The Modern Girl 's Guide For Spending Less And Saving More By Catey Hill

“But I can’t tell you how to live” (Weber, 19). In most cases, we decide to live the lives we want to live. You can decide to listen to yourself and ignore everyone else, or you can listen to everyone and not do what you want to do. In the book, In Cheap We Trust by Lauren Weber, She starts off by talking about how she was raised by a cheap father who was so proud about being cheap. Since Weber grew up that way, that trait followed her all the way into her adulthood. But here is the catch, she is only cheap about certain things. For example, she writes

The purpose of this assignment is to learn how to use my money wisely and also teach my children to use their money wisely also. The book I l chose to read is Smart Money Smart Kids by Dave Ramsey and his daughter Rachel Cruze. The five principles that I’ve learned out of this book is to teach your children young, about giving, saving, spend, budgeting, and debt.

Herbert A. Simon, a Nobel laureate, suggested that a decision maker did not always make the best financial decision because of limited educational resources and personal inclinations. Because of this, we seek the advice of others to make better financial decisions. In David’s Chiltons The Wealthy Barber Returns, he explains why saving first, spending less, and investing your money now will help secure your financial future. In my opinion, the advice he gives are simple but well founded. After reading this book, I will put my credit/debit cards in the freezer, set up an automatic savings plan with Tangerine, and invest 5% of my pre-tax income. Even though you are probably confused as to why I’m doing this, hopefully everything will be clear

Economic knowledge is very important to have, especially in modern America. Dave Ramsey, a speaker, and guide for the public helps better educate on the importance of money and how it works. From a series of videos by Dave Ramsey, he brought to my attention a few important parts of saving. One of them is to always pay with cash. Another being avoiding acceptance of loans. Lastly, Ramsey hammered in the idea of always looking for opportunities to save money. These three points stood out to be most important to me.

List several of the "Strategies for Saving" that would be the most valuable one’s for you to help you with your financial situation? Why? I think the two Strategies for saving that would be most valuable to me are eliminating Doodads and paying myself first. After thinking about it I realized all the silly little things I spend money on that I don’t really need, by eliminating these things that money would really start add up that I could put into my savings each month. I also think paying myself first would help me to save a lot more. I tend to spend whatever I have in my account, I don’t spend what I don’t have, but even if I have extra I always seem to find something to spend it on. So by putting aside a certain amount of money into my savings account before I do anything else that money is already gone, and then I can budget my month with the remaining

First and foremost, this book have quotes that are valuable life lessons. For example on page

Money. It’s something that all of us want more of, and yet most of us aren’t equipped to make real changes in our finances so that we can have more money. This is especially true if we’ve found ourselves in debt through a series of unfortunate events. But relief does exist for this who are in debt. Additionally, there is help for those who not only want to get out of debt but who also want to eventually save and even thrive when it comes to finances. If you’ve decided it’s time to revamp and even recover your finances, these 10 money solutions will help you make sense of your finances.

The author, Hannah McQueen is a financial personal trainer. She is an accountant with degrees in both Commerce and Taxation Law. She was a regular guest on TVNZ’s Save our Home.She was also a co-host of TVNZ’s Good Morning Show. She is the founder of enableMe – a company that specializes in financial personal training. She has written this book to share and help the readers master how to find the perfect equilibrium in not just in finance, but also in life.

In the article entitled “A Generation Struggling: Rich Kids are Losing” by Dr. Brian Carr, the main topic is about rich kids and how the lack of parental supervision and the stress to find a good well-paying job causes children of wealthy parents to be more likely to engage in criminal acts. First, Dr. Carr writes that while children of minorities are believed to be more likely to become criminals, similar problems are also happening to children of rich families. The author also states that since the parents of rich children usually leave their children to their own devices, it causes them to never have a set of rules to follow, leaving them to not know right from wrong. In addition, he points out that during their early years, they don’t worry

This book is an eye opener that teaches people with ordinary incomes that they can afford to save for the future. It even addresses and speaks to those whom might be living paycheck to paycheck. This book lays the groundwork for not only our lives, but the lives of our children and families.

What did you take away from this book that you can apply to your future or professional life?

Financial goals are important to Ms. Tau as she continues to try and prepare for retirement, increase savings, and pay off debt. She also hopes to begin a college fund for her eldest granddaughter, who will be graduating in five years. Ms. Tau has maintained putting $97 a month into her employee retirement plan, which currently has accumulated $115,500. Additionally, $200 a month goes into her liquid savings. She is attempting to save $18,000, which amounts to a 6-month income safety net. Ms. Tau is working toward paying off her personal loan of $34,650 and

I realized that budgeting is probably the most important thing that you could possibly do with your money, you need to be smart about it and know what's important and what can be a last minute thought instead of wasting your money right away. I really learned from this assignment that it's not always going to be easy, this was not a real life situation and in real life there will be even more obstacles in my way if this ever happened so I have to be extremely diligent with my money and be

In the book “All Money in the World” by Laura Vanderkam discusses about ways that people get and spend money in their lives and the relative between money and happiness. Each title, the author shows us different ways to use and earn money like getting, spending and sharing. But in chapter 3, “Rethink Retirement” of getting, Laura Vanderkam shows the creative way to approach retirement. There are three of the ways that the author suggests people can rethink and plan for retirement such as saving, making extra, and using time efficiently.

Whew, where to start? The personal finance class, through Dame Ramsey’s Foundations in Personal Finance textbook and video series really had a lot of useful information, and it is hard to pick out the most impactful chapters and topics. However, I think the most important stuff for me was his five foundations for financial success, which were reinforced throughout the course. I am not downplaying the other important stuff in the course, including learning about the history of credit, budgeting, consumer awareness, investing, insurance, and taxes, but I think that mastering the fundamentals is important, which is why I am choosing to highlight them in this paper.