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Entries from March 2008

Exercise Free At Home And Ditch The Gym Membership

March 13th, 2008 · No Comments

Getting and staying in shape is one of the best moves you can make, both physically and financially.  Not only will you feel better and live longer, but you’ll also save a bundle on future healthcare costs.  Over your lifetime, the price of not being in shape can be literally tens of thousands if not [...]

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Tags: Frugality

US Millionaire Growth Slows

March 12th, 2008 · No Comments

According to CNNMoney,
“The number of American households worth $1 million or more - not including the house itself - grew at the lowest rate in five years, according to a report released Wednesday.”
The report said the number of U.S. millionaires grew by just 2% in 2007, which is the lowest rate since 2003, when growth [...]

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Tags: News

10 Cars That Lose Value The Quickest

March 12th, 2008 · No Comments

Along the lines of the 11 Worst Cars To Own, here are the 10 Cars That Lose Value The Quickest according to Forbes.  Surprisingly enough, the two lists don’t seem to intersect all that much with the exception of the Suzuki Forenza and Mercury Grand Marquis.  While I am not a fan of buying new [...]

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Tags: News

Teaching Financial Literacy In Elementary School

March 11th, 2008 · 2 Comments

According to a recent article on Yahoo Finance, an experimental elementary school on the south side of Chicago named Ariel Community Academy has a unique focus on teaching financial literacy.  The concept is simple.  Each first grade class is bequethed a $20,000 portfolio managed by the experts at Ariel until the students reach the 6th grade.  Along [...]

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Tags: General · News

Today’s Carnival - 3.10.08

March 10th, 2008 · 1 Comment

My post How To Use Variable Annuities The Right Way is appearing in today’s Carnival Of Personal Finance #143 over at Quest For Four Pillars.  This is honestly one of the best Carnivals I’ve seen with many great posts.  A few of my favorites:

Libel and Slander Insurance for Bloggers by Funny About Money
Should We Ask For More [...]

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Tags: General

How To Earn $10,000 Per Hour

March 10th, 2008 · No Comments

Steve Pavlina wrote an article several years ago entitled How to Earn $10,000 in One Hour about being on the look-out for opportunities that pay large dividends in the long run. As an example, Steve relates how he got the idea of implementing Chikita eMiniMalls (a way to sell products online for a commission for [...]

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Tags: Personal finance

Get Rich In Three Easy Steps

March 9th, 2008 · 2 Comments

Despite what you hear in the media about the widening income gap and shrinking middle class, getting rich in America is easier than it’s ever been.  In decades past, the stock market was really only available to the rich or well-connected.  Buying and selling stocks was expensive, research was scarce, and mutual funds were expensive [...]

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Tags: Personal finance

5 Most Interesting Personal Finance Posts Of The Week - 3.7.08

March 7th, 2008 · 1 Comment

In no particular order:
How To: Become a Billionaire by Llama Money
Sweet! I only have to save $308, 700 per month to become a billionaire by age 60. This should be easy for me since I’m really a highly-paid NBA star who just blogs on the side for fun. Also, Llama Money is the best name [...]

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Tags: Personal finance

Boost Your Earning Potential By Learning Spanish

March 7th, 2008 · No Comments

The old joke is sadly true.
What do you call somebody who speaks two languages?  Bilingual.
What do you call somebody who speaks three languages?  Trilingual.
What do you call somebody who only speaks one language?  American.
This is unfortunate on many levels.  For starters, speaking a foreign language can open your mind to a world you never knew [...]

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Tags: Personal finance

SEC Slaps Peter Lynch On The Wrist

March 6th, 2008 · No Comments

According to Fortune,
“Lynch “obtained numerous free tickets to concerts, theater and sporting events paid for by outside brokers through his requests to two traders on Fidelity’s equity trading desk,” the SEC alleges. “
and
“‘The broker selection process on Fidelity’s equity trading desk was compromised when gifts and lavish entertainment swayed the flow of brokerage business,’ the [...]

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Tags: News