Money Management Knowledge Base
money management? ok im having diffiulties john placed 600$ into a savings acc which earned him 6% compounded interest for 5 years 1 how much interest did he earn at the end of the 5 years? 2 what was his ending balance over 5 years then its something like.... Princible x rate = interest princible + interest = new balance this goes on to 5 years ( like year 1 answer the princible things ) plus teach me how to do it PS i was absent 4 days ( flu so im like dumb right now ) 19 minutes ago - 3 days left to answer. Additional Details 15 minutes ago PS need help can u get me a money management definiton for the following economy invest stockbroker bond mutualfunds Report It
Are money management and investing books helpful? I'm sure anyone that's gone to a book store like chapters has seen that there are entire shelves dedicated to books about money management, investing, and the like. My question is, has anyone read any of those books, like guides to investing, and has anyone had a positive experience and been able to apply some of the things they've learned from what they've read? Or are the books just shams?
Why do we require public schools to teach sex education but not basic money management? There is an old adage, "It isn't important how you make you money. It's what you do with it that counts." An ambitious person with common sense, a high school diploma, and basic skills in money management will be much more prosperous in his lifetime than a medical school grad with a drug addiction and an appetite for loose women and fast cars. Education in the USA is lacking in respect to providing basic skills to our children in how to succeed without becoming a member of the rat race of corporate America. Children who do not have college as a goal in their life, or even those who do, should be taught basic money management, credit management, and long term financial planning. Imagine if you were going to play a game of Monopoly for the first time. You open the rule book and it says: The rules have been around a long time. Everybody knows the rules already so there's no point in printing them. So, just play the game.
What are some really good money management tips for a college student? I am really horrible at managing my money, and having to be fairly independent in college is not helping the situation. I work to make personal spending money, but I will eventually have to start paying off student loans, plus every so often something important that I have to pay for comes up. How do I handle my paychecks so that I am not blowing them within a week?
What is the best computerized money management program? I'm looking for one that will connect to my online financial accounts (banks, credit cards, investments, etc). Microsoft Money? Quicken? Something else? Ok - I have one vote for MM and one for Quicken. Anyone else want to weigh in? Thanks!
Where can I find free classes on money management and debt managememt in Vermont? I am looking for a free class on how to manage money, debt and bills. My spouse and I have trouble making budgets and are feeling over whelmed with the living paycheck to paycheck. Our debt keeps increasing yet on paper, we should be doing well. We are looking for help that is free of charge on advise on how to get better at managing our money.
How do you get advice about money management? Do use a financial advisor? If so, what are their qualifications? Lawyer? CPA? Do you use a fee-based advisor rather than a Merrill Lynch type person? I'm trying to figure out the best way to approach this. Do you figure it out on your own?
Any good personal Finance( investment/ money management) books? I want to improve my finances. I have some debt ( a little less than 1000). I have managed to almost completely clean and fix my credit history. I have no student loans and any other type loans.However, I have savings, and no assets. I want to start investing and start learning about financial management and financial future. I also would like a book that will teach me about Real estate investment possibilities. Any recommendations?
Any good advice on money management for a low income single person? I would really appreciate your help. I got fired from a good paying job and had to take a job that pays significantly less just so I could have ANY job to survive. Eventually I want to get out of this situation but in the mean time I need your advice on budgeting my income.
Can someone recommend a reputable money management program? Coming up, I did not have someone teach me how to manage my money. I am tired of living check to check, bad credit and paying high interest rates. I know there are a lot of scam artists out there. I want to avoid filing Chapter 7 if possible. I want to fix my credit and learn how to manage my money the right way.
Who taught you money management? The news is full of stories of people who do not understand credit, budgeting, mortgages, how to balance a check book, how to deal with debt and investing. It seems like so many people are poor with money but do not know where to turn. Our schools are full of teachers who can tell students about advanced math and science but few leave high school and head out into the real world with an understanding of basic money management. How did you learn about how to deal with money and how are your friends and family in the subject?
