Comments on: Managing Your Finances With A Personal Finance Manager http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html Sat, 23 Jan 2010 03:57:21 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Princess Billi Jo♥ http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-163 Princess Billi Jo♥ Fri, 22 Jan 2010 16:34:51 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-163 Depending on their spending habits they should put the money in an emigrant direct or ING money market account. They should keep that money for emergencies and really should try to get it up to at least $10000 or preferably $15000 just in case something happens. Emigrant direct currently pays 5% apr ING is about 4.5%. This way it doesn't have to be tied up for a year or more and can be transfered electronically into your account if needed in about 3-5 days. Once this emergency fund is where you would like it to be, start investing everything else you have left over each month on higher yielding stocks. Depending on their spending habits they should put the money in an emigrant direct or ING money market account. They should keep that money for emergencies and really should try to get it up to at least $10000 or preferably $15000 just in case something happens. Emigrant direct currently pays 5% apr ING is about 4.5%. This way it doesn't have to be tied up for a year or more and can be transfered electronically into your account if needed in about 3-5 days. Once this emergency fund is where you would like it to be, start investing everything else you have left over each month on higher yielding stocks.

]]> By: witnessprotectionprogram http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-167 witnessprotectionprogram Fri, 22 Jan 2010 16:01:24 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-167 Are you sure that you want a philosophical answer to your question? I would give you a deep, highly sincere, I don't have the foggiest notion as my philosophical answer. Are you sure that you want a philosophical answer to your question? I would give you a deep, highly sincere, I don't have the foggiest notion as my philosophical answer.

]]> By: Johnnyk http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-166 Johnnyk Thu, 21 Jan 2010 23:44:07 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-166 I've seen a few good resumes that come across my desk that do exactly what you are looking to do. The best suggestion would be to list your previous employers in one grouping (along with the dates of your employment, etc.) in one section and then list various job duties and responsibilities that are relevant to the position(s) for which you are applying immediately underneath. This will help keep the resume simple and easy to read, as well provide useful information to the person reviewing the resume and/or doing the hiring. If you need any resume templates, check out www.inknowvation.net. There are a few free templates that you may be able to modify to meet your need. I hope this helps. I've seen a few good resumes that come across my desk that do exactly what you are looking to do. The best suggestion would be to list your previous employers in one grouping (along with the dates of your employment, etc.) in one section and then list various job duties and responsibilities that are relevant to the position(s) for which you are applying immediately underneath.

This will help keep the resume simple and easy to read, as well provide useful information to the person reviewing the resume and/or doing the hiring.

If you need any resume templates, check out http://www.inknowvation.net. There are a few free templates that you may be able to modify to meet your need.

I hope this helps.

]]> By: Barracuda http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-161 Barracuda Thu, 21 Jan 2010 05:55:02 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-161 This baffles me too. I have watched a relative work all of his life, he's now 60, has never owned a home of his own...has made good money in the 40 yrs he's been employed...and he and his family have NOTHING to show for all the yrs he's worked! He LOVES cars.. and that's all he buys and in the meantime he rents an apt while paying more in car payments than rent. He has nothing saved and he lives paycheck to paycheck. One would think that a person this age would want to be comfortable and able to relax and enjoy the fruits of his labor...but he's just like a child..he never sees the reality of anything. Do you remember the Aesop Fable about the Grasshopper and the Ant? Well, the Ant was a hard worker who gathered seed and prepared for the winter months while the Grasshopper fiddled around and danced throughout the summer and was never prepared for the future....guess what happened to him?....he froze to death in the winter because he wasn't prepared. This relative of mine, it would serve him right if his wife left him..he truly does not deserve her! He is such a loser! Why are people like this? I will never know, I just chalk it up to selfishness! And that is soooooooooo sad. This baffles me too.
I have watched a relative work all of his life, he's now 60, has never owned a home of his own…has made good money in the 40 yrs he's been employed…and he and his family have NOTHING to show for all the yrs he's worked!

He LOVES cars.. and that's all he buys and in the meantime he rents an apt while paying more in car payments than rent. He has nothing saved and he lives paycheck to paycheck. One would think that a person this age would want to be comfortable and able to relax and enjoy the fruits of his labor…but he's just like a child..he never sees the reality of anything.

Do you remember the Aesop Fable about the Grasshopper and the Ant?
Well, the Ant was a hard worker who gathered seed and prepared for the winter months while the Grasshopper fiddled around and danced throughout the summer and was never prepared for the future….guess what happened to him?….he froze to death in the winter because he wasn't prepared.

