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Yielding Wealth | Personal Finance

June 20th, 2008

Personal Finance Tip #4: Needs v. Wants

This personal finance tip comes from Jen over at Everyday Networker:
Understand the difference between a want and a need. Most things you think you need…you don’t!
I like this. How many times do we say that we “need” something? But really, in our society, we have turned many wants (cable TV, a house with an […]

By miranda -- 2 comments

October 2nd, 2007

Personal Finance Basics: Needs v. Wants

Every now and again, it helps to get back to the personal finance basics. Yesterday we took a look at living within your means. In order to do this, another basic personal finance lesson is necessary: understanding the differences between needs and wants.
Needs
It seems fairly straightforward, but many people confuse wants with needs. Needs are […]

By miranda -- 0 comments

October 1st, 2007

Are You Living Within Your Means?

One of the biggest obstacles to yielding wealth today is a propensity by many to live beyond your means. Yielding wealth requires that you live within your means. PowerWealth.com offers this rather enlightening and interesting look at the differences between the two:

It is vital that you understand the difference, and even more vital that you […]

By miranda -- 0 comments