Are you prepared to be in complete control of your money? Being in control of your personal finances is an important life skill.

Don’t fall for get-rich-quick schemes or anything that promises easy, effortless riches. Don’t waste your money on a program consisting of nothing but empty promises. You definitely want to always be learning, but devote less time to spending money and more time to executing, to see your profits rise.

With this recession, putting savings into varied sources makes good sense. Put some money into a standard savings account, but also invest some in stocks, accounts yielding higher interest, and then put more into higher-interest arenas and even gold. Utilize a variety of these vehicles for keeping your financial position stable.

Having a solid plan can be motivating, because it gives you a specific reason … Read the rest