Month: October 2007

Month: October 2007
Financial Management

America’s Cheapest Family

I discovered this story today which revolves around a family of seven in the US who happens to live on a $35,000 a year income. It was kind of amazing to see how frugal they were when it comes to expenses such as the amount of coupons they use when shopping for groceries. You can

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Financial Management General Thoughts and Fun Topics

Don’t Buy Stuff You Cannot Afford

I was just passed this video that seems like an old comedy skit from the Saturday Night Live show. It basically revolves around these two characters who are in constant credit card debt and having a hard time grasping the concept on how you shouldn`t buy things if you don`t have enough money to do

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Business

Fear Selling

I was talking to a person before who was trying to convince me to buy some kind of life insurance. It was definitely one of those hard sell pushes and he kept emphasizing on how people are going to be in big trouble in life if something happens to them and they are not insured.

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Financial Management

Wealth Management

I was talking to a gentleman today who was explaining to me on how he got into the business of wealth management which he is able to do from his home. In general, what he does is aid people in investing their money in products such as mutual funds to hopefully generate a good return.

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Business Making Money

Such A Thing As Too High of An Hourly Rate?

I was talking to some people today about the hourly rate that people charge in specific professions in various industries. We were talking about numbers varying from say $30 to $500 an hour with professions such as a say a lawyer or a professional business consultant. It was kind of interesting to see people’s different

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Business

Private or Public Company

I was having a conversation with a friend who was talking about the advantages and disadvantages in making a publicly traded company. Essentially, the advantage in his view was that it can be easier to raise funds and you are essentially using other people’s money to help create something great. The main disadvantage is that

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