THE IMPORTANCE OF BUDGETING

WHERE DOES YOUR MONEY GO: THE IMPORTANCE OF BUDGETING THURSDAY, JUNE 6, 2013 Do you know where your money goes? According to many experts, an ideal personal budget breaks expenses up as follows. Debt and housing (credit cards, vehicles, rent, mortgage) 30 percent of income Savings (retirement, savings accounts, investments) 15 percent of income Insurance […]

WHERE MONEY COMES FROM

THURSDAY, JUNE 6, 2013 DEFINING MONEY How do you define money? According to Ludwig von Mises, money is the most valuable commodity. Overtime, we’ve put value in a number of items. Money through the Ages 10,000 years ago Cattle, vegetables, and grain 3,200 years ago Shells, beads 3,000 years ago Gold and bronze 1,500 years […]

WHAT IS FINANCIAL INTELLIGENCE?

THURSDAY, JUNE 6, 2013 Financial intelligence could refer to: The act of gathering data about financial organizations Business skills developed to deal with financial and account matters Understanding personal finance matters like budgeting, investments, and savings To managing your pernonal finances, you’ll need to know how to:money Balance a checkbook Monitor your accounts online or […]