October 2009

Attitudes Towards Savings

October 30, 2009

Opening a savings account is usually one of the first step towards achieving your financial goals. If you ask anyone about the steps you need to take in order to get a hold of your finances the first they usually suggest is to get a hold of your spending (by creating a budget) and the [...]

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When $110 Million Isn’t Enough

October 29, 2009

“[Antoine Walker] will never have to worry about money again in his life.” -former Boston Celtics president and head coach, Rick Pitino I’m fairly obsessed with sports, but especially basketball. My Purdue Boilermakers (pre-season top 10!) and the Indiana Pacers keep me fully engrossed in the sport of basketball from late October to nearly the [...]

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Free Finance Education

October 28, 2009

Hi All, If you’re thinking about starting a small business or are interested in getting into entrepreneurship, here is a great collection of links to free online courses and lectures. Handy if you’re looking to pick up some free education. Best, James

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Six Common Investing Mistakes And How to Avoid Them

October 28, 2009

Hi All, Its Wednesday, so that means its time to avoid making money mistakes. Here is a listing of some of the top 6 mistakes people make with their cash as well as pointers on what can be done to avoid these errors. 1) Racking Up Junk Debt: Credit card offers are ubiquitous in American [...]

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DINKs Featured on Man Vs. Debt

October 27, 2009

Hi Everybody! Adam over at Man Vs. Debt is having guest post week and today (Tuesday, October 27th) he’s featuring a post I wrote for him about the parallels between training for a marathon and managing finances. Adam is one of my favorite personal finance bloggers (and not just because we’re both from Indiana) so [...]

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Bank Stress Tests

October 27, 2009

The Wall Street Journal has an excellent article online about the health the 19 largest financial institutions. The article, entitled “Banks Need At Least $65 Billion in Capital” can be found here, and it features a cool interactive graph. The most interesting fact I learned from that article is that Bank of America has a [...]

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Will the Rich Evolve Into A Separate Species?

October 26, 2009

Hey All, You gotta love wild predictions about the future. According to American futurologist Paul Saffo the wealthy will eventually evolve into a separate species due to their increased access to medical and robotic technology. From the Telegraph.co.uk: Mr Saffo, from San Francisco, says in the future people will be able to grow their own [...]

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Spending Money on New Hobbies

October 26, 2009

This past May I got so sick of being horribly out of shape that I decided I would start running. I was an ok runner in High School (lower-level varsity on the Cross Country team), and although I can’t say I necessarily enjoy it, there is a certain feeling of accomplishment that comes from being [...]

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Should You Borrow From Family?

October 24, 2009

With banks tightening their lending terms, more and more American are likely to consider turning to family for loans. While this might be the right solution for you, it is good to consider whether or not it makes sense for your situation. First, can the lender afford to do so? If the answer is no, [...]

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Growth of Emerging Markets

October 23, 2009

Emerging markets are arguably a force to be reckoned with and something to pay attention to if you are interested in diversifying your risk and potential gains. The biggies out there are the BRIC; aka Brazil, Russia, India and China. Together they comprise over 40% of the global population and have experienced rapid economic growth [...]

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