If you pay attention to what financial experts at http://money.cnn.com say over and over again, you’ll hear the same thing: compounding interest this, and compounding interest that. Compounding happens when your earnings from investments are reinvested, where they subsequently earn more interest, and so on. The thing about compounding that has to be remembered is, [...]
Dec 10 2008
After doing a lot of research on personal finances at sites like http://money.cnn.com, I’ve discovered I’m incredibly illiterate when it comes to managing personal finances. I suspected this, which is why I started doing the research in the first place. What I’ve also discovered is, small, simple steps you take to improve your financial [...]
| Posted by under Finance
Dec 01 2008
| Posted by under Finance
Nov 15 2008
If you want to improve your financial situation, you have to accept one very important fact – it’s going to take concentrated effort. Unless you win the lottery or inherit a fortune, you will not get rich overnight. If you read articles by financial experts at sites like http://money.cnn.com, you’ll notice they emphasize savings [...]
| Posted by under Finance
Nov 01 2008
If I could start over with my financial situation, one thing I would commit to is never buying anything that would cost me in interest. I would still have financed my education with student loans and purchased my home, but I never would have financed anything else – or refinanced my mortgage. After doing a [...]
| Posted by under Finance
Nov 01 2008
I’ve been doing a lot of online research on personal finances lately. I realized that what I’ve been doing has not been working, and I figured there has to be a better way. One thing I discovered in an article at http://money.cnn.com is, I haven’t had any clear-cut financial goals. If you don’t have [...]
| Posted by under Finance