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Featured Money Articles

Money-Is Enough Good Enough?
How are you doing financially? Are you making enough money? Chances are you'll answer that you're doing okay. You generally have enough money to put food on the table and pay the bills, and maybe even save a bit for a holiday or rainy day. But ...

Refinance Benefits - Refinancing Could Save You Money
The most common reason most people refinance is to save money, but many people refinance for various other reasons. 1. Refinancing to Lower Your Monthly Payment for an Existing Loan. You can refinance your existing loan at a lower interest rate thus ...

The best way to make money online
Would you like to make money online using your computer? Are you confused with all the programs that are promoted as legitimate ways to make money? Are you unsure if it is really possible to earn an income on the internet?You can make money online. But ...





13 Money Making Myths
 
A lot of people are poor because of myths or wrong assumptions about money. For you to become rich, you have to know the realities and the myths of money making.

Money myths # 1: If I had chosen a lucrative career, I would have been rich.

Reality: There are millionaires in all profession. Anything can make money. You don't look for a lucrative career; you make your career lucrative.

Money myths # 2: If my parents were rich, I would have made it.

Reality: Most super rich are from poor families and some from average families. Even those from rich families had to create there own personal wealth.

Money myths # 3: If I were better educated, I'd make more money.

Reality: You need education outside the lecture halls. After all well-educated people are not rich. You have to go into private study and exercise your mind for financial excellence.

Money myths # 4: If I had better breaks, you know, at the right place at the right time, I would have become successful.

Reality: The super rich weren't lucky, they only prepared for luck. Opportunities and luck are created not waited for.

Money myths # 5: If the economy was better, I'd be wealthy.

Reality: In any community, State, or country, there are millionaires. There is money everywhere.

Money myths # 6: If I didn't have family or social responsibilities, I would have made millions.

Reality: It is not all about your responsibilities, but how you frugally manage them. You have to be frugal with your money and spend on the most important stuffs.

Money myths # 7: If all the big money making opportunities were still available, I'd be super rich.

Reality: Moneymaking opportunities worldwide are more available today than ever before.

Money myths # 8: If only government, my employers, family, or spouse helped me, I would have made loads of money.

Reality: Anybody can run out of your life. You could be fired, government can dump you, your spouse might divorce you, and your family and friends could desert you. You alone is responsible for your success.

Money myths # 9: If I had large sum of money, I would have started saving and investing early.

Reality: Little drop of water makes a mighty ocean. Start with the little you have. If you are waiting for a large amount, you will never make it. And the best time to start saving and investing is today.

Money myths # 10: I will start my retirement plan when am a few years from retiring.

Reality: Your retirement plan should start today, no matter your age.

Money myths # 11: I have to work very hard to become rich.

Reality: So many hard working people are poor. The rich don't work hard; they work very smart.

Money myths # 12: It takes money to make money.

Reality: It takes money, no matter how small, to seize opportunities.

Money myths # 13: Having a good job leads to wealth.

Reality: A job is a temporary source of income. A permanent one requires that you make your money work for you. So whatever you do, be in business for yourself and apply your money industriously. You are always the CEO of your endeavors.




Money News



Washington Times

Maine churches raising money to fight gay marriage
BusinessWeek
Between 150 and 200 churches are expected to raise money for the Protect Marriage Maine political action committee, said Carroll Conley Jr., executive director of the Christian Civic League of Maine evangelical organization and a member of the PAC.
AP: Churches to raise money to fight gay marriageU.S. News & World Report

all 338 news articles »

CNBC.com

MONEY WEEK AHEAD: Crowded Bond Havens To Find Little Reprieve
Wall Street Journal
By Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--With few places to hide from the growing storm in Greece, investors will keep sending their money to safe-haven US Treasurys and German bunds despite record low rates of return.
Are Investors Running Out of Safe Havens to Put Money?CNBC.com

all 170 news articles »

New York Daily News

Money Pros: How to choose between an adjustable or fixed rate mortgage
New York Daily News
The Money Pros are standing by to take your questions. Q. What are the pros and cons of 30 year-fixed vs. adjustable rate (ARM) mortgages? How do I figure out which is best for me? A. Knowing what type of mortgage is right for you is all about timing.

and more »

TIME

In Facebook IPO fiasco the 'smart money' got burnt
ZDNet (blog)
By Tom Foremski | May 25, 2012, 3:34pm PDT There's a lot of anger around the botched IPO of Facebook but much of that is from the “smart money” that wasn't able to convince retail investors, the regular people who invest in stocks, to take their shares ...
Facebook IPO's Youngest Victim: 11-Year-Old Investor Wants His Money BackTIME
Morgan Stanley made money on Facebook share dropFortune (blog)
Facebook IPO Deepens Investor Distrust of StocksBloomberg
Chicago Tribune -Economic Times
all 5,344 news articles »

Bloomberg

Military campaign money favors President Obama
USA TODAY
By Fredreka Schouten, USA TODAY While the military traditionally votes for Republicans, President Obama is ahead of GOP rival Mitt Romney in contributions from military personnel, new campaign-finance reports indicate. Obama has a more than 5-to-1 edge ...
Obama, Dems redoubling money efforts to keep edgeBusinessWeek
Romney Seeks School-Choice Program Using Taxpayers' MoneySan Francisco Chronicle
Romney Calls for School-Choice Program Using Taxpayers' MoneyBloomberg
CNN (blog) -Washington Post
all 3,424 news articles »