Posts tagged as:

Savings

Post image for Labor Day is more than a Holiday

Labor Day is the first Monday in September and an American holiday! It is supposed to be a national tribute to the contributions and achievements of American workers made to this country. It was established abut one hundred twenty years ago. It usually signaled the end of summer and children return to school. The last weekend to get away or relax before school starts. What does Labor Day mean to you? Read More…

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Post image for Car Free in Los Angeles

Yes, I will be car free in Los Angeles in three years. Why am I writing about it now? I am taking the first step to be car free in Los Angeles. I will retire in the next three years and have no need for two cars. Los Angeles is a very much a car town. Los Angeles used to have one of the best public transit systems in the country, but that was nearly one hundred years ago!  Read More…

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Post image for Summer Vacation Is Over!

Summer is vacation time for families! Most of the world goes on holiday in August every year. Students travel during the summer because they are off from school. For the last fourteen (14) years, I travel overseas during the summer. When students return to school, their teachers usually use vacation experiences as a subject for a composition or discussion. Did you take a summer vacation? Read More…

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Post image for Start Thinking Outside the Box!

Thinking outside the box is one of those metaphors that really need explanation. Thinking outside the box means to think differently, unconventionally or a new perspective. Some business consultants challenged their clients to solve a “nine dots” puzzle which required a creative solution. Often we are caught up with rules or conventions to solve problems versus thinking creatively.  Read More…

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Post image for The Odds Are Against You!

The odds are against you to be successful. 78% of NFL players end up broke! How many people can even say they were a professional athlete? The odds are against you to make it to that level. The odds are against you to be an Olympic athlete too. The median United States household income is $46,326. Half of the families are living on incomes less and the other half exceeds this amount.  Read More…

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Post image for Are You Sabotaging Yourself?

Are you sabotaging yourself? It may be your friends, colleagues or family, someone is sabotaging your plans. It may be you! You have goals or list of things you need to do, but somehow something or someone stops you from achieving them. You tend to blame others for your failure, but it starts with you. We all make mistakes unless it is a habit! Do you sabotage your efforts or allow others to do so? Read More…

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Post image for Personal Finance Education Is the Key to Happiness

Learning about personal finance is the basis for success! If you are looking for a class at your local high school or community college, you will probably be disappointed. Online classes are somewhat limited although there are many books written about the subject. You can find such diverse subjects online as accounting, corporate finance or other college business classes. Does it mean that there is no demand for it?  Read More…

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Post image for Cash is not an investment

If you have an expectation of growth in your investment, forget cash! I am referring to cash investments such as money market accounts, interest bearing checking accounts, savings and certificates of deposits. It is merely a parking space for short term savings! Investing is expending money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property or by using it to develop a commercial venture. Where is your cash? Read More…

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Post image for The Best Financial Adviser is You

Do you really need a financial adviser? What do you expect a financial adviser to do for you anyway? You can get a fee only adviser to prepare a financial plan and still fail! A financial plan is just a set of financial goals based on your information! It is just a matter of setting goals and monitoring your progress. Some may call it child’s play.  How is it working for you? Read More…

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Post image for Don’t Envy the Rich!

The rich are different from you and me. (F. Scott Fitzgerald) Yes, they have more money. (Ernest Hemingway)  “They possess and enjoy early, and it does something to them, it makes them soft where we are hard and cynical where we are trustful in a way that unless you were born rich, it is very difficult to understand.” (F. Scott Fitzgerald) Yes, the rich are different from you and me, they have more problems! Read More…

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