Stafan Baudy @ Flickr
Personal finance is really about asking the right questions.
Should you buy and hold? Should you sell and walk away?
How much should you save?
How much should you spend?
What’s the best investment?
Unfortunately, I don’t have the answers to all those questions–but a lot of smart bloggers and columnists do. And I’ll let them do the talking in this week’s edition of Weekly Wisdom.
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Business Strategy, Internet, Investing, Money, Online Investing AI, Success
Investing, Links, Money, personal finance, questions, roundup, saving, wealth
I recently read Robert Kiyosaki’s latest book, Conspiracy of the Rich
. I highly recommend it to everyone because it explains so much of what is happening around us. It also helps us question so many of the things that we tended to just accept.
One of the things he points out is that the government is diluting our money through inflation. And I think it’s true. After doing some research, I discovered that the CPI is not only inaccurate, but is designed to understate inflation. The government pays money to people and other governments based on the CPI. It pays money to people through programs such as social security. It pays other governments to repay the money that it has borrowed.
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Great Books, Investing, Money, US Economy
books, conspiracy of the rich, dollar, kiyosaki, Money, saving, stock market, Success, wealth
They say money can’t buy you happiness; but it can put a nice down payment on it.
If there’s one thing I’ve learned this week, it’s that trying to seek true happiness and fulfillment without financial freedom is nearly impossible and is more likely a result of chance, rather than strategy.
Spending and saving, investing, and mental attitude are integral to financial freedom. Fortunately, we live in times where that information is free, readily accessed, and is almost continually updated and debated.
In this edition of Weekly Wisdom, we’ll pass on links that will help you on your way to financial freedom.
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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Internet, Investing, Money, Online Investing AI, Success, US Economy
blogs, financial freedom, fiscal, independence, Links, Money, roundup, saving, spending, wealth
alamosbasement@Flickr
Frugality is in.
Excess is out.
Little cars rock.
Big cars don’t rule.
Live in a cabin, not a McMansion.
With hundreds of books, blogs, web sites, and gurus praising the new frugality, it may be a time to step back and wonder, “can there be too much of too little?”
The answer is yes. The reason is rooted in the human reaction to swing between extremes, instead of focusing on balance, the middle path. If you’ve been experimenting with the frugal lifestyle, here are some ways you can tell if you’re too frugal, so you can start being balanced.
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Investing, Money, Online Investing AI, US Economy
balance, frugal, frugality, life balance, Money, saving, spending
At a recent holiday party I was re-introduced to a former co-worker.
When I asked what she was up to, she said she was a “life coach.” I hope my shock didn’t show, but I was kind of blown away.
Sure, she was modestly successful in her career. (Although, her main teachable skill was a shameless ability to kiss up.) But her life was… how do I put this politely… a bit of a disaster. Bad relationships. Addictions. Poor personal financial planning. Some anger issues thrown in to boot.
My whole respect in life coaches dropped about as far down as my jaw when she announced her new job. Later, after I had time to dwell on it, I think that life coaches are a waste of money.
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Dreams Come True, Money, Online Investing AI, Success
career, coaches, life coach, Money, saving, spending
Amazing photo by Zara @ Flickr
Despite the prodding of Tim Ferriss and Jonathan Fields, some folks don’t feel comfortable about quitting their day jobs, starting their own businesses, and traveling to Thailand to learn Thai stick fighting techniques.
We even talk about escaping the cubicle life.
That’s cool.
But the one thing that is true in the Wealth Singularity and the thing that drives us to create advanced Automated Trading technology is that lifestyle design is lifestyle design. You don’t have to shed your job. You don’t have to travel to exotic locales. You don’t have to become an Internet marketer.
You approach life on your terms and no one else’s.
If you’re ready to move toward lifestyle design, but aren’t prepared to dive in head-first, here’s a way to test your lifestyle design skills without a lot of risk.
I call it the 10 percent self-employment solution. Here’s how it works:
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Accelerating Technology, Online Investing AI
employment, financial, Investing, job, jobless, Money, personal freedom, saving, unemployment, wealth singularity
It’s a new world.
Trust in financial companies… down.
Interest in saving money and frugal living… up.
Desire to break free of the shackles and chains of indebtedness? That’s at an all time high!
When it comes to personal finance, brothers and sisters are doing it for themselves. Here are some posts and articles that will help you do it for yourself.
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Accelerating Technology, Business Strategy, Internet, Investing, Money, Online Investing AI, US Economy
diy, do it yourself, invest, Money, saving, spending, wealth, weekly wisdom, wrapup
debaird@Flickr
There’s good news and bad news to report on the financial status of the Millennial Generation. The Millennials is the 80 million-person-strong generation born between 1980 and 2001.
Since they’re demographically as big as the Baby Boomers, their impact on the country’s economic picture is indisputable. The Boomers brought in a surge of spending and investing that buoyed the global economy.
Experts in demographics are hoping that Millennials will have the same prosperous effect. That, though, doesn’t look promising.
First the bad news…
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Automated Trading, Investing, Money, Online Investing AI, US Economy
demographics, generation y, millennial, saving
iowa_spirit_walker@Flickr
If there isn’t resistance, you’ll never get stronger. Or faster. Or smarter.
Challenges can be frustrating, but if you approach them with the right attitude, they can inspire you.
Financial challenges are no different. Big debt, bad jobs, little income, declining economic conditions, and all the other fiscal hurdles can make you stronger. This week, we’d like to pass on posts and articles that will help you meet the financial challenges.
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Accelerating Technology, Automated Trading, Business Strategy, Dreams Come True, Internet, Investing, Money, Online Investing AI, Success, US Economy
financial challenges, fiscal, Investing, list, Money, roundup, saving, spending, summary, wealth, weekly wisdom, wrap-up
Y @ Flickr
In order to free yourself from the domination of arbitrary standards and discover the true standards by which you should behave, you need to find the courage to do what you must without regard to what others may think.
–Chin-Ning Chu
Can you imagine an animal gets caught in a trap, frees itself, and then steps right back in the trap again?
It happens every morning.
People are hypnotized to believe that holding a job means they are secure and that this job is source of wealth and freedom.
Sadly, as many people are finding out, it is neither.
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Automated Trading, Business Strategy, Investing, Online Investing AI
employment, financial, Investing, job, jobless, Money, personal freedom, saving, unemployment
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
