Personal Finance Management GuidePersonal Finance Management GuideQuick and easy strategies for getting control of your money. An all-you-need-to-know introduction to managing and making the most of your hard-earned money. 
Articles
Stop Whining, Start Living
2008-03-14 05:11:00 In order to take control of your personal finances, you have to get a handle on your net worth and your monthly spending habits. Once you have that information, you can focus on ways to reduce spending so that you?ll have more money left at the end of each month to apply to investments and to other goals.The key to achieving nearly any financial dream is really quite simple: Spend less than you earn and invest the rest. It?s not easy, but simple. Fortunately, doing the right thing does not have to be painful. Think of boat crossing the ocean. On a long trip, an all-but-imperceptible change in direction of but a few compass points will have a huge effect on where you land at the end of your journey. (Personal Finance Management Guide by Marie Claire Cooper. It's all about good reading and smart information.) http://personal-finance-management.blogsp ot.com/ More About: Living , Start , Stop
The Uncommon Philosophy of Simple Living or Voluntary Simplicity
2008-03-12 03:22:00 "The more money you spend, the more time you have to be out there earning it and the less time you have to spend with the ones you love". - Tracey SmithSimple living (simple life, frugal living or voluntary simplicity) is a lifestyle in which individuals consciously choose to minimize the 'more-is-better' pursuit of wealth and consumption. Simple living as a concept is distinguished from those living in forced poverty, as it is a voluntary lifestyle choice. The term "downshifting" is often used to describe the act of moving from a lifestyle of greater consumption towards a lifestyle based on voluntary simplicity. If there is understanding of the difference between the body and the soul, then, just as we don?t neglect to supply the physical with food, similarly, we don?t live in the illusion that our inner craving or emptiness can be satisfied by endless material consumption.In order not to consume unnecessarily, we need to make a distinction between the body and the self. You are ... More About: Philosophy , Living , Simplicity , Voluntary
10 Daily LAW OF ATTRACTION Positive Affirmations
2008-03-06 23:44:00 Law of Attraction means that "like attracts like", usually as applied to the mental life of human beings: that a person's thoughts (conscious and unconscious), emotions, beliefs and actions attract corresponding positive or negative experiences. This process has been described as "harmonious vibrations of the law of attraction", or "you get what you think about; your thoughts determine your experience."According to this belief, thoughts have an energy that attracts like energy. In order to control this energy, proponents state that people must practice four things:# Know what one desires and ask the universe for it. (The "universe" is mentioned broadly, stating that it can be anything the individual envisions it to be, from God to an unknown source of energy.)# Focus one's thought upon the thing desired with great feeling such as enthusiasm or gratitude.# Feel and behave as if the object of one's desire is already acquired.# Be open to receiving it.Thinking of what one does not h... More About: Daily , Law of Attraction , Positive , Affirmations
FOUR Crucial Investment Realities You MUST Know on Stock Market Investing
2008-03-02 00:12:00 Everything said so far is so solidly supported by facts that no one disagrees with it. Buying and holding stocks over time is one of the best ways ever invented to build wealth.So the next logical question is: What?s the best way to buy stocks? Here opinions differ. And some of those opinions are not untainted with conflicts of interest. Simple solutions do exist, but hold these truths in mind as we approach them:# Reality 1: Hot tips and claims of inside information are usually yesterday?s news. ?A friend of a friend who is the manicurist for the wife of the CEO of General Motors (GM) said to buy Blimpy-Whimpy, X.P.S, right now. Big developments are on the way.? Unfortunately, unless you work at a high level industry, by the time you or anyone you know has gotten an accurate hot tip, it?s history. Leaving aside the laws against insider trading, ask yourself this: Why would anybody who really knew something share it with anyone else?# Reality 2: Investing is often ego-based. The fin... More About: Stock Market , Market , Investment , Stock
Life Insurance Simplified: Buy Term Insurance without Medical Exam
