0 Spend

I am not as informed as I would like to be on the subject of personal finance. As I begin my career and wish to buy a house in the next 2-3 years, I think it would be beneficial to educate myself on personal finance.

Are there any good books out there that explain the basics of personal finance in a "simple" way?

1. The Total Money Makeover by Dave Ramsey
2. The Automatic Millionaire by David Bach
3. The Intelligent Investor by Benjamin Graham
4. The Millionaire Next Door by Thomas Stanley and William Danko
5. The Other 8 Hours by Robert Pagliarini

I am actually looking for personal finance advice, tips etc., Something like saving avenues, tax saving zones, fund selections, stock selections something comprehensive for the common man.
Could anyone recommend any good magazines ?
I asked for a magazine because it keeps giving continuous inputs, unlike searching on the internet !!

Personal Finance is the name of a good one. Motley Fool is another. i like Smart Money

Can anyone suggest a good book on personal finance? I have looked through the half.com $1 selections and the library, but it seems many of the books on this topic are filled with 100’s of pages of common sense (i.e. give up your latte’s, put 10% of earnings in a high yeild savings). I would like something that covers the basics for retirement planning, and personal investment, etc. Any suggestions?

I think it depends on where you are in your knowledge about personal finance.
For instance, if you already know to stash all possible cash in first, savings, 2d 401k, 3d Roth, 4th Other–then when you have a considerable stash– you are ready for the next step– which for me was a broker where I stuck #1, #3 and #4– and after retirement, also #2. The total provided considerable leverage in my account which drove down my per trade cost.
I learned from finance magazines ( if you itemize they CAN be a deduction) which will repeat basic information about the third year around.
I bought US Savings Bonds thru work– as my emergency $.
Any increases in pay went directly to one of the savings.
My power company allowed me to pay extra over my electric bill which then went into a stock account.
I bought a investment dictionary at a garage sale.
I bought a Investment for Dummies at a garage sale.
I lived UNDER my income.
I used my broker’s online site to research what I didn’t understand until I thought I did understand.
I invested and learned the hard way, but gained enough that I kept at it. When I retired I paid cash for my house and my car from what I’d put away in "other".

I truly understand your question. The answer as I see it is:
Save money and stash it in as many ways as possible– max out your 401k with matching as much as possible. If there is a difference in what you CAN put in an IRA and what you have put in the 401k– open a ROTH and do it. Don’t forget that emergency cash fund– figure your worst scenerio and put it where you can get to it in 15 days or so.
That’s the best I can do for you. It worked for me.
Good luck and constant saving!
I don’t know this Dave Ramsey but see him mentioned frequently.

Natalie’s Three-Ingredient Investment Recipe for Cooking Up Profits

1. Start with what you know and love.

2. Pick the leader in the sector (in real estate, it’s location, location, location).

3. Buy low; sell high (easy to say; hard to do).

Any time a potential investment seems too complicated and twists your mind into endless debates, go back to the simplicity of this formula. If it doesn’t pass this test, just say, “Not now.” You still need more information before you can make a well-informed decision.

Be disciplined about following the recipe. You need all of the ingredients, and if you take the steps out of order, you could end up with a brick that sinks your profits rather than a cake that rises light and fluffy to Cloud 9. Since we all want to vacation on Cloud 9 before we’re ninety, let’s sharpen your skills and start cooking.

Step One: Start With What You Know and Love

The first ingredient is easy enough. If you want to invest in infrastructure in India, and you’ve never been there, you have to commit to visiting India and doing a lot of research or be disciplined enough to just say no to the investment.

Warren Buffett, one of the most successful investors of all time, is notorious for not investing in NASDAQ. He didn’t understand or care about technology enough to compete with his buddy Bill Gates (and conversely, Bill Gates is heavy in technology and lighter in insurance — one of Buffett’s fields of expertise). In the latter part of the 1990s, Warren was ridiculed for missing out on the rocket ship gains that the NASDAQ enjoyed. He missed the high and he missed the crash landing, and meanwhile, his returns chugged along for steady, reliable, strong gains.

What few people realize is that trading individual stocks is a tennis match. One person wins (buys low; sells high) and the other loses (buys high; sells low). A novice is a sitting pigeon for the master. Imagine stepping out on the tennis court with Roger Federer (who by the fall of 2008 had already won thirteen Grand Slam tennis titles) and expect to even see a ball coming at you. Very unlikely.

If you don’t know the first thing about a company or its product and you’re not excited enough to get savvy, why step on the court and humiliate yourself with a devastating loss to the pros? Instead, focus on long-term results and proper nest-egg diversification strategies, find the perfect broker (who is your second most important life partner), and tithe to the plan from every paycheck. The average returns of the stock market over the last twenty-five years have been over 11 percent (higher than real estate), so that discipline alone could make you a millionaire.

Over the years, I’ve come across a lot of people who say that they don’t know anything about anything, which is completely untrue. My police officer cousin found Taser International, my 2003 Company of the Year, which went on to earn up to 9,000 percent gains over the next three years. Whatever you do for a living gives you an insider’s view of something. Your cleaning lady or people on the janitorial crew where you work know why they like certain cleaning products over others. I use a carpet cleaner who has taken the trouble to become the expert on organic cleaning products. You have some passion and some expertise. I’m simply giving you a framework within which to use it.

Of course, just loving the product or the store doesn’t prove the stock is a good deal or that the company will continue to beat out the competition. That’s why there are two other steps.

Step Two: Pick the Leader in the Sector

The second ingredient is easy to come by when you line up the numbers in my Stock Report Card (see Chapter 6) and ask the Four Basic Questions for Picking Winning Stocks (Chapter 5).

For those of you who really have a taste for investing in individual stocks — and who hasn’t wanted to invest in some product that s/he loves! — picking the leader in a sector is not overly complicated. Picking the leader means that you have to take a devil’s advocate approach to the product that you know and love. There were people who were buying an interest in the leading maker of horse-drawn carriages just when Ford was releasing its first motor car. People were buying stock in Worldcom the year before Skype began giving away free long distance over the Internet. You have to determine whether or not the product, company or real estate will be valuable to buyers in the future.

Every month, I go through the exact same research and analysis on a different sector, employ this exact recipe, ask my four questions and inevitably there’s one company that’s leading the pack. And that company is usually pretty easy to identify because it shines in more than one category. Better yet: none of these strategies require earning a Ph.D. in economics or sitting at your computer watching the markets every day at the crack of dawn.

Interview your friends and neighbors on whether or not they like the product or service or prefer the competition. (Don’t ask your friends about the stock; ask them about the product. It’s their preferences as consumers/users of the good that you want to know, not their layman’s opinion on Wall Street strategies.) Ask them the four questions if you really want to get them to deeply consider their love of the product.

Remember: the CEO is the soul of the company. Get to know the CEO of the company you love and the competition a little better by researching some of her speeches online and/ or reading the CEO’s Note to Shareholders in the company’s annual report. (The annual reports should be available on the SEC.gov web site, as well as the company’s web site.)

Once you pick the leader in a sector, the final determination is simply whether or not you’re buying for a good price or paying through the nose.

Step Three: Buy Low, Sell High

The third ingredient in the recipe is largely a game of mastering your emotions as much as employing strategies for identifying the low and high prices.

Buying low and selling high is completely against human nature. Buying low means that when everyone is crying Apocalypse, you’re seeing Opportunity. Selling high means that you’re leaving the party at midnight (sober), while all the punch drunks are screaming that the party is going till dawn, and you’re going to “Miss out, man. If you just hang out a little while longer, imagine how much more fun you’ll have.”

No one has a crystal ball on when the low and high of an investment will occur, but there are a number of factors you need to consider before you make a buying or selling decision.

Calendar Trends
• Santa Rally
• Back-to-School Stock Sales
• Summer Doldrums
• Preelection Year Rally

Other Considerations
• Natural Disasters
• Small Caps for Performance
• Large Caps for Stability
• Exchange Traded Funds versus Mutual Funds
• Diversification and Asset Allocation
• Happy People Make Better Products Faster and Cheaper
• The Economics of Freedom
• Emerging Markets

Historical Performance

If you already have some market experience, you might be stunned to notice that I haven’t included P/E — price-to-earnings ratio — on this list. Yes, price-to-earnings ratio counts, but the above factors can be as important to determining the optimum buy/sell time as P/E is. When you read the P/E discussion later in these pages, you’ll start understanding why.

If you don’t know price-to-earnings ratio from hieroglyphics, don’t worry. It’s not difficult to understand “Never Pay Retail” and “Buy Low, Sell High.” It’s pretty easy to find out what the 52-week high and low prices are or even what the five-and ten-year highs and lows are, to use as a gauge. Start now with what you understand and accept that you will continue to gain knowledge as you keep reading.

Mastering The Three-Part Recipe-Water Your Money Tree: Your Brain

Write out the Three-Ingredient Recipe on an index card and stick it up in your office — or wherever you do your investments — until thinking about investing this way becomes second nature. This recipe works every time — except in an apocalypse . . . and if one of those comes, you’ll have much bigger problems to worry about.

The Bottom Line

You already have the tools you need to become successful in investing. The reason you might have lost money in the past is that you didn’t trust your wisdom (you placed blind faith in someone else’s), or you didn’t tithe regularly, or you didn’t have a disciplined approach to profit-taking (like the recipe offers), or you didn’t ask enough questions before jumping in (like the four questions force you to do), or you didn’t have the fundamentals of a diversified, asset allocation plan in place that changes as you age.

Investments are like a mosaic. The more tiles you uncover, the clearer the picture. If you plunge your head in the sand and rely solely on the plan of a broker you hardly know, or on a single hot tip, or any other single piece of the puzzle, don’t be surprised if your nest egg lies broken in pieces, never quite assembled into the life of your dreams.

Following the ups and downs of a stock price is not educating yourself. It’s obsessing and may lead to an ulcer or, worse, a heart attack. Do your research and evaluation before you buy, and you’ll be able to sleep soundly when the markets are unruly. Many investments treat you to a jittery period of volatility before they go on to great gains. Successful investors almost always go through a price roller-coaster before the stock soars. The roller-coaster ride can be totally worth it in the end, if you’re not having a heart attack. (If you have confidence that your investment is a winner, the ups and downs of the market will seem more like a child having a temper tantrum than Apocalypse Now.)

If your potential investment passes all three criteria of the investment recipe, odds are in your favor to start getting rich the easy way — by following your heart and adding your brain.

Natalie’s Three Takeaway Tips

1. The path to investing wisdom is like learning a foreign language. The words sound like gobbledygook in the beginning, but as you keep talking, you start understanding more and more words, and soon enough you can master the language. There’s no shortcut. Just start talking.

2. Investments are like a mosaic. The more tiles you turn over, the clearer picture you’ll have of the health of the investment.

3. Picking the leader in the sector is the most difficult task. It pays to fill out a Stock Report Card and ask the four basic questions, which are outlined in Chapters 5 and 6.

The above excerpt is a digitally scanned reproduction of text from print. Although this excerpt has been proofread, occasional errors may appear due to the scanning process. Please refer to the finished book for accuracy.

The above is an excerpt from the book Put Your Money Where Your Heart Is
by Natalie Pace
Published by Vanguard Press;  December 2008;$24.95US/$26.95CAN; 978-159315-491-2
Copyright © 2008 Natalie Pace

Author Bio
Natalie Pace, is adding a splash of green to Wall Street and transforming lives on Main Street. She is the founder and CEO of one of the most respected independently owned financial news organizations in the world. She has been ranked as a #1 stock picker from TipsTraders.com and has partnered with Forbes.com. She has repeat guest appearances on Fox News, Good Morning America, Time Magazine, More Magazine, USA Today, NPR and Kiplinger’s Personal Finance. She currently lives in Southern California.

Natalie Pace
http://www.articlesbase.com/investing-articles/the-threeingredient-recipe-for-cooking-up-profits-696368.html

Here is San Bernardino Business Attorney Sebastian Gibson’s Top Ten:

1. It’s not mavericky enough.

 

2. It’s relocating to Alaska.

 

3. The FBI just raided it.

 

4. It’s bankrupt.

 

5. There won’t be any bonuses this year.

 

6. There is going to be a new wave of layoffs.

 

7. The boss is blaming you for the decrease in profits.

 

8. There are no profits.

 

9. There is no business.

 

10. They’ve taken your name off the directory.

 

Now here is everything (well, almost everything) you need in business about personal injury, car accidents, brain damage, wrongful deaths, business, real estate, landlord-tenant, homeowners association law, construction, patents, trademarks, corporations, entertainment law, advertising, copyrights, food and wine, hotel and restaurant law, and litigation without making any serious legal missteps.  

If you need to know more about business, environmental, international law, election and campaign law, consumer law, class actions, constitutional, internet, publicity and privacy rights, publishing, advertising, media, employment law, estate planning, wills, trusts, water law, agricultural, insurance law, bad faith, psychologist and psychotherapist defense, education law or child accidents, you can find valuable information by searching for those subjects and adding the words San Bernardino business lawyer or San Bernardino business attorney to your search terms and looking for other articles by Sebastian Gibson.

 

You can also learn more about any of these business areas of law and how we can assist you as San Bernardino business attorneys, or as lawyers in any city, by calling the Law Offices of R. Sebastian Gibson at any of the numbers which can be found on our website at http://www.SebastianGibsonLaw.com  .

 

1. Personal Injury, Car Accidents, Drowning Accidents, Brain Damage, Catastrophic Injuries and Wrongful Deaths in San Bernardino – If you’ve had a San Bernardino auto, motorcycle, truck, pedestrian, bicycle, bus, train, airplane or car accident of any kind, get the other driver’s information, take camera or cell phone pictures, call the police, get a report, seek medical treatment immediately, call us or another good San Bernardino personal injury lawyer, follow up with more medical treatment if you are still hurt, report the accident to your insurance agent, file a report with the DMV and don’t talk to anyone else or give a recorded statement until you talk with us. If you’ve lost a loved on in an accident, call us or another good San Bernardino personal injury lawyer immediately. If you’ve been bitten by a dog, get treatment, call animal control and then call us. If you or someone you know has come close to drowning, seek medical treatment immediately as death or serious injury can still occur hours later.

 

2. San Bernardino Business – Put everything in writing and preferably with our help or the help of another good San Bernardino business lawyer. Spend money only as you need to. A San Bernardino business attorney can tell you where to save costs and how to do it without risking liability. Limit your promises to employees and to customers. Buy insurance. Protect your intellectual property at the outset. Don’t disclose your inventions or any trade secrets to anyone without a non-disclosure agreement. Incorporate as soon as you are profitable. Get legal advice for problems or indications of pending lawsuits immediately. Keep all costs, including labor costs, to the bare minimum. Always use confidentiality agreements when disclosing valuable information and be careful what information you agree to receive. Tell customers they must pay in advance or on delivery. Do not agree to bill and be paid at a date after delivery. Otherwise you won’t be paid on a percentage of your products. Be wary of the potential for fraud by customers, business partners and employees.

