Archive for December, 2009

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

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During times of economic recession, the single most important word is SAVE. Therefore, it is essential for us to find ways to lower our monthly expenses and free up cash for more important expenses. While many of you will tell that insurance is not a basic necessity, insurance lets you protect for uncertain times like an accident. In my previous post, I discussed about life insurance and differentiated between whole life insurance vs. term life insurance. Today, we are about to discuss car

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What does it take to become successful? Success has a lot of meaning to each of us. You can achieve success financially, success emotionally, success spiritually, etc. In a recent addition to my learnings to become a successful entrepreneur and investor, I’ve learned about John Wooden’s Pyramid of Success. John Wooden is a retired American basketball coach. He is a member of the Basketball Hall of Fame as both a player (class of 1961) and as a coach (class of 1973). He has

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I am a fan of the word “best”. Just before the year ends, Fortune Magazine released it’s Best of the Best Companies in 2009. Which of the companies are considered best to work for? Which of the companies are the best when it comes to revenues? Which if the companies are considered the best among all other companies? Definitely, you would like to know it too. Here are the list that Fortune Magazine released. Given the chance, I definitely would like in one of these companies

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One of the first eye openers for me is the Robert Kiyosaki’s Cashflow Quadrant. So far, it is the single and most powerful idea that I absorbed from Kiyosaki as it helped me improved my education on financial literacy. There is no doubt that each one of us has interests in improving our financial situation. Before you can begin your journey to financial freedom, you need to figure out exactly where you are because if you don’t know where you are, you can’t know where

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