2008-02-26 02:06:00 There are three major considerations when it comes to life insurance. First and foremost is determining whether or not you need it- not everyone does. Second is deciding what kind you should buy. And third is figuring out how much coverage you need. Unlike health insurance, life insurance isn?t a necessity for everyone. For the vast majority of people, the only reason to buy life insurance is that someone depends on their income. If the kids have moved out, the college bills and mortgage are paid off, and you?ve accumulated enough money for your surviving spouse to live in comfort, you probably don?t need life insurance. Similarly, if you are a single individual with no dependents, it rarely makes sense to buy life insurance.Buy Term Insurance . If you need life insurance, most experts agree that the only kind of to consider is term insurance, either annually renewable or level-premium. Forget about cash-value policies (also known as whole life, universal life, permanent life, and ot... More About: Life , Medical , Life Insurance , Exam
How to Choose the Best Credit Card: Credit Cards for People with Bad Credit
2008-02-24 15:38:00 The most important question to ask when considering the credit card deal that is best for you is whether you expect to carry a monthly balance or, like about one third of Americans, you expect to pay each credit card bill in full when it arrives.If you promptly pay off your balance, the card?s annual percentage rate (APR) is irrelevant. So look for a card with no annual fee (or a very low one, like $45) and a ?grace period? of twenty-five days, if possible. (You?ll learn more about grace periods in a moment.)On the other hand, if you usually run a balance, go for the card with the lowest available interest rate. And, should competing cards offer the same low rate, go with the one charging the lowest annual fee.Remember that the real cost of a credit card comprises any fee plus the annual percentage interest rate on your unpaid balance (and the way it is calculated). Additional considerations include fees charged for cash advances and late payments.None of this stops credit-cad issue... More About: Credit Cards , People , Card , Credit , Credit Card
Dollar-Cost Averaging: How to Invest on Mutual Funds and Stocks
2008-02-22 06:28:00 The best way to invest is to, in fact, invest, and to do on a regular basis. It sounds simpleminded, but it?s not. It takes discipline to invest even $300 every month, month in and month out, no matter what. But it is really the key to financial security. And it provides a very important benefit you may not know about: It lets you harness the power of dollar-cost averaging.Dollar -cost averaging frees you from the need to closely monitor the market and the stocks you own to determine (or rather, guess at) just the right moment to buy. By regularly investing the same amount in the same high-quality security month after month, you will acquire fewer shares when the price is high, but you?ll buy more shares when the price is low.For example, suppose you invest $100 a month in a favorite mutual fund. In the first month, shares are $10, so your $100 buys ten shares. The next month, the shares are $20, so you get five shares. You now own fifteen shares and you have invested $200. Your aver... More About: Stocks , Mutual fund , Cost , Mutual Funds
How to Find and Select a Certified Tax Accountant
2008-02-07 11:47:00 #1. Ask around. Talk to others in your profession or business about the people they?ve used and whether they?ve been satisfied.#2. Try to find someone who knows your business. Tax law is complex, so you don?t want to hire someone who knows the service business if your business is manufacturing.#3. Pay candidates a visit. Any worthy candidate should be willing to give you an hour to discuss your situation, needs and desires. This will give you a chance to get a sense of the person and the firm and what they will do for you as a client. And don?t be shy about asking how fees are set.#4. The more questions the accountant asks you, the better. Asking questions shows interest, of course, but questions can also reflect selectivity borne of success and skill.Someone who asks a lot of questions probably doesn?t plan to take every client who walks in the door.#5. Don?t overlook the personal: Find someone you?re comfortable with. Though not as personal as the doctor/patient relationship, the ... More About: Taxes , Select , Accountant , Certified
Video: Building Savings and Ownership in America
2008-02-01 00:32:00 A look at savings and ownership in America . Giving effective voice, on a daily basis, to people rarely heard. BDV-256769-BDV (Personal Finance Management Guide by Marie Claire Cooper. It's all about good reading and smart information.) (Personal Finance Management Guide by Marie Claire Cooper. It's all about good reading and smart information.) More About: Video , Building , Savings
How to Raise a Good Credit Score: What Matters Most?
