Archive for September, 2007

Do Well, Do Good

Friday, September 28th, 2007

With money you can give gifts to charities, build shelters for animals, send food to the starving, erect dwellings for the homeless, and give money to your relatives.  In other words, with money … you can not only do well, but do good.
— Ben Stein, How to Ruin Your Financial Life



Save or Pay Debt?

Monday, September 24th, 2007

A lot of people get confused about what to do first when it comes to saving money: pay off debt, save for their retirement, or just put money away for an emergency fund. Listen, if you are paying 18 percent interest on your credit card debt, it makes absolutely no sense to start a savings […]



Self Esteem

Thursday, September 20th, 2007

I know you think you’ll feel better if you buy a new shirt, buy a new blouse or go get your hair done because you’re feeling down a bit; life’s gotten to you.  But, the truth is, if you have $500 in your savings account, then you’ve got self-esteem, because that’s the one thing you […]



Start Moving Forward

Tuesday, September 18th, 2007

I know this subject [money] is serious stuff. Your future is riding on it. But taking control of your financial life doesn’t need to be a solitary and scary process. Fear comes from not knowing what to do or how to do it. And when we are fearful, we do nothing. …You really do have what […]



Rich

Friday, September 14th, 2007

I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes.
— Edward Gibbon



Floodgates

Wednesday, September 12th, 2007

You must know that in any moment a decision you make can change the course of your life forever: the very next person you stand behind in line or sit next to on an airplane, the very next phone call you make or receive, the very next movie you see or book you read or […]



Spending Time in Advance

Monday, September 10th, 2007

But consider people who are deeply in debt — bad debt.  They essentially have spent their time in advance, for they are obligated to be at their jobs to repay their debts.  They have spent their time in advance of it arriving.  This is what I mean by the term mortgaging your life.
— Jon Hanson, […]



Cash Flow

Thursday, September 6th, 2007

The key to cash flow is to make sure you have cash left over at the end of the month after you’ve paid all your bills — this is known as “positive” cash flow.  The only entity that can legally operate with a “negative” cash flow month in and month out for years on end […]



Money Runs Their Lives

Tuesday, September 4th, 2007

Remember what I said before: A job is only a short-term solution to a long-term problem.  Most people have only one problem in mind, and it’s short-term.  It’s the bills at the end of the month.  Money now runs their lives.
— Robert Kiyosaki, Rich Dad, Poor Dad



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