No this is not a new game show nor is this a get rich quick scheme. You might be rich, but might not know it. Dateline.msnbc.com might just prove that you are. This is real money. Approximately more than $30 Billion dollars is just sitting in state treasuries awaiting to be claimed by more than […]
Idiot’s guide to the subprime mortgage crises
They say that when Uncle Sam sneezes, the rest of the world gets a cold. Now, Uncle Sam certainly isn’t sneezing, Uncle Sam’s got a flu and the rest of the world got pneumonia. The economic woes of the United States are far from over brought about by rising fuel costs and mainly the subprime […]
How the Rule of 72 is used to wisely manage debt
The Rule of 72 is a basic rule that each and every investor should know. The rule is commonly used to determine how many years will it take for your money to double. The equation is simply this, 72 divided the interest rate equals the number of years it takes for your money to double. […]
An audio visual presentation of the Rule of 72
I have written extensively on the Rule of 72. I firmly believe that knowing this rule is important because it is the foundation of all financial planning. In order to further understand what the Rule of 72 is all about watch this short youtube video clip on the Rule of 72. Knowing what vehicle of investment to use to […]
More money saving tips
Several weeks ago, I wrote a post entitled “Money saving tips” This is somewhat a continuation of that post. With the rice crises and rising oil prices that have been crippling ordinary Filipinos from all walks of life, coming up with a list of money saving tips is my small contribution to at least somehow […]
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