This relative of mine, it would serve him right if his wife left him..he truly does not deserve her! He is such a loser!
Why are people like this? I will never know, I just chalk it up to selfishness!
And that is soooooooooo sad.

]]> By: Agnt412 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-162 Agnt412 Wed, 20 Jan 2010 06:14:08 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-162 He can marry a pretty girl that will take care of money for him. He can marry a pretty girl that will take care of money for him.

]]> By: gjonesgrad http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-165 gjonesgrad Wed, 20 Jan 2010 05:44:47 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-165 A personal assistant can do it for you. One coworker is taking care of a woman in her 90s, does her shopping, bill paying and takes her to appointments. You really can do it yourself cheaper and it is so easy these days. Set up as many as you can to pay on a credit card. I do that will all insurance, cell phone, cable and garbage so I never need to think of them again. Other bills are paid on bill payer even ones I don't know how much they will be like water. I just send them more than they could ever want, like my water bill runs 25-50 for 2 months so I send them $50 and have an overpayment unless I remember to change it to the actual amount. My natural gas is never over 200 and takes what they want so I budget $300 for it and electric so never let my balance get below that. Even my mortgage is paid automatically. I really only need to pay my property taxes twice a year and my credit card once a month but I even set up a payment for the credit card so at least the minimum is paid should I ever forget to pay it. A personal assistant can do it for you. One coworker is taking care of a woman in her 90s, does her shopping, bill paying and takes her to appointments.

You really can do it yourself cheaper and it is so easy these days. Set up as many as you can to pay on a credit card. I do that will all insurance, cell phone, cable and garbage so I never need to think of them again. Other bills are paid on bill payer even ones I don't know how much they will be like water. I just send them more than they could ever want, like my water bill runs 25-50 for 2 months so I send them $50 and have an overpayment unless I remember to change it to the actual amount. My natural gas is never over 200 and takes what they want so I budget $300 for it and electric so never let my balance get below that. Even my mortgage is paid automatically. I really only need to pay my property taxes twice a year and my credit card once a month but I even set up a payment for the credit card so at least the minimum is paid should I ever forget to pay it.

]]> By: myche35 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-164 myche35 Tue, 19 Jan 2010 22:49:00 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-164 By: Paul http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-159 Paul Tue, 19 Jan 2010 18:03:40 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-159 I really like Mvelopes because I can budget $ into different categories(envelopes) is ways that I can't with Quicken. It has a better system for helping track what I'm actually taking in and sending out. Not just what I wish I was taking in and sending out. I really like Mvelopes because I can budget $ into different categories(envelopes) is ways that I can't with Quicken. It has a better system for helping track what I'm actually taking in and sending out. Not just what I wish I was taking in and sending out.

]]> By: KB http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-160 KB Tue, 19 Jan 2010 17:22:52 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-160 It sounds like they'll just have someone on the phone with you for 10 minutes to help allocate your money between the funds. Might be useful for some people who are completely lost and need someone to hold their hand. For you it sounds like a waste, and yeah your choices aren't that great. But consider that most people probably fill out the 401k asset allocation form by asking the F-wit in the next cubicle what he chose. I think the only decent choice there is the S&P index fund. You didn't mention whether the midcap, small cap, and international funds were indexed or not. Stay away from any actively managed fund (i.e. not indexed) because it puts your money at the whim of the individual portfolio manager. But if those funds are indexed, then split your money across all those funds. It sounds like they'll just have someone on the phone with you for 10 minutes to help allocate your money between the funds. Might be useful for some people who are completely lost and need someone to hold their hand. For you it sounds like a waste, and yeah your choices aren't that great. But consider that most people probably fill out the 401k asset allocation form by asking the F-wit in the next cubicle what he chose.

I think the only decent choice there is the S&P index fund. You didn't mention whether the midcap, small cap, and international funds were indexed or not. Stay away from any actively managed fund (i.e. not indexed) because it puts your money at the whim of the individual portfolio manager. But if those funds are indexed, then split your money across all those funds.

]]> By: larrylie88 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html/comment-page-1#comment-158 larrylie88 Tue, 19 Jan 2010 17:15:04 +0000 http://www.voicesemerge.org/managing-your-finances-with-a-personal-finance-manager.html#comment-158 thank you. thank you.

]]>