Tag Archives: personal balance sheet

How to Create the Budget of the Wealthy – Creating a Cash Flow Plan

Originally posted on The Small Investor:
If you want to become wealthy, you need to manage money like wealthy people do.  As Robert Kiyosaki explains in his book, Rich Dad, Poor Dad, people who are poor or middle class have money come…

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Why Your Home Is A Bad Investment

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Managing Your Personal Finances Using Cashflow Diagrams

For more a more detailed description of each cashflow diagram, check out my page on organizing personal finances (http://www.invest-safely.com/organizing-personal-finances.html). If you’re looking for tips on improving your financial health, my page on personal budgeting is a great place to start … Continue reading

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Banks Charge for Deposits

It was only a matter of time, but we are starting to see actual NEGATIVE interest rates on bank account balances. On August 6th, the Bank of New York Mellon Corporation (BK) announced a new annual fee will be charged on … Continue reading

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Why Health Care Is Not Affordable

Ever wonder why health care is not affordable? With so much conflicting data and information floating around, it is hard to put it all into perspective. Enter the infographic; a great way to visualize complex topics. At first glance, health … Continue reading

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Easter Egg of the Day: Jim Rohn

“If you don’t know what a financial statement is, make it a priority to find out without further delay. It’s very important to know exactly where you are financially, without kidding yourself. Only when you know where your are can … Continue reading

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