Archive for December, 2009

How to Teach Your Kids About Money Matters

I am not yet a parent but in the not so distant future, I will be. As a parent, you want to give your children the life skills to survive on their own when they grow up. Part of that is teaching them about saving money. How do you do that? You have to teach them intentionally! Work. Work is how money is made. There has to be an emotional and intellectual connection between work and money. Because this connection needs to be emphasized, you should never use the words “allowance”.

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Household Savings Tips

During your “single years”, you have plenty of time to enjoy the things that you want in life. However, as soon as you grow older and decided to change your status from single to married, you will have more and more responsibilities. When you get your own home, you will be exposed to a lot of expenses. These expenses can eat a huge percentage of your savings. However, there are some things that you can do to help reduce your expenses. Here are some of the general frugal tips you

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True Essence of Christmas

First of all, I would like to greet you all Merry Christmas to everybody! Thanks for being a regular reader of my blog Millionaire Acts. Everyone wants Christmas to be meaningful. Christmas is definitely the season for gifts and shopping. During Christmas, a lot of people go to malls to buy various gifts to be given to their friends and loved ones. People just need to spend more during Christmas season. The effect? - traffic jam, growing credit card debts, lots of to-do lists, etc. I came

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Budget Christmas Gift Ideas

Next week would be Christmas already. I’m sure you are already shopping for Christmas gifts that you plan to give to your friends and loved ones. However, given the current state of our economy, we cannot spend so much. We need to do budgeting and look for cheap and budget Christmas gifts for our loved ones. When your Christmas budget isn’t big enough to provide for everyone on your Christmas gift list, it’s time to search some cheap Christmas gift ideas that suits your budget.

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How to Create Money

Robert Kiyosaki says that “money isn’t real, it is just an idea.” I do believe in what Kiyosaki claims. Money is just an idea. If you have an idea, you can create money! It’s as simple as that! Therefore, I definitely agree that knowledge is power! Ideas can be turn into fortunes and that is why we have intellectual property rights to protect established brands, trademarks and ideas. Money comes from different ideas and concepts. We are now living in the information

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How FED Controls Money Supply

The Federal Reserve of the US, or simply FED, is the most powerful banking institution in the world. It controls the banking and economic system of the most powerful country in the world - United States of America. In 1913, the US Congress established the FED. The Fed, although the central bank of the United States, is not really one bank. It consists of twelve regional banks, so that no one region of the country can unfairly gain an economic advantage. The Fed is run by a seven-member team

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