There are 3 simple ways to help you spend within your budget.

1) Consider buying used instead of new. A 1 year-old car saves you between 15% and 25% off the original price and most people wouldn't tell the difference.

2) Always comparison- shop and remember to request for a discount when buying anything of high value. You will be surprised how often you will get it.

3) Rent big value items that are rarely used e.g. boat and big tools.

I have received many topic requests from our readers and i wish to thank all who those who made an effort to let me know what my readers need.  

If you wish to add on to my list, please click the comments sction above or e-mail me at [email protected] Some of the popular topics seem to be; 1) How to buy a house 2) What is wrong with the housing mortgage industry 3) How can i build good credit 4) How can i buy shares/stocks 5) Income tax tips 6) Is it better to invest in America or abroad?

I am currently working on item 2 above after which i will work on the others.

Please continue asking your questions and giving your comments. Simple questions that do not need alot of analysis can answered by e-mail. So please include your e-mail in every correspondence.

Thank you for visiting and God Bless.

[email protected]

According to the Associated Press, the world now has 10 million millionaires. The average wealth is $4,000,000 excluding the value of their homes. They increased at the rate of 6% from the previous year. However, their average wealth increased at a faster rate, 9%.

It is interesting to note that 100,000 of these millionaires have a net worth of more than $30,000,000. And that 1 out of every 3 millionaires lives in the United States. It is projected that in 2012, these world's richest people will be worth $60,000,000,000, that is 60 trillion dollars.

There are 600,000 new millionaires every year. The great question to ask yourself today is, am i doing something today that takes me closer to joining the 600,000 new millionaires?

Have you ever wondered why Personal Finance, Wealth Building and Money Tips are not taught at school? Wouldn't the nation be much wealthier if the general population understood how money works, how to avoid credit traps and the different ways to earn money?

According to a survey done by Saving Without A Budget dot com, 89% of respondents said personal finance should become a part of the school curriculum.

So maybe it is time for you to make a call to your kid's school head or a shout at the teachers-and-parents meeting. In whichever way, let us start to spread the message. In the meantime, learn the basics and teach it at home. Look for opprtunities to discuss personal finance. For example, when kids are about to get back to school and you are planning on back-to-school-shopping, it is a good time to discuss how to create a budget.

What's your opinion on this?

Yesterday i attended a lecture by Dr. Gary S Rose about recognising and evaluating someone's seriousness about something they would like to change. I thought it is good to share it with you because one of the reasons why you are reading this blog is because you are seeking financial change in your life.

In a nutshell, Dr. Gary broke the change situation into 2 parts; IMPORTANCE and CONFIDENCE.

How IMPORTANT is it for you right now to change? You can evaluate this on a scale of 0 to 10. 0 means it is not at all important to change and 10 means it is extremely important.

If you decide to change, how CONFIDENT are you that you will succeed to change. You can evaluate this on a scale of 0 to 10. 0 means you are not at all confident to succeed and 10 means you are extremely confident to succeed.

A big number on the importance scale shows that you really know WHY you want the change. A big number on the confidence scale shows you really know HOW to go about bringing the change.

For example if Tom has 8 on importance and 2 on confidence, it means he needs help on HOW to go about bringing the change he wants. The 8 means Tom already has a strong reason WHY he needs to change.

Are you stuck somewhere either on the WHY or the HOW or are you confidently sailing along knowing why you need financial change?

Today i have introduced affiliate marketing articles about Stock and Forex trading. The normal person on the street would invest by giving his money to an investment manager (usually through a bank or mutual fund) to trade on his behalf. This is a good way to start because it is better than investing at all.

The second level of investing is when you start learning to trade stocks and forex for yourself. There are 3 advantages for doing this.

1) You start to understand what investing is all about. This enables you to make better and more rational decisions and you avoid "pedestrian psychology" - so to say.

2) You are bound to make more profit. This is because it is easier for you to make decisions about when to buy and sell because it is your money. Fund managers deal with millions of other people's money and this make it harder for them to move quickly in the stock and forex exchange market.

3) You have few active trades on the market. There is also software and advice that guides you and helps you monitor the performance of your portfolio very easily. You do not need to spend more than 3 hours a day.

Please click to review one software and one subscription on stock and forex trading.