2008-01-30 12:41:00 A credit score is a numerical expression based on a statistical analysis of a person's credit files, to represent the creditworthiness of that person, which is the perceived likelihood that the person will pay debts in a timely manner. A credit score is primarily based on credit report information, typically from one of the three major credit bureaus, Experian, TransUnion and Equifax.Americans are entitled to one free credit report within a 12-month period from each of the three agencies. The three credit bureaus run Annualcreditreport.com, where users can get their free credit report, normally without credit scores. Credit scores are available as an add-on feature of the report for a fee.One of the most important elements in determining your credit creditworthiness is your track record in borrowing money and paying it back on time. But, of course, there is also the matter of how much you currently owe compared to how much you currently earn. And something you may not have thought ... More About: Score , Good , Matters
How to BUY Stocks Commission-Free: Direct Stock Purchase
2008-01-22 23:53:00 A stockbroker is someone who invests your money until it is all gone. -- Woody AllenTired of seeing brokerage commissions and ask-price percentages eating into your return? Online brokerage services offers trading stock for the cost of a couple of lattes, but are you aware of the nuisance fees? Well, you may be able to cut out the middleman and buy directly from the company. More than a thousand firms allows you to set up a Direct Stock -Purchase (DSP), Direct Purchase Programs (DPP), or Dividend Reinvestment Programs (DRIP). These are investment service that allows individuals to purchase stock directly from a company or through a transfer agent. Not all companies offer DPPs and the plans often have restrictions on when an individual can purchase shares.Direct Purchase Programs is a no-load stock and the investor can but directly through the company. Dividend Reinvestment Programs is also a no-load stock which can be bought directly through the company but you need to already own st... More About: Stocks , Free , Commission
Personal Finance Guide- Free pdf eBooks
2008-01-22 05:05:00 Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save and spend monetary resources over time, taking into account various financial risks and future life events. Components of personal finance might include checking and savings accounts, credit cards and consumer loans, investments in the stock market, retirement plans, social security benefits, insurance policies, and income tax management.When you reach into a broad-ranging topic like personal finance, you find everyone and their cousin trying to reach across the Internet to give you advice. There?s so much information there that it can literally be overwhelming; there?s literally too much for the average person to sort through. Luckily for you, I am looking to quash that ?intimidation? factor. There?s no reason that personal finance can?t be thoughtful, cohesive, and comprehensive, so w... More About: Personal , Personal Finance , Finance , Ebooks , Free
Parent?s & their Children 5-MINUTE Guide to Paying for COLLEGE
2008-01-17 16:38:00 After buying a house, paying for a child's college education is the biggest expense most parents face. A college education pays off in many ways. Recent studies indicate that college graduates earn more and are less likely to be unemployed than those with high school diplomas. In addition, the "college experience" - new friends, new challenges and new accomplishments ? can provide personal growth and enrichment that last a lifetime.Here are some suggestions and tips that will help you understand the financial-aid game and get you started in the right direction toward finding a way to pay those college bills:Tip #1: Start planning as soon as your child is born. You won?t have to face the expense for another eighteen years, but there are steps, like setting up special tax-deferred accounts, that can pay big benefits in the future.Tip #2: Set up a Coverdell Education Savings Account (formerly called Education IRA, EdIRA) for each child as soon as possible. Up to $2000 a year can be co... More About: Children , College , Guide , Minute , Parent
Fidelity Magellan Fund (FMAGX): Should you buy the FUND or STOCKS instead?
2008-01-17 03:59:00 Fidelity Investments' decision to allow investors unfettered entry to its storied Magellan Fund (FMAGX) for the first time in a decade offers a promising opportunity for those who missed out on its quiet success in recent years. But while fund openings can portend a coming run-up in performance as managers lay down new bets, investors shouldn't buy into Magellan with an expectation that it is poised to take off.Like any other investment, isn't without risk and that should be just part of an overall investment plan. Some potential buyers are still enamored with a fund that did great things a generation ago. But Peter Lynch left the fund 18 years ago, and the fund has gone through several lead managers in that time. Since its peak eight years ago, when assets topped $100 billion, the fund has suffered net outflows every year.On the other hand, Harry Lange, who has managed Magellan Fund since October 2005, said a better balance of cash flows would give him the cash needed to pounce ... More About: Stocks , Mutual fund , Fidelity
Practical Ways to Save Gas on your Car
