Thoughts
Sounds Familiar?
I was reading this article at Bloomberg.com today when I noticed this quote,
“At least it’s an increase in reserves, even though it’s still very small,” said Fanie Joubert, an economist at Efficient Group in Pretoria. “The problem is the speed at which imports are rising. It indicates the Reserve Bank needs to continue building reserves.”
How I Arrived at 25K
I thought I would take the time to write about how I arrived at a net worth of 25K at 33 years old. According to Federal Reserve Board’s 2004 Survey of Consumer Finances (Source), the median net worth for those in my age group, between 30 and 39 is $44,200.
Understand the median net worth is […]
My Financial Goal for Growing My Net Worth
Ever since the birth of the Carnival of Financial Goals, I have been leearning how to establish financial goals in several areas of my own PF management. The first goal I established last year was my emergency fund which I entered in the 1st carnival.
This goal is being currently tracked here because Moolanomy was asking […]
Thought of the Day
* Treat your personal finance as your own business.
* A business in debt is a business in debt, if you are in debt, you are in debt.
* A business flush in cash is a business flush in cash, if you are flush in cash, you are flush in cash.
* A business with assets is a business with assets, if you are with assets, you are with assets.
Welcome to Just Personal Finance at TheLocoMono Website!
In keeping with the goal of helping TheLocoMono readers educate themselves and improve the quality of their personal finances as well as my own, I have created a sub-domain, Just Personal Finance.