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Finance - Money, Money





Finance is a big word for some of us. It's a little scary. Maybe you immediately go to thinking about "high finance." That's even scarier. But what is the field of finance really about? Money. Okay, so money can be a scary word, too, but it's a little more manageable because we use it more often. In fact, money management is what finance is all about. It can also mean raising the money for something or lending money to someone on credit.

"Finance your dreams," they say.

You read about people in ordinary jobs, with ordinary lives, who manage to save and invest their money so they can do the things they really love. There's a whole book about that. Have you read "The Millionaire Next Door?" It's a good book and it does give us ordinary people some inspiration about going for our dreams. You don't have to become a millionaire, though to finance some of those dreams.

Think about it. What is it you'd really like to have money for?

Do you want to open a coffee shop? Self-publish your own book? Backpack in Egypt? Make jewelry and sell it at fairs? Paint?

Whatever your dream is, it's do-able. Do the math. First you want to know about how much it's going to cost to finance this dream of yours. That's going to take a little research. Get on the web and look for information. Call people who have already done what you want to do and ask them out to lunch. Most of them will be happy and proud to tell you how they did it. You might even make a new friend.

You're going to be surprised in many ways. First, it may not cost as much as you think to get started. Second, once you start thinking in new directions, new ideas on how to finance this dream will show up. Third, most of us could save quite a lot by putting a little bit of money aside from every paycheck. Even 5 percent adds up to a lot in just a year.

So what are you waiting for? An engraved invitation? Here it is "You are cordially invited to have fun financing your dreams!" Now get started!

About this author -Julian Mettaroy is an investment counselor who specializes in helping normal folks finance their dreams. You can read more articles about finance at Diogo Finance


MORE RESOURCES:

Bloomberg

US Consumer Credit Climbed by $19.3B in Dec.
Bloomberg
Enlarge image Consumer Credit in US Climbed by $19.3 Billion in December Consumer Credit in US Climbed by $19.3 Billion in December Daniel Acker/Bloomberg College graduation in New York. Play Video Enlarge image Consumer Credit in US Climbed by $19.3 ...
Consumer Credit in US Climbed by $19.3 Billion in DecemberBusinessWeek
Credit-Card Borrowing Surged Over Holiday PeriodWall Street Journal (blog)
US consumer credit rises $19.3 bln in DecemberReuters
MarketWatch -Huffington Post
all 252 news articles »


Business Recorder

CREDIT MARKETS: Treasurys Auction Dim; Ford ABS Doubled
Wall Street Journal
The new senior secured notes are being sold in a private placement scheduled to wrap up Wednesday via lead banks JP Morgan, Bank of America Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley.
Against Risk Parity, ReduxSeeking Alpha

all 217 news articles »


Telegraph.co.uk

Why Credit Card Rates Remain So High
Smartmoney.com (blog)
But new data shows borrowers still pay double-digit rates on one consumer staple — credit cards. The average interest rate credit card holders paid during the fourth quarter 2011 was 12.78%, according to Federal Reserve data released today.
DailyMarkets.com Announces Winners of Best Credit Cards 2012 GuideSan Francisco Chronicle (press release)
Give your card some creditTelegraph.co.uk
8 Tips for Picking the Right Rewards CardCredit Card Guide News
Forbes -TCU 360 -The Consumerist
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Ford Credit ABS Issue Doubled To $2.3 Bln -Source
Wall Street Journal
The auto maker, through its Ford Credit unit, will use the proceeds to finance auto dealer inventory. Including subordinated bonds, the issue had climbed to $2.3 billion from $1.15 billion, the person close to the issue said. Auto-related issues--bonds ...

and more »


THL Credit Schedules Fourth Quarter Earnings Release and Conference Call
MarketWatch (press release)
BOSTON, Feb 7, 2012 (GlobeNewswire via COMTEX) -- THL Credit, Inc. /quotes/zigman/117928/quotes/nls/tcrd TCRD 0.00% ("THL Credit"), a middle market capital specialist, today announced that it will report its financial results for its fiscal fourth ...

and more »


AFP

China Credit Cards, Danish Loans, Mortgage Deal: Compliance
BusinessWeek
7 (Bloomberg) -- China's decision to allow Citigroup Inc. to issue credit cards in its own name may signal a step toward the government in Beijing opening its banking industry. New York-based Citigroup is the second foreign bank, and the first Western ...
China to Get Its First American Credit CardMinyanville.com
Citigroup Gets Approval for China Credit CardsWall Street Journal
China c.bank says to ensure credit for first-home buyersReuters
AFP -San Francisco Chronicle
all 208 news articles »


Wink News

Barry Dolowich: Earned income tax credit
Monterey County Herald
Q: Last year, I was pleasantly surprised to get back a refund far in excess of my withholding taxes due to an "earned income tax credit." I am hoping that I will qualify for this credit again for 2011. Please explain how the earned income credit works?
L.A. Mayor Villaraigosa Launches 2012 Earned Income Tax Credit Awareness ...eNewsChannels
Don't overlook a federal tax creditDelmarva Now
2011 Earned Income Tax Credit (EITC) Benefits Working Families With Up to ...MarketWatch (press release)
Los Angeles Daily News
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The Guardian

Tax credit expiration could slow wind's rise in Ill., but still plenty to export
McDonough Voice
By Anthony Brino The federal tax credit that has supported wind energy for almost 20 years is set to expire at the end of 2012. With this expiration looming, the future of the industry in Illinois — one of the top producers of wind energy in the ...
Colorado congressional delegation pushes for wind energy tax creditDenver Post
Production Tax Credit Impact on Wind Farm AftercareRenewableEnergyWorld.com
Colo. lawmakers urge extension of wind-energy creditNorthern Colorado Business Report
KKTV 11 News -Quincy Journal
all 153 news articles »


Restricting Tax Credits
New York Times
31): A recent government report reveals that in 2010, the Internal Revenue Service awarded $4.2 billion in taxpayer dollars to illegal immigrants through the refundable additional child tax credit. That's just wrong. American taxpayers should not have ...
Money Tips: Answers to Your Child Tax Credit QuestionsCredit Unions Online
Seven things to know before tackling your 2011 tax returnMilwaukee Journal Sentinel
Children of Immigrants Targeted by Tax Warfare in CongressIn These Times

all 12 news articles »


Baltimore Sun (blog)

Tax credit to speed Senator Theatre renovations
Baltimore Sun (blog)
Martin O'Malley announced Tuesday that they would receive $300000 in a 2012 Sustainable Communities Tax Credit — administered by the Maryland Historical Trust and known previously as the Historic Tax Credit — to rehabilitate the movie house, ...

and more »

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