2008-01-11 14:42:00 FINALLY! You?re driving your own car, and life is a highway. Then you realize you?re using way too much gas. The price of gas is going up, up and away. With political tensions rising in the Middle East and South America, and demand for oil skyrocketing in developing nations like China and India, there?s no telling how high gas prices will climb. You can greatly improve your mileage by having your car serviced regularly and by driving wisely. Any of these 12 points can help improve your mileage:Modern cars are equipped with the most sophisticated gadgetry to making driving worry-free. High-tech electronic systems in newer models regulate the overall operational performance of cars, displaying flashes of light to warn the driver of any impending troubles. Even fuel consumption is electronically controlled to achieve optimum fuel efficiency for distance traveled. Add more mileage with these sound driving habits:#1 Fill your tank only when it is ľ empty. If you always top off your tank,... More About: Save
More Money, More Horny and Better Sex
2008-01-11 13:26:00 According to a survey on high-net-worth individuals conducted by HSGrove Private Wealth Specialist, the richer you are, the better sex you have. It was found that money is an enabler in a number of ways to enhance sexual experiences.The respondents in the survey are people with an average net worth of $89 million, and who make more than $9 million per year.The majority of men and women credit their private wealth with achieving a better sex life. When viewed separately, a larger percentage of women agree with the statement perhaps indicating that females derive a greater degree of empowerment from their financial independence than their male counterparts. The survey participants identified the major contributors to a better sex life and their responses help shed some light on the differing sexual priorities for men and women. Nearly three-quarters of men cited more frequent sex and a greater variety of partners as the primary benefits of having wealth, revealing a fascination with q... More About: Lifestyle , Money , Horny
Bank and Credit Card Company?s Traps and Effectively Simple Counter-Measure
2008-01-07 03:19:00 Zero percent interest for the next six months, or even a year, on all balance transfers. No annual fees. Rewards points for everyday purchases. Choose airline tickets, hotel stays, car rentals, a variety of great brand-name products or just get cash back. Low teaser rates and other deals sound great, until you find out what you?re really paying ? if you find out.What red-blooded American credit-card holder could resist such a deal?Well, if you?re smart, maybe you.Tantalizing offers like these from your bank or credit-card issuer are increasingly filled with traps that can pile on unexpected fees or trigger punitive interest rates, some as high as 35%. True, the details are spelled out in the fine print of promotions and cardholder agreements. You have to be incredibly diligent to avoid the tripwire.The strategies that follow will help make sure you don?t get caught.Trap No. 1Bait and Switch: The Oldest Trick in the BookYou?re tempted by one of the many low-rate or zero-percent card ... More About: Card , Credit , Company , Credit Card , Simple
12 Practical Ways for SELF-IMPROVEMENT this NEW Year
2007-12-30 21:13:00 #1. Commit to a savings fund. Save a negligible amount like $45 per week.The question is this: Can you reduce your current spending by $8 a day, seven days a week, for a total savings of $56 a week? For the high rollers of the world, that might mean having espresso for dessert at lunch instead of the crčme brulee. For others, it might mean brown-bagging it three days a week instead of going out. For still others, it might mean buying a less expensive but perfectly acceptable bottle of wine to have with dinner at home. There are lots of ways to cut costs without eliminating pleasure.#2. When you?re tense or about to lose your temper, leave the room and go somewhere quiet. Take deep breaths and gather your thoughts for around 30 seconds. It will do you a world of good.#3. Try to be a nicer, more considerate person. This just doesn?t mean saying please, thank you, and excuse me. It means being sensitive to other people, offering your help if they need it, or just listening.#4. Establis... More About: New Year , Lifestyle , Improvement , Year
Video: MORTGAGE MELTDOWN- It?s American capitalism at its worst.
2007-12-29 06:18:00 Launch in external player Homeowners across America were defaulting on loan payments and economists warned of major financial fallout occurring anywhere from Paris to Beijing to Melbourne. The world, is at risk of a virulent economic virus thanks to financial globalisation where everything is interconnected through a sophisticated form of pass the parcel. And even more alarmingly, no-one knows just how bad it might get."A perfect storm."This video explains how the subprime market was created through a unique set of circumstances beginning with the fallout from September 11. The program charts the rise of easy credit to the point where mortgage brokers were running out of customers. Enter the subprime loan, the loan you could get when, as one real estate agent tells, the only criterion was to see if the client was breathing. The video reveals how predatory lenders were unregulated and often unscrupulous, targeting people they knew couldn?t pay. The broker would make th... More About: Video , Mortgage , American , Capitalism , Mort
Dodging Credit Card Balance Transfer Pitfalls
