With Americans living beyond their means and continually over-extending themselves, people are finding themselves in more debt that ever. With a credit crunch looming, it’s important to start taking the necessary steps to start eliminating debt. First things first, you should examine how you got into debt, and start making a plan for your future. Then, there are a few things you can do to lower interest rates, and consolidate them into one lower payment.
I’m not sure if any of these will be inspirational, or even interesting to anyone else, but here are some interesting quotes I have come across recently.
I’ve been doing some searching today around various news and social bookmarking sites, and I have come across some troubling headlines. Actually, it all started this morning while I was watching CNBC. During the show they mentioned that in Jay-Z’s newest music video, in several scenes he has fists full of euros rather than dollars. It seems like a silly thing to point out, but what that symbolizes isn’t good. Here are the headlines I’ve come across today…
Okay, so we probably all want to make a fortune doing something. Since we aren’t all fortunate enough to make a killing doing what we love, it’s a good idea to be a well-rounded investor. This means knowing a little bit about all different types of investment vehicles… even if you don’t use them. The types of investments you choose will probably depend on your age, areas of knowledge, and risk level you are willing to take.
I was reading an interesting article by Liz Pulliam Weston about the 5 lessons the rich can teach you. This article really points out the little differences in the way rich people treat money. The 5 main differences pointed out in this article are…
function calculate(formObj)
{
var presentVal = parseFloat(formObj.presentVal.value);
var intRate = parseFloat(formObj.intRate.value)/100.;
var years = parseFloat(formObj.years.value);
var futureVal = presentVal * Math.pow((1.0+intRate),years);
var totalInt = futureVal - presentVal;
futureVal = Math.round(futureVal*100.0)/100.0;
[…]
I was reading an interesting article by Liz Pulliam Weston about the 5 lessons the rich can teach you. This article really points out the little differences in the way rich people treat money. The 5 main differences pointed out in this article are…
Okay, so we probably all want to make a fortune doing something. Since we aren’t all fortunate enough to make a killing doing what we love, it’s a good idea to be a well-rounded investor. This means knowing a little bit about all different types of investment vehicles… even if you don’t use them. The types of investments you choose will probably depend on your age, areas of knowledge, and risk level you are willing to take.
I’ve been doing some searching today around various news and social bookmarking sites, and I have come across some troubling headlines. Actually, it all started this morning while I was watching CNBC. During the show they mentioned that in Jay-Z’s newest music video, in several scenes he has fists full of euros rather than dollars. It seems like a silly thing to point out, but what that symbolizes isn’t good. Here are the headlines I’ve come across today…
I’m not sure if any of these will be inspirational, or even interesting to anyone else, but here are some interesting quotes I have come across recently.
With Americans living beyond their means and continually over-extending themselves, people are finding themselves in more debt that ever. With a credit crunch looming, it’s important to start taking the necessary steps to start eliminating debt. First things first, you should examine how you got into debt, and start making a plan for your future. Then, there are a few things you can do to lower interest rates, and consolidate them into one lower payment.
Buffett bets on prefab homes
Legendary investor Warren Buffett is making some interesting investment decisions… should you follow suit?
Being able to comfortably retire is a concern that millions of baby boomers will have to face in the coming years. For those who didn’t properly prepare for retirement, there are options. If you are a homeowner, a reverse mortgage may be the best.
Most successful businesses today have some connection to the Internet. Even brick and mortar businesses that don’t sell products online are aware of how important the Internets 24/7 audience is. Being available to the world, all hours of the day is key for building a brand and boosting profits. If you have never considered starting your own little Internet venture, here are some reasons why you should.
If you want the potential of making a lot of money in a short time, then FOREX (Foreign Exchange, or FX) may be just what you are looking for. It has long been the means of the ultra rich to use FOREX principles of gaining their wealth, and it has, until recently been out of reach for the average person. Now, though, many people are trying their hand at gaining wealth this way. Here are some basic thoughts about how FOREX works.
Once you begin to get credit, it is something that you need to handle with care. By making poor financial decisions, or not handling your finances carefully, it can put you into debt rather quickly. It is much easier to get into debt than it is to get out of it – as many Americans are now finding out. For that reason alone, you should make a deliberate effort to avoid ever going into needless debt. One simple way to end up in financial trouble is to not take to notice of where your monthly income is going.
Who or what is the middle class?
Economic data can’t fully explain why so many feel financially squeezed.
Secrets Of The Self-Made 2007
An introspective look into America’s richest entrepreneurs best days, worst qualities and hardest lessons.
Have you ever wondered how your 401(k) nest egg compares with those of coworkers or neighbors your age? Here’s a sneak peek into what Americans have stashed away in their 401(k)’s and how they’ve invested their money, by age group. The numbers come from an analysis of some 20 million participants in nearly 54,000 employer-sponsored 401(k) plans done by the Employee Benefit Research Institute and the Investment Company Institute, as of the end of 2006.
An interesting article here from the Federal Reserve. Well worth a read - especially given all the turmoil that has been happening with mortgage prices and stocks over the last few months. Key excerpts from the conclusion of the article follow: