The most solid route to wealth is by acquiring financial knowledge. Everything that you can learn about money aids in your quest for financial independence. The following books are recommended reading on your path: The McGraw-Hill 36-Hour Course in Accounting by Robert L. Dixon and Harold E. Arnett Own Your Own Corporation by Garrett Sutton [...]
All the Loan Information You Need in One Place
A lot of people jump into loans without much thought on the actual consequences of having a loan. The payments, the interest, the actual cost to you… The list goes on. You need to know the ins and outs of loans. I was recently contacted to write a little review about the loan site, Credit Loan. [...]
Teach Your Kids About Money
CNN features a terrific article on teaching your kids the value of a dollar and a whole lot more. They remind us that children learn about money by watching us every day. Be sure to take this opportunity to model the right lessons for your child’s financial future. Here’s a quick summary: 1. Don’t say [...]
Price-to-Earnings Ratio
The price-to-earnings ratio, or P/E, is determined by dividing the closing price by the most recently available earnings per share (EPS), based upon primary EPS for the past four quarters. The P/E ratio is one of the most commonly used measures to analyze the price of a stock. It cannot be used alone to make [...]
What Is Gross National Product?
Choosing a Financial Planner
If you are in the market for a financial planner, here are ten questions that you may want to ask your candidates before you choose an advisor. How many years have you been in business? Can you describe your typical clients? What is your ratio of support staff to professional staff? What is your reputation [...]
Buy A Hybrid
Maybe yesterday’s ideas to save on gas consumption got you thinking about buying a hybrid vehicle. If so, experts say this is the ideal time to test drive a hybrid if you are in the market. Not only have prices dropped as supply begins to exceed demand, valuable federal tax incentives to purchase that exist [...]
Save Gas Money
Wayne Gerdes may just be the most fuel-efficient driver in the world; we can all learn something from his diligence. Through a thoughtful combination of coasting and accelerating with very little braking, Gerdes gets 59 miles per gallon driving a non-hybrid Honda Accord and over 100 miles per gallon driving a Toyota Prius on average. [...]
Make Your Refund Count
Tax Mistakes To Avoid
The IRS audited 1.3 million taxpayers in 2006, an increase greater than 5 percent more than the previous year. With Bush’s new budget, more audits may be on the way. Watch that the new tax rules don’t trip you up this season. Avoid these mistakes that are likely to trigger an IRS audit this year. [...]