 

3. Residential and Commercial Real Estate, Landlord Tenant Law, Mortgage Law and Homeowners Association Law in San Bernardino – Use a San Bernardino real estate lawyer who is also a Realtor, or a Realtor who is also a San Bernardino real estate attorney. Don’t buy or lease more than you need. Choose the right location. Choose the right mortgage. Don’t refinance if you think you may need to walk away from a home. Don’t buy more than you can afford. Check out the neighborhood carefully. Get a home inspection and a home warranty. Have a San Bernardino real estate lawyer look over the documents. Homeowner Associations are facing a host of problems stemming from the number of foreclosures. As fees are reduced by vacant homes and condos, projects must be trimmed back or delayed in order to save money. Some homeowner associations, who were already in trouble, may face additional problems in the future and both homeowners and their associations should consult with legal counsel to help resolve how to deal with such issues.

 

4. Construction in San Bernardino – With the construction industry in it’s biggest ever slump, down more than 90% from its peak in many areas, San Bernardino contractors need to shift their focus to energy free homes, apartment construction and to take advantage of contracts likely to be offered for bid under the new administration’s plan to create new jobs rebuilding the country’s infrastructure, construction of roads, bridges, the electrical grid and other utility projects. If you are dealing with contractors yourself, always use licensed contractors and have a San Bernardino construction lawyer look over your contracts. You can also investigate the contractor online to ensure he is licensed and insured and a San Bernardino construction attorney can do an additional investigation at little extra cost. Never pay a contractor the entire sum for a project at the start. Put all agreements in writing, including any changes.

 

5. San Bernardino Patents and Biotechnology – A patent should be applied for, for any new, and non-obvious process, or invention and to any new improvement of an invention at first opportunity. A patent is good for 20 years. Depending upon the complexity, most utility patent applications will cost between $8,000 and $12,000.00. A design patent can be applied for by a San Bernardino patent attorney, for the look of an item and is good for 14 years. A provisional patent can be applied for, good for one year at a cost of half of the usual utility patent cost but is only good for one year. If the inventor does not upgrade the provisional patent into a utility patent application within that period, usually for the cost of the remainder of the corresponding cost of a utility patent, the inventor loses his or her protection. A patent is pending once it has been applied for, and can be licensed, or sold outright. Without a patent, others can make and sell your invention with no compensation to you. Patent searches help the San Bernardino patent lawyer write an application around existing patents and cost an additional sum, usually under $1,000.00. Drawings must also be prepared for the patent application usually for under $500.00. A design patent can be sought for between $1,000 to $1,500 and a European design patent for between $2,000 to $2,500. Accelerated patent applications usually cost an additional 50% of normal patent applications. Foreign patent applications also require additional fees.

 

6. San Bernardino Trademarks – Trademark any original logos, designs, words, phrases, symbols or combinations that you use to identify your products or services as soon as possible. Call a San Bernardino trademark attorney as soon as anyone else’s trademark or service mark is so similar as to cause a likelihood of confusion in the public or if you receive a cease and desist letter from someone else accusing you of infringement. Trademark applications range from between $2,500 if there has not yet been any use of the trademark to $1,500 to apply for a trademark already in use. Therefore, to save money, create some products and advertising materials and apply for the trademark once they are ready to be sold and advertised.

 

7. San Bernardino Corporations – Never incorporate by yourself. Corporations will not protect you from liability if you do not follow corporate formalities correctly. Protect your intellectual property from the start with the help of a San Bernardino corporations attorney. Don’t borrow someone else’s employee handbook or fire problematic employees without legal advice. Don’t get investors without seeing one of our San Bernardino corporate attorneys. Cut costs to the bone. Use extra money to advertise, and sell in new markets. A San Bernardino corporations lawyer can provide you with advice as to which type of corporation or LLC to use for your business.

 

8. Entertainment Law, Sports Law, Marketing, Advertising, Media and Copyrights in San Bernardino – Whether you are a musician, an actor, a model, a writer, an athlete, a broadcaster or connected in any other way to the entertainment industry, contact us or another good San Bernardino entertainment attorney as soon as anyone gives you a contract to sign. Signing a bad contract can end your career before it’s ever begun. As soon as you have written any body of work, have it copyrighted. You can do this quite easily yourself, but if you need assistance or if someone else infringes your copyrighted work, you can then file suit against such a party.

