“9 small money steps that pay off big” by cnn.com

“… list of small moves that yield big dividends:

1. Save a bit at a time

I get so frustrated when people tell me it’s unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance. I am not suggesting that you can snap your fingers and have everything taken care of.

What I’m telling you is to move toward your goals in steps. Rather than get lost in the big picture — “Eight months? Are you crazy, Suze? I can never do that!” — focus on what is within your power: the sums you can sock away every week or month to get closer to what you’re trying to achieve.

Put $50 a week into a bank savings account earning 2 percent interest, and in three years you will have saved more than $8,000….”

Click Here for the article.

“Learn To Invest In 10 Steps” by investopedia.com

Check out these basic steps @ http://www.investopedia.com/slide-show/learn-how-to-invest/get-your-finances-in-order.aspx

“5 Ways to Double Your Investment” by yahoo.com

“There’s something about the idea of doubling one’s money on an investment that intrigues most investors. It’s a badge of honor dragged out at cocktail parties, a promise made by over-zealous advisors, and a headline that frequents the cover of some of the most popular personal finance magazines. Where this fixation comes from is anyone’s guess. 
Perhaps it comes from deep in our investor psychology; that risk-taking part of us that loves the quick buck. Or maybe it’s simply the aesthetic side of us that prefers round numbers – saying your “up 97%” doesn’t quite roll off the tongue like “I doubled my money.” Whatever the source though, it is both a realistic goal that investors should always be moving towards, as well as something that can lure many people into impulsive investing mistakes. Knowing some of the most trusted avenues…”

Article @ http://finance.yahoo.com/retirement/article/107399/5-ways-to-double-your-investment.html;_ylt=AiixGk6WAxCkfHW_dekqS69O7sMF?mod=retire-planning

“5 Ways to Save Money Right Now” yahoo.com

We’re going through the worst financial crisis since the Depression, and no matter how quickly the federal government acts, chances are we’ll be feeling the pinch for a while. In the meantime, these ways to save money right now can help you feel more in control:

 

1. Take it to the bank
It’s true that banks aren’t the most popular American institution these days. But…” 

Article @ http://shine.yahoo.com/channel/life/5-ways-to-save-money-right-now-450201/;_ylt=AvKhLQ4vat1UFcIR0gzvqbaifqU5

“30 Free eBooks To Learn Everything You Want to Know About Personal Finance” mint.com

A list of helpful links on personal finance @

http://www.mint.com/blog/finance-core/30-free-ebooks-to-learn-everything-you-want-to-know-about-personal-finance/

Abstract:

“When you reach into a broad-ranging topic like personal finance, you find everyone and their cousin trying to reach across the Internet to give you advice. There’s so much information there that it can literally be overwhelming; there’s literally too much for the average person to sort through.

Luckily for you, at Mint we’re looking to quash that “intimidation” factor. There’s no reason that personal finance can’t be thoughtful, cohesive, and comprehensive, so we’ve probed through the web to find 30 free e-Books/booklets across the topics you’ll reference most.

We’ve sorted these e-Books into specific categories, along with …”

“All your money at a glance” by CNNMoney

” Four free Web sites give you an instant big picture on your saving, spending and retirement portfolio. But only one is the best.

You know you should be running the numbers on your finances regularly, but digging up the account passwords for half a dozen mutual …”

Article at:

http://money.cnn.com/galleries/2008/pf/0811/gallery.web_sites.moneymag/index.html

Debacle On Wall Street

As young professionals, we definitely have to be concerned about the economy.

Check out the news on what’s going on right now in the financial world (Please, click on the titles to read the articles) :

Worst Crisis Since \’30s, With No End Yet in Sight – Wall Street Journal.com

How We Got Here: It\’s Housing, Stupid – CnnMoney.com

Fed, central banks move to boost global confidence – Yahoo.com

Markets remain uneasy after central bank moves – Yahoo.com

How does the situation affect us?

AIG, Lehman, and Merrill Lynch: How do they affect you? – YoungMoney.com

Will AIG plan cost taxpayers money, or just sleep? – CnnMoney.com

What AIG\’s Troubles Mean for Your Insurance – CnnMoney.com

5 questions: Why AIG matters to you – CnnMoney.com

Financial Advisers Warn Against Knee-Jerk Reaction – CnnMoney.com

Money – Resources

The SEC (the U.S Securities and Exchange Commission) put together a “Beginners’ Guide to Investing”. You can check it out at: http://www.sec.gov/investor/pubs/begininvest.htm

“The 10 Commandments Of Investing”

Check the article, “The 10 Commendments Of Investing”, at http://www.investopedia.com/articles/basics/07/10commandments.asp?Page=1

On The Road To Financial Freedom! 1

Here is more information: “A step by step guide to gaining control of your financial life” at http://money.cnn.com/magazines/moneymag/money101/index.html

it is a really cool guide: easy to read and straightforward.

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