While we are all so focused on the outcome of the $700 billion bailout and whether there were will more banks that fail, it’s easy to loose sight of the time we should put into educating ourselves in personal finance.
It’s important to remember that although the US economy is in serious trouble, those of us who are financially stable have nothing to worry about. It’s great to know what the general economy is doing but it’s more important to know how we are doing. Therefore, remember to keep reading artcles like the ones below to make sure you keep improve your personal finance IQ.
- My Two Dollar helps his reader with whether she should pay off her car or put more money down on a house. I agree with David’s response. Do you?
- Clever Dude tells us that appreciating what we have is hard but also offers a few ways to do so. It’s so true that many of us live in a world that we don’t even understand what poverty can actually be like.
- In the state that the stock market is in, there sure aren’t many mutual funds that are working but Canadian Capitalist gives us 7 traits that a solid mutual fund should have.
- Why anyone thinks otherwise is beyond me but Blunt Money explains why credit cards are not for emergency use! Click the link for some true life stories and lessons.
- Squawkfox had a knee surgery and came back noticing all her tomatoes have turned bad! Oh no!
- If you have more than $100,000 in a savings account anywhere, then take Jim’s advice and open another account to spread out your wealth. As his article’s title suggests, there is no reason to be above FDIC insurance limits.
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{ 3 comments… read them below or add one }
This recession isnt something that the US alone is worrying about. A lot of companies even here in the Philippines are worried too especially with your BPO centers. hope all goes well for the greater good at least
Most people do not realize that when the US sneezes, the world catches a cold. We are the engine that makes world markets run. Don’t be folled by this global economy stuff. It all starts here in the US.
Hi,
It’s nice to here about Canadian Capitalist. It’s amazing and surprising that they possess qualities of a good mutual fund in the time of sharp share market fall.
Nice piece of information.