 

9. San Bernardino Litigation – At the first sign that someone may sue you or your business, consult with a San Bernardino litigation attorney. Many times, a lawsuit can be forestalled before it has been filed or the matter resolved with letters between the litigation attorneys. If you are served with a lawsuit, hire a San Bernardino litigation lawyer like one from our firm who specializes in mediations and non-binding arbitrations so your litigation can be resolved at the soonest possible opportunity and limit your exposure to years of lawyer’s fees and costs as your case winds slowly through the courts.

 

10. Food and Wine Law, Hotel and Restaurant Law in San Bernardino – Today, hotels, restaurants, nightclubs, bars and grocery stores face an ever increasing host of new regulations they never faced previously. From the usual licensing problems they face with the Department of Alcoholic Beverage Control for adherence to and violations of ABC rules, to new state regulations involving menus and calorie counts in fast food restaurants and new rules requiring groceries to show the country of origin in labels on most of their produce and meat. The worst case scenario today for an establishment serving alcohol, is to serve a minor alcohol who later dies in an auto accident. Such an establishment will need legal representation by a San Bernardino food, alcohol and restaurant lawyer before the ABC as well as legal defense of civil lawsuits filed against it.

 

If you have a legal matter in San Bernardino, Ontario, Rancho Cucamonga, Temecula, Murrieta, Riverside, Moreno Valley, Fontana, Rialto, San Bernardino County, Redlands, Hemet, Perris, Colton, Highland, Yucaipa, Banning, Riverside County, Big Bear, Lake Arrowhead, or anywhere in the Inland Empire, our San Bernardino law firm has the knowledge and resources to be your San Bernardino Lawyers and your San Bernardino Attorneys. Be sure to hire a Coachella Valley law firm with experience in Personal Injury, Car Accidents, Drownings, Brain Damage, Catastrophic Injuries, Wrongful Death, Business, Real Estate and Landlord Tenant Law, Homeowner Association Law, Construction, Trademarks, Patents, Corporations, Entertainment, Sports Law, Marketing, Advertising, Media, and Copyright Law, and who will endeavor to ensure that your rights are properly represented.

 

Additionally, if you have a legal matter which involves Environmental and Toxic Tort Law, Litigation, International, Shipping and Maritime Law, Employment, Election and Campaign Finance Law, Consumer Law and Class Actions, Constitutional, Publishing, Publicity, Privacy Rights, Internet Law, Advertising and Media Law, Food and Wine Law, Hotel and Restaurant Law, Estate Planning, Wills and Trusts, Water, Agricultural and Natural Resource Law, Insurance Law, Bad Faith and Psychiatrist and Psychotherapist Defense, Education Law or a Child Accident in San Bernardino or anywhere in Southern California, call the Law Offices of R. Sebastian Gibson, or visit our website at http://www.SebastianGibsonLaw.com  and learn how a San Bernardino attorney from our offices can assist you.

R. Sebastian Gibson

Remember that the government only represents about 30% of our retirement income, the company retirement pension plan offers another 30 % and many of us do not have one. It is up to individuals to invest wisely short and long term in order to make up for the short fall if he or she would like to live comfortably after retirement without giving up some retirement plans. In this article, we will discuss options in case of death of RRIF and IRA account holder.

I.RRIF account with the spouse is the designed beneficiary, she can
a) The RRIF payments will be paid to the surviving spouse, who becomes the successor annuitant.
b) Upon the death of both spouses, the market value remaining of the RRIF is passed on to the family’s beneficiaries.

