is looking for ways to monetize social marketing but they forget just how dangerous it can be. Here are five quick reminders on why you should always tread lightly.
3 Money Sucking Financial Innovations @ Money Smart Life: Have you ever thought about getting a payday loan? Hopefully if you’ve done your research, you realize just how terrible of an idea that is. Payday loans prey on unsuspecting, cash strapped individuals and should be avoided at all costs.
How to Stage Your Home For Sale @ Cash Money Life: A few years ago, it would take very little effort to sell a house but in a competitive buyers market, you need to make sure you’ve done it right. Ryan does a great job in explaining the ins and outs of staging a house.
Five Small Expenses that Wreck Your Finances @ US News: The little things add up faster than you might think, so looking out for the little things is important to keep your finances in order.
What Color is Your Inflatable Slide @ Lazy Man and Money: Everyone gets frustrated at their job but some handle it in different ways than others. Keeping calm, cool and collective will get you a lot farther than any inflatable slide.