I have read many personal finance blogs, most discussing about being frugal and saving money, but is this the option? Should we all take every cent and stash it under our bed until it becomes noticeable? I don’t think so. There is a difference between spending money and spending money wisely. We’ve been brought up [...]

The US economy has been in turmoil for much longer than most actually know. Dating back to the horrific event of 9/11, the US have never really recovered to a feasible level and ever since, has been on a slow downward slide. Financial advisors yelling and screaming about this current time wasn’t enough for people [...]

As you may have noticed, I have two bars on my sidebar (right). The first one is how much money I have placed in my savings account, the second, my debt accumulation. I don’t wish to focus on having debt or even the thought of it, however the more I visualise no debt and [...]

Lehman Brothers, one of the major financial brokers in America, has been forced to file for the biggest bankruptcy in history, according to the Financial Review this morning. Lehman Brothers, the 158-year-old finance broker, had made over US$59 Billion in 2007 with it’s total assets equating over US$691 Billion in the same year. Lehman Brothers [...]