Investopedia

Continue to Site »

Paycation

Filed Under » , ,
Dictionary Says

Definition of 'Paycation'

Taking a vacation from one's main job and using that vacation time to make extra pay at a second job. A paycation can help make ends meet in tough economic times. The term gained popularity during the financial crisis of 2008-2009 when many people took paycations to supplement their incomes.
Investopedia Says

Investopedia explains 'Paycation'

Much like many other financial buzz words which gained popularity during the financial crisis of 2008-2009, a paycation is a light-hearted twist on the high unemployment rates of the time. Paycations can range from teaching courses to doing some freelance work during your vacation time.

Articles Of Interest

  1.

    Where's The Market Headed Now?

    Whether up, down or sideways, learn about some of the factors that drive stock market moves.

  2. 5 Signs Of A Credit Crisis

    These indicators can illuminate the depth and severity of problems in the credit markets.

  3. Recession: What Does It Mean To Investors?

    Understanding the business cycle and your own investment style can help you cope with an economic decline.

  4. Top 6 Ways To Recession-Proof Your Job

    In a recession, financial industry personnel are often hit hard. Find out how to avoid getting the ax.

  5. Survival Tips For A Stormy Market

    Learn which stocks to watch and which to avoid when the Dow starts to sink.

  6. Adapt To A Bear Market

    Learn how your portfolio should evolve to suit bear market conditions.

  7. Lessons Learned From the Banking Crisis

    There are lessons to be learned on how to handle severe financial downturns, and while the Fed is learning, politicians may not be.

  8. Build Your Small Business During Downswings

    Here we offer some cost-saving measures to strengthen your business even when the market is weak.

  9. Will Your Net Worth Be Affected By A Recession?

    Here's a look at how a potential recession could impact your net worth in a negative way.

  10. Major Indexes Near Pre-Recession Levels: Is History Repeating Itself?

    The markets look to be moving back to where they were before the recession. Does this mean another is on the way?
comments powered by Disqus
Marketplace
Hot Definitions

  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center