Personal Money Management 101 Blog

A lot of people lose a lot of money by repeating a few basic mistakes. We’ve tried to identify the main culprits here. By recognizing those you make, you can begin to avoid them.

1 Financial Ignorance

It seems almost fashionable for some to plead ignorance over finances with the result that we either make the wrong choices or abdicate responsibility to some kind of adviser who may or may not act in (or even fully understand) your best interests. You don’t have to be Warren Buffett, but acquaintance with the basics is within most people’s grasp. Spend a few hours with a book such as Personal Finance For Dummies by Eric Tyson. Read the rest of this entry »

by Larry Goins

I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while you are here. Think about it. I want to challenge you to start setting some goals, but remember if a goal is not in writing, it is simply a conversation. It must be in writing and it must have a deadline. Here are a few guidelines for setting goals. Oh, by the way… you need a will also.

Read How to Set and Achieve Your Goals in Real Estate in full

About The Author
Larry H. Goins is not only licensed as a mortgage lender and mortgage broker in North Carolina and South Carolina, he is also licensed in both North Carolina and South Carolina as a Real Estate Broker and General Contractor. He is a member of the North Carolina Association of Mortgage Professionals and a member of the National Association of Mortgage Professionals. Larry has been investing in Real Estate for over 20 years.

by Steve Selengut

The good news about the Internet is the information we can get our cursors on instantly; the bad news is the information we can get our heads around instantly, but without any way of gauging accuracy, relevance, or completeness. This is particularly evident in the financial-investment-retirement world, where thousands of websites tell us how to do things and why, and why things work the way they do and how. Few gurus explain why and how certain concepts and plans of action just may not work the way they are supposed to.

Read Why 401(k) Retirement Plans Really Don’t Work in full

Steve Selengut http://www.sancoservices.com | http://www.kiawahgolfinvestmentseminars.com/
Professional Portfolio Management since 1979. Author of: “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read”, and “A Millionaire’s Secret Investment Strategy”