Going Green to Keep More Green in Your Pocket
With much of the focus on going green today, the average family can do much to help the environment. Not only will you be doing your part for global warming and climate change, you will be doing your wallet a big favor as well.
Investing for the Future
The winds of change are definitely blowing in the direction of green business practices and sustainability. Instead of investing with the old tried and true methods, research the options for investing in companies Continue article...
Educating Young Children about Money
My mother-in-law is very generous when it comes to giving my children money. It usually comes in the form of $5 or $10 bills inserted into holiday cards or in person during the twice-a-year visits, at which time she chooses to hand them money in a covert way; a sheepish attempt to hide the fact that she’s spoiling them.
During a recent visit to the local grocery store, my 5-year-old, carrying one of these $5 bills, passed in front of this Continue article...
From the Archives: John D. Rockefeller, The Dow Theory, and Tulip Mania
Profiles in Personal Finance: John D. Rockefeller -John Davison Rockefeller, Sr. was an American industrialist and philanthropist. Rockefeller believed since he was a child that his purpose in life was to make as much money as possible, and then use it wisely to improve the lot of mankind.
The Dow Theory – The Dow theory has been around for almost 100 Continue article...
Do you make bad financial decisions? Blame evolution.
According to this article in the Los Angeles Times, evolution accounts for a lot of our strange ideas about finances. Most people would rather earn $50,000 a year while people around them made $25,000, than earn $100,000 a year while people around them earned $250,000. Irrational, but in this case, relative social ranking trumps absolute financial status.
Thousands of experiments in behavioral economics, neuroeconomics and evolutionary economics conclusively demonstrate that we are every bit as Continue article...
Secrets That Helped The Rich Get Rich
Reader’s Digest recently posted a article titled Secrets of Self-Made Millionaires. While I don’t think there are any “secrets” to becoming a millionaire, it’s good to be reminded of what is important, especially by those who have already made it. I really liked the following quote:
“For the rich, it’s not about getting more stuff. It’s about having the freedom to make almost any decision you want,” says T. Harv Eker, author of Secrets of the Millionaire Mind. Continue article...
The 5 Blogs That Sent The Most Traffic My Way In 2007
As I did last year, I like to look back and thank the sites that have referred my blog in one way or another and sent the most traffic my way in 2007. I can sincerely recommend each one of these blogs. Each one contains great content, and if you find anything of worth on AccumualtingMoney.com, then you’ll love these sites:
1. Bank Deals – Best Rates and Deals
2. FreeMoneyFinance – Grow Your Net Worth
Most Read Posts of 2007
How often a post is read, doesn’t always reflect quality. Often it is just an indicator of how it ranks in Google or where it’s linked from. Some of these posts were whipped up in a couple of minutes, others took more time and research. But, for what it’s worth these are my 1o most read posts of 2007:
Fundamental Indexing vs. Traditional Indexing
Financial Goals for 2008
Net Worth: $105,000 We put a fair amount of thought into our net worth goal for 2008. $105,000 represents a significant challenge, but one we think we can reach. We will have to average a gain of about $600/month more than we did in 2007. There are a few reasons we think this will be possible: One, near the end of 2007 I got a new job which came with a healthy raise; Two, we Continue article...
From the Archives: IPO’s, FHA Loans, and My Credit Score
Can I get in on an IPO? – IPO is an acronym for Initial Public Offering. Getting a piece of a hot IPO is very difficult, if not impossible. To understand why, it helps to know how an IPO is done.
FHA Loans – An FHA loan is a mortgage loan in the United States insured by the Federal Housing Continue article...
Verizon Employees Still Don’t Understand Math
Wow. Nearly a year ago, I posted about an incident where a Verizon customer had been misquoted the overage charge for his data plan. The Verizon employees thought that “.002 dollars” was the same amount as “.002 cents”. He was quoted “.002 cents” when the actual price was “.002 dollars”. That’s one hundred times more expensive.
What I’m sure it came down to, was the employees were seeing this: “$.002″ and saying Continue article...