II. IRA account holder with spouse as beneficiary
A. Account holder under 70 ½ years old
1. Spouse transfer
a) The IRA account can be transfer the assets into spouse existing or new IRA and IRA asset continues to grow with tax deferred.
b) Withdrawn can be made any time but a penalty will apply to withdrawals made before spouse reach age 59 ½.
c) If the spouse is under 59 ½ withdrawn will be subject to the same distribution rules, she cannot take distributions without paying the 10% early withdrawal penalty.

b) Lump sum distribution
i) All assets are cashed out at once and pay income taxes on the distribution.
ii) The inherited spouse ill not pay the 10% early withdrawal penalty.
c) Inherited IRA-5 year rule
i) Asset transfer to spouse name.
ii) Money available after 12/31 of the fifth year after the year in which the account holder died.
iii) Tax will be paid on all distributions and 10% penalty do not apply.
d) Inherited IRA life expectancy method
i) Asset transfer to spouse name.
ii) Assets must be withdrawn no later than 12/31 of the year IRA account holder would have reached 70 ½ .
iii) Annual distributions are spread over the beneficiary’s single life expectancy.

B. Account holder over 70 ½ years old
a) Spouse transfer
i) Assets are transferred into spouse IRA and assets continue growing tax-deferred.
ii) withdrawals made before spouse reach age 59 ½, penalty of 10% is applied.
b) Lump sum distribution
i) All assets are cashed out at once and pay income taxes on the distribution.
ii) The inherited spouse ill not pay the 10% early withdrawal penalty.
c) Inherited IRA-5 year rule
i) Asset transfer to spouse name.
ii) Money available after 12/31 of the fifth year after the year in which the account holder died.
iii) Tax will be paid on all distributions and 10% penalty do not apply.
iv) Assets remaining continue growing tax-deferred for up to five years.
d) Inherited IRA life expectancy method
i) Assets transfer to spouse name.
ii) Assets must be withdrawn no later than 12/31 of the year IRA account holder would have reached 70 ½ .
iii) Annual distributions are spread over the beneficiary’s single life expectancy determined by beneficiary age.

I hope this information will help. If you need more information, you can read the complete series of the above subject at my home page:

http://lifeanddisabitityinsuranceunderwriter.blogspot.com/
http://financialinvesting09.blogspot.com/

Kyle J. Norton
http://www.articlesbase.com/personal-finance-articles/personal-finance-and-money-management-37options-in-case-of-death-of-rrif-and-ira-account-holder-with-spouse-as-beneficiary-693309.html

For 15 years personal finance expert David Bach has taught people how save money and get out of debt. He believes that getting out of debt is a critical part of building wealth, so much so that it is the subject of his new book Debt Free for Life. Now, he’s teamed up with Equifax to help America tackle their debts in the same way with debt reduction tool Debt Wise.

Over the next few months David will join other Equifax Personal Finance Blog experts as a guest blogger on debt. He’ll be sharing practical advice and tips for eliminating debt and building wealth, answering your money questions and helping you take control of your financial future, so you can start creating and living the life you really want.

Visit the Equifax Blog at: http://eqfx.cm/blog

Duration : 0:1:10

Read more…

With We Compare Books you will always find the best deals any the books you want. Here we are showcasing 3 of our favorite books related to personal finance and investing. The books we are showcasing are: Essential finance series: investment basics, by Marc Robinson, (you will save $9.05 on this book) The money book of personal finance, your basic guide by Richard Eisenberg, (you will save $27.37 on this book) and Making your money work for you, how to use basic investment to increase your wealth by Simon Collins (you will save $5.24 on this book) // created at http://animoto.com

Duration : 0:0:32

Read more…

Each savings account has benefits such as no fees or higher interest rates, and some have more than others. Be smart about using a savings account with tips and advice from an experienced businessman in this free video.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

Duration : 0:1:17

Read more…

Budgeting tips in this free series of personal finance video from our professional Certified Public Accountant (CPA).

Expert: Tom Noah
Bio: Tom Noah has been a Certified Public Accountant (CPA) for over 27 years. In that time he has held positions at several companies as an accountant and a director of financial planning.
Filmmaker: Drew Noah

Duration : 0:2:13

Read more…