2007-12-17 13:27:00 You don?t need to look far to find low APR (annual percentage rate) credit card offers. They?re likely to find you! Aggressive credit card companies frequently solicit credit card applications in the mail in hopes that you will transfer a giant balance over to their books in exchange for a few months of low interest ? or no interest at all. Sounds like a great deal, right? It can be, if you know what you?re getting into. But credit card companies bank that uninformed customers will fall into one of the following traps: 1) Balance Transfer Fee The vast majority of these offers come with a cost ? maybe it?s 2% of your balance, maybe it?s a flat rate. Let?s say the transfer fee is 2% of 16,000 ? that?s $320 just to transfer. Now, if your low interest period is 3 months, that is an additional $107 per month. You may be thinking the interest rate cut from, for example 12% to... This is a content summary only. Please visit my blog to read more at http://personal-finance-management.b... More About: Card , Credit , Credit Card
How to Choose a GOOD Pair of JEANS
2007-12-15 19:57:00 I went shopping with some friends yesterday, and you can feel the holiday rush in the air. Sometimes trips to the mall can be stressful. I bought a two pairs of jeans. Anyway?here are my ideas on how to choose a pair of jeans that looks good on you. Most people have a number of pairs of jeans in their closet but use only one or two the most. That?s because they love the way those jeans look on them. The next time you buy jeans, keep the following things in mind so you land with a pair that will be among your favorites. 1. Choose a pair that fits you comfortably no matter what the size on the tag says. Some people refuse to get a better fitting pair because they?re in denial that they?ve jumped one size bigger. 2. To make you look taller, the length of your jeans should cover your heels and should almost reach the floor. So when you shop, wear shoes with heels that you... This is a content summary only. Please visit my blog to read more at http://personal-finance-management.blog.. . More About: Jeans , Good , Pair
Four Simple Financial Rules you SHOULD know before DIVORCE
2007-12-10 16:10:00 Based on National Survey of Family Growth (NSFG), conducted by U.S. National Center for Health Statistics (NCHS), the probability of a first marriage ending in separation or divorce within 5 years is 20 percent. After 10 years, the probability of a first marriage ending is 33 percent. Anger and hurt tend to figure strongly in divorce, hand-in-hand with resentment, sadness, and fear about your future. And more often than not, these emotional woes all coalesce under the banner of money. That?s because divorce usually hits both parties? wallets hard. This is one sad fact about money, but this is the reality. Here are the key financial issues you should consider: 1. Try to Minimize your Legal Fees. If you and your soon-to-be ex are on friendly terms, you can save as much as 65 percent of the legal cost of splitting with a collaborative divorce. It is relatively new way to... This is a content summary only. Please visit my blog to read more at http://personal-finance-management.blogs. .. More About: Divorce , Financial , Rules , Simple
Saving Money: How to Reduce your Heating Bills this Winter
2007-12-10 10:25:00 The U.S. Energy Information Administration projects costs will increase for all home-heating fuels between October and March. With the heating bills expected to soar an average of 33% this winter- and up to 73% in the Midwest- everyone’s got a way to cut costs. $200, $300, $500 a month! This is what millions paid last winter to heat their homes. Some paid even more. Experts say that this winter will bring even higher heating bills, unless you improve the energy efficiency of your home now. Some advice is smart, some is just hot air. 1. ADD INSULATION Yes. Start with the attic, the easiest and most cost-effective place to pad your insulation. Most homes need it to be at least six inches thick. 2. SEAL LEAKS Eh. Filling cracks near windows won’t help, but a full-house “blower-door test” ($300) can find bigger gaps and chop heat bills by up to 15%. 3. DON’T REDUCE HEAT AT... This is a content summary only. Please visit my blog to read more at http://personal-finance-mana... More About: Money , Winter , Reduce , Saving , Heating
4 Challenges to Overcome that Leads to your Life’s Work Success
2007-12-08 22:29:00 The road to your life’s work is the ongoing process of taking the best of what’s in you and expressing it fully in the outer world. It’s a never-ending journey filled with challenges and obstacles. These obstacles we call “roadblocks,” or “detours.” The challenges and their potential detours represent the inner as well as the outer terrain you must traverse in pursuit of your work. Awareness of the detours and the challenges can help you stay on course. Challenge #1: Know who you are. The first challenge is to know who you are and why you are here on this earth. Unless you are up to this challenge, you have no chance of realizing your life’s work. You’ll be left taking a reactive rather than a creative approach to your work. The first roadblock is denial- an unwillingness to deeply examine your life and to discover your unique visions, talents, and gifts. Challenge #2: Be... This is a content summary only. Please visit my blog to read more at http://personal-fi... More About: Work , Leads , Success , Overcome , Halle
Can Money be the Center of Development of your Potential?
