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Posts Tagged ‘Kimberly Palmer’

U.S. News’ Kimberly Palmer Helps Discover Your Inner Entrepreneur

Economy of You coverU.S. News & World Report Senior Money Editor Kimberly Palmer just came out with the new book The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life. Recognizing that journalism offers little job security, Palmer jumped on the microbusiness bandwagon and developed a series of financial planners.

The Economy of You recounts everyday people who are liberating themselves from financial strain by creating their own business as a supplemental income. In it, readers will find concrete guidelines for launching a rewarding businesses of their own, including: tips for figuring out the ideal side gig, advice on juggling a fledgling enterprise and a full-time job, branding and marketing basics that bring results, and what and when to offer for free (unfortunately her answers isn’t EVERYTHING and ALWAYS).

Palmer is also the author of Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back and has appeared on NBC’s Today Show, CNBC, CNN, and local television and radio shows across the country to talk about making smart money decisions.

Want to know more? Visit her online at bykimberlypalmer.com. Palmer’s approach is way less “you’re effed!” than Suze Orman.

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Kimberly Palmer Releases “Generation Earn”

Kimberly Palmer, senior editor and personal finance columnist for US News & World Report, just released a new book to dispel the myth that today’s young professionals are slackers and in more debt than previous generations.  The book, “Generation Earn” investigates the financial dynamics that drive our country’s 20 and 30 somethings - greater earning power, advanced degrees, and a fresh, more holistic outlook on financial success.

“I wrote the book because I felt like there’s so much focus on how bad our generation is with money, but it’s really not true. — also it’s not helpful to keep telling us how bad we are,” Palmer explained to FishbowlDC. 

But the book isn’t all analysis. ”Generation Earn” offers real, applicable career and money advice – some of which Palmer shared with FishbowlDC in her top six money tips for young professionals.

6 Money Tips for Today’s Young Professionals

Save one-third of your income.

Putting one out of every three dollars you earn into the bank might sound like a lot, and it is. At some times in your life, such as shortly after graduation, or the birth of a child, when your budget is strained to capacity, it’s impossible. But at some point, it will become not only possible but essential to creating stability in your financial life.  That’s because significant savings are the only way to weather the inevitable tough periods, such as lay-offs, as well as move towards longer term dreams, such as starting our own businesses. Yes, saving such a big chunk of money each month means sacrificing some comforts and indulgences for the short-term, but it’s the only way to get closer to that ultimate goal of financial security.

Don’t scrimp on career-related investments.

There’s one area where it’s okay to be a spendaholic, and that’s when it comes to investing in your future earning power. The category includes not only education expenses, but also voice lessons for an aspiring podcaster, how-to books for those with potentially lucrative hobbies, and even a new wardrobe for office workers who need to impress the higher-ups. Even hiring a maid service is an investment in your future if you use the time it creates to work on your writing, or website.

Check out the final four tips after the jump and visit Palmer’s site here for more info about “Generation Earn.” 

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The Revolving Door, 01.23.07

  • Judd Legum is leaving the Center for American Progress to work as the research director for Hillary Clinton’s presidential campaign.

  • NPR is looking for a Kroc Fellow.

  • Over at the Washington Times, David C. Lipscomb is the Metropolitan Desk’s new editorial assistant. He replaces Gary Emerling, who was promoted to D.C. political reporter. Tom LoBianco is a new reporter, covering Maryland politics on the Metropolitan Desk. Metro reporter Matt Cella has been promoted to assistant Metropolitan editor. C.D. McGonigal is the Photo Department’s new photo editor.

  • Robert “Rob” Redding, a former Washington Times reporter, is studying at the University of Louisiana.

  • Mary Parsons, who served as Art Director of The Atlantic Monthly from July of 2000 through December of 2005, will be the new art director of the American Prospect.

  • From the release:

      U.S.News & World Report today announced the appointment of Kimberly Palmer as an associate editor for the magazine’s “Money and Business” section and USNews.com’s Money. Starting January 29, Palmer will report to Tim Smart, assistant managing editor, “Money & Business,” U.S. News & World Report.

      Palmer, who will cover general business news, management, corporate profiles and personal finance, is the fourth addition to the U.S. News staff since New Year’s Day. Earlier this month, U.S. News announced three new hires in its growing Web site division: Matthew Belvedere as director of video and audio production; Jay Keller as news editor, USNews.com; and Chris Wilson as associate editor, USNews.com.

      Palmer comes to U.S. News from Government Executive magazine where she has covered business and government contracting, white collar crime, and “Buy American” policies since 2004. Prior to Government Executive, Palmer wrote for The Wall Street Journal and RedEye, an edition of the Chicago Tribune. Palmer holds a bachelor’s degree from Amherst College and a master’s in public policy from the University of Chicago.

  • David Bosco is stepping down as senior editor at Foreign Policy Magazine to write a book on the UN Security Council, to be published in 2008 by Oxford University Press. He’ll remain a contributing writer for FP. While he researchs and writes, he’ll be a visiting scholar at American University’s School of International Service.

  • NYT’s Adam Liptak has a new column “about the legal world” according to the byline, that will appear on Mondays.

  • The Press-Enterprise is looking for a reporter.

  • Government Executive is looking for a staff correspondent.

  • Washingtonpost.Newsweek Interactive is looking for an Opinions and Comments Editor.

  • Washington City Paper is looking for reporters.