6 personal finance lessons we wish were taught in school
One important lesson: Compound interest could be your best friend or worst enemy. (Photo: Getty Images/iStockphoto) Financial literacy is a big problem in the United States. In a recent study, only 9.4% of American students performed at the top level in a … Continue reading at www.usatoday.com
Eight personal finance classics every saver must read
A surprising 21% of Americans think that winning the lottery is the most practical way to accumulate several hundred thousands of dollars. The problem with this financial plan is that the odds are against you. You’re more likely to be killed by a shark … Continue reading at www.csmonitor.com
6 Personal Finance Lessons We Wish They Taught In School
Financial literacy is a big problem in the United States. In a recent study, only 9.4% of American students performed at the top level in a financial literacy test that included such tasks as calculating the balance on a bank statement and interpreting … Continue reading at www.fool.com
Personal Finance: IRS announces new retirement savings limits
Each year, the Internal Revenue Service determines the maximum contribution allowed for 401(k) retirement plans based upon changes in the price level. Last week, IRS announced the new limits for 2016, and the answer is drum roll no change. That’s because … Continue reading at www.timesfreepress.com
International Personal Finance Plc Given Buy Rating at Shore Capital (IPF)
Shore Capital restated their buy rating on shares of International Personal Finance Plc (LON:IPF) in a research note issued to investors on Tuesday, Analyst Ratings Net reports. They currently have a GBX 480 ($ 7.35) price objective on the stock … Continue reading at sleekmoney.com
Do you want to be educated on preparing a budget to save money and actually making it work for you, but you don’t want to read thr…
Devin Thorpe has collected over 150 essays on personal and family finance to help you learn how to be happier with your money, to …
The 21-Day Budgeting Challenge, the fourth book in the 21-Day Challenge series!
Are you tired of having your money seemingly …
Singletary: Personal finance classwork should be engaging -- and free from bias
For many people, personal finance can be pretty boring. I've even had folks planning to attend a financial class tell me they anticipated taking a nap. Folks like having money. They just don't like the chore of learning the concepts it takes to manage … Continue reading at www.dallasnews.com
5 Ways to Splurge on a Budget
that could lead to a big budget blowout later. Even personal finance guru Dave Ramsey agreed. "When buying stuff that you really need, it's okay to spend a little extra to avoid financial, or even physical, pain in the long run," Ramsey wrote on his … Continue reading at www.gobankingrates.com
Alabama gets ‘A’ for teaching personal finance
MONTGOMERY -- Alabama has earned an A in teaching personal finance. The TimesDaily in Florence reports according to the 2015 Report Card on State Efforts to Improve Financial Literacy in High Schools, the state is one of five to receive the grade of A … Continue reading at www.montgomeryadvertiser.com
Ally Bank Named Best Online Bank by Kiplinger’s Personal Finance Magazine for the Second Consecutive Year
MIDVALE, Utah, Oct. 27, 2015 /PRNewswire/ — For the second consecutive year, Ally Bank, the direct banking subsidiary of Ally Financial Inc. ALLY, -0.74% is featured as the “best” online bank by Kiplinger’s Personal Finance magazine in its “The Best List … Continue reading at www.marketwatch.com
6 timeless money lessons from a nearly 20-year-old personal finance classic
Robert Kiyosaki grew up with two father figures: “poor dad” – his real father who died with bills to pay – and “rich dad,” who started with little before becoming one of the richest men in Hawaii. Both fathers were successful in their careers, worked hard … Continue reading at www.businessinsider.in
* The Richest Man in Babylon is a book by George Samuel Clason which dispenses financial advice through a collection of parables set in ancient Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom. Originally a series of separate informational pamphlets distributed by banks and insurance companies, the pamphlets were bound together and published in book form in 1926.
FINANCIAL WISDOM Chapter 06 – The Gold Lender of Babylon
In Third Person, this story tells of Rodan, a spearmaker, who received fifty pieces of gold from the king as a gift for making such excellent spears. Rodan seeks out Mathon, a money lender, to ask for monetary advice--what he should do with the money. Rodan relates that his sister wishes Rodan to give the gold to her husband, Araman, so that Araman might become a merchant.
If you desire to help thy friend, do so in a way that will not bring thy friend’s burdens upon thyself.
Better a little caution than a great regret