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Millionaire Money Habits

Currently browsing posts found in April2008


Being in the Business of Me

» by April 30th, 2008 at 11:15 am » Comments (5)

I was having lunch with a friend of mine the other day and naturally we got on the topic of personal finance and wealth. He was very proud to tell me, “I’m going to break six figures this year.” “That’s fantastic,” I said. “How much more are you going to make next year?” He looked [...]

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My Portfolio Dropped 8% – How’d Yours Hold Up?

» by April 28th, 2008 at 11:15 am » Comments (7)

It’s been nice to see the stock market hold its ground and have some pretty good days lately, but I opened my mail last week to find my quarterly statement that summarized my portfolio. The first thing I noticed was that my investments had almost dropped 8% this past quarter it was hard to stomach. [...]

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Recommended Readings for 4-27-08

» by April 27th, 2008 at 11:15 am » Comments (3)

Here is a list of some of the best personal finance articles from my favorite personal finance websites. To kick start your week, spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and increase your net worth. Spotlight: Philip Brewer at WiseBread shows how he [...]

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Difference Between a Bank and Credit Union?

» by April 25th, 2008 at 11:15 am » Comments (16)

At first glance the difference between a bank and a credit union may seem insignificant, but depending on your needs there are some pretty significant advantages to belonging to one over the other. Bank vs. Credit Union A credit union is a not-for-profit financial institution that is owned by the people who belong to the [...]

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8 Ways to Build an Emergency Fund

» by April 23rd, 2008 at 11:15 am » Comments (1)

We discussed Why is an Emergency Fund Important, but do you wonder when we you are already stretched so thin, how can we possibly find money to create 3-6 months of savings? Here are 8 ways that you could find money to build an emergency fund: Create a budget to find out how much you [...]

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Why is an Emergency Fund Important?

» by April 21st, 2008 at 11:15 am » Comments (2)

Financial planners recommend saving 3-6 months of living expenses for an “emergency fund.” An emergency fund should be exactly that, for emergencies only. It should not be a savings account that you tap into when you find a great suit, beautiful dress, or need some extra spending money for a vacation. So What is an [...]

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Recommended Readings for 4-20: Funny Money Edition

» by April 20th, 2008 at 11:15 am » Comments (3)

Special thanks to David and My Two Dollars for the opportunity to be interviewed and introduced to his readers. Welcome My Two Dollars readers! Spotlight: Gather Little by Little quotes Dave Ramsey, “Many times that when you start following a budget, it’s like getting a raise,” in his Top Reasons People Don’t Budget. What reason [...]

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Make Your Kid Business Lots of Money

» by April 18th, 2008 at 11:15 am » Comments (3)

Now that you have some ideas on how to start making money when you are young (read How Can Kids Make Money When They’re Young), you have to get customers and keep them coming back. Here are some suggestions on how to make sure your business makes a lot of money and maybe become like [...]

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How Can Kids Make Money When They’re Young

» by April 16th, 2008 at 11:15 am » Comments (80)

I remember as a kid how badly I wanted to make money. I wanted to build my own go-kart and buy a dirt bike so much that I was dying to find ways to make money. That was long before the age of the internet. Now a teenager can just type, “ways for teens to [...]

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Teenage Millionaires

» by April 14th, 2008 at 11:15 am » Comments (9)

Who says it takes a lifetime of savings and an impressive resume to make millions of dollars? Here are a couple teenage millionaires that prove the rest of us wrong: Ashley Qualls started whateverlife.com at age 14 and dropped out of school when her website started making $70,000 a month. How did she do it? [...]

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