How Your Environment Impacts Your Finances

Group think might impact you more than you realize

This is a member post from Eric at Narrow Bridge Finance. Check it out today! If you like it, subscribe or join the e-mail list. You can also check out his eBook, the Personal Finance Arsenal.

Most of us like to think of ourselves as intelligent people in control of our own actions and destiny. However, group think might impact you more than you realize. Does your environment impact your finances?  You bet your bottom dollar it does!

Micro Environment – Your Friends and Family Read More

Sell In May And Go Away: Stock Portfolio Rebalancing Time

You'll Never Lose If You Lock In A Gain

* It’s 2015 now and the bull market rages on!

If you were to ask me at the beginning of the year whether I’d accept a 11% return on my overall stock portfolio I would emphatically say, “HELL YES!”.  Thanks to fantastic first quarter earnings, the Dow Jones is up 11% and the S&P 500 is up around 9%.  Unsurprisingly, my own 401K and stock investments are up around 11% overall as well and I’m sure the same returns have blessed many of you.

It seems like so long ago when the markets plunged due to the tsunami/earthquake in Japan, and even longer ago when the US markets experienced a 10% “flash crash” drop in May, 2010. Right now, everything is hunky dory according to the markets, and you can’t go anywhere without hearing some pundit say how bullish s/he is.

THINGS I WORRY ABOUT Read More

You Are Your Brand: Tips for Building Your Readership

Making A Name For Yourself And Doing It Your Way

by in Lifestyle on Apr 29th, 2011

I’ve wanted to write this article for Yakezie for a long time. At Barbara Friedberg Personal Finance I’m very disciplined and stick to actionable personal finance and investing topics most of the time. But I have a lot to say and decided to post some of my other ideas in guest posts that are related to my hosts’ sites.

Here at Yakezie, we are all about improving and supporting one another.

Understand PERSONAL BRANDING and grow your online presence.

WHO DOESN’T LOVE FREE? Read More

Passive Income Ideas Are All Myths Except For One

Multiple Streams Of Income

by in Personal Finance on Apr 27th, 2011

Not sure where people are getting the idea that there’s such a thing called passive income, because there really isn’t. The only thing I can imagine as truly passive income is if one inherits a bunch of money, buys some CDs and lives off the interest. That is legitimate passive income, everything else is not.

Instead of thinking about passive income, think about how hard or soft your money is working for you. In other words, what is your money’s “Return On Effort”. The best is when the stock market is going up and you feel like a genius without having to do much of anything. Too bad the markets also go down.

PASSIVE INCOME MYTHS Read More

Career and Money: Lessons from Summer Jobs

Work While Others Are Vacationing To Get Ahead

by in Lifestyle on Apr 25th, 2011

With the summer coming up, many college and high school students are looking for summer jobs to earn some income. For many, it’s just a job or just a paycheck. I’m hoping to encourage others to look for just more than the money. I thought it would be fun to reminisce about some of my first summer jobs and money lessons I learned from the job and what I learn from the job.

Office Assistant (Real Estate Appraisal) Read More

The CarInsuranceCompanies.com Yakezie Writing Contest

Writing For A Better Education

by in Writing Contest on Apr 19th, 2011

Click here to submit an essay!

We are pleased to announce The CarInsuranceCompanies.com Yakezie Writing Contest!  Our title sponsor is none other than Yakezie Member Joel from Credit Card Chaser!  We are fortunate to have serial entrepreneur Joel as our sponsor, and I hope all of you go visit his latest site today.  CarInsuranceCompanies.com serves to compare different car insurance quotes of various online car insurance companies to save the consumer time and money.

The CarInsuranceCompanies.com YWC will be of the same format as the previous YWC.  Contestants will have an open window from April 18 to May 1 midnight.  We plan to limit the number of submissions to around 200 total vs. 1,049 last time and choose the Top 31 essays as decided by the Yakezie Writing Contest Committee (YWCC).  We will publish one finalist essay a day for Members and readers to vote on starting early May.

ESSAY QUESTIONS (ANSWER ONLY ONE) Read More

The Yakezie Pledge Page Is Live!

Helping Our Youth Fund A Better Education

by in Writing Contest on Apr 16th, 2011

* Writing Contest Submission Window Is Now Open: Click here to enter and compete!

Dear Friends,

At long last, we have launched the Yakezie Pledge Page!  Yakezie Webmaster Chris Johnson brilliantly constructed a system we devised to allow Members and registered readers alike to support our quarterly Yakezie Writing Contest (YWC).  At the end of each YWC, those who have pledged will donate the money directly to the winning recipients.

For every YWC, we plan to donate a minimum of $1,000 to three winners ($600 for first place, $300 for second, $100 for third).  We are confident with such a large Network, we will be able to raise more.  The final amount raised will be divided into a 60/30/10 split.  If we raise $2,000, for example, the winners will get $1,200, $600, and $200!

PLEDGE  FOR A BETTER EDUCATION Read More

Prestigious Expensive University Or A Free-Ride Elsewhere?

The Price Of Education Keeps Going Up

by in Personal Finance on Apr 13th, 2011
The following is a a guest post from Yakezie Writing Contest runner-up Katharine Rudzitis.  Katharine is faced with an incredibly difficult decision: attend a prestigious university and go tens of thousands of dollars into debt, or attend a lesser known university, but get a full-ride.  There is a raging debate going on about a bubble in higher education costs.  Please have a read and help provide some insights to one of our very own!  Sam

“COLLEGE DECISIONS

Whenever an adult walks over to me with that tell-tale gleam in his or her eye, I know what’s coming.  I’m an eighteen-year-old girl attempting to major in math and theoretical physics, and that fact, combined with my avid interest in writing, is prime material for the College Talk.  I firmly believe that graduation from college brings with it a diploma and the unshakable conviction that one must share opinions about college with every single high school senior in the world—academic evangelism, so to speak, and this belief confirms itself with each, “Oh, I heard you started your college visits,” and every die-hard Ivy League alum.

THERE CAN BE ONLY ONE Read More

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