2007-12-04 19:07:00 Fulfillment is too often thought of in terms of money and possessions, or in what money can buy. The pressure for creature comforts is so intense that many men or women will dedicate their lives to making money. The earning of money is vitally important to the family structure, and the dedication of a man to his business and to the accumulation of an estate is appropriate and necessary. But to be truly successful, it should be done from the standpoint of wholeness, from a man?s realization of his complete growth as a person. Bill Gates, the famous founder of Microsoft, said, ?During my long life I have learned one lesson: The most important thing is to realize why one is alive- and think it is not only to build bridges or tall buildings or make money, but to do something truly important,... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial fr... More About: Money , Development , Center , E Center
10 Easy Steps to STOP Shopping Addiction and Compulsive Spending (Shopaholi
2007-12-02 18:42:00 Do you own every gadget known to man (or woman)? Does your closet contain lots of shoes or clothes that you almost never wear? Are you feeling lost without credit cards? Do you come home with things you didn't specifically go to buy? Do you use shopping as a quick fix for the blues? Do you spend more than you can afford? Are neighborhood malls and Internet shopping sites possess a mesmerizing magnetic appeal for you? If you answered yes to several questions above, you are probably shopping as a recreational activity. You have a condition called Oniomania. It is also known as shopping addiction or shopaholism, is the compulsive desire to shop. People who shop or spend compulsively get a feeling of being "high" from the experience. This translates into endorphins and dopamine, natural... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial freedom. More About: Shopping , Addiction , Spending , Stop , Easy
6 Step Beginner?s Guide to Haggling
2007-11-28 10:16:00 With the holiday shopping period upon us, you can save yourself a lot of money if you are willing to haggle. While prices in major shopping centers are usually fixed, you can negotiate at small shops and open markets. Here?s how to get the best deal. 1. Leave the diamonds at home. Don?t wear designer clothes and expensive jewellery when negotiating prices. Shopkeepers are unlikely to give you a break if you?re dressed to impress. 2. Do your homework. First check the fixed price of the item you want at the mall. If a friend or relative recently bought something similar, ask how much they paid. 3. Stay cool. Never get excited about an item. The moment you say, ?This is great! I have to have it!? the prices will skyrocket. 4. Bid low. Offer half the asking price or less at first. The... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial freedom. More About: Beginner , Guide , Step , Guid
9 Easy Steps on How to Teach Kids about Saving and Investing for the Future
2007-11-23 09:37:00 The preteen years are a golden time to teach your kids about saving for the future. They already know the value of money, having learned basic money concepts in school, and the mathematical operations involved. If they have abided by your rule to set aside 10 percent of their cash gifts received as savings over the years, then they already have "seed money" invested. They're not starting from zero. If these savings were deposited in a savings account, then show them how their money grew over time. Let them study their passbooks or bank statements. That's really the concept of investments: letting your money grow over time. Here are some more tips on how to teach your kids about investments: 1. Explain to them that there are three things they can do with money: spend, let it stand in... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial fr... More About: Kids , Future , Investing , The Future , Easy
An Easy Way to Paying Down Your Credit Cards
2007-11-17 20:51:00 You may have heard it said that 90 percent of success in life is the result of just showing up. Although we don?t have statistics to support the idea, it?s probably fair to say that 90 percent of financial and investment success is just taking the time to pay attention. Stop for a moment or two in your daily routine and take time to really examine your finances. The current and future benefits can be enormous. Nowhere is this more true than when considering credit-card debt. According to Consumer Federation of America, the average credit-card debt for the U.S. households is $8,400. And each of an estimated 60 to 65 million households pays an average of $3,800 a year in interest and fees. It?s no wonder that Opinion Research Corporation reports that 55 percent of all households are ?very... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial fre... More About: Credit Cards , Credit , Cards , Easy , Easy Way
The Right Use of Money
More articles from this author:2007-11-12 20:43:00 Early in our tradition, Aristotle made the fundamental distinction between ?natural? and ?artificial? wealth. Natural wealth, in his view, includes consumable goods-food, clothing, housing, etc.- and the means of producing them. Money , in contrast, is artificial wealth. Its utility is merely instrumental- as a means of exchange and as a measure of value of real wealth. Our estimation of ?real? wages in terms of purchasing power is a present day application of this basic distinction. Aristotle also stressed the notion of limited material needs. The proper aim of economic activity, he said, is to attain enough real wealth to take care of the material needs of the family or state. Such needs are limited and can be fulfilled by a limited amount of wealth. The pursuit of wealth merely for the... This is a content summary only. Visit my blog at http://personal-finance-management.blogsp ot.com/ for full links, more interesting tools and helpful content! Goodluck on you way to financial fr... 1, 2, 3, 4 |
|
 |
|
 |
