Yielding Wealth | Personal Finance

April 17th, 2008

5 Ways to Build Personal Wealth

This is a guest post by Heather Johnson.
You’ve heard the success stories probably more times than you can count. People always talk about how they built their own personal wealth and had excellent success in their financial endeavors. Unfortunately, no matter what people say, there’s no perfect way to build wealth, […]

By miranda -- 2 comments

August 22nd, 2007

Fed Chair Ben Bernanke Prepared to Cut Interest Rates if Necessary

Will the Fed cut interest rates? That is the question on many minds right now, and one that could affect you in your quest to build wealth. Inman News is reporting that the Fed may cut interest rates:
Expectations that the Federal Reserve will cut the federal funds rate this year rose Tuesday after Sen. Chris […]

By miranda -- 1 comment

August 20th, 2007

Is Your Debit Card REALLY That Fabulous?

Plastic is becoming the trend. And I don’t mean credit cards. I’m talking about the debit card. According to the Federal Reserve and the American Bankers Association, 33 percent of purchases are made with debit card. That ties with cash for the #1 method of paying for stuff. I was surprised at first that credit […]

By miranda -- 2 comments

August 6th, 2007

The Faster You Get Out of Debt, The Better Off You’ll Be

One of the big financial planning trends right now is debt management. People seem to be drowning in debt, and the management of said debt is a quite lucrative industry. But the fact of the matter is that if you want to truly build wealth, you have to do more than manage your debt. You […]

By miranda -- 3 comments

August 6th, 2007

Assets v. Liabilities

Yielding wealth is about more than just earning more and spending less. It’s really about building wealth based on what you understand about how money works. This means that you need to have a solid understanding about the difference between assets and liabilities. Whenever you look at your financial situation, you look at it in […]

By miranda -- 0 comments

August 6th, 2007

Cash Flow Management

One of the most important concepts to understand when yielding wealth is cash flow. You need to know how much money is coming, and where it is going. And you need to know how much is being yielded by assets and investments. One of the best things you can do for yourself is to ceate […]

By miranda -- 0 comments

August 4th, 2007

3 Keys to Yielding Wealth

While yielding wealth and building a solid financial base has its finer points, the fact of the matter is that the whole concept can be whittled down to 3 main keys. It is important to understand these three things if you want to understand how you can begin to build wealth:

SAVE. This is one of […]

By miranda -- 0 comments