I want a career in money management (like owing a hedge fund)...but not sure where to start? I'm currently a freshman at a public university in Colorado, and want to have a career in money management. Ideally I have a dream of owning my own hedge fund(s), investment business, real estate firm...all the bases. I'm just not sure where to start. I want to get into the money management for it seems exciting and fun to me. I've read up on what it's like and what it pays. I think my biggest desire to do it however is so I can be well off financially sooner than later so I can enjoy my life...vs working all the time to make ends meet. I'm down as a finance major, but not sure if the school I'm at would be of any help down the line since it's not ranked anywhere. I own my own small business that I started as a teenager in middle school and still run it part time to help pay for school. Any Colorado schools have a good rep in business/finance for what I want to do? I'd sell the business if needed, so if not in Colorado, what school(s) would you recommend? Thanks! Would DU (University of Denver) be a good local pick? What about CU Boulder (University of Colorado at Boulder)? Or are neither of these good enough?
Should public schools include basic money management in their curriculum? Most kids who emerge from our inner city school systems have no knowledge of basic money management. Shouldn't we be teaching these kids how to management a household budget. How to manage a checking account. How to manage their credit. How to save for the furure. How not to over extend their credit. So many of these kids today leave high school completely unprepared for the pitfalls of the road ahead of them. They enter the workforce without any knowledge of how to manage the money they earn. Many inner city kids come from low income families and don't get this knowledge at home. Managing money is a basic skilled required to lift oneself out of poverty. Isn't this a skill we should be teaching all children?
Learning about money management? I'm eighteen, and I'm going to be moving to Chicago in the fall for school, and I'm saving money to prepare myself...the problem is, I don't have the slightest idea of any kind of money management or budgeting. Any idea of some online resources that might be able to better educate me, starting with the basics?
Is there such a thing as "Money Management" course or class that I can take? When it comes to money administration I SUCK at it, I just don't know to prioritize my responsabilities, I definetaly need help. Does anybody knows of a place or something that can help with the financial aspect of my life? I am no talking about debt consolidation, I am talking about actual classes or something like that. Serious answers only please,
What happens to the money if a investment management house goes under? I have a friend who uses Wachcovia Securities to invest in different bonds for him. Wachcovia is in a bit of financial trouble right now. If it goes bankrupt or whatever, what happens to the money invested? Its not like a CD where it would be insured under FDIC I don't think. Thanks for any help.
Anyone use money management international ? has lot of debt and heard about this company , has anyone use them and what was the outcome or their experience with them .Also did it worked .were they to bring down your balance and get you out of debt.
Kids and money management? I have a 13 yr old son and I want to teach him about money management and the importance of maintaining good credit. I got him a pre-paid debit card through my bank and I make him balance the "checkbook" periodically with the deposits and debits he makes. Are there any other good resources to teach kids about money management? Any good magazines or online tools i can subscribe to? Thanks.
Personal money management or no management? Do most people do any kind of money management or just wing it? Do people that do money management ever prepare a financial statment or use one that some else has created like Quicken or Microsoft Money.
Is a rental property management company worth the money? I have a house thats been on the market for a year now. we are thinking of renting it out, i've looked at the property management companys around and they charge 10% of whatever you rent it for. Has any one used one? Has anyone rented property on their own and think its not worth 10% to deal with day to day issues and finding tenants? Me and my husband are pretty handy so i'm not worried about repairs but evicting people, and finding people, and all the time it takes to deal with it.
Any anyone used Money Management International for debt consolidation? My husband and I have a large amount of credit card debt to pay down. We contacted Money Management International and they created a debt management program through them in which we would pay a certain amt. of money to them each month for 50 months in order to pay down the cards. Sounds okay as a way out with a definite end date. The worry I have is the "no credit" clause in the agreements. You aren't to take out any new credit while you're on the program. I agree that we shouldn't take out any new credit cards or anything. BUT, we do have two car leases that are coming to an end next year and a mortgage that we'll most likely refinance (because of an ARM) in two years. Those are pretty big credit commitments. Ideas? Experiences? Right now we have good credit (although WAY too much of it) and the idea of completely ruining a good credit history is very daunting to me. Anything you could share would be greatly appreciated!!! I haven't signed any contracts with them yet - and would like to get out of debt myself. It just seems so overwhelming!
Why do people blame credit card companies for their own poor money management? It drives me crazy how people will max out their cards, miss payments, etc, and then get mad when the company applies interest or fees. If you're not one of those people, don't you just want to punch them in the mouth? If you are one of those people, what the hell makes you think your money problems are anybody's fault but your own? The credit card companies, banks, payday loans, and so on, are not evil. If you don't use them incorrectly or at all, you won't be in this mess. So stop whining about it and admit it's your fault.
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