 |
|||||||||||||||||||||||||
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|||||||||||||||
 |
 |
 |
 |
 |
|||||||||||||||||||||
 |
|||||||||||||||||||||||||
 |
 |
 |
|||||||||||||||||||||||
 |
|||||||||||||||||||||||||
|
|
|
CNET Gives CommonCents 3.0 a 5-Star Rating! July 24, 2010 The editors of CNET recently posted a review of CommonCents on the download.com site. You can read the review by clicking here! CommonCents 3.0 - Not Your Grandmother’s Envelope Budget System (Press Release) April 6, 2010 We submitted the following press release earlier today to celebrate the launch of CommonCents 3.0: What’s New in CommonCents 3.0? March 7, 2010 We are very excited to announce the release of CommonCents 3.0! Overview of Traditional Envelope Budgeting January 29, 2010 Envelope budgeting is a very simple and time tested method of managing your money. It is an easy way to know exactly how much money you've got on hand and what it is allotted for. What’s New in CommonCents 2.0? March 1, 2009 In these challenging times, it is more important than ever for individuals and families to control spending, reduce debt, and save for the future. CommonCents was designed to help our users do this, and version 2.0 enables it to be done even more effectively. Part 12: Budget Planning - The Path to Financial Freedom February 28, 2009 My experience as a financial advisor leads me to believe that the vast majority of Americans do not utilize a budget as part of their personal financial plan. This is of great concern, especially when you consider that every successful business operates from an ongoing budget process. If you desire to be prosperous in your personal finances, you should operate like a successful business would, and that means you will need to develop and follow a budget plan. Part 11: Lifetime Learning for Career Advancement February 2, 2009 What is your most valuable financial asset? Unless you are very wealthy, your most valuable financial asset is your ability to earn money. That earning ability is not restricted to the job in which you may be currently employed—it’s much bigger than that. It is your ability to apply your lifetime of learning and skill under circumstances for which others will pay. Part 10: The Surprising Relationship Between Money and Happiness December 31, 2008 Society perpetuates the idea that our only hope to be successful and happy in life is to become wealthy beyond our wildest dreams. The intense drive many people adopt to accumulate large quantities of money and goods may a have steep price tag attached—overwhelming stress and unhappiness. Part 9: The Problems Associated with Debt Accumulation November 30, 2008 Personal indebtedness is at historic levels. American’s inclination to borrow money has been fueled by two decades of low interest rates. The typical household has 6.5 credit cards with an average balance of $8,000. We pay a larger percentage of our income on housing (33% according to Bureau of Labor Statistics) than at any point in our history. Part 8: Protecting Your Financial Assets November 1, 2008 Purchasing an insurance policy is rarely an exciting event. In fact many people avoid doing so, which often places them at considerable financial risk. It is very important to know which insurance policies we really need for each period of time in life and not be burdened with the unnecessary costs of other policies we’re often cajoled to buy. Part 7: Keeping a Positive Focus on Finances October 1, 2008 At some point, everyone will experience a financial setback. How we deal with negative circumstances will be a significant determinant in our financial success or lack of it. When a financial setback occurs, people either respond pessimistically, leading to fear and ill-advised reactions, or optimistically, leading to a calm and objective return to the original goal. Part 6: The Greatest Financial Secret: Compound Interest September 1, 2008 Why is compound interest so vital to growing our savings? It is because compound interest is interest paid, not only on the initial principal (the money we have saved), but also on the accumulated interest of prior periods. In other words, over time we earn interest on interest, thus explaining the multiplying effect of compound interest. Part 5: Establishing an Investment Plan August 1, 2008 Time is the great financial equalizer. Given time to implement and contribute to an investment plan, even a person with a modest income can accumulate substantial financial assets. This is good news for workers in their twenties or early thirties who have kept their spending under control and have excess income to regularly invest. July 19, 2008 If you find that you are struggling to save enough of your income to sufficiently support yourself in retirement, take a close look at my plan for an alternative retirement outlined below. Even those with substantial financial assets could benefit from this plan because it provides a retiree with a wide array of options in the event some negative circumstance unexpectedly occurs in their career or with their assets. Part 3: Saving and Spending Money June 1, 2008 Life is much more simple and enjoyable when we focus on the basics. Your automobile works better when you pay attention to the engine, the human body functions optimally when the heart is healthy, and a sturdy house is one that is built on a strong foundation. The same logic applies to the world of personal finance. Part 2: Setting Financial Goals May 1, 2008 In the previous issue, we became aware of the importance of having a financial roadmap for the future and developed a method for organizing financial records. The next step is to determine exactly where we want the plan to take us. This will require listing and prioritizing our financial goals. Part 1: The Importance of Developing a Financial Plan April 1, 2008 Many of us may have experienced financial frustration. Perhaps we frequently come up short on enough money to pay all the bills that have accumulated. Perhaps our savings account balance has become a permanent “zero.” Or maybe our use of credit has us stuck in a deep financial hole with seemingly no way out. |
|
|||||||||||||||||||||
|
|||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Welcome to inSight, the official newsletter of enDevelopment.
|
|
|
