Save And Invest!
It is never too early to think about saving and investing for retirement.
Check CNNMoney’s “Ultimate Guide to Retirement”: http://money.cnn.com/retirement/guide/
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Earn More!
When you have ‘never ending’ bills on one hand and a static paycheck on the other, it is difficult to make ends meet. Therefore, it will, definitely, not hurt to find ways to “increase our earning potential” without having to knock on dad or mom’s door.
Check out this slideshow (by boston.com): “How to increase your earning potential” at http://www.boston.com/jobs/galleries/earning_potential/
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
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“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
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Money: ‘Wisemen’ – Les Sages
One of the things successful people know for sure: you have to learn from others’ mistakes and successes. Our generation is lucky in the sense that, in many situations, we don’t have to reinvent the wheel.
Investopedia.com has very inspiring profiles of some of the world’s “Greatest Investors”. The list includes, among others, the world’s richest man Warren Buffet.
You can check it out at: http://www.investopedia.com/university/greatest/
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On The Road To Financial Freedom!
For most of us investing is scary and confusing: resources available are overwhelming and it is hard to know where to start. So, why take the time to research and study the topic? Well, I have to say that investing one’s money is the coolest thing ever! Imagine earning more money without working overtime or without having more than one job! Well, that’s what wise and good investments do for you. Moreover, every dollar, euro, cfa or yen that you save or invest brings you one step closer to financial freedom.
Here are lists of articles that can help you get started:
Learn about investments types and choose the right one for you:
Investing 101: Types Of Investments http://www.investopedia.com/university/beginner/beginner5.asp
Morningstar.com’s Investing Classroom: http://www.morningstar.com/cover/classroom.html
Investing Strategies and Styles By Douglas Gerlach http://www.youngmoney.com/investing/sharebuilder/research/031021_13
Investing 101 by Youngmoney.com at http://www.youngmoney.com/investing/investing_basics/060928
Start investing:
Where to Begin: Investing 101 – Put your money to work and get on the road to financial freedom By Joshua Kennon, About.com at http://beginnersinvest.about.com/cs/newinvestors/a/011201a.htm
Before You Open a Brokerage Account – Determining What’s Right for You By Joshua Kennon, About.com at http://beginnersinvest.about.com/od/choosingabroker/a/brokeraccount.htm
Online Investing Made Simple By Darin Shebesta http://www.youngmoney.com/investing/investing_basics/041207
How To Start Investing With Just $100 By Meredith Picray http://www.youngmoney.com/investing/investing_basics/020809_01
Caution!
Five Biggest Investor Mistakes By Joshua Bateman
http://www.youngmoney.com/investing/investing_basics/040305_01
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Save? Did You Say “Save”?
Saving money when we’re not making enough cash to cover our bills is a challenge. Between loans and monthly bills, our bank account might chronically be out of shape. However, if we are serious about starting to build something, there are a few things that we can do. For example, I find it very helpful to put a percentage of my paycheck in a saving account as soon as I get paid, and this is not negotiable! Forget about that Manolo blahnik shoe or that cool pair of sneaker. Also, there are a lot of our daily/monthly expenses that we don’t really need. Ask yourself these questions: “do I really use all those features that come with my super sophisticated smart phone? Do I really need hundreds and hundreds of TV channels?”
We all have different lives and money issues. The best thing to do is to take the time to set up a good budget and really stick to it.
Take a look at this great article from Kiplinger.com: Save Money on Practically Everything – http://www.kiplinger.com/features/archives/2008/02/savemoney.html
