PROCRASTINATION in paying bills leads to problems; poor credit, debt, and stress. Just like other unhealthy behaviors; eating junk food, lack of exercise, money procrastination can be turned around.
The Lazy Investor’s Guide to Asset Allocation “Don’t put all Your Eggs in one Basket.” Anonymous This adage is crucial to
“Say NO out of love, and yes out of weakness.” Suze Orman This means, NO to yourself for frivolous spending, NO to your kids. And NO to extravagances (you cannot afford) or wasteful spending. You will increase love of yourself and those around you when you practice the discipline to say NO.
“When the weather changes, nobody believes the laws of physics have changed. Similarly, I don’t believe that when the stock market goes into terrible gyrations its rules have changed.” Benoit Mandelbrot This brilliant mathematician speaks to the fact that the price of common stocks goes up and down. Plain and simple, that is where the risk comes from.
Get Off the Paycheck to Paycheck Treadmill “Have compassion for all beings, rich and poor alike; each has their suffering. Some suffer too much, others too little.” Buddha Wealth requires a commitment and responsibility to those with less. Offer your knowledge and expertise to those without. The Problem with Check Cashing Services I just returned from a quick trip to Wal Mart to pick up some groceries. It’s Friday afternoon and my check out lane was directly across from the “Money Center.” Th…
Complete these 10 money management tasks before beginning an investment program to gain financial confidence and control.
I’ve probably read several hundred investment books and I’m writing a personal finance book myself right now! Yet, this book is so thorough and concise, I am tempted to just post a link to it on my website and retire! Or at least, say nothing more about investing other than to read: THE ELEMENTS OF INVESTING, BY BURTON G. MALKIEL AND CHARLES D. ELLIS!
Categories: personal finance, money management, values, parents, saving “A penny saved is a penny earned.” Benjamin Franklin If you remember
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