Personal Finance Buzz

Wouldn’t it be great if we could prevent the myriad of life disasters that seem to crop up every now and then? Though it’s impossible to prevent every rough circumstance we may find ourselves in, there is much wisdom in seeking to prevent what we can.

In the same way that you normally don’t just get sick overnight, you also don’t wind up in excessive amounts of credit card debt overnight. In the sick scenario, you make daily decisions that affect your overall health. And, the same is true with finances – each money decision affects the overall health of your finances.

Read more @ http://blog.superiordebtrelief.com/2011/04/financial-health-prevention-l...

If you asked some of our older parents if they ever did freelance work on the side, many of them would tell you that it wasn’t even a thought in their mind. Next, ask them if they ever worked as an independent contractor for a company.

It can be difficult to continue to pay insurance premiums when you don’t actually end up using insurance. However, the point of insurance is to help protect you in the event of an expensive financial catastrophe.

Tips to prevent running out of money in retirement by watching your withdrawal rate and lump sum withdrawals, keeping the right level of risk and using your home.

Back in college I interviewed a man in New York City who worked for a small company that promoted get-rich-quick schemes. Now—this is important—in his line or work, they don’t refer to their “products” as get-rich-quick schemes, but by some other more socially acceptable handle that escapes me at the moment. No matter, he gave me a wealth of information and insight into the world of get-rich-quick.

This article is targeted to the many people who have financial advisors and would like to work better with their advisors.

I promise you, that if you worked this hard at anything your life would be different! Mrs. YFS and I were at our local IHOP to take advantage of some of their seasonal pancakes and stumbled upon this very ambitious and dedicated employee.

Congratulations Class of 2010! You’ve worked your butt off for over 15 years and now it’s time to put your skills to work and help out planet Earth. But one hiccup that prevents new grads from truly chasing their dreams is being behind on a bad money situation.