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Month: April 2016

San Francisco Becomes First City to Provide Fully Paid Parental Leave

San Francisco Becomes First City to Provide Fully Paid Parental Leave

Earlier this week, San Francisco became the first city to require private employers to provide paid parental leave to their employees. The law is the first of its kind; no other federal, state, or local law requires employers to fund time off for parents to care for a new child. California is one of a few states that already provides some paid leave to parents taking leave after the birth or adoption of a child. However, the pay is partial…

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Beware the Downside Risks of Tidying Up Your Finances in Preparation for Getting a Mortgage Loan

Beware the Downside Risks of Tidying Up Your Finances in Preparation for Getting a Mortgage Loan

If you’re hoping to buy a home and finance it with a mortgage (as do 86% of homebuyers, according to the National Association of Realtors’ 2015 Profile of Buyers and Sellers), getting your finances in order is a good start. You’ll want to understand how much debt, income, and assets you really have, pay off minor debts at high interest that might be harming your ability to take on more credit, and be able to show that you’re a good…

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