What is "green spending'? Are you able to go green and save money at the same time?
A lot has been written about the dismal circumstances of many American baby boomers who are not financially prepared for retirement. If you are just an average person and earning an average salary, how do you prepare for a comfortable retirement?
We have all worried about money at certain points in our life. For a lot of people, it is a constant worry that plagues them daily. Due to worrying too much, these people become paralyze with fear, their judgments clouded as their minds cannot see beyond their worries.
A new TV show called “Extreme Cheapskates” debuted recently on the TLC channel. It features people who go to extreme measures in order to save money. These people bring the meaning of frugal to a new height. Most of the practices shown are not what I would be willing to do in my own life.
Imagine a book on the subject of investing written by a 13 year old boy. The book is real and the title is “The Teenage Investor, How to start early, invest often, and build wealth.” His book delves into important areas of investing such as investing in stocks, bonds, mutual funds, index funds and also how to develop wealth plans.
There are too many interesting facts about money and some can be weird. The facts I found are many and varied and some you may have even heard or read before.
To rent or not to rent? The answers can be quite straightforward in certain cases but uncertain in others. If you are thinking of staying in one place but not planning on settling down in that place for the long term, renting is a clear choice.
This is the second article on financial self-testing to gauge your general knowledge on personal financial management. Learn a bit about planning for your retirement, finding your net worth and creating a Daily Spending Diary.