Video: Suze Orman at Google

Since it's Friday, I thought I'd share with you this excellent video on Suze Orman as she speaks about personal finance at Google.

(Note: If you missed it last week, feel free to check out this entertaining and relatable post).

I think this is a very good talk - I always enjoy watching and listening to her. There are some Q & A at the end, which is usually interesting to watch, with some real estate related questions.

I especially enjoyed the last part where Suze goes over her Top 10 List she knows to be true when it comes to money. Here they are:

1. Focus on people and money will follow.
2. It is better to do nothing than something you do not understand.
3. Being rich is better than being poor.
4. Democracy and the deficit - let's pray it works.
5. You don't need to be on Wall Street to make money.
6. You can make money without doing evil.
7. There is always more money to be made out there.
8. The need for money crosses all borders.
9. You can be the world's personal finance expert without ever wearing a suit or being a man.
10. Being wealthy is just not good enough - it is what you do with that wealth that counts.

I hope you enjoy this video, thanks for watching!

(Note: For those interested in reading more about personal finance, here are my Top 10 Personal Finance books.

p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!



Video Link

Video: Budget "Til Debt Due Us Part"

Since it's Friday, I thought I'd share with everyone a clip from an interesting series on personal finance I've started to watch, "Til Debt Due Us Part."

I think the concept of taking away credit from folks (as shown in the clip below) forces people to be more frugal. It's mind boggling to see the amount of debt that has taken over many of these people's lives as depicted in the series.

Though it may seem simple in nature, the basic concepts of personal finance have not been learned and put into play by many.

Hope you enjoy the clip!

(Note: For those interested, feel free to check out my Top 10 Personal Finance Books. Thanks for reading!)

p.s. Feel free to leave comments on any post either here and/or my Facebook Page. Comments are always welcome, thanks for reading!



Video Link

Comparison Shopping

Hi everyone! Sorry I haven't posted in awhile - I've been really tied up lately. Though, I wanted to make a quick post here regarding comparison shopping.

It's very important to shop around and do some comparison shopping for things you buy - over time it does add up. Remember, you're not being cheap - you're being frugal. There is a difference. And, why should you pay more for the exact same thing?

By learning to bargain hunt and by becoming a more informed shopper, you will save a lot of money over time. And, the money saved can quickly add up and be used towards other things for your business and/or your personal life.

So, let me give you an example of one of my most recent comparison shopping experiences.

For instance, take this simple bath mat I bought for one of the trailers recently.



As you can see from the pic, this cost $4 - I purchased it locally from the Family Dollar Store. Before making my purchase, I did some research and visited a couple places for similar bath mats. Wal-Mart came at $5.96 - it came close. By purchasing the bath mat at the Family Dollar Store, I saved almost $2.

Now, I know saving $2 may seem very mundane and not that big of a deal. But, imagine if I had to purchase 20, 30, 40, or even 50 bath mats? As you can tell, the costs add up.

When running a business and even personally, I think it's very important to have a frugal mindset. So much money is wasted everyday - most people don't even realize it. By learning to become more frugal, it forces you to be more resourceful and in turn save your hard earned money for other things.

(If you're interested in reading more about having a frugal mindset, I highly recommend this book. It really opened up my eyes and reiterated some things for me).

Happy Investing!

Money As Debt

In order to be a wise investor, it's very important to understand money and how it works. Knowledge is power. In the past, I've talked about the importance of getting personal finances in order. It's very important to learn how to control money and not let money control you. Here's a video that has helped me to understand more about money and how it works. Enjoy!

"Money as Debt' tells in very simple and effective graphic terms what money is and how it is being created."

Part 1



Video Link

Part 2



Video Link

Part 3



Video Link

Part 4



Video Link

Part 5



Video Link

Top 10 Personal Finance Books

Thought I'd post a list of the Top 10 Personal Finance Books that have helped me understand the subject of money. Before going out and starting to invest, I needed to make sure I had my own financial house (aka personal finances) in order.

There have been countless people who go out and invest without even having their own finances in order first. By having your financial house in order, you will know how much money is going in and how much is going out, and what areas you need to work on - this is basic stuff most people don't even know.

Here's my Top 10 Personal Finance Books:

1. The Richest Man In Babylon
2. Rich Dad, Poor Dad
3. Cashflow Quadrant
4. Guide to Investing
5. The Millionaire Next Door
6. The Automatic Millionaire
7. Your Money or Your Life
8. Four Pillars of Investing
9. The Bogleheads' Guide to Investing
10. A Random Walk